Final Default means a situation where the Developer fails to remedy a default within such time as provided in the notice given by the Town, as provided in Section 39 hereof.
Final Default means a situation where the Developer fails to remedy a default within such time as provided in the notice given by the City.
Final Default has the meaning provided in Section 5.3.5.
Examples of Final Default in a sentence
Notice of such default shall be given by the City, and if the Developer shall not remedy such default within such time as provided in the notice, the City may declare the Developer to be in Final Default under this Agreement and shall then forthwith give notice thereof to the Developer.
More Definitions of Final Default
Final Default. Any final and total disappearance by the Depositor without his contractual maintenance and monitoring and/or service and/or operational continuity obligations with respect to the Software covered by this Deposit as defined in the Special Agreement or, otherwise, in this Deposit Agreement, being assumed by a transferee appointed by name within a maximum period of thirty (30) Days from ascertainment of the disappearance of the Depositor by any means and, more generally, any final discontinuance of maintenance and/or continued operation of all or part of the Software covered by this Deposit Agreement, whether at the Depositor’s own initiative or following his court-ordered reorganization or liquidation. A complete or partial withdrawal of the Deposit items (components, versions, special developments, etc.) shall also be considered as a “Final Default” within the meaning of this Deposit Agreement. In the event of total or partial withdrawal of the Deposit items, Logitas shall so inform the Subscribers.
Final Default means a material and unremedied default of a material provision of this Agreement, which default remains unremedied after written notice specifying such default and expressly indicating Appleton's intention to seek recourse under this Section VII, and which remains unremedied 30 days after such notice.
Final Default has the meaning set forth in Section 25.1(e).
Final Default. Any final disappearance by the Depositor without his contractual maintenance and monitoring and/or service and/or operational continuity obligations with respect to the Software as defined in the Special Agreement or, otherwise, in this Subscription Agreement, being assumed by a transferee appointed by name within a maximum period of thirty (30) Days from ascertainment of the disappearance of the Depositor by any means and, more generally, any final discontinuance of maintenance and/or continued operation of all or part of the Software, whether at the Depositor’s own initiative or following his court-ordered reorganization or liquidation. A complete or partial withdrawal of the Deposit items (components, versions, special developments, etc.) shall be considered as a “Final Default” within the meaning of this Subscription Agreement. In the event of total or partial withdrawal of the Deposit items, Logitas shall so inform the Subscriber. Temporary Default: Any temporary inability by the Depositor to ensure his contractual maintenance and/or monitoring and/or service and/or operational continuity services with respect to the Software, as defined in the Special Agreement, or otherwise in this Subscription Agreement. A Temporary Default may also be invoked in case of an urgent maintenance need that is not satisfied due to a malfunction of the Software resulting in complete or partial operational impossibility.