Licensor Default. The occurrence of any one or more of the following shall constitute a default by Licensor under this Agreement (each, a “Licensor Default”):
Licensor Default. RANGERS’ RIGHTS AND REMEDIES; RIGHTS IN THE EVENT OF REPEAL OF PROPERTY TAX EXEMPTION
Licensor Default. Licensor shall not be in default under this Agreement unless Licensor fails to perform obligations required of Licensor within ten (10) days after written notice is delivered by Customer to Licensor specifying the obligation which Licensor has failed to perform: provided, however, that if the nature of Licensor’s obligation is such that more than ten (10) days are required for performance, then Licensor shall not be in default if Licensor commences performance within such thirty (30) day period and thereafter diligently prosecutes the same to completion. Customer hereby waives the benefit of any laws granting it the right to perform Licensor’s obligations, and Customer shall not be entitled to perform any of Licensor’s obligations.
Licensor Default. If Licensor fails to disprove or correct the violation within thirty (30) days, or, in the case of a violation which cannot be corrected in thirty (30) days, Licensor has failed to initiate a reasonable plan of corrective action and to correct the violation within the specified time frame in such plan, then Company may declare in writing that Licensor is in default.
Licensor Default. Failure by a Licensor to perform its obligations under this MSA within 15 days after written notice is delivered by Customer to such Licensor specifying the obligation which Licensor has failed to perform; provided, however, that if the nature of such Licensor’s obligation is such that more than 15 days are required for performance, then such Licensor shall not be in breach or default (and a Licensor Default shall not exist) if such Licensor commences performance within such 15-day period and thereafter diligently prosecutes the same to completion. Minimum Common Facilities Amount: Defined in the Basic Provisions.
Licensor Default. At Distributor’s option and upon written notice given to Licensor, Distributor shall have the right to terminate this Agreement and shall be entitled to immediate repayment of all out-of-pocket costs incurred by Distributor in connection with the Picture and may declare all obligations hereunder due and owing and may proceed to enforce payment and performance by Xxxxxxxx and exercise all of Distributor’s rights and remedies at law or equity, if (i) Licensor breaches any material covenant, agreement or obligation under this Agreement and fails to cure such breach within forty-eight (48) hours after receipt of written notice from Distributor (except such right to cure shall not apply to Licensor’s failure to timely deliver the Picture by the Delivery Date in accordance with Paragraph 9(b)); (ii) any representation or warranty made by Licensor is untrue or incomplete in any material respect on or as of the date made; or (iii) Licensor becomes insolvent or a petition under any bankruptcy or insolvency law shall be filed by or against Licensor or any property of Licensor is attached and such attachment is not released within 30 days or if Licensor executes an assignment for the benefit of creditors or if a receiver, custodian, liquidator or trustee is appointed for Licensor. Without limiting any other remedies available to it hereunder or by law, Distributor shall have the right to withhold and reserve from any monies whatsoever payable to Licensor hereunder, sums reasonably sufficient to secure Distributor from and against Licensor’s liabilities or the material breach of any of its obligations under this Agreement.
Licensor Default. If Licensor breaches any covenant or obligation of Licensor under this Agreement in any manner, and if Licensor fails to commence to cure such breach within thirty (30) days after receiving written notice from Licensor specifying the violation (or if Licensor fails thereafter to diligently prosecute the cure to completion), then Licensee may terminate this Agreement if such failure is in relation to the Agreement as a whole, or any individual Supplements if such failure is in connection solely with such Supplement, by written notice to Licensor, and enforce any and all of its rights and/or remedies provided under this Agreement or by Law.
Licensor Default. Licensor shall be in default of this Agreement if (A) if Licensor fails or refuses to perform any of its material obligations hereunder or breaches any material provision hereof, or (B) (i) if Licensor goes into receivership or liquidation other than for purposes of amalgamation or reconstruction, (ii) if Licensor becomes insolvent, appoints a receiver, takes advantage of any applicable insolvency, bankruptcy or reorganization or any other like or analogous statute, or a petition under any bankruptcy act is filed by or against Licensor (which petition, if filed against Licensor, shall not have been dismissed within thirty (30) days thereafter), (iii) if Licensor commences an assignment for the benefit of creditors, or (iv) the occurrence of any event analogous to the foregoing (each of the above acts is hereinafter referred to as a “Licensor Event of Default”). Subject to Section 16.4, if Licensor fails to cure a Licensor Event of Default within thirty (30) days after delivery by Licensee to Licensor of written notice of such Licensor Event of Default, then Licensee’s rights will be limited to an action at law for damages as a result thereof, and in no event will Licensee be entitled to injunctive or other equitable relief of any kind requiring delivery of the Programs. Any breach by Licensor is limited to the particular Program to which the breach applies; provided that in the case of willful, repeated and substantial defaults by Licensor, Licensee may immediately terminate this Agreement.
Licensor Default. Each of the following events will, unless otherwise expressly agreed by the Licensee in writing, constitute a "Licensor Default" under this Agreement:
Licensor Default. Licensee agrees that Licensor shall not be in default of any of its obligations hereunder unless such default shall remain uncured for more than thirty (30) days following Licensor’s receipt of written notice from Licensee specifying the nature of such default, or for such longer period as may be reasonably required to correct such default.
