Default Conditions. As soon as possible, and in any event within five (5) days after the occurrence of any Lease Default, or any event or circumstance which, with the giving of notice or the passage of time, or both, could constitute a Lease Default, a written statement of the Lessee setting forth the details of such Lease Default, event or circumstance and the action which the Lessee proposes to take with respect thereto.
Default Conditions. Any of the following events shall be considered a Default Condition:
Default Conditions. As soon as possible, and in any event within five (5) Business Days after the occurrence of any Lease Default, or any event or circumstance which, with the giving of notice or the passage of time, or both, could constitute a Lease Default, a written statement of the Lessee setting forth the details of such Lease Default, event or circumstance and the action which the Lessee proposes to take with respect thereto.
Default Conditions. If the Supplier: (i) breaches any provision of the Agreement; (ii) becomes insolvent, enters voluntary or involuntary bankruptcy, or receivership proceedings, or makes an assignment for the benefit of creditors; or (iii) is in violation of any state or federal law (collectively, “event(s) of default”), SSAISD will have the right (without limiting any other rights or remedies that it may have in the Agreement or by law) to terminate the Agreement with five (5) days prior written notice to the Supplier. SSAISD will then be relieved of all obligations, except to pay the reasonable value of the Supplier’s prior performance, satisfactory to SSAISD (at a cost not exceeding the agreement rate and subject to any claims, costs and expenses incurred by SSAISD as a result of Supplier default). In the event of default, SSAISD is expressly authorized to obtain the goods or services that would have been provided by Supplier under this Agreement from an alternative source. The Supplier will be liable to SSAISD for all costs exceeding the Agreement price that SSAISD incurs in completing or procuring the services and goods as provided for in the Agreement. SSAISD’s right to require strict performance of any obligation in the Agreement will not be affected by any previous waiver, forbearance, or course of dealing.
Default Conditions. The following events shall constitute a Default by a party:
Default Conditions. Each of the following events constitutes a default and breach of this Lease by Tenant:
Default Conditions. In case of default by the contractor, the Charter Township of Chesterfield may procure the articles or services from other sources and hold the bidder responsible for any excess cost occasioned thereby. In case of error by the bidder relating to a Contract, the Township may, by discretion upon presentation of a written explanation by the bidder substantiating the error, reject the Contract and award to the next qualified bidder. Such error may be subject to default conditions.
Default Conditions. Any of the following events shall be considered a Default Condition: (a) The Borrower suffers a material adverse change in its financial condition; and (b) Should any event occur that except for the giving of notice and/or the passage of time would be an Event of Default. Upon the occurrence of a Default Condition or at any time thereafter until such Default Condition no longer exists, the Borrower agrees that the Lenders, in their sole discretion, and without notice to Borrower, may immediately cease making any Advances, all without liability whatsoever to Borrower or any other Person whomsoever, all of which is expressly waived hereby. Borrower releases the Lenders and the Agent from any and all liability whatsoever, whether direct, indirect, or consequential, and whether seen or unforeseen, resulting from or arising out of or in connection with Lenders' determination to cease making Advances pursuant to this Section. Article IX.
Default Conditions. As soon as possible, and in the event within five (5) days after Lessee or Guarantor obtain knowledge of any Event of Default under the Lease, or any event or state of facts which, with the giving of notice or lapse of time, or both, will constitute an Event of Default, a written statement of Lessee setting forth the details of such Event of Default, event or state of fact and the action which Lessee has taken or proposes to take with respect thereto.
Default Conditions. As soon as possible, and in any event within five (5) days after the occurrence of any Lease Default, or any event or circumstance which, with the
