Buyer Event of Default has the meaning ascribed to it in Section 10.3. “Buyer Statement” has the meaning ascribed to it in Section 12.2(g).
Buyer Event of Default has the meaning set forth in Section 14.2.
Buyer Event of Default has the meaning specified in Section 13.2.
Examples of Buyer Event of Default in a sentence
If Seller terminates this Agreement as a result of a Buyer Event of Default, or if Buyer terminates this Agreement for any reason other than an Event of Default by Seller, Buyer shall be liable for, among other things, the Termination Fee provided in Appendix B.
More Definitions of Buyer Event of Default
Buyer Event of Default shall have the meaning set forth in Section 10.3(b).
Buyer Event of Default has the meaning ascribed to it in Section 10.3.
Buyer Event of Default has the meaning given to such term in Section 9.1.
Buyer Event of Default shall be deemed to exist upon the occurrence and during the continuance of any one or more of the following events: (i) Buyer breaches a material term of this Agreement, and such breach is not cured within 60 Days following written notice from Seller; or (ii) Buyer fails to pay any amount due under this Agreement in full within 60 Days of the due date of such payment, subject to Section 17.13.
Buyer Event of Default has the meaning set forth in Section .
Buyer Event of Default means, with respect to Buyer, the occurrence of any of the following: the failure by Buyer to make, when due, any payment required pursuant to this Agreement if such failure is not remedied within ten (10) Business Days after written notice from Seller; any representation or warranty made by Buyer herein is false or misleading in any material respect when made or when deemed made or repeated; the failure by Buyer to perform any material covenant or obligation set forth in this Agreement (except and to the extent such failure constitutes a separate Buyer Event of Default) if such failure is not remedied within thirty (30) Business Days after written notice; provided that if such failure is not reasonably capable of being cured within thirty (30) Business Days, and if Buyer is exercising diligent efforts to remedy such failure, then such additional period of time, not to exceed ninety (90) additional Business Days as shall be required to remedy such failure with the exercise of diligent efforts; Buyer becomes Bankrupt; or Buyer consolidates or amalgamates with, or merges with or into, or transfers all or substantially all of its assets to, another entity and, at the time of such consolidation, amalgamation, merger or transfer, the resulting, surviving or transferee entity fails to assume all the obligations of Buyer under this Agreement if such failure is not remedied within sixty (60) Business Days after written notice. Declaration of an Early Termination Date and Calculation of Termination Payment If a Seller Event of Default or a Buyer Event of Default shall have occurred and is continuing, the Non-Defaulting Party shall have the right, upon providing written notice to the Defaulting Party within thirty (30) Days of learning of such Seller Event of Default or Buyer Event of Default, (i) to designate a Day, no earlier than the Day such notice is effective and no later than twenty (20) Days after such notice is effective, as an early termination date (“Early Termination Date”) to accelerate all amounts owing between the Parties and to determine in a commercially reasonable manner the Non-Defaulting Party’s Losses and Costs, which shall be the termination payment payable by the Defaulting Party hereunder (the “Termination Payment”), and terminate this Agreement, (ii) withhold any payments due to the Defaulting Party under this Agreement and (iii) suspend performance in accordance with Section 6.6. For the avoidance of doubt, a Defaulting ...
Buyer Event of Default means, with respect to the Buyer, the occurrence of any one or more of the following: