Common use of Default by Customer Clause in Contracts

Default by Customer. If the Customer fails to pay the rent specified in the Rental Contract when due, or becomes bankrupt or insolvent, or if a receiver is appointed to manage Customer’s affairs or if Customer breaches any provision of this Agreement, or if the Equipment is levied upon or becomes liable to seizure, WFWI may, at is option, terminate the Rental Contract without notice to the Customer. Upon termination WFWI may take possession of the Equipment without becoming liable for trespass and may recover all rent due for the term of the Rental Contract and all expenses incurred in retaking possession of the Equipment. WFWI may also claim any other amounts and damages owing pursuant to this Agreement including, without limitation, pursuant to paragraphs 9 and 16. In the event WFWI takes any legal steps to enforce terms of the Agreement, the Customer agrees to pay all reasonable legal fees and costs incurred by WFWI in connection with such action.

Default by Customer. If the Customer fails to pay the rent specified in the Rental Contract when due, or becomes bankrupt or insolvent, or if a receiver is appointed to manage Customer’s affairs or if Customer breaches any provision of this Agreement, or if the Equipment is levied upon or becomes liable to seizure, WFWI WLES may, at is option, terminate the Rental Contract without notice to the Customer. Upon termination WFWI WLES may take possession of the Equipment without becoming liable for trespass and may recover all rent due for the term of the Rental Contract and all expenses incurred in retaking possession of the Equipment. WFWI WLES may also claim any other amounts and damages owing pursuant to this Agreement including, without limitation, pursuant to paragraphs 9 8 and 1615. In the event WFWI WLES takes any legal steps to enforce terms of the Agreement, the Customer agrees to pay all reasonable legal fees and costs incurred by WFWI WLES in connection with such action.