Default Termination of Agreement. Should the Company fail to comply with any of its obligations under this Agreement and such failure shall continue for a period of thirty (30) days after notice of such default is sent by the Agency to the Company, the Agency shall have the right to revoke the designation of the Company as an agent for the Agency and may elect to terminate its involvement with the Project, in which event the Company shall be required to pay all sales taxes which would have been levied in connection with acquisition, construction and installation of all improvements of the real property and machinery and equipment which constitute the Project. In addition, as set forth in the Resolution, in the event the Project Documents have not been executed by Company by the expiration date (as such date may be extended) or termination of the Resolution, the Company shall be required to pay all sales taxes which would have been levied in connection with the acquisition, construction and installation of all improvements of the real property and machinery and equipment which constitute the Project. The designation of the Company as agent for the Agency shall terminate as set forth in Section 4 of this Agreement, provided, however, that the obligation of the Company to (a) provide reports for the time period for which any Financial Assistance was received in accordance with the Resolution and (b) cooperate in the exercise by the Agency of its rights and remedies under this Agreement shall survive any termination of this Agreement.
Default Termination of Agreement. If the Organization breaches any of its representations under this Project Agreement or fails to perform any of its obligations at any time prior to the end of the Term or is in default under any other condition of this Project Agreement for a period of thirty (30) days after date of County Planning’s written notice to the Organization, County Planning may, at its sole option, terminate this Project Agreement and will be under no further obligation to disburse any funds remaining under the Award. The Organization shall be required to return any funds that may have been advanced during the thirty (30) day period that the notice was issued. If the Project Agreement is terminated as a result of a default by the Organization, the Organization shall not be eligible to apply for a grant or loan under any subsequent round of the Program.
Default Termination of Agreement. City and Attorney shall have the right to terminate this Agreement without cause by giving fifteen (15) days written notice. However, Attorney shall not substitute out as Attorney of Record on any matters it may be representing the City without first obtaining written consent from the City, or first obtaining an appropriate Court Order, allowing Attorney to withdraw as counsel of record.
Default Termination of Agreement. 13.1 A “
Default Termination of Agreement. In the event that the SELLER materially violates the terms of, or fails to perform its obligations under, this AGREEMENT, and fails to remedy such violation of failure within a reasonable time following notice from AUCTIONEER, the AUCTIONEER may terminate the AUCTIONEER’s obligations under this AGREEMENT, upon the delivery of written notice thereof to the SELLER, and the SELLER shall promptly pay to the AUCTIONEER an amount equal to the sum of: (a) all of the AUCTIONEER’S EXPENSES incurred to date (subject to the terms of Section 3 hereof); plus (b) an amount equal to the twelve and one-half percent (12.5%) of the greater of — (i) the appraised fair market value of the ASSETS, or (ii) if the SELLER sold or otherwise approved the SALE of all or a portion of the ASSETS without utilizing the services of the AUCTIONEER in connection therewith (“UNAUTHORIZED SALE”), the GROSS PROCEEDS of the UNAUTHORIZED SALE. Notwithstanding the terms of the preceding sentence to the contrary, in lieu of terminating the AUCTIONEER’s obligations under this AGREEMENT following such a violation or failure by the SELLER, if the AUCTIONEER proceeds with the SALE and the AUCTIONEER’S EXPENSES are increased due to such a violation or failure by the SELLER, the SELLER shall be obligated to reimburse the AUCTIONEER for such additional AUCTIONEER’S EXPENSES. In the event that the AUCTIONEER materially violates the terms of, or materially fails to perform its obligations under, this AGREEMENT, and fails to remedy such violation of failure within a reasonable time following notice from SELLER, the SELLER may terminate this AGREEMENT, upon the delivery of written notice thereof to the AUCTIONEER, and the AUCTIONEER shall promptly pay to the SELLER all NET PROCEEDS received prior to the date of such termination.
Default Termination of Agreement. The Club reserves the right to terminate, at any time, the owner’s boating privileges at the Club if any provisions of this agreement are violated. The Club may remove a boat from an assigned slip or shore space, at the owner's expense, if the assigned fees are not paid and/or any provisions of this agreement are violated. Further, the Club reserves the right to terminate, at any time, the owner's moorage at the Club upon the refund to the owner of the moorage fee, and the owner agrees to promptly remove the boat from the Club. Any violation of the Safe Conduct Rules in appendix A (attached) or the Approved Tie-Up and Snubber System in Appendix B (attached) will be grounds to terminate the contract and boat owner’s privileges.
Default Termination of Agreement. 44 12.1 Termination....................................................................................44 12.2
Default Termination of Agreement. 8.1 Time is of the essence of this Agreement.
Default Termination of Agreement. 34 10. INDEMNIFICATION................................................................................34 10.1 Indemnification by the DevStream and the Key Employee..........................................34 10.2
Default Termination of Agreement. This Agreement may be terminated by any party hereto upon a default occurring in the performance of any obligation provided herein. Except as otherwise specifically provided in this Agreement, a default shall be deemed to occur if a party should fail to do any act, or continue to do any act, after receipt of ten (10) days' written notice of such claimed act or omission, and such act or omission having continued throughout such ten (10) day period. Upon termination under any of the provision of this Agreement, Fabricator agrees that it will immediately cease identification of itself as an Approved Factory Fabricator of ICD OPACI-COAT-300®, shall discontinue the use of the name ICD OPACI-COAT-300®, or OPACI-COAT-300®, from its trademarks and log, letterheads, advertising, signs, business cards, listings and the like. Furthermore, Fabricator shall notify all work in process that it no longer is an ICD approved Factory Fabricator. In the event the Fabricator should fail to provide such notice, such notice may be provided by ICD.
