Municipality Default definition

Municipality Default means any of the following events:
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Municipality Default has the meaning given in Section 11.7.1. “Municipality Exit Benefits” has the meaning given in Section 19.1.1.
Sample 1
Municipality Default has the meaning given in Section 7.8.2. “Municipality Exit Event” has the meaning given in Section 3.1.2. “NFWA” has the meaning given in the recitals.
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Examples of Municipality Default in a sentence

  • If the relevant Municipality Default has not been remedied or rectified within twenty (20) Business Days of such notice, the Private Party may serve a further notice on the Municipality terminating this PPP Agreement with immediate effect.

  • The indices of the visible input cameras form the set of candidate labels, and we find the best labeling once again using graph cuts.As before, we define cost functions to express the desired properties of a labeling l: dataE′(l) = E′(l) + λ · E′(l).

Related to Municipality Default

  • Authority Default shall have the meaning set forth in Clause 23.2;

  • Monetary Default shall have the meaning assigned to such term in Section 11(a).

  • SDA municipality means a municipality in which an SDA

  • Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).

  • Agency or instrumentality of the government of Venezuela means an agency or instrumentality of a foreign state as defined in section

  • 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 Default means a material breach of this Framework Agreement and/or, breach by the Supplier of any of the following Clauses: Clause 8 (Warranties and Representations), Clause 9 (Prevention of Bribery and Corruption), Clause 13 (Statutory Requirements and Standards), Clause 14 (Non-Discrimination), Clause 15 (Provision of Management Information), Clause 16 (Management Charge), Clause 17 (Records and Audit Access), Clause 22 (Data Protection), Clause 23 (Freedom of Information) and Clause 31 (Transfer & Sub-contracting);

  • Default means any event or condition that constitutes an Event of Default or that, with the giving of any notice, the passage of time, or both, would be an Event of Default.

  • Bankruptcy or Default means the total cessation of operations due to insolvency, with or without the filing of a bankruptcy petition by an airline, or cruise line, tour operator or other travel provider provided the Bankruptcy or Default occurs more than 14 days following Your Effective Date for the Trip Cancellation Benefits. There is no coverage for the Bankruptcy or Default of any person, organization, agency or firm from whom You purchased Travel Arrangements supplied by others.

  • Seller Default has the meaning set forth in Section 12.1.

  • The Municipality means Mossel Bay Municipality.

  • Incipient Default means any occurrence that is, or with notice or lapse of time or both would become, an Event of Default.

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

  • Servicer Default means an event specified in Section 8.01.