Reinstatement of Member Following Default and Remedy Sample Clauses

Reinstatement of Member Following Default and Remedy a. A Member that has been declared in default, solely of PJM’s creditworthiness standards, or fails to otherwise comply with PJM’s credit policies once within any 12 month period may be reinstated in full after remedying such default.
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Related to Reinstatement of Member Following Default and Remedy

  • Performance Default and Remedies Subsection B. DEFAULT AND REMEDIES, second paragraph of the Contract is modified as follows (underlined language is added and stricken language is deleted): “Written notice of default and a reasonable 30-day opportunity to cure must be issued by the party claiming default.”

  • Events of Default and Remedies Section 8.01

  • Default and Remedies Either of the following constitutes cause to declare this Contract, or any Participating Entity order under this Contract, in default:

  • EVENT OF DEFAULT/REMEDIES 8.1 Any one or more of the following acts or omissions of the Contractor shall constitute an event of default hereunder (“Event of Default”):

  • Termination for Default; Remedies 8.2.1 Each of the following shall constitute an immediate event of default (“Event of Default”) under this Agreement:

  • Events of Default and Termination 13.1 If:

  • Events of Default Remedies If any of the following events (“Events of Default”) shall occur:

  • Termination and Default Either party, upon determination that the other party has failed or refused to perform or is otherwise in breach of any obligation or provision under this Agreement or the Contract Document, may give written notice of default to the defaulting party in the manner specified for the giving of notices herein. Termination of this Agreement by either party for any reason shall have no effect upon the rights or duties accruing to the parties prior to termination.

  • Defaults and Remedies Section 6.01.

  • Defaults Remedies (a) It shall be an Event of Default:

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