Additional Breaches Sample Clauses

Additional Breaches. 1. A breach by the Loan Parties, prior to the Amendment No. 1 Effective Date, of Section 4.28 of the Credit Agreement solely with respect to the summary of net Inventory by location and type and Inventory by product for the month of January 2015 as delivered by the Loan Parties to the Lenders on February 24, 2015 and March 23, 2015.
Sample 1
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Additional Breaches. In addition to the events set forth in Paragraph 13.1, the occurrence of any of the following events shall constitute a Breach under this Lease, and Lessor shall have all rights and remedies available under the Lease in the event of a Breach as result thereof: (a) The termination of the Prior Sublease for any reason prior to May 31, 2004, except under circumstances which, pursuant to Paragraph 3.1 of this Addendum result in Early Commencement of this Lease. (b) The failure of Lessee to cause the amount of the Letter of Credit to be increased as and when required in accordance with the requirements of subparagraph 1.7(b) of this Addendum, or Paragraph 3.1 of this Addendum, if applicable, where such failure continues for a period of three (3) business days following written notice to Lessee. (c) Upon the election of Lessor, in the event that no later than thirty (30) days prior to then applicable expiration date of the Letter of Credit, neither (1) the Bank shall have notified Lessor that the Letter of Credit will be renewed for at least one (1) year beyond the then applicable expiration date, nor (2) Lessee shall have delivered to Lessor a replacement Letter of Credit in the amount required hereunder and otherwise meeting the requirements set forth in Paragraph 1.7 of this Addendum.
Sample 1
Additional Breaches. In addition to the events set forth in Paragraph 13.1, the occurrence of any of the following events shall constitute a Breach under this Lease, and Lessor shall have all rights and remedies available under the Lease in the event of a Breach as result thereof:
Sample 1

Related to Additional Breaches

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

  • TERMINATION BY MPS - BREACH BY CONTRACTOR If Contractor fails to fulfill its obligations under this Contract in a timely or proper manner, or violates any of its provisions, MPS shall thereupon have the right to terminate it by giving five (5) days written notice before the effective date of termination of the Contract, specifying the alleged violations, and effective date of termination. The Contract shall not be terminated if, upon receipt of the notice, Contractor promptly cures the alleged violation with five (5) days. In the event of termination, MPS will only be liable for services rendered through the date of termination and not for the uncompleted portion, or for any materials or services purchased or paid for by Contractor for use in completing the Contract.

  • Breach A breach of the contract clauses above may be grounds for termination of the contract, and for debarment as a contractor and subcontractor as provided in 29 C.F.R. § 5.12.

  • Meal Break a) Employees who work for more than five continuous hours are entitled to an unpaid meal break of 30 minutes each day.

  • BREACH; TERMINATION In the event of breach of any terms or conditions of this Agreement, if the breach has not been remedied within 30 days following receipt of written notice thereof from the other Party (provided that, if the breaching Party has commenced and is diligently pursuing efforts to cure such breach, then such 30-day period shall be extended until the earlier of (i) 30 additional days or (ii) end of diligent efforts to cure the breach). In the event of any proceedings by or against either Party in bankruptcy, insolvency or for appointment of any receiver or trustee or any general assignment for the benefit of creditors, the other Party may terminate this Agreement. If the Customer increases the capability or the capacity of the Facility to exceed 4.999 MW, this Agreement shall immediately terminate. The Company shall not be liable to the Customer for damages resulting from a termination pursuant to this paragraph. If the Customer's generating equipment produces zero (0) kilowatt-hours during any period of twelve (12) consecutive Billing Periods after the Commercial Operation Date, the Company may terminate this Agreement.

  • Termination for Material Breach A party may terminate this Agreement immediately upon notice to the other parties if any of the other parties materially breaches this Agreement, and if capable of cure, does not cure the breach within 10 days after receiving notice specifying the breach. If the material breach affects only certain Services, the non-breaching party that served the notice may choose to terminate only the affected Services.

  • Breaches In the event of any alleged breach of this Appendix the matter shall be referred to the Disputes Board in accordance with Clause 12.2.7 of this Agreement.

  • Material Breach of Contract In the event Contractor fails to deliver the product and services as contracted for herein, to the satisfaction of the City of Sparks or otherwise fails to perform any provisions of this Contract, the City, after providing five (5) days written notice and Contractor’s failure to cure such breach within the time specified in the notice, may without waiving any other remedy, make good the deficiencies and deduct the actual cost of providing alternative products and/or services from payment due the Contractor. Non-performance after the first notice of non-performance shall be considered a material breach of contract.

  • Meal Breaks (a) An employee who works in excess of five hours will be entitled to an unpaid meal break of not less than 30 minutes and not more than 60 minutes.

  • Material Breach or Early Termination Section 9.1. EVENTS CONSTITUTING MATERIAL BREACH OF AGREEMENT. Applicant shall be in Material Breach of this Agreement if it commits one or more of the following acts or omissions:

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