Examples of Other Default in a sentence
No Senior Debt Other Default or event which, with the giving of notice and/or lapse of time or otherwise, would become a Senior Debt Other Default which existed on the date of the commencement of such Blockage Period, may be used as the basis for declaring any subsequent Blockage Period unless such Senior Debt Other Default or event, as the case may be, shall in the interim have been cured or waived for a period of not less than ninety (90) consecutive days.
Such Other Default Interest must be invoiced separately as soon as pos- sible.
Pecuniary settlement shall bear Other Default Interest and shall consti- tute the sole compensation of the Shipper/Operator.
If a Party commits an Other Default, the non-defaulting Party may (as in the event of any Material Default, Service Area Default or Primary Directory Default) pursue a claim for damages or any other remedy, but shall have no right to terminate this Agreement unless such Party obtains a judicial determination that termination is an appropriate remedy for such Other Default.
Notwithstanding anything herein to the contrary, in no event will a Blockage Period extend beyond 180 days from the date of the Senior Debt Other Default and only one such Blockage Period may be commenced within any period of 360 consecutive days.