Failure to comply with other obligations Sample Clauses

Failure to comply with other obligations. If the Lessee fails to comply with any of its other obligations under this Lease any of the other Lease Documents, the Lessor may, without being in any way obliged to do so or responsible for so doing, and without prejudice to the ability of the Lessor to treat that non-compliance as a Termination Event, take such action as it may deem expedient or necessary in order to procure the compliance with such provisions.
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Failure to comply with other obligations. Recipient fails to observe, perform, discharge or comply with any other covenant, agreement or obligation imposed on Recipient by this Grant Agreement or any other Grant Document, including requirements for mid-year and annual reporting, and such failure remains uncured 30 days after written notice thereof to Recipient.
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Failure to comply with other obligations. Clause 14.1(iv) relates to the failure by Lessee to comply with any of its other duties under the Lease Agreement, a misrepresentation under Clause 15 (Representations and Warranties), or the loss of rights under a Consent (a “Consent” being any type of governmental authorisation to possess and operate the Engine). However, no Event of Default will occur if that failure, misrepresentation or loss of right: (i) does not have a “material adverse effect on the rights of Lessor and the value of the Engine Package” (emphasis added), or (ii) is capable of remedy, and is in fact remedied, within 15 days of the event occurring. It should be noted that there is no requirement for notice to be given in order to trigger an Event of Default; therefore, the 15-day cure period begins to run when the disqualifying event occurs, not when Lessor may demand rectification by written notice. This approach has been adopted on the basis that a materiality threshold has been applied and given the short term of the lease (six months or less), Lessee should not be excused from covenant compliance, misrepresentation, or Consent issues until such time as Lessor actually identifies default and issues a notice.
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Failure to comply with other obligations. If the Charterer fails to comply with any of its other obligations under this Charterparty or any of the other Relevant Documents, the Owner may, without being in any way obliged to do so or responsible for so doing, and without prejudice to the ability of the Owner to treat that non-compliance as a Termination Event, take such action as it may deem expedient or necessary in order to procure the compliance with such provisions.
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Failure to comply with other obligations. If the Hirer fails to comply with any of its other obligations under this Agreement or any of the other Hirer's Documents, the Owner may, without being in any way obliged to do so or responsible for so doing, and without prejudice to the ability of the Owner to treat that non-compliance as a Termination Event, take such action as it may deem expedient or necessary in order to procure the compliance with such provisions.
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Failure to comply with other obligations. If either party rails to comply with any of its other obligations under this Agreement that are not specifically identified as a Primary Event of Default.
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Failure to comply with other obligations. If the Borrower fails to comply with any of the obligations referred to in Section 8 above or any other obligation hereunder or under any of the Loan Documents, which does not constitute in itself an Event of Default under Sections 9.1 to 9.13 above, such failure shall constitute an Event of Default if not cured, to the satisfaction of the Administrative Agent, within ten (10) calendar days after such failure to comply occurred. No Event of Default will occur under this Section 9.14 if the Taxes in respect of which the undertaking in Section 8.1.6 is given do not individually or in the aggregate exceed an amount of US$5,000,000 (five million and 00/100 Dollars) as of any given date.
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Failure to comply with other obligations. Either Party fails to perform any other material covenant or obligation set forth in this Agreement if such failure is not remedied within 30 days of receipt of notice from the non-breaching Party, or such longer period not to exceed 90 days if the failure is not capable of being cured within such 30-day period with the exercise of reasonable diligence, so long as the breaching Party has commenced and is diligently pursuing a cure during such initial 30-day period.
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Failure to comply with other obligations. Grantee fails to observe, perform, discharge, or comply with any other covenant, agreement or obligation imposed on Grantee by this Grant Agreement or any other Grant Document, and such failure remains uncured 30 days after written notice thereof to Grantee.
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Related to Failure to comply with other obligations

  • Non-conflict with other obligations The entry into and performance by it of, and the transactions contemplated by, the Finance Documents do not and will not conflict with:

  • Other Obligations Borrower is not in default on any obligation for borrowed money, any purchase money obligation or any other material lease, commitment, contract, instrument or obligation.

  • Payment of Other Obligations Obligations other than Loans, including LC Obligations and Extraordinary Expenses, shall be paid by Borrowers as provided in the Loan Documents or, if no payment date is specified, on demand.

  • Breach of other obligations any Security Party commits any breach of or omits to observe any of its obligations or undertakings expressed to be assumed by it under any of the Security Documents (other than those referred to in clauses 10.1.1 and 10.1.2 above) unless such breach or omission, in the opinion of the Agent (following consultation with the Banks) is capable of remedy, in which case the same shall constitute an Event of Default if it has not been remedied within fifteen (15) days of the occurrence thereof; or

  • Further Obligations In all matters relating to the performance of this Agreement, INTECH shall act in conformity with the Trust's Trust Instrument, bylaws and currently effective registration statements under the 1940 Act and the 1933 Act and any amendments or supplements thereto (the "Registration Statements") and with the written policies, procedures and guidelines of the Fund, and written instructions and directions of the Trustees and Janus and shall comply with the requirements of the 1940 Act, the Advisers Act, the rules thereunder, and all other applicable federal and state laws and regulations. Janus agrees to provide to INTECH copies of the Trust's Trust Instrument, bylaws, Registration Statement, written policies, procedures and guidelines and written instructions and directions of the Trustees and Janus, and any amendments or supplements to any of them at, or, if practicable, before the time such materials become effective.

  • Payment of Taxes and Other Obligations Pay, discharge or otherwise satisfy at or before maturity or before they become delinquent, as the case may be, subject, where applicable, to specified grace periods, (a) all of its taxes (Federal, state, local and any other taxes) and (b) all of its other obligations and liabilities of whatever nature in accordance with industry practice and (c) any additional costs that are imposed as a result of any failure to so pay, discharge or otherwise satisfy such taxes, obligations and liabilities, except when the amount or validity of any such taxes, obligations and liabilities is currently being contested in good faith by appropriate proceedings and reserves, if applicable, in conformity with GAAP with respect thereto have been provided on the books of the Credit Parties.

  • Default on Other Obligations The Borrower or any Guarantor shall be in default under the terms of any loan agreement, promissory note, lease, conditional sale contract or other agreement, document or instrument evidencing, governing or securing any indebtedness owing by the Borrower or any Guarantor to the Bank or any indebtedness in excess of $10,000 owing by the Borrower to any third party, and the period of grace, if any, to cure said default shall have passed.

  • Compliance with the Law and Other Instruments To the best of the Company’s knowledge, the business operations of the Company have been and are being conducted in accordance with all applicable laws, rules, and regulations of all authorities. The Company is not in violation of, or in default under, any term or provision of the Articles or Bylaws, or of any lien, mortgage, lease, agreement, instrument, order, judgment, or decree, or subject to any restriction, contained in any of the foregoing, of any kind or character which materially adversely affects in any way the business, properties, assets, or prospects of the Company, or which would prohibit the Company from entering into this Agreement or prevent consummation of the issuance of securities contemplated by this Agreement.

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