Purchaser Default definition

Purchaser Default has the meaning set forth in Section 11.2(a).
Purchaser Default means the failure by the Purchaser to deliver and pay the Purchase Price to be paid pursuant to this Agreement.
Purchaser Default has the meaning set forth in Section 13.3.

Examples of Purchaser Default in a sentence

  • In addition to the remedies set forth in Section 17.3(a) (and without limiting any other provisions of this Agreement), during the existence of any Purchaser Default, Issuer may suspend its performance hereunder and discontinue the supply of all or any portion of the Product otherwise to be delivered to Purchaser by it under this Agreement.

  • In addition, during the existence of an Issuer Default or a Purchaser Default, as applicable, the non-defaulting Party may exercise all other rights and remedies available to it at Law or in equity, including without limitation mandamus, injunction and action for specific performance, to enforce any covenant, agreement or term of this Agreement.


More Definitions of Purchaser Default

Purchaser Default has the meaning set forth in Section 25.2(a).
Purchaser Default has the meaning set forth in Section 11.2(a). “Purchaser Indemnified Parties” has the meaning set forth in Section 16.1. “Renewal Term” has the meaning set forth in Section 2.1. “Representative” has the meaning set forth in Section 15.1.
Purchaser Default shall have the meaning specified in Section 11.2.
Purchaser Default means a breach of a representation or warranty made by Purchaser or a breach by Purchaser of a covenant, agreement or other obligation set out in this Agreement resulting in a non-fulfillment of the conditions set out in subclauses 12.2(b) and 12.2(c);
Purchaser Default has the meaning specified in Section 17.2.
Purchaser Default has the meaning set forth in Section 12.2 of this Agreement.
Purchaser Default means a material breach or default by Purchaser in any of its representations, warranties, covenants or obligations under this Agreement to the extent such breach or default is not caused by a Seller Default and (except for a breach or default under Sections 3.2(a), 3.3, or 16.4, or a failure to make any material delivery set forth in Section 10.3(b) required to be made by Purchaser at Closing, which (in each case) shall have no cure period) which breach or default is not cured within ten (10) Business Days after Purchaser’s receipt of written notice of such breach or default from Seller.