Consequences of Termination for Default Sample Clauses

Consequences of Termination for Default. Supplier shall fulfil any part of an Order that is not cancelled. If Buyer terminates for default, in addition to any other remedy specified in the Contract (and without double counting), Buyer will receive a refund of all fees, expenses and costs paid by Buyer that are attributable to the breach or default.
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Consequences of Termination for Default. If this Agreement is terminated by reason of an Event of Default as provided in Section 10.1, upon Glencore’s demand and by the date specified in such demand, and upon payment of any Conversion Charges and all other amounts then due and payable, Nordural shall deliver all Bailed Property to Glencore at the Plant free and clear of all Liens created by Nordural and in the condition required by this Agreement. The risk and all costs of assembling the Bailed Property, ready for shipment, shall be borne by Nordural unless this Agreement is terminated by Nordural, in which event all such risk and costs shall be borne by Glencore. Nordural consents and agrees that if it fails to perform its obligations to deliver the Bailed Property to Glencore as required above, Glencore may enter the Plant and surrounding property and remove all Bailed Property at Nordural’s cost.
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Consequences of Termination for Default. If this Contract is terminated under this clause 62:
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Consequences of Termination for Default. (a) If this Agreement is terminated, Council must repay the amount of the LCLI Reimbursement that has been paid to it prior to termination.
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Consequences of Termination for Default. Seller shall fulfil any part of an Order that is not cancelled. If EVBox terminates for default, in addition to any other remedy specified in the Order (and without double counting), EVBox will receive a refund of all fees, expenses and costs paid by EVBox that are attributable to the breach or default.
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Consequences of Termination for Default. (a) If this Agreement is terminated, Council must repay the amount of any funds received by it under the Stimulus Package that has been paid to it prior to termination.
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Consequences of Termination for Default. If this Agreement is terminated by reason of a default as provided in Section 10.1, upon Clarendon's demand and by the date specified in such demand, and upon payment of any Tolling Charges then due and payable (unless the amount of such Tolling Charges is offset against claims of Clarendon resulting from the termination of this Agreement by Clarendon), NAC shall deliver all Bailed Property to Clarendon at the Smelter free and clear of all Liens (other than Liens created by Clarendon) and in thx xxxxxxxon required by this Agreement. The risk and all costs of assembling and delivering the Bailed Property, ready for shipment, shall be borne by NAC unless this Agreement is terminated by NAC for reasons other than those stated in Section 10.1.6, in which event all such risk and costs shall be borne by Clarendon.
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Consequences of Termination for Default. In the event of termination of this Agreement, or one or more Projects pursuant to Section 5 (b) above, the Non-Defaulting party may pursue any remedy that may be available, at law or in equity, with respect to such breach, subject, however, in all events to the limitations contained in Section 10. Regardless of whether TransWorks or Client is the Defaulting Party, upon a termination of the Agreement or a Project, Client shall pay TransWorks for the Services through the date of termination.
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Consequences of Termination for Default. In the event of ASP’s termination for default, ASP may, at its option, take over possession and title of the uncompleted work or parts of it and complete it or have it completed and utilise in completing the work such materials, appliances, IPR or any other items as may be necessary therefore for a price corresponding to the part of the work taken over by ASP. The Supplier shall be liable and reimburse ASP for all increased costs properly incurred by ASP in completing such work. If ASP does not exercise the remedy specified here above, then the Supplier shall reimburse ASP for all amounts previously paid by ASP in respect thereof, with the exception for the part of the uncompleted work, which ASP has selected to take over or maintain possession and title. The Supplier shall pay interest on the amounts reimbursed calculated from the actual date of receipt of payment to such date of reimbursement using the EURIBOR Euro 3 (three) months rate + 1% (one per cent).
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Related to Consequences of Termination for Default

  • Consequences of Termination Upon the termination of this Agreement:

  • Termination for Default The County may, by written notice to the Contractor terminate this contract for default in whole or in part (delivery orders, if applicable) if the Contractor fails to:

  • Consequences of Termination of Employment The consequences of the Holder’s termination of employment during the Performance Cycle and before a Change in Control shall be as follows:

  • Consequence of Termination Upon the termination of this Agreement:

  • Termination by Default If the Bank is in default (as defined in Section 3(x)(1) of the Federal Deposit Insurance Act (12 U.S.C. Section 1813(x)(1)), all obligations under this Agreement shall terminate as of the date of default, but any vested rights of the Executive shall not be affected.

  • Default Termination a. In the event that the Property has been sold contrary to or any person bids in contravention of the provisions in Clause 4 above, then such sale shall be cancelled and become null and void and of no further effect wherein all monies paid by the Purchaser hitherto including the Deposit shall be forfeited absolutely and immediately.

  • Consequences of a Servicer Termination Event If a Servicer Termination Event shall occur and be continuing, the Trust Collateral Agent may, or at the direction of the Majority Noteholders shall, by notice given in writing to the Servicer (and to the Trust Collateral Agent if given by the Noteholders) terminate all of the rights and obligations of the Servicer under this Agreement. On or after the receipt by the Servicer of such written notice or upon termination of the term of the Servicer, all authority, power, obligations and responsibilities of the Servicer under this Agreement, whether with respect to the Notes, the Certificate or the Other Conveyed Property or otherwise, shall pass to, be vested in and become obligations and responsibilities of the successor Servicer appointed by the Majority Noteholders; provided, however, that the successor Servicer shall have no liability with respect to any obligation which was required to be performed by the terminated Servicer prior to the date that the successor Servicer becomes the Servicer or any claim of a third party based on any alleged action or inaction of the terminated Servicer. The successor Servicer is authorized and empowered by this Agreement to execute and deliver, on behalf of the terminated Servicer, as attorney-in-fact or otherwise, any and all documents and other instruments and to do or accomplish all other acts or things necessary or appropriate to effect the purposes of such notice of termination, whether to complete the transfer and endorsement of the Receivables and the Other Conveyed Property and related documents to show the Trust as lienholder or secured party on the related Lien Certificates, or otherwise. The terminated Servicer agrees to cooperate with the successor Servicer in effecting the termination of the responsibilities and rights of the terminated Servicer under this Agreement, including, without limitation, the transfer to the successor Servicer for administration by it of all cash amounts that shall at the time be held by the terminated Servicer for deposit, or have been deposited by the terminated Servicer, in the Collection Account or thereafter received with respect to the Receivables and the delivery to the successor Servicer of all Receivable Files, Monthly Records and Collection Records and a computer tape in readable form as of the most recent Business Day containing all information necessary to enable the successor Servicer to service the Receivables and the Other Conveyed Property. The terminated Servicer shall grant the Trust Collateral Agent, the successor Servicer and the Majority Noteholders reasonable access to the terminated Servicer’s premises at the terminated Servicer’s expense.

  • Events of Termination Subject to Section 6.4 below, this Agreement will terminate as to a Fund:

  • 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:

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