Definition of Default. The BUYER shall be deemed to be in default under this CONTRACT in the following cases:
Definition of Default. The BUYER shall be deemed to be in default of performance of its obligations under this Contract in the following cases:
Definition of Default. Each of the following events shall constitute a default:
Definition of Default. The occurrence of any of the following shall constitute a default by Lessee: (1) failure to pay rent or any other sum due by Lessee under this lease within 7 days after written demand therefor by Lessor; (2) failure to vacate on or before the last day of the lease term, renewal term, or extension period; (3) failure to pay rent in advance on a daily basis in the event of unlawful holdover by Lessee; (4) unauthorized early move-out or notice of same as set forth below; (5) acquisition of Lessee's interest in the lease by a third party by judicial or non-judicial process; or (6) failure to comply with any other provision of the lease (including rules) if such failure to comply is not cured as soon as possible after delivery of written notice by Lessor to Lessee. However, Lessee shall not be in default under subclause (6) above if Lessee promptly commences to cure such noncompliance and diligently proceeds in good faith to cure same after receiving written notice of such default.
Definition of Default. Any one or more of the following shall constitute a "Default," to the extent permitted by applicable law:
Definition of Default. Each of the following events may be declared by EIB, following the fulfilment of the respective condition mentioned in Clause 9.2 (if any) for the making of demand on the Borrower for repayment of the Loan or part thereof, to be an Event of Default and to give rise to the right to take the action set forth in Clause 9.2, that is to say:-
Definition of Default. Landlord shall be in default under this Lease if Landlord shall fail to comply with any term, condition or obligation of Landlord under the Lease, and such failure to comply continues for a period of thirty (30) days after Tenant gives Landlord written notice of such failure, unless such failure cannot reasonably be cured within such thirty (30) day period, in which event the cure period shall extend so long as Landlord has in good faith begun to take action to cure the default within the thirty (30) day period and diligently proceeds to completion thereafter.
Definition of Default i. If Tenant fails to pay Rent or any other sum due under this Agreement, abandons the property, violates any of the Rules and Regulations set forth herein, or otherwise fails to abide by and perform any of the obligations, terms, conditions or provisions of this Agreement, each and any such breach shall constitute a default under this Agreement.
Definition of Default. For the purpose of this Agreement, --------------------- a "Default" shall occur upon:
Definition of Default. The occurrence of any one or more of the following events shall constitute a material default and breach of the Lease by Tenant ("Default"):
