Willful Default Sample Clauses

Willful Default. Claims for damages caused by the Willful Default of Prime Consultant, General Contractor, Vendor, subcontractors, or subconsultants;
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Willful Default. In the case of an Event of Default occurring by reason of any willful action (or inaction) taken (or not taken) by or on behalf of the Company with the intention of avoiding payment of the premium that the Company would have had to pay if the Company then had elected to redeem the Notes under the provisions of Article 3 and under the Notes, an equivalent premium shall also become and be immediately due and payable, to the extent permitted by law, upon the acceleration of the Notes. If an Event of Default occurs prior to November 1, 2003 by reason of any willful action (or inaction) taken (or not taken) by or on behalf of the Company with the intention of avoiding the prohibition on redemption of the Notes prior to November 1, 2003, then, upon acceleration of the Notes, an additional premium shall also become and be immediately due and payable, to the extent permitted by law, in an amount equal to 10.0%.
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Willful Default. If the Borrower is a willful defaulter to IREDA and/ or other Institutions/Banks from whom it has taken loans.
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Willful Default. The Escrow Agent shall not be responsible for any act or failure to act on its part, including misdelivery to Buyer of Seller of monies subject to this escrow, except in the case of its own willful default or gross negligence. The Escrow Agent shall be automatically released from all responsibility and liability under this Agreement upon the Escrow Agent’s delivery or deposit of the Escrow Money and accrued interest thereon in accordance with the requirements of this Agreement.
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Willful Default. In the case of an Event of Default occurring by reason of any willful action (or inaction) taken (or not taken) by or on behalf of Parent with the intention of avoiding payment of the premium that Parent would have had to pay if Parent then had elected to redeem the Exchange Debentures under the provisions of Article 3 and under the Exchange Debentures, an equivalent premium shall also become and be immediately due and payable, to the extent permitted by law, upon the acceleration of the Exchange Debentures.
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Willful Default. 59 Section 9. Agents.........................................................................................60
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Willful Default. In the case of an Event of Default occurring after the Conversion Date by reason of any willful action (or inaction) taken (or not taken) by or on behalf of the Company with the intention of avoiding payment of the premium that the Company would have had to pay if the Company then had elected to prepay the Term Loan under the provisions of Section 2.05(a)(ii)(1), an equivalent premium shall also become and be immediately due and payable, to the extent permitted by law, upon the acceleration of the Term Loan. If an Event of Default occurs prior to September 23, 2003 by reason of any willful action (or inaction) taken (or not taken) by or on behalf of the Company with the intention of avoiding the prohibition on prepayment of the Term Loan prior to September 23, 2003, then, upon acceleration of the Term Loan, an additional premium shall also become and be immediately due and payable, to the extent permitted by law, in an amount equal to 10.0%.
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Willful Default. 63 ARTICLE IX COVENANTS ............................................. 63 9.1 Cooperation .................................................. 63
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Willful Default. The exclusions and limitations of rights and remedies pursuant to this Article VIII shall not apply in cases of willful deceit (arglistige Tauschung) or in cases of willful misconduct (Vorsatz). If any claim is made against a Shareholder, such Shareholder shall not bring a corresponding reimbursement claim against any Company or any director or employee of any Company on the basis that he had relied on any confirmation or information provided by them before agreeing to any terms of this Agreement; provided that the foregoing shall not apply in cases of, willful deceit or willful misconduct by the relevant Company or director or employee of the relevant Company.
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Related to Willful Default

  • Fraud Any suspicion of fraud, waste, or abuse involving the contracting or certification of MWBEs shall be immediately reported to ESD’s Division of Minority and Women’s Business Development at (000) 000-0000. ALL FORMS ARE AVAILABLE AT: xxxx://xxx.xxx.xx.xxx/MWBE/Forms.asp

  • Misconduct Unless a Change of Control shall have occurred after the date hereof:

  • No Liability for Ordinary Negligence Neither Silicon, nor any of its directors, officers, employees, agents, attorneys or any other Person affiliated with or representing Silicon shall be liable for any claims, demands, losses or damages, of any kind whatsoever, made, claimed, incurred or suffered by Borrower or any other party through the ordinary negligence of Silicon, or any of its directors, officers, employees, agents, attorneys or any other Person affiliated with or representing Silicon, but nothing herein shall relieve Silicon from liability for its own gross negligence or willful misconduct.

  • Material Breach A material breach for purposes of this Agreement shall include, but not be limited to:

  • No Fraud or Misrepresentation To the best of the Seller’s knowledge, each Receivable that was originated by a Dealer was sold by the Dealer to the Seller and by the Seller to the Purchaser without any fraud or misrepresentation on the part of such Dealer or the Seller, respectively.

  • Termination upon Material Breach Notwithstanding the foregoing, a Party may terminate this Agreement if any other Party materially breaches a material provision of this Agreement and such material breach is not cured (i) within thirty (30) days after being given notice of the breach in the case of a material breach of an obligation to make payment hereunder or (ii) within sixty (60) days after being given notice of the breach in the case of any other material breach.

  • Liability for Default 4.1 If Borrower conducts any material breach of any term of this Agreement, Lender shall have right to terminate this Agreement and require the Borrower to compensate all damages; this Section 4.1 shall not prejudice any other rights of Lender herein.

  • Misrepresentation Any representation or statement made or deemed to be made by an Obligor in the Finance Documents or any other document delivered by or on behalf of any Obligor under or in connection with any Finance Document is or proves to have been incorrect or misleading in any material respect when made or deemed to be made.

  • Dishonesty 6. Drinking alcoholic beverages on the job, or reporting to work while under the influence of intoxicating substances.

  • Misrepresentations Borrower or any Person acting for Borrower makes any representation, warranty, or other statement now or later in this Agreement, any Loan Document or in any writing delivered to Bank or to induce Bank to enter this Agreement or any Loan Document, and such representation, warranty, or other statement is incorrect in any material respect when made;

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