Examples of Completion Default in a sentence
In addition, the PGET Defaults and the Millennium Completion Default are not waived under this Agreement for any other purpose whatsoever (including, without limitation, Section 7.2 of the Credit Agreement), except as expressly provided herein.
Upon the occurrence of a Completion Default, the City shall provide written notice to Developer and Lender of such default (each, a “Completion Default Notice”).
Fencing should integrate with the colour scheme and design of the dwelling and where possible with the colours and materials of fencing on adjoining lands.
The amount of any such damages shall be reduced to the extent that the Operator's negligence contributed to such Completion Default.
If the Completion Default is not cured within the 30-day notice period, the Lease shall terminate at the end of the notice period.
In addition, the PGET Defaults and the Millennium Completion Default are not waived under this Agreement for any other purpose whatsoever (including, without limitation, Section 7.2 of the Credit Agreement or any other provision of Article 3 of the Credit Agreement), except as expressly provided herein.
Subject to Section 10(c) below, upon the termination of any section of this Agreement, Administrative Agent and the Banks and Lender Group Agents shall have the same rights, powers and remedies with respect to the PGET Defaults and the Millennium Completion Default and otherwise all as if such section had not become effective.
In the event that Xxxxxx informs the City that Payment Obligations of $100,000.00 or less remain outstanding as of the time it receives a Completion Default Notice, the City shall be entitled to exercise its Completion Rights: (i) at the City’s sole cost and expense or through the use, in whole or in part, of the Completion Bond; and (ii) without the requirement to satisfy the City’s Completion Conditions.
If Substantial Completion has not occurred on or before February 1, 1995, an additional "Completion Default" shall be deemed to have occurred.
Upon the occurrence and during the continuance of a Completion Default, the Lender shall be entitled to the remedies afforded to it as set forth in the Credit Agreement.