Carrier Default definition

Carrier Default the occurrence and continuation of (i) a breach or default by Carrier of any of its payment obligations under this Agreement or the Tariff, (ii) a material breach or default by Carrier of any of its obligations under this Agreement or the Tariff, unless such breach or default, or material breach or default, as applicable, occurs as a result of a breach or default by Shipper of its obligations under this Agreement or the Tariff, or (iii) a failure by Carrier to meet the Carrier Standard of Performance.
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Carrier Default means the occurrence of any default or other event that entitles the Shipper to terminate, whether at common law, in equity or otherwise, the Assigned Agreements, if any, and which has not been cured or waived.
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Carrier Default shall have the meaning given to such term in Section 8.3 of this Agreement.
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Examples of Carrier Default in a sentence

  • The Commission’s Selection of the Originating Carrier Default Rule Was Arbitrary and CapriciousEven if the Commission’s default rule did not violate the specific provisions of Chapter 364 — and it does — the Commission acted arbitrarily and capriciously in selecting the default rule.

  • TIGTA has conducted annual assessments of the VITA program since 2004.

  • They have responded positively to the Secretary of State’s intervention and have come forward with two proposals for reorganisation.

  • If an employer incurs liability to the Fund after being removed from the Commission Default List or Private Carrier Default List, whichever is applicable, and the employer fails to remit payment for such liability to the Fund on a timely basis, as described in subsection 7.1 of this rule, the employer will be placed on the Default List until the liability is fully paid or otherwise resolved pursuant to section 7 of this rule.

  • An employer shall remain on the Commission Default List or Private Carrier Default List, whichever is applicable, as defined in 85CSR11, until it pays all of its liability to the Fund, enters into a full and final settlement with the Commissioner for its liability to the Fund or enters into a repayment agreement with the Commissioner for its liability to the Fund.

  • As per Figure 3, Azerbaijan has coverage ratio of 71.6%, similar to that of such economies as Australia (70%), New Zealand (74%), Philippines (74%) and the European Union (69%), which is above regional and global averages of approximately 57%.

  • There are no known large developments, including other solar facilities, proposed in the surrounding area.

  • Carrier Default Pier Auto-Release: If a bag tag is scanned or manually keyed and a BSM does not exist for that particular bag tag, the system can be configured to automatically release it to the Carrier Default Pier for the bag, or the system can be configured to prompt the operator before automatically releasing the bag to the Carrier Default pier.

  • We urge you to check your Domestic Mail Manual for current/valid presort levels.UPCRDEDT 14 Subclass (Presort Type)Define the subclass:UPCRDEDTA U N EblankAutomated MachinableNon-Automated (manual) Enhanced Carrier Default - all subclasses PositionField NameDescriptionIBM iScreen16-20Number of Pieces to Force a ContainerSpecify the number of pieces to force a container.

  • During such thirty (30) day cure period or at any time while a default is continuing, Contractor shall not be required to provide further services at any Location unless Carrier pays in advance to with Contractor an amount satisfactory to Contractor necessary to pay for the charges for such services, which payment may be applied by Contractor in its sole discretion to reduce outstanding indebtedness which is to be incurred under this Agreement or otherwise cure such Carrier Default.


More Definitions of Carrier Default

Carrier Default has the meaning given to it in Section 9.03;
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Carrier Default has the meaning given to it in Section 10.04 of this Agreement;
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Related to Carrier Default

  • Customer Default has the meaning set out in clause 8.3.

  • Minor Default means any Event of Default that is not a Major Default.

  • Major Default means any Event of Default occurring under Sections 4.1(a), 4.1(c), 4.1(l), or 4.1(p).

  • MI Default has the meaning given to it in paragraph 6.1 of Framework Schedule 9 (Management Information);

  • Senior Default means any Senior Payment Default or Senior Covenant Default.

  • Default means any event or condition that constitutes an Event of Default or that, with the giving of any notice, the passage of time, or both, would be an Event of Default.

  • Lease Default means any event or condition which, with the lapse of time or the giving of notice, or both, would constitute a Lease Event of Default.

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).

  • Seller Default has the meaning set forth in Section 12.1.

  • Buyer Default refers to nonpayment of the Xxxxxxx Money in accordance with the provisions of this Agreement (including nonpayment or dishonor of any check delivered for the Xxxxxxx Money) and/or the failure of this transaction to close due to nonperformance, breach and/or default with respect to the Buyer’s obligation(s) under this Agreement. In the event of a Buyer Default, the following provisions shall apply:

  • Contractor Default shall have the meaning set forth in Clause 23.1;

  • Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).

  • Event of Default wherever used herein, means any one of the following events (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):

  • Swap Default Any of the circumstances constituting an “Event of Default” under the Swap Agreement.

  • Loan Event of Default An “Event of Default” as defined in the Loan Agreement.

  • Bank Default means (i) the refusal (which has not been retracted) of a Bank to make available its portion of any Borrowing or to fund its portion of any unreimbursed payment under Section 2.03(c) or (ii) a Bank having notified in writing the Borrower and/or the Agent that it does not intend to comply with its obligations under Section 1.01 or Section 2, in the case of either clause (i) or (ii) as a result of any takeover of such Bank by any regulatory authority or agency.

  • Purchaser Default has the meaning set forth in Section 12.2 (a).

  • O & M Default means any default on the part of the Power Producer for a continuous period of ninety (90) days to (i) operate and/or (ii) maintain (in accordance with Prudent Utility Practices), the Project at all times.

  • Material Default means a material breach of this Framework Agreement and/or, breach by the Supplier of any of the following Clauses: Clause 8 (Warranties and Representations), Clause 9 (Prevention of Bribery and Corruption), Clause 13 (Statutory Requirements and Standards), Clause 14 (Non-Discrimination), Clause 15 (Provision of Management Information), Clause 16 (Management Charge), Clause 17 (Records and Audit Access), Clause 22 (Data Protection), Clause 23 (Freedom of Information) and Clause 31 (Transfer & Sub-contracting);

  • Servicer Default means an event specified in Section 8.01.

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Special Default means (i) the failure by Owner to pay any amount of principal of or interest on any Equipment Note when due or (ii) the occurrence of any Default or Event of Default referred to in Section 5.01(v), (vi) or (vii).

  • Potential Default means an event which but for the lapse of time or the giving of notice, or both, would constitute an Event of Default.

  • Landlord Default shall have the meaning given such term in Article 14.