Events Constituting Default Sample Clauses

Events Constituting Default. In its sole discretion, the Commission may deem Recipient to be in default if any of the following events occur: (a) Recipient becomes insolvent; (b) A petition in bankruptcy is filed by or against Recipient; (c) An assignment for the benefit of Recipient's creditors is made; (d) Recipient is found by the Commission to be permanently disabled; (e) Recipient fails to practice nursing full-time at Health Institution or fails to perform any other obligation, promise or undertaking required by this Contract; (f) Recipient breaches any term, provision or warranty contained in this Contract; (g) Recipient ceases to pursue a full-time course of study leading to a nursing degree at an approved and accredited nursing school in the State of Oklahoma; (h) Recipient fails to pass any one of the first two successive licensure examinations offered following completion of course work; (i) The occurrence of any event which, in the Commission's opinion, jeopardizes or impairs Commission's rights under this Contract.

Events Constituting Default. The occurrence of any of the following shall constitute a default by Lessee under this Lease. (a) Lessee’s failure to pay when due any Rent required to be paid under this Lease if the failure continues for three (3) days after written notice of the failure from Lessor to Lessee; (b) Lessee’s failure to provide any instrument of subordination or attornment, any estoppel certificate, or any insurance coverage required by this Lease if the failure continues for five (5) days after written notice of the failure from Lessor to Lessee; (c) Lessee’s failure to perform any other obligation under this Lease if the failure continues for fifteen (15) days after written notice of the failure from Lessor Lessee; (d) Lessee’s abandonment of the Premises, including Lessee’s absence from the Premises for three (3) consecutive business days while in default under any provision of this Lease; (e) To the extent permitted by law; (i) a general assignment by Lessee or any guarantor of the Lease for the benefit of credits; (ii) the filing by or against Lessee, or any guarantor, of any proceeding under an insolvency or bankruptcy law, unless (in the case of an involuntary proceeding) the proceeding is dismissed within sixty (60) days; (iii) the appointment of a trustee or receiver to take possession of all or substantially all the assets of Lessee or any guarantor, unless possession is unconditionally restored to Lessee or that guarantor within thirty (30) days and the trusteeship or receivership is dissolved; (iv) any execution or other judicially authorized seizer of all of substantially all the assets of Lessee located on the Premises, or of Lessee’s interest in this Lease, unless that seizure is discharged within thirty (30) days; or (f) The failure by Lessee to make any payment required to be made by Lessee under this Lease within three (3) days after written notice that the same is due and unpaid for any two (2) months (consecutive or nonconsecutive) during any twelve (12) month period, or any four (4) months (consecutive or nonconsecutive) in the aggregate during the entire Lease Term. In the event of any such chronic delinquency, at Lessor’s option, Lessor shall have the additional right to require that Base Monthly Rent and other periodic Rent payments be made by Lessee quarter-annually, in advance.

Events Constituting Default. Except as otherwise provided --------------------------- herein, the failure to perform or honor any covenant, condition or other obligation of Tenant or the failure of any representation made by Tenant under this Lease (including Exhibits hereto) shall constitute a default hereunder by Tenant upon expiration of the appropriate grace period hereinafter provided, if any. Tenant shall have a period of three (3) Business Days from the date of written notice from Landlord within which to cure any default in the payment of Rent. Tenant shall have a period of ten (10) days from the date of written notice from Landlord within which to cure any default in the payment of Additional Charges. Tenant shall have a period of thirty (30) days from the date of written notice from Landlord within which to cure any other default under this Lease; provided, however, that with respect to any default (other than a default which can be cured by the payment of money) that cannot reasonably be cured within thirty (30) days, the default shall not be deemed to be uncured if Tenant commences to cure within thirty (30) days from Landlord's notice, continues to prosecute diligently the curing of such default and actually cures such default within sixty (60) days after Landlord's notice.

Events Constituting Default. ▇▇▇▇▇▇, at its option, may by written notice to the CLIENT, declare this Agreement in default on the occurrence of any of the following: A. Failure by CLIENT to make any payment or perform any of its obligations hereunder in a timely manner; B. Institution by or against the CLIENT of any proceeding in bankruptcy, insolvency or reorganization under any law, or the appointment of a receiver or trustee for CLIENT’s goods and chattels, or assignment for the benefit of creditors; C. If this is a Lease Agreement, the expiration or cancellation of any insurance policy CLIENT is obligated to maintain, or involuntary transfer of CLIENT'S interest in this Lease Agreement by operation of law; or the assignment of this Lease Agreement and/or the plants and materials without the prior written consent of ▇▇▇▇▇▇.

Events Constituting Default. The City may consider any of the following events to be a default under this Lease: 1) Failure to comply with any term of the Lease. 2) Any unlawful use of the Leased Premises. 3) Failure to comply, after notice, with any effective law and/or regulation, including Airport rules and regulations.

Events Constituting Default. The following events shall constitute default on this Lease. a.) Nonpayment by the Lessee of any sum required to be paid by the Lessee under the terms of the Lease; b.) Nonperformance by the Lessee or Lessor of any covenant or condition of the Lease.

Events Constituting Default. 28 20.2 Remedies................................................ 29 20.3

Events Constituting Default. A Party is in default if such Party breaches an obligation required of the Party under this Agreement and such breach continues for a period of thirty days after written notice thereof from the Party not in default; provided, however, that if the nature of the default is such that it cannot reasonably be cured within the 30-day period following written notice, then in that case the default may be cured if the Party failing to perform commences a cure within such 30-day period and thereafter diligently and expeditiously pursues such cure to completion within ninety days of the written notice.

Events Constituting Default. ▇▇▇▇▇▇, at its option, may by written notice to the CLIENT, declare this Agreement in default on the occurrence of any of the following: (a) failure by CLIENT to make any payment or perform any of its obligations hereunder in a timely manner; (b) institution by or against the CLIENT of any proceeding in bankruptcy, insolvency or reorganization under any law, or the appointment of a receiver or trustee for CLIENT’s goods and chattels, or assignment for the benefit of creditors; or (c) the expiration, cancellation or failure to renew any insurance policy CLIENT is obligated to maintain.