Default Agreement definition
Examples of Default Agreement in a sentence
Furthermore, if LE wrongfully terminates a Cross Default Agreement or if LE’s breach of a Cross Default Agreement results in the SHC Entity counterparty terminating that agreement; then SHMC may also terminate this Agreement for cause.
Furthermore, if LE wrongfully terminates a Cross Default Agreement or if LE’s breach of a Cross Default Agreement results in the SHC Entity counterparty terminating that agreement; then SRC may also terminate this Agreement for cause.
In the event of Default, the rights of the parties shall be governed by the Remedy upon Default Agreement executed on even date by the parties hereto and incorporated herein as Exhibit "B".
Pursuant to that certain Loan Default Agreement and Assignment of Rights under Redevelopment Agreement between Bank, Company, the Authority, and the City, executed on or about the date hereof (the “Assignment”), the City and the Authority shall have the right, but not the obligation, to cure any monetary defaults by the Company under the Construction Loan.
LE’s breach of any of the Cross Default Agreements constitutes a breach by LE of this Agreement (which breach may only be cured, if at all, in accordance with the express provisions of the affected Cross Default Agreement).
Borrower shall also provide evidence to Bank that the Cross Collateral/Cross Default Agreement was amended in accordance with the third paragraph of that correspondence.
Complete and sign IHCP NPI Default Agreement, and mail the agreement to the following address: If the submitted document is not required, it will be returned with an instructional letter stating the reason(s) the request was not completed.
The Company shall have executed and delivered the Default Agreement.
In the Event of Relmada Default or in the Event of Babul Default, Relmada II and Babul have entered into a separate Event of Default Agreement, which shall be held in escrow and under seal by Judge ▇▇▇▇▇▇.
We demand that you pay us an amount of US$ [ insert relevant amount which will be the lesser of Final and Binding Arbitral Award/PSA Default Agreement or debt service incapacity] in accordance with your obligations under the Guarantee Agreement.