Common use of Default by the Initial Purchaser Clause in Contracts

Default by the Initial Purchaser. If the Initial Purchaser shall breach its obligations to purchase the Notes that it has agreed to purchase hereunder on the Closing Date and arrangements satisfactory to the Company for the purchase of such Notes are not made within 36 hours after such default, this Agreement shall terminate with respect to such Initial Purchaser without liability on the part of the Company. Nothing herein shall relieve the Initial Purchaser from liability for its default.

Default by the Initial Purchaser. If the Initial Purchaser shall breach its obligations to purchase the Notes that it has agreed to purchase hereunder on the Closing Date and arrangements satisfactory to the Company Issuer for the purchase of such Notes are not made within 36 hours after such default, this Agreement shall terminate with respect to such the Initial Purchaser without liability on the part of the CompanyIssuer. Nothing herein shall relieve the Initial Purchaser from liability for its default.

Default by the Initial Purchaser. If the Initial Purchaser shall breach its obligations to purchase the Notes that it has agreed to purchase hereunder on the Closing Date and arrangements satisfactory to the Company for the purchase of such Notes are not made within 36 hours after such default, this Agreement shall terminate with respect to such the Initial Purchaser without liability on the part of the Company. Nothing herein shall relieve the Initial Purchaser from liability for its default.

Default by the Initial Purchaser. If the Initial Purchaser shall breach its obligations to purchase the Notes that it has agreed to purchase hereunder on the Closing Date and arrangements satisfactory to the Company for the purchase of such Notes are not made within 36 hours after such default, this Agreement shall terminate with respect to such the Initial Purchaser Purchase without liability on the part of the Company. Nothing herein shall relieve the Initial Purchaser from liability for its default.

Default by the Initial Purchaser. If the Initial Purchaser shall breach its obligations to purchase the Notes that it has agreed to purchase hereunder on the Closing Date and arrangements satisfactory to the Company Issuers for the purchase of such Notes are not made within 36 hours after such default, this Agreement shall terminate with respect to such the Initial Purchaser without liability on the part of the CompanyIssuers. Nothing herein shall relieve the Initial Purchaser from liability for its default.

Default by the Initial Purchaser. If the either Initial Purchaser shall breach its obligations to purchase the Notes that it has agreed to purchase hereunder on the Closing Date and arrangements satisfactory to the Company for the purchase of such Notes are not made within 36 hours after such default, this Agreement shall terminate with respect to such Initial Purchaser without liability on the part of the CompanyCompany or the Guarantors or any other Initial Purchaser. Nothing herein shall relieve the defaulting Initial Purchaser from liability for its default.

Default by the Initial Purchaser. If the Initial Purchaser shall breach its obligations to purchase the Notes that it has agreed to purchase hereunder on the Closing Date and arrangements satisfactory to the Company for the purchase of such Notes are not made within 36 hours after such default, this Agreement shall terminate with respect to such the Initial Purchaser without liability on the part of the CompanyCompany or the Guarantors. Nothing herein shall relieve the Initial Purchaser from liability for its default.

Default by the Initial Purchaser. If the Initial Purchaser shall breach its obligations to purchase the Notes that it has agreed to purchase hereunder on the Closing Date and arrangements satisfactory to the Company for the purchase of such Notes are not made within 36 hours after such default, this Agreement shall terminate with respect to such the Initial Purchaser without liability on the part of the Company, except that the provisions of Sections 8 and 14(c) hereof shall survive such termination. Nothing herein shall relieve the Initial Purchaser from liability for its default.

Default by the Initial Purchaser. If the Initial Purchaser shall breach its obligations to purchase the Notes that it has agreed to purchase hereunder on the Closing Date and arrangements satisfactory to the Company for the purchase of such Notes are not made within 36 hours after such default, this Agreement shall terminate with respect to such the Initial Purchaser without liability on the part of the CompanyCo-Issuers. Nothing herein shall relieve the Initial Purchaser from liability for its default.