Events of Default and Termination. 13.1 If:
Events of Default and Termination. If any one or more of the following events (“Events of Default”) shall occur:
Events of Default and Termination. 10.1 The Parties may terminate this Agreement at any time by mutual written consent.
Events of Default and Termination. 9.1 The Company may terminate this Agreement if, by the Target Go-Live Date, the Service Provider’s Providing Unit has not completed its Performance Milestones, or commenced provision of Contracted Services.
Events of Default and Termination. 8.1 There shall be an Event of Default if in the opinion of the Institution:
Events of Default and Termination. A. The occurrence of any or more of the following events shall constitute a material breach of and default under the Contract. The City reserves the right to terminate the whole or any part of the Contract due to Contractor’s failure to fully comply with any term or condition herein.
Events of Default and Termination. (1) The occurrence of any of the following events at any time during the term of this agreement shall constitute a default by the Generating Company:
Events of Default and Termination. 7.1. Any of the following circumstances constitutes a default under this Agreement:
Events of Default and Termination. The following occurrences shall constitute events of default under this Agreement ("Events of Default"): The failure of Purchaser to pay the Purchase Price for all Products purchased by Purchaser under this Agreement, when due in accordance with the provisions of this Agreement; provided that Purchaser receives notice thereof from Georal and does not cure such failure within thirty (30) business days after receipt of such notice. The breach by Georal or Purchaser or DWLD, as the case may be, of any of their respective material representations, warranties, covenants or obligations under this Agreement, provided that the breaching party receives notice thereof from the party claiming such breach and fails to cure any such breach within thirty (30) days after such notice. In the event of the occurrence of an Event of Default, Georal or Purchaser or DWLD, as the case may be, shall have the right to institute an action to recover any damages which may result therefrom and/or to exercise any other legal or equitable rights or remedies provided for hereunder or otherwise available under applicable law. Should any party hereto fail to cure an act of default pursuant to the terms herein within 14 days of delivery of written Notice of said default pursuant to the notice requirements as set forth herein, the Party in good standing may elect to terminate this agreement immediately on written notice to the defaulting party. An election of termination shall serve to cancel this agreement pursuant to the terms set forth in this paragraph. In the event of any termination of this Agreement, whether upon the expiration of the Term or pursuant to this Chapter 10, Purchaser shall immediately discontinue all marketing, sales and promotional activities in connection with Products, as well as all distribution and sale of Products and all use of the Patented Products, except that Purchaser shall have a period of up to three (3) months after any such termination to market and sell or lease all inventory of Products and to fulfill all purchase orders therefor which were issued to Purchaser on or prior to the date of any such termination, provided that Purchaser fully pays the Purchase Price for such Products as provided in this Agreement. Purchaser will furnish Georal with reports of all such sales. The Parties hereto shall settle all accounts and issue any and all payments due to any other party hereto within 60 days of the last transaction pursuant to the terms of this Agreement....
Events of Default and Termination a. This Agreement shall terminate automatically in the event that Licensee files a petition, or has a petition filed against it, under any laws relating to insolvency, including, without limitation, any filing under any provision of the Bankruptcy Act; or enters into any voluntary arrangement for the benefit of its creditors; or appoints, or has appointed on its behalf, a receiver, liquidator or trustee of its property or assets.
