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

  • Upon any such waiver of a past default, such default shall cease to exist, and any Company Default arising therefrom shall be deemed to have been remedied for every purpose of this Agreement.

  • This indemnification provision shall be in addition to the rights of such Holder or Holders to bring an action against the Company for breach of contract based on such Company Default.

  • Any Dispute over whether or not an Owner Default or Distribution Company Default has occurred shall be resolved in accordance with Article XVII.

  • Notwithstanding the foregoing sentence, Owner shall have no right to (i) terminate this Agreement based upon a Distribution Company Default, except as provided in clause (a) above, or (ii) suspend transmission service under this Agreement based on a Distribution Company Default, except as provided in clause (b) above.

  • The Company shall indemnify, save and hold harmless the Holder hereof and the Holders of any Warrant Stock issued upon the exercise hereof from and against any and all liability, loss, cost, damage, reasonable attorneys' and accountants' fees and expenses, court costs and all other out-of-pocket expenses incurred in connection with or arising from a Company Default.


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 is defined in Section 6.01(B).
Company Default shall occur upon any of the following events:
Company Default means any event or circumstances which, with the giving of notice, the lapse of time, or both, would (if not cured or otherwise remedied during such time) constitute a Company Event of Default.
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.