Default Agreement Sample Clauses
A Default Agreement clause defines the consequences and procedures that apply if one party fails to fulfill its obligations under the contract. Typically, this clause outlines what constitutes a default, such as missed payments or failure to deliver goods or services, and describes the steps the non-defaulting party can take, which may include providing notice, an opportunity to cure the default, or pursuing remedies like termination or damages. Its core practical function is to allocate risk and provide a clear framework for addressing breaches, thereby ensuring both parties understand their rights and responsibilities in the event of non-performance.
Default Agreement. If SoCalGas provides goods or services to Pacific other than the Services without a written agreement, the terms and conditions of this Agreement shall apply to such Services.
Default Agreement. The Company shall have executed and delivered the Default Agreement.
Default Agreement. In this part, we will see (a) nominalized non-infinitival complement clauses, (b) inflected infinitival structures, and (c) possessive structures where default agreement occurs with partitive Subjects but full agreement occurs with non- partitive Subjects. In Nominalized non-infinitival complement clauses –where the Subject bears Genitive Case (unless non-specific), and the verb bears nominal agreement preceded by Tense/Aspect morphology-, full agreement occurs with non-partitive Subjects (ex. 2a), and default agreement occurs with partitive Subjects in the same structures (ex. 2b):
a. Ahmet-Ø [biz-im geleceğ-imiz]-i söylemiş-Ø.
A. nom we-gen will.come-1p-acc said-3s ‘Ahmet (reportedly) said that we will come.’
b. Ahmet-Ø [hep/iki/kendi.miz-in geleceğ-i/*imiz]-(n)i A. -nom all/two/self.of.us-gen will.come-3s/1p-acc söylemiş-Ø. said-3s ‘Ahmet (reportedly) said that all/two of us/(we) ourselves will come.’ In inflected infinitival structures –where the Subject bears Genitive Case, and the verb bears the infinitival marker –mA followed by possessive agreement-, full agreement occurs with non-partitive Subjects, and default agreement occurs with partitive Subjects in these structures(3a vs. 3b):
(3) a. Ahmet-∅ [biz-im Ankara-ya gitme-miz]-i istiyor-∅.
A. nom we-gen A. -dat going-poss1p-acc wants-3s ‘Ahmet wants us to go to Ankara.’
Default Agreement. In the event payment is not made and this account is referred for collection, I/We will pay cost of collection equal to a minimum of twentyfive percent of the principle amount. I/We understand interest on any unpaid balance will be charged at the rate of 1.5% per month. If suit or action by an attorney is instituted, I / We promise to pay twenty-five percent attoney fees in said suit or action. It is understood that all billing of accounts receivables and credit are processed through the headquarters in Orange County, CA. It is understood that in the event of a suit or action, that Orange County, CA is venue for litigation. I/We understand that I/We are waiving our right to litigate outside Orange County, CA. We further covenant and agree, if in your absolute discretion, if suit or litigation is filed, that the Superior Court or the Judicial District of Orange County, CA retains both in rem and in personam jurisdiction over us and all our assets.
Default Agreement. In this section, we will look at the non-matrix structures where default agreement occurs with partitive Subjects more closely, and explain why default agreement occurs in terms of their non-finiteness, which motivates non- selection of doubling-pro in their lexical array.
3.3.1 Embedded subjects in non-infinitival complement clauses
(7) I think of ▇▇▇▇ that he is a brilliant poet.
(8) SUBJECTembedded-GEN1 [embedded clause pro1/PRO1 . . .] . . . However, time adverbs take surface scope in Turkish (Aygen, 2000). In the following sentence, the time adverb yarın ‘tomorrow’ modifies the embedded clause, and it also precedes the embedded Subject:
(9) [▇▇▇▇▇ ▇▇▇▇▇▇-in biz-e geleceğ-in]-i sanıyor-du-m. tomorrow M. -gen we-dat will.come-poss3s-acc thinking-pst-1s ‘I thought that Mehmet was going to come (to visit us) tomorrow.’ If the embedded Subject Mehmet-in were in the matrix clause, then the adverb yarın would be in and modify the matrix clause. Then, this adverb would not be able to modify the embedded clause. Therefore, embedded Subjects are in the embedded clause, to which they are thematically belong.
Default Agreement. The occurrence of any of the following shall constitute default: failure to make payments as specified; failure to perform in accordance with this agreement; failure to stay within your approved CLOC limit; discovery that any warranty or statement of Applicant made in connection with this transaction is incorrect in any material respect; death, insolvency, business failure, or entry of a discharge in bankruptcy or receivership by or against the Applicant, Co-applicant, or any property of either. Any default by Applicant under any of the terms or provisions of any other agreement between Applicant and Navy Federal, whether existing now or in the future, shall constitute a default under all agreements. Under default, the balance due under this agreement, plus any interest, charges, and fees, shall become immediately payable without further notice to the Applicant at the option of Navy Federal. If the amount due is not paid immediately, Navy Federal shall have the right to take such action as is available to it under the law. Such action may include taking possession of all stated collateral and sell, or otherwise dispose of the same, or any part thereof, at public or private sale upon such terms as Navy Federal may elect, and apply the proceeds received from such a sale to the amounts owed. Applicant will be liable to Navy Federal for any deficiency to the extent permitted by law. In the event of default, all reasonable costs of collection, including, but not limited to, court costs, expenses, and reasonable attorney’s fees, will be paid by the Applicant. Navy Federal may also revoke any and all membership privileges previously extended to the Applicant (except the right to vote and to maintain a savings account) without prior notice to the Applicant. The waiver by Navy Federal of any default by the Applicant shall not be a waiver of any subsequent default. If Applicant is in default, Navy Federal may obtain any information it deems necessary to cure or collect said default, including Applicant’s current contact information, as permitted by law. Contact to an Applicant’s employer will be limited to obtaining current contact information. You agree that if you do not make payments on your account in accordance with this agreement, you will accept calls from Navy Federal regarding your account at any telephone number provided by you (including cellular telephone numbers). In addition, we may use pre-recorded voice messages or automatic dialing devices to contac...
Default Agreement. That certain Cross-Default and Cross-Collateralization Agreement dated as of December 19, 1999 (as same may have been, and may be after the date hereof, modified, amended of supplemented from time to time) made by the Stratus Borrowers, the 7000 West Borrower, and the 7500 Rialto Borrower for the benefit of Lender.
Default Agreement. This Letter Agreement constitutes a legally binding and enforceable agreement between the parties hereto with respect to the provisions hereof. In the event that the parties hereto fail to execute the Definitive Documents, and for so long as such Definitive Documents have not been executed, the terms of this Letter Agreement shall be deemed to be the definitive agreements among the parties hereto with respect to the Relationship.