Consequences of Termination Events (Default Event) Sample Clauses

Consequences of Termination Events (Default Event). 20.4.1 On the occurrence of a Default Event which is not capable of remedy or is not remedied or waived by the Non-Defaulting Member in accordance with Clauses 18.3 or 18.4 (“Default Termination Event”) the Non-Defaulting Member shall have the option to purchase the Member Interest held by the Defaulting Member in accordance with the provisions of this Clause 20.4.
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Related to Consequences of Termination Events (Default Event)

  • CONSEQUENCES OF TERMINATION AND EXPIRY 28.1 Notwithstanding the service of a notice to terminate this Framework Agreement, the Supplier shall continue to fulfil its obligations under this Framework Agreement until the date of expiry or termination of this Framework Agreement or such other date as required under this Clause 28 (Consequences of Termination and Expiry).

  • Consequences of Termination Upon the termination of this Agreement:

  • Default Events (a) Any material breach of the Funding Agreement by the Recipient, including those set out below, will be an event of default (“Default Event”):

  • Default Events and Termination 18.1 Each of the following circumstances shall constitute a General Default:

  • Termination Events This Agreement may, by notice given prior to or at the Closing, be terminated:

  • Consequences of an Event of Default (a) If an Event of Default specified in subsections (a) through (l), (o), (p) or (q) of Section 7.01 shall occur and, be continuing or shall exist, then, in addition to all other rights and remedies which the Administrative Agent or any Lender may have hereunder or under any other Loan Document, at law, in equity or otherwise, the Lenders shall be under no further obligation to make Loans hereunder, and the Administrative Agent may, and, upon the written request of the Required Lenders shall, by notice to the Borrower, from time to time do any or all of the following:

  • TERMINATION AND CONSEQUENCES OF TERMINATION 14.1 On termination of any Service Schedule for whatever reason the Client will cease to have the Services provided thereunder.

  • Termination on Material Default 30.2.1 The Authority may terminate this Framework Agreement for material Default by issuing a Termination Notice to the Supplier where:

  • Termination due to Event of Default (a) Termination due to Parties Event of Default

  • Termination of Default An Event of Default shall be deemed to have been terminated upon the earliest to occur of:

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