Termination for Event of Default Sample Clauses

Termination for Event of Default. Notwithstanding Section 13.1, either Party may, in addition to exercising any other available legal or equitable rights or remedies, terminate this Agreement, effective immediately upon the expiration of any applicable cure period, upon the occurrence of an Event of Default (as defined below) with respect to the other Party. The term "Event of Default" with respect to a Party means the occurrence of any of the following events:

Termination for Event of Default. Upon an Event of Default by Company, in addition to its rights under Section 12.3(B) above, Seller may terminate this PPA immediately upon notice to Company, without penalty or further obligation to Company, and in connection therewith, collect from Company all Actual Damages arising from such Event of Default through the Scheduled Termination Date.

Termination for Event of Default. If an Event of Default shall occur the non-defaulting party may by notice in writing terminate this Agreement immediately. For the purposes of this Agreement, each of the following shall be an Event of Default: (a) if a party assigns or sub-contracts the performance of this agreement to another person without the other party’s prior written consent, or (b) if a party becomes insolvent or subject to administration or liquidation.60

Termination for Event of Default. TEN may terminate a Supply Agreement immediately if: (a) the Customer: (1) suffers an Insolvency Event; or (2) commits any other breach of that Supply Agreement; (b) any Equipment which TEN owns, or otherwise has an interest in: (1) is subject to any threatened or levied distress or execution;

Termination for Event of Default. (a) This Agreement shall be terminable at the sole option of Purchaser, if any of the following events of default exist on the part of Servicer and such events have a Material Adverse Effect (each, a “Servicer Event of Default”): (i) failure by Servicer to duly observe or perform in any material respect any of its covenants, obligations or agreements set forth in this Agreement that continues unremedied for a period of thirty (30) days after the earlier of the date upon which Servicer knew of such failure or its receipt of written notice of such failure, requiring the same to be remedied, from Purchaser; or (ii) failure by Servicer to maintain licenses, approvals, qualifications and authorizations to do business or service any Loans in any jurisdiction where the related Borrowers are residents, to the extent required under Applicable Law, and such failure continues unremedied for a period of thirty (30) days after the earlier of the date upon which Servicer received written notice of such failure from any Regulatory Authority; or (iii) a decree or order of a court or agency or supervisory authority or Regulatory Authority having jurisdiction for the appointment of a conservator or receiver or liquidator in any insolvency, readjustment of debt, including bankruptcy, marshalling of assets and liabilities or similar proceedings, or for the winding-up or liquidation of its affairs, shall have been entered against Servicer and such decree or order shall have remained in force undischarged or unstayed for a period of thirty (30) days; or (iv) Servicer shall consent to the appointment of a conservator or receiver or liquidator in any insolvency, readjustment of debt, marshalling of assets and liabilities or similar proceedings of or relating to Servicer or of or relating to all or substantially all of its property; or (v) any representation or warranty made by Servicer shall prove to be untrue or incomplete in any material respect such as to create a Material Adverse Effect and continues unremedied for a period of thirty (30) days after its receipt of written notice of such failure, requiring the same to be remedied, from Purchaser; or (vi) any failure by Servicer to make any undisputed payment, transfer or deposit into the Purchaser Online Account as required by this Agreement which continues unremedied for a period of fifteen (15) Business Days after Servicer’s receipt of notice of such failure from Purchaser; or (vii) any Regulatory Authority shall have condem...

Termination for Event of Default. Either DURA or ▇▇▇▇▇▇ Corp. II shall have the right to terminate this Agreement, effective as set forth in a written notice to the othe party of the occurrence of an Event of Default with respect to such other party.

Termination for Event of Default. (a) By giving Oversight Servicer written notice and designating the termination date, which may be immediately on the date of such written notice, Owner may terminate this Agreement for an Event of Default by Oversight Servicer. (b) Termination by Owner in connection with an Event of Default will be without prejudice to and with full reservation of any other rights and remedies available to Owner under this Agreement or at law or in equity. (c) No termination fees will be payable in connection with any termination by Owner for an Event of Default by Oversight Servicer.

Termination for Event of Default. If an Event of Default shall occur the non-defaulting party may by notice in writing terminate this Agreement immediately. For the purposes of this Agreement, each of the following shall be an Event of Default:

Termination for Event of Default. The FCRHA may terminate this Agreement by sending written notice to the Developer. If the FCRHA so terminates this Agreement, then the FCRHA will have no obligation to provide Developer with any further Loan proceeds (including any Basic Retainage and Completion Retainage) after the date of termination.