In Case of Default. 85. If the Innovator, or any person for whom the Innovator is responsible at law, causes any damage, due to delivery of the Contributions, to any real or personal property or activities at the location of such delivery, then the Innovator shall repair, or, if applicable, provide replacements, at the Innovator’s expense, to the satisfaction of the Region.
In Case of Default. THE CREDITOR (THE SECURITY AGENT) MAY USE ITS OWN MEANS IN ORDER TO TAKE POSSESION OF THE PLEDGED ASSET (THE SHARES), in Romanian: “IN CAZ DE NEEXECUTARE CREDITORUL (SECURITY AGENT) POATE FOLOSI MIJLOACELE PROPRII PENTRU LUAREA IN POSESIE A BUNULUI AFECTAT GARANTIEI (PARTILE SOCIALE).”
In Case of Default. IN PAYMENT OF RENT BY LESSEE OR ANY OTHER COVENANT OF LESSEE, LESSOR IS AUTHORIZED TO SEIZE AND TAKE POSSESSION OF SAID PROPERTY, TO STORE AT THE EXPENSE OF LESSEE OR TO SELL SAME AT PUBLIC OR PRIVATE SALE UPON SUCH NOTICE AS REQUIRED BY LAW, AND IN THE EVENT OF SALE, TO APPLY SUCH PORTION OF THE PROCEEDS THEREFROM AS PAYMENT OF RENT OR OTHER INDEBTDNESS HEREUNDER TO LESSOR AS IS NECESSARY TO PAY SAME.
In Case of Default in repayment by the borrower, the bank shall seek repayment from the security (Debenture) taking into consideration the nature of the security interest and the market price. The bank reserves the right to use any of the remedies below in accordance with the law N° 34/2013 of 24/05/2013 on security interests in movable property as amended to date:
In Case of Default. (Exceeding 30 Days): In payment of rent by Lessee or any other covenant of Lessee, Lessor is authorized to seize and take possession of said property, to store at the expense of Lessee or to sell same at public or private sale upon such notice as required by law, and in the event of sale, to apply such portion of the proceeds there from as payment of rent or other indebtedness hereunder to Lessor as is necessary to pay same.
In Case of Default. If borrower fails to pay three (3) consecutive non-full payment of installment or as agreed, the entire unpaid balance of the loan shall immediately become due and demandable. The cooperative shall deduct to borrower’s deposits and deduct to co-makers if resigned or AWOL without the necessity of presentment and demand. ACKNOWLEDGEMENT REPUBLIC OF THE PHILIPPINES) ________________________ ) S.S. CITY OF _________ ________) BEFORE ME, this _____ day of _______________, 2 _______, in the city of _________________, Philippines, personally appeared: Maker Co-Maker1 Co-Maker2 Co-Maker3 Co-Maker4 NAME GOV’T ISSUED ID ID NUMBER PLACE OF ISSUE SIGNATURE ____________________ _______________________ ____________ ___________________ ___________ ____________________ _______________________ ____________ ___________________ ___________ ____________________ _______________________ ____________ ___________________ ___________ ____________________ _______________________ ____________ ___________________ ___________ ____________________ _______________________ ____________ ___________________ ___________ With Identification number as indicated, known to me to be the same persons who executed the foregoing instrument and they acknowledged to me that the same is their free act and deed.
In Case of Default. IN PAYMENT OF RENT BY LESSEE OR ANY OTHER COVENANT OF LESSEE, XXXXXX IS AUTHORIZED TO SEIZE AND TAKE POSSESSION OF SAID PROPERTY, TO STORE AT THE EXPENSE OF LESSEE OR TO SELL SAME AT PUBLIC OR PRIVATE SALE UPON SUCH NOTICE AS REQUIRED BY LAW, AND IN THE EVENT OF SALE, TO APPLY SUCH PORTION OF THE PROCEEDS THEREFROM AS PAYMENT OF RENT OR OTHER INDEBTDNESS HEREUNDER TO LESSOR AS IS NECESSARY TO PAY SAME.
In Case of Default by the Shareholders of the provisions in clause 10.1, the Call Right is subject to specific enforcement procedure (execução específica) set forth in article 287 and following of the Portugal Civil Code, including article 830.”
In Case of Default
