Termination and Waiver Sample Clauses
Termination and Waiver. SECTION 8.01. Termination....................................................76 SECTION 8.02.
Termination and Waiver. Termination....................................................................................66 12.02.
Termination and Waiver. 15.1 The provisions of this Section 15 shall apply if any Party hereto shall commit a material default in the performance of its obligations under the Agreement, including any of the defaults specified in this Section 15 as reasons for termination of the Agreement. For purposes of this Section 15, all notices hereunder to be given by or to Member, shall be given by or to Servicer on behalf of Member. Servicer may remedy any material default by Member.
15.2 In the event: (a) Member and/or Servicer commits a material default under the Agreement; (b) Member and/or Servicer makes an assignment of this Agreement in violation of Section 13 herein; or (c) Member and/or Servicer experiences Member and/or Servicer Insolvency Event, Carrier may terminate the Agreement on twenty-four (24) hours’ written notice to Servicer if Member or Servicer shall fail or refuse to remedy such event within thirty (30) calendar days after receipt of written notice specifying the nature of event, or to commence to remedy such event within such period if the same is curable but cannot reasonably be remedied within such period, or shall fail to complete within forty-five (45) days after receipt of such written notice any remedy commenced during the original thirty (30) day notice period.
15.3 Servicer, for itself and on behalf of Member, may terminate the Agreement without notice to Carrier upon (a) the occurrence of any Insolvency Event, (b) Carrier’s commitment of or participation in any systematic, systemic or recurring fraudulent activity, or *****.
15.4 Servicer, for itself and on behalf of Member, may terminate the Agreement on ten (10) calendar days’ written notice to Carrier based upon (a) the imposition, or an attempted imposition, of a lien in favor of any person other than Member or Servicer, whether voluntary or involuntary, on the Deposit or any portion thereof or any property of Carrier subject to the lien or security interest of Member or Servicer or any other Secured Party pursuant to this Agreement, or the imposition of any freeze on any property of Carrier subject to the lien or security interest of Member, Servicer or any other Secured Party; (b) the imposition of any material restriction on ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. or material impairment of any of Member’s or Servicer’s rights under the Agreement, including any restriction of the rights with respect to the Deposit ...
Termination and Waiver. Upon default by either party of any of the terms of this agreement, the non-defaulting party may terminate the agreement after written notice to the defaulting party. Failure by the non-defaulting party to exercise the right to terminate or take any action upon default shall not constitute a waiver of any rights of the non- defaulting party hereunder and shall not excuse any such default. However, upon default and termination, the non-defaulting party is excused from further performance hereunder.
Termination and Waiver. 21 SECTION 8.1 Termination................................................................. 21 SECTION 8.2 Effect of Termination....................................................... 22 SECTION 8.3 Waiver...................................................................... 22
Termination and Waiver. 51 11.1 Termination......................................................................................51 11.2
Termination and Waiver. SECTION 9.01.
Termination and Waiver. 8 Section 7.1. Termination............................................ 8 Section 7.2. Effect of Termination.................................. 8 Section 7.3. Waiver................................................. 8
Termination and Waiver. 16 7.1 General........................................................16 7.2
Termination and Waiver. SECTION 10.01. Termination SECTION 10.02. Effect of Termination SECTION 10.03. Waiver