County Event of Default definition

County Event of Default has the meaning set forth in Section 7.3.
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County Event of Default means any Event of Default under
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County Event of Default shall have the meaning set forth in Section 5.01
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Examples of County Event of Default in a sentence

  • Upon the occurrence of a County Event of Default as set out above, Contractor shall provide written notice of such County Event of Default to the County (“Notice to Cure”), and the County shall have thirty (30) calendar days after the date of a Notice to Cure to correct, cure, and/or remedy the County Event of Default described in the written notice.

  • In the event the County fails to cure a County Event of Default as authorized herein, Contractor may terminate this Agreement in whole or in part effective on receipt by the County of written notice of termination pursuant to this provision, and may pursue such remedies at law or in equity as may be available to the Contractor.

  • Subject to any applicable conditions and limitations set forth elsewhere in this Lease, at any time that an County Event of Default shall have occurred and be continuing, LAPA may, if it so desires in LAPA’s sole and absolute discretion and without any obligation whatsoever to do so, perform or cause to be performed any of County’s unperformed obligations hereunder.

  • In the event this PSA is completely or partially terminated by County for convenience or terminated by Consultant due to the occurrence of a County Event of Default, the Services and Deliverables provided by Consultant during the Transition Period shall be provided at the then applicable rates and fees set out in this PSA or the applicable Project Agreement.

  • Such performance by LAPA shall not be deemed either to waive or release any County Event of Default or the right of LAPA to take any action provided herein in the case of such default.

  • The amount of any cost, expense or expenditure incurred by LAPA in connection therewith and as a result of an County Event of Default together with interest thereon from the date paid by LAPA shall be payable by County to LAPA on demand.

  • All of the County’s representations and warranties in this Agreement must be accurate and complete in all material respects as though made on the Closing Date; the County must not have breached any of the County’s representations, warranties, or covenants in this Agreement; and there must be no County Event of Default under this Agreement nor any circumstance which, but for the passage of time or the giving of notice or both, would constitute a County Event of Default as of the Closing Date.

  • Any controversy hereunder (including, without limitation, any controversy or dispute with respect to the existence of an County Event of Default or LAPA Event of Default) which is not resolved by the parties shall be referred to non- binding mediation in accordance with the terms hereof prior to the commencement of any litigation with respect thereto.

  • If termination is for the convenience of the County under Sections 14.4 or due to a County Event of Default pursuant to Section 14.3, the County shall pay to the Company within sixty (60) days after the date of the Company’s invoice supported by Cost Substantiation all reasonable costs and expenses incurred by the Company in satisfying its obligations under Section 14.6 (A) of this.

  • The following shall constitute a County Event of Default for purposes of this Agreement:The repeated or persistent failure or refusal by the County to fulfill any of its material obligations under this Agreement (unless that failure or refusal results from an Uncontrollable Circumstance or the fault of the Contractor), provided that the Contractor shall have given the County sixty (60) days’ prior written notice of the County’s failure to meet the specific obligation.


More Definitions of County Event of Default

County Event of Default has the meaning set forth in Section 9.2, below.
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County Event of Default has the meaning set forth in Section 21.1 (County Events of Default).
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Related to County Event of Default

  • 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).

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

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

  • Loan Event of Default means any of the events specified in Section 5.1 of the Loan Agreement, provided that any requirement for the giving of notice, the lapse of time, or both, or any other condition, event or act has been satisfied.

  • Event of Default has the meaning 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.

  • Material Event of Default means the occurrence of an Event of Default (as defined in the Senior Unsecured Loan Agreement) under any of the following sections of the Senior Unsecured Loan Agreement:

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • Owner Event of Default shall have the meaning set forth in Section 18.3.

  • Specified Event of Default means an Event of Default under Section 7.01(a), (b), (h) or (i).

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

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration 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.

  • Senior Event of Default means an Event of Default under the Senior Loan Documents.

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

  • Issuer Event of Default means the occurrence of any of the following events:

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • Financial Covenant Event of Default has the meaning specified in Section 8.01(b).

  • Mortgage Loan Event of Default means an “Event of Default” under and as defined in the Mortgage Loan Agreement.

  • Potential Issuer Event of Default means any condition, event or act which, with the lapse of time and/or the issue, making or giving of any notice, certification, declaration, demand, determination and/or request and/or the taking of any similar action and/or the fulfilment of any similar condition, would constitute an Issuer Event of Default;

  • Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance Agreement.

  • Indenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Debenture Event of Default means an "Event of Default" as defined in the Indenture.