IN DEFAULT. Buyer represents that Buyer, as of the date of this 126 Contract, Does Does Not have funds that are immediately verifiable and available in an amount not less than the amount 127 stated as Cash at Closing in § 4.1. 128 4.5. New Loan.
IN DEFAULT. Xxxxx represents that Xxxxx, as of the date of this 125 Contract, Does Does Not have funds that are immediately verifiable and available in an amount not less than the amount 126 stated as Cash at Closing in § 4.1. 127 4.5. New Loan.
IN DEFAULT. The Landlord may, upon the Landlord’s discretion, require the Tenant(s) to undo the alterations or improvements and restore the Property to its condition prior to any unauthorized alteration or improvement at the sole expense of the Tenant(s).
IN DEFAULT. If a Firm in Default is not an Eligible Firm, it must either obtain Qualifying Insurance in the open market, or cease carrying on Practice and make an application to the Assigned Risks Pool for run- off cover in accordance with Rule 5.2.
IN DEFAULT. 119 Buyer represents that Buyer, as of the date of this Contract, n Does o Does Not have funds that are immediately verifiable and 120 available in an amount not less than the amount stated as Cash at Closing in § 4.1. 121 4.5. New Loan.
IN DEFAULT. Notwithstanding anything in this Note to the contrary, no payment on account of principal of, interest on or other amounts due in respect of this Note, shall be made by or on behalf of Maker if, at the time of such payment, or immediately after giving effect thereto, there shall exist under the Bank Debt any default in the payment of all or any portion of principal of or interest thereon, which default shall have resulted in the full amount of the Bank Debt being declared due and payable and which default shall not have been cured or waived. The Maker shall notify Payee in writing promptly following the occurrence of the foregoing. In the event that, notwithstanding the provisions of this Section 2(b), payments are made by or on behalf of Maker in contravention of the provisions of this Section 2(b), such payments shall be held by Payee in trust for the benefit of, and shall be paid over to and delivered to, the Bank, for application to the payment of the Bank Debt remaining unpaid to the extent necessary to pay the Bank Debt in full in accordance with the terms of the Bank Debt, after giving effect to any concurrent payment or distribution to the Bank.
IN DEFAULT. All payments and things of value received hereunder shall be forfeited by Buyer and retained on behalf of Seller and both parties shall thereafter be released from all obligations hereunder. It is agreed that such payments and things of value are liquidated damages and (except as provided in subsection (c)) are seller's sole and only remedy for Buyer's failure to perform the obligations of this Contract. Seller expressly waives the remedies of specific performance and additional damages.
IN DEFAULT. If any portion of said deposit is so used or applied, Sublessee shall, within (5) days after written demand therefore, deposit cash with Sublessor in an amount sufficient to restore the security deposit to its original amount. Upon the expiration or earlier termination of this Sublease, the Security Deposit, or so much thereof as has not theretofore been applied by Sublessor, shall be returned to Sublessee promptly, and, in any event, not to exceed ten (10) days after such expiration or termination.
IN DEFAULT. No Default exists and no default exists with respect to any material contract or agreement of any of the Borrowers or any of their Subsidiaries.
IN DEFAULT. The Permittee shall have ten (10) calendar days after receipt of the written notice to cure such default. If the Permittee fails to cure the default within such ten-day cure period, City shall have the right, without further notice, to terminate this Agreement in whole or in part as City deems appropriate, and to contract with another entity to provide Dockless Vehicle services as established in this Agreement.
