Material Default definition
Material Default means a material breach of this Framework Agreement and/or, breach by the Supplier of any of the following Clauses: Clause 8 (Warranties and Representations), Clause 9 (Prevention of Bribery and Corruption), Clause 13 (Statutory Requirements and Standards), Clause 14 (Non-Discrimination), Clause 15 (Provision of Management Information), Clause 16 (Management Charge), Clause 17 (Records and Audit Access), Clause 22 (Data Protection), Clause 23 (Freedom of Information) and Clause 31 (Transfer & Sub-contracting);
Material Default means any default by the private entity in the performance of its duties under
Material Default means any default by the private entity in the performance of its duties that jeopardizes adequate service to the public from a qualifying project.
Examples of Material Default in a sentence
Except if and as set forth in the First Disclosure Letter and, with respect to each Initial Asset, any Supplemental Disclosure Letter relating to such Initial Asset, to ▇▇▇▇▇▇’▇ knowledge no Material Default has occurred and is continuing under the Lease in respect of any Initial Asset.
More Definitions of Material Default
Material Default means any breach of a fundamental or essential term or repeated breaches of any of the terms of the agreements, as referred to in section 3.4(e);
Material Default means any default by the operator in the performance of its duties under
Material Default means any default by the private entity in the performance of its duties under subsection E of § 56-575.8 that jeopardizes adequate service to the public from a qualifying project.
Material Default means any breach of these terms and conditions or of the Contract by the Contractor which the Authority considers to be sufficiently material as to justify termination of all or part of the Contract. A breach of any of the following of these terms and conditions by the Contractor shall be a Material Default: clause 2.1 (contractor’s warranties), clause 3.2 (contractor’s personnel), clause 7.6.3 (security of electronic data) clause 8.2 (confidentiality) clause 15 (contractor’s insurance requirements); clause 16.1 (prevention of corruption) clause 17 (official secrets), clause 19 (non discrimination and equality) and clause 22 (health and safety);
Material Default means any breach of Clause 14 (Statutory Requirements), Clause 15 (Non-Discrimination), Clause 16 (Provision of Management Information), Clause 17 (Management Charge), Clause 18 (Records and Audit Access), Clause 22 (Data Protection) and Clause 23 (Freedom of Information);
Material Default means any continuing Default as to which a written notice of such Default (which notice has not been rescinded) shall have been received by the Borrower, the General Partner or the REIT from the Administrative Agent or any Lender, or any continuing Event of Default.
Material Default means, with respect to a Receivable: