Company Default definition

Company Default. As defined in Section 9.05 hereof.

Company Default means (a) the breach of any warranty or the inaccuracy at the time when made of any representation made by the Company herein or (b) the failure by the Company to comply with any covenant of the Company contained herein.

Company Default means (a) the breach of any warranty or the inaccuracy in any material respect at the time when made of any representation made by the Company herein or (b) the failure by the Company to comply in any material respect with any covenant of the Company contained herein.

Examples of Company Default in a sentence

• In the case of a Company Default, LVCVA shall have the right, in its sole and absolute discretion, to seek damages and other remedies (but specifically excluding termination of this Agreement) from the Company pursuant to the Negotiated Resolution Process set forth in Section 12.8 and the Arbitration Process set forth in Section 12.9. LVCVA’s seeking of damages and other remedies shall not affect the Company’s duty to carry out its obligations hereunder during the Term of this Agreement.

• In the event that LVCVA obtains a judgment or other monetary award in connection with a Company Default, (i) LVCVA agrees that the amount of the damages or monetary award shall not be used as an offset against the Sponsorship Fees due hereunder, and (ii) the Parties shall negotiate in good faith (but shall not be required to agree) on the provision of make-good benefits to be provided to LVCVA up to the value of the judgment or award due to LVCVA.

More Definitions of Company Default

Company Default has the meaning set forth in Section 9.01(c).

Company Default has the meaning set forth in Section 5.1.

Company Default means the failure or delay of Company or its representatives, agents, subcontractors or suppliers (other than Contractor and its Subcontractors and their agents and employees) to meet Company’s material obligations under this Contract, including the obligations identified in Section 3.1.

Company Default shall occur upon any of the following events:

Company Default means an event that with the passage of time or the giving of notice or both would be a Company Event of Default.

Company Default is defined in Section 6.01(B).

Company Default means the failure or delay of Company or its representatives, agents, subcontractors or suppliers (other than Contractor and its Subcontractors and their agents and employees) to meet Company's obligations under this Contract.