Buyer’s Default definition

Buyer’s Default has the meaning specified in § 8.5(b);
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Buyer’s Default means a Default by a Buyer.
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Buyer’s Default means a default of the Buyer in the manner described in clause 6.12.
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Examples of Buyer’s Default in a sentence

  • For purposes of determining whether Seller has achieved the Guaranteed Energy Production, Seller shall be deemed to have delivered to Buyer (1) any Deemed Delivered Energy and (2) Energy in the amount it could reasonably have delivered to Buyer but was prevented from delivering to Buyer by reason of any Force Majeure Events, System Emergency, Buyer’s Default or other Buyer failure to perform, and Curtailment Periods (“Lost Output”).

  • Upon Buyer’s Default and ▇▇▇▇▇▇’s written notice thereof to Buyer, every obligation of Seller hereunder shall immediately terminate and Seller shall have all rights and remedies existing at law or in equity, including but not limited to those provided by the Ontario Personal Property Security Act as adopted in Ontario, and Buyer shall reimburse Seller on written demand for any costs or losses sustained or incurred by Seller arising directly or indirectly from the Buyer Default.


More Definitions of Buyer’s Default

Buyer’s Default means the occurrence of one or more of the following events:
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Buyer’s Default has the meaning specified in § 8.5(b); "Невиконання Зобов’язань Покупцем" має значення, що наведене в підпункті 8.5(b);
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Buyer’s Default means the failure of Buyer to (a) perform any of its obligations under this Agreement or (b) otherwise consummate the Transaction notwithstanding that all of the conditions to its obligation to close have been satisfied.
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Buyer’s Default means the Buyers' failure to make a payment of any Instalment as required under the terms of this Agreement unless payment is made within three (3) Business Days of its due date.
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Buyer’s Default means an Event of Default of the Buyer. “Buyer’s Fraction” has the meaning set forth on the Cover Sheet.
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Buyer’s Default is defined in Section 3.1(b)(i).
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Buyer’s Default means, either (i) the failure of Buyer to close the transaction contemplated by this Agreement on the Closing Date or (ii) the failure of Buyer to satisfy each of the conditions to Seller's obligation to close set forth in Section 4.1.1, 4.1.2, 4.1.3, or 4.
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