Customer Event of Default definition
Examples of Customer Event of Default in a sentence
The Freight Customer shall notify Network Rail promptly on becoming aware of the occurrence of a Freight Customer Event of Default.
Network Rail may serve a Suspension Notice where a Freight Customer Event of Default has occurred and is continuing.
The Broker may also disclose such information to Cloud Provider(s) as set out in this CPA, for example if such information has relevance to Broker’s notification to Cloud Provider(s) of a Customer Event of Default.
No Customer Event of Default shall be deemed waived unless in writing and signed by Owner.
If Customer fails to return the CPE within the above time period, then such failure shall constitute a Customer Event of Default hereunder and Cause under the Master Terms.
Network Rail may serve a Termination Notice on the Freight Customer where: the Freight Customer fails to comply with any material restriction in a Suspension Notice; the Freight Customer fails to comply with its obligations under paragraph 2.5.3; [Not used]; or the Freight Customer Event of Default specified in a Suspension Notice served by Network Rail is not capable of being remedied and 3 months have elapsed from the service of that Suspension Notice.
Provided no Host Customer Event of Default has occurred and is ongoing, in no event shall System Owner sell, or be deemed to have sold, Output to any Person other than Host Customer.
The increase in referrals is impacting enrollment and the needfor additional staff and space.
If there is an alleged Customer Event of Default as provided above, then CUSTOMER shall have an opportunity to cure such Customer Event of Default as provided for herein.
Notwithstanding the foregoing, if a Host Customer Event of Default has occurred or is ongoing under Article 12 of this Agreement, then System Owner shall retain title to and utilize the Output generated after such Host Customer Event of Default, in accordance with the remedies set forth in this Agreement.