WILL BE IN DEFAULT Sample Clauses
The "Will Be In Default" clause defines the specific circumstances or actions that constitute a default under the agreement. Typically, this clause outlines events such as failure to make payments, breach of material terms, insolvency, or other specified violations by a party. By clearly identifying what actions or omissions trigger a default, this clause provides both parties with a clear understanding of their obligations and the consequences of non-compliance, thereby reducing ambiguity and helping to manage risk in the contractual relationship.
WILL BE IN DEFAULT. ▇▇▇▇▇ represents that Buyer, as of the date of this Contract, 102 Does Does Not have funds that are immediately verifiable and available in an amount not less than the amount stated as Cash at 103 Closing in § 4.1. 104 4.5. New Loan.
WILL BE IN DEFAULT. Buyer represents that Buyer, as of the date of this Contract, Does Does Not have funds that are immediately verifiable and available in an amount not less than the amount stated as Cash at Closing in § 4.1.
WILL BE IN DEFAULT. Buyer 266 represents that Buyer, as of the date of this Contract, Does Does Not have funds that are immediately 267 268 verifiable and available in an amount not less than the amount stated as Cash at Closing in 4.1. 269 4.5. New Loan. (Omitted as inapplicable) 270 271 4.6. Assumption. (Omitted as inapplicable) 272 273 274 4.7. Seller or Private Financing. (Omitted as inapplicable) 275 276 277 TRANSACTION PROVISIONS 278 279 280 CBS4-6-15. CONTRACT TO BUY AND SELL REAL ESTATE - Land Page 4 of 19 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350
WILL BE IN DEFAULT. ▇▇▇▇▇ represents that Buyer, as of the date of this Contract, 142 Does have funds that are immediately verifiable and available in an amount not less than the amount stated as ▇▇▇▇ at Closing in 143 § 4.1. 144 145 4.7. Seller or Private Financing. 146 WARNING: Unless the transaction is exempt, federal and state laws impose licensing, other requirements and restrictions on 147 sellers and private financiers. Contract provisions on financing and financing documents, unless exempt, should be prepared by a 148 licensed Colorado attorney or licensed mortgage loan originator. Brokers should not prepare or advise the parties on the specifics 149 of financing, including whether or not a party is exempt from the law.
WILL BE IN DEFAULT. Buyer represents that Buyer, as of the date of this Contract, x Does o Does Not have funds that are immediately verifiable and available in an amount not less than the amount stated as Cash at Closing in § 4.1.
WILL BE IN DEFAULT. IF ANY OF THE FOLLOWING HAPPENS:
(a) I fail to make any payment when due on the Indebtedness.
(b) I break any promise made to Lender in this Agreement or in any other agreement or loan with Lender.
(c) I die, become insolvent, or file a petition in bankruptcy or similar proceedings, or am adjudged bankrupt.
(d) Any creditor or governmental agency tries to take any of the Property. This includes the taking or garnishment of any of my accounts with Lender.
(e) Lender deems itself insecure.
(f) Any of the events described above in this default section happens to any guarantor of any of the Indebtedness.