Events of Default; Termination for Cause Sample Clauses

Events of Default; Termination for Cause. If Consultant: (1) fails to comply with applicable laws and ordinances; or (2) assigns or subcontracts its obligations under the Agreement or any part hereof without Purchaser’s consent; or (3) otherwise fails or refuses to perform its obligations under the Agreement in any respect; or (4) fails to provide Purchaser, upon request with adequate assurance of future performance of the Agreement; or (5) becomes insolvent or makes a general assignment for the benefit of creditors or admits in writing its inability to pay debts as they mature or if a trustee or receiver of Consultant or of any substantial part of Consultant’s assets is appointed by any court or proceedings instituted under any provisions of the Federal Bankruptcy Code or any state insolvency law by or against Consultant are acquiesced in or are not dismissed within thirty (30) days or result in an adjudication in bankruptcy or insolvency; or; (6) unnecessarily delays the Work or any part thereof; or (7) fails to perform the Work in accordance with the acceptable practices and customary diligence of the profession or industry of which Consultant is a member or in a timely way, then Purchaser may terminate the Agreement immediately or cancel any remaining portion of the Work (and Purchaser’s corresponding obligations) and/or pursue any further remedies available at law or in equity. Notice of termination shall be in writing and shall be effective upon receipt thereof. Upon a final determination by a court of competent jurisdiction that a termination pursuant to this Article 11(A) was improper, the termination shall be deemed a termination for convenience pursuant to Article 11(B).
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Events of Default; Termination for Cause. If Supplier: (1) fails to comply with applicable laws and ordinances; or (2) assigns or subcontracts its obligations under the Agreement or any part hereof without Purchaser’s prior written consent; or (3) otherwise fails or refuses to perform its obligations under the Agreement in any respect; or (4) fails to provide Purchaser, upon request with adequate assurance of future performance of the Agreement; or (5) becomes insolvent or makes a general assignment for the benefit of creditors or admits in writing its inability to pay debts as they mature or if a trustee or receiver of Supplier or of any substantial part of Supplier’s assets is appointed by any court or proceedings instituted under any provisions of the Federal Bankruptcy Code or any state insolvency law by or against Supplier are acquiesced in or are not dismissed within thirty (30) days or result in an adjudication in bankruptcy or insolvency; or (6) unnecessarily delays the Work or any part thereof; or (7) engages in conduct that violates FirstEnergy’s Supplier Code of Conduct (defined below), including but not limited to Supplier’s obligation to promptly notify Purchaser of any potential compliance or ethics concerns; then Purchaser may terminate the Agreement immediately or cancel any remaining portion of the Work (and Purchaser’s corresponding obligations) and/or pursue any further remedies available at law or in equity. In the event of termination by Purchaser for cause, Supplier shall, at Purchaser’s option, deliver to Purchaser the raw materials and work-in-process required in order to perform the Work. Purchaser shall have the right, at its election and without prejudice to any other remedies, to: (1) continue and complete the Work or any part thereof and deduct the cost of such completion from the amount due Supplier under the Agreement; or (2) pay Supplier the reasonable cost of such raw materials and work-in-process. In the event of such termination, Purchaser shall not be required to obtain the lowest figure for completing the Work but may pay amounts Purchaser in its sole judgment, determines will best accomplish such completion. Supplier shall be responsible for all expenses, including additional management and administrative services Purchaser incurs to complete the Work and remedy defective Work and damage done by Supplier, and any other costs and expenses Purchaser sustains due to Supplier’s breach. Supplier shall, if Purchaser requests, immediately remove its employees, repres...
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Events of Default; Termination for Cause. If Contractor: (1) fails to comply with applicable laws and ordinances; or (2) assigns or subcontracts the Agreement or any part hereof without Purchaser’s consent; or (3) otherwise fails or refuses to perform its obligations under the Agreement in any respect; or (4) fails to provide Purchaser, upon request, with adequate assurance of future performance of the Agreement; or (5) becomes insolvent or makes a general assignment for the benefit of creditors or admits in writing its inability to pay debts as they mature or if a trustee or receiver of Contractor or of any substantial part of Contractor’s assets is appointed by any court or proceedings instituted under any provisions of the Federal Bankruptcy Code or any state insolvency law by or against Contractor are acquiesced in or are not dismissed within thirty (30) days or result in an adjudication in bankruptcy or insolvency; or (6) unnecessarily delays the Work or any part thereof; then Purchaser may terminate the Agreement immediately or cancel any remaining portion of the Work (and Purchaser’s corresponding obligations) and/or pursue any further remedies available at law or in equity. Notice of termination shall be in writing and shall be effective upon receipt thereof.
Sample 1Sample 2
Events of Default; Termination for Cause. If Supplier: (1) fails to comply with applicable laws and ordinances; or (2) assigns or subcontracts its obligations under the Agreement or any part hereof without Purchaser’s consent; or (3) otherwise fails or refuses to perform its obligations under the Agreement in any respect; or (4) fails to provide Purchaser, upon request with adequate assurance of future performance of the Agreement; or (5) becomes insolvent or makes a general assignment for the benefit of creditors or admits in writing its inability to pay debts as they mature or if a trustee or receiver of Supplier or of any substantial part of Supplier’s assets is appointed by any court or proceedings instituted under any provisions of the Federal Bankruptcy Code or any state insolvency law by or against Supplier are acquiesced in or are not dismissed within thirty (30) days or result in an adjudication in bankruptcy or insolvency; or
Sample 1
Events of Default; Termination for Cause. Contractor agrees that if: (1) Contractor fails to comply with applicable laws and ordinances; or (2) Contractor assigns or subcontracts the Agreement or any part hereof without the consent of Purchaser; or
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Related to Events of Default; Termination for Cause

  • Default Termination a. In the event that the Property has been sold contrary to or any person bids in contravention of the provisions in Clause 4 above, then such sale shall be cancelled and become null and void and of no further effect wherein all monies paid by the Purchaser hitherto including the Deposit shall be forfeited absolutely and immediately.

  • SUSPENSION & TERMINATION FOR DEFAULT Enterprise Services may suspend Contractor’s operations under this Master Contract immediately by written cure notice of any default. Suspension shall continue until the default is remedied to Enterprise Services’ reasonable satisfaction; Provided, however, that, if after thirty (30) days from such a suspension notice, Contractor remains in default, Enterprise Services may terminate Contractor’s rights under this Master Contract. All of Contractor’s obligations to Enterprise Services and Purchasers survive termination of Contractor’s rights under this Master Contract, until such obligations have been fulfilled.

  • Termination for Default The County may, by written notice to the Contractor terminate this contract for default in whole or in part (delivery orders, if applicable) if the Contractor fails to:

  • Events of Termination Subject to Section 6.4 below, this Agreement will terminate as to a Fund:

  • Termination of Default An Event of Default shall be deemed to have been terminated upon the earliest to occur of:

  • Termination Upon Breach Either the Corporation or the Consultant may terminate this Agreement in the event of the breach of any of the material terms or provisions of this Agreement by the other party, which breach is not cured within 10 business days after notice of the same is given to the party alleged to be in breach by the other party.

  • Termination due to Event of Default (a) Termination due to Parties Event of Default

  • Termination for Default; Remedies 8.2.1 Each of the following shall constitute an immediate event of default (“Event of Default”) under this Agreement:

  • Events of Default and Termination 13.1 If:

  • Termination Events This Agreement may, by notice given prior to or at the Closing, be terminated:

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