Supplier Event of Default definition

Supplier Event of Default has the meaning ascribed to it in Section 10.1. “Supplier Non-acceptance Notice” has the meaning ascribed to it in Section 13.3(e).

Supplier Event of Default has the meaning set out in Section 11.1.

Supplier Event of Default has the meaning set forth in Section 14.1.

Examples of Supplier Event of Default in a sentence

• Failure to maintain the Participation Level at all times prior to the Commercial Operation Date shall constitute a Supplier Event of Default.

• No Supplier Event of Default will be waived or deemed to have been waived by any inspection by or on behalf of the Sponsor.

• For a Community Participation Project, it shall not be a Supplier Event of Default if the failure to maintain the required Participation Level is due to the Community Investment Member ceasing to qualify as such due to an insufficient number of Co-op Members that are Property Owners where such insufficiency has occurred as a result of either the death of a Co-op Member or a Co-op Member no longer being a Property Owner.

• The Supplier fails to perform any material covenant or obligation set forth in this Agreement (except to the extent constituting a separate Supplier Event of Default) if such failure is not remedied within 15 Business Days after written notice of such failure from the Sponsor, provided that such cure period shall be extended by a further 15 Business Days if the Supplier is diligently remedying such failure and such failure is capable of being cured during such extended cure period.

• An inspection or audit not followed by a notice of a Supplier Event of Default shall not constitute or be deemed to constitute a waiver of any Supplier Event of Default, nor shall it constitute or be deemed to constitute an acknowledgement that there has been or will be compliance by the Supplier with this Agreement.

More Definitions of Supplier Event of Default

Supplier Event of Default means:

Supplier Event of Default means the occurrence of any of the following and the passage of any cure period set forth therein:

Supplier Event of Default. (a) Supplier fails to pay to Buyer any payment required under this Agreement (which is not subject to a good faith dispute) when due, and such failure continues for ten (10) Business Days after receipt of written notice of such failure; (b) Supplier voluntarily commences bankruptcy, insolvency, reorganization, stay, moratorium or similar debtor-relief proceedings, or shall have become insolvent or generally does not pay its debts as they become due, or admits in writing its inability to pay its debts, or makes an assignment for the benefit of creditors; (c) Insolvency, receivership, reorganization, bankruptcy, or similar proceedings shall have been commenced against Supplier and such proceedings remain undismissed or unstayed for a period of ninety (90) days; (d) Supplier fails to deliver Equipment by the date upon which Supplier exhausts its liability for liquidated damages for delayed deliveries under Section 5.3; or (e) Except as otherwise expressly provided for in this Section 14.1, Supplier is in material breach of its obligations under this Agreement and such material breach continues uncured for sixty (60) days after receipt of written notice from Buyer. 14.2.

Supplier Event of Default shall refer to Clause 9.1 of this Agreement.

Supplier Event of Default has the meaning set forth in Section .

Supplier Event of Default shall refer to Article 10.1

Supplier Event of Default has the meaning set forth in Section 14.1. “Taxes” means any and all forms of taxation, charges, duties, imposts, levies and rates whenever imposed by any Governmental Authority, including income tax, withholding tax, corporation tax, capital gains tax, capital transfer tax, sales tax, business and occupation tax, inheritance tax, water rates, value added tax, customs duties, capital duty, excise duties, betterment levy, stamp duty, stamp duty reserve tax, national insurance, social security or other similar contributions, and generally any tax, duty, impost, levy, rate or other amount and any interest, penalty or fine in connection therewith.