Customer Default definition

Customer Default has the meaning set out in clause 8.3.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Customer Default shall have the meaning set forth in Section 11.1.

Customer Default means has the meaning set out in clause 4.2.

Examples of Customer Default in a sentence

• If a Party’s failure to perform its obligations under this Agreement is due to a Force Majeure Event, then such failure shall not be deemed a Provider Default or a Customer Default, as the case may be.

• In the event of early termination for Customer Default pursuant to this Section 5.2, Customer shall pay to Provider the Termination Charge described in Section 6.3 below.

• In the event of Termination for Customer Convenience pursuant to Section 6.1 above, or termination for Customer Default pursuant to Section 5.2 above, Customer shall pay a Termination Charge to Provider.

• On the ninth (9th) anniversary of the Commercial Operation Date with respect to a System, provided that no Customer Default shall have occurred and be continuing beyond any applicable period of cure, Customer may elect to purchase the System.

• Customer shall reimburse and hold IB harmless for all actions, omissions, costs, fees (including, but not limited to, attorney's fees), or liabilities associated with any Customer Default or any transaction undertaken by IB upon Default.

More Definitions of Customer Default

Customer Default shall have the meaning set forth in Section 11.1. “Effective Date” shall have the meaning set forth in the preamble. “Energy” shall have the meaning set forth in the preamble. “Environmental Attributes” includes, without limitation, tradable renewable certificates, green-e tags, allowances, reductions or other transferable indicia denoting carbon offset credits or indicating generation of a particular quantity of energy from a renewable energy source by a renewable energy facility attributed to the Energy during the Term created under a renewable energy, emission reduction, or other reporting program adopted by a Governmental Authority, or for which a registry and a market exists (which, as of the Effective Date are certificates issued by Green-e in accordance with the Green-e Renewable Electric Certification Program, National Standard Version 1.3 administered by the Center of Resource Solutions) or for which a market may exist at a future time.

Customer Default any acts or omissions of the Customer or its failure to perform any relevant obligation;

Customer Default has the meaning set out in Section 4.4;

Customer Default has the meaning given to it in clause 4.2;

Customer Default has the meaning set out in clause 10.2. Customer Equipment: equipment that is not part of BT’s network and which the Customer uses or plans to use with the Services. Equipment: the equipment (including any software) specified on the Order Form to be leased by the Supplier or a third party lease provider and delivered to the Premises in order that the Services can be supplied. Minimum Period: the first 60 months of the Contract Term or such other period specified on the Order Form. Openreach: a subsidiary of BT. Order Form: the form containing a written description or specification of the Services and Equipment provided by the Supplier to the Customer. Premises: the address(es) at which the Supplier agrees to provide the Services. Services: the facility to make or receive a Call (or both) and other related telecommunications services that the Supplier agrees to provide to the Customer under this Contract and which are set out in the Order Form. Service Failure: the continuous total loss of the facility to make or receive a Call, or of any other Services provided to the Customer under this Contract.

Customer Default has the meaning given in Clause 9.14. Data Cap: means the monthly data usage limit for each Connected Product, in accordance with its Data Tariff.

Customer Default means an Event of Default (as defined in the Account Agreement) or a failure by Customer to perform any obligation under this Agreement.