Technical Event definition
Examples of Technical Event in a sentence
DCAMM may terminate this Contract for convenience even where there has been no Material Event of Default or Technical Event of Default by giving written notice to CONTRACTOR specifying the effective date of termination.
Any failure by CONTRACTOR, other than a Technical Event of Default as provided for in Section 50.5 above, to comply with the terms and conditions of this Contract, including without limitation breach of any covenant contained herein, shall constitute a “Material Event of Default” by CONTRACTOR.
Such expert shall review such written records and promptly determine whether or not a Technical Event has occurred.
Company may terminate this Agreement upon providing thirty (30) days prior written notice to Regeneron together with adequate written records to document its claim of the occurrence of a Technical Event.
Any notice of termination shall be deemed effective from the date of the notice of termination in the event that the expert determines that a Technical Event has occurred.
CUSTOMER may terminate this Contract for convenience even where there has been no Material Event of Default or Technical Event of Default by giving written notice to CONTRACTOR specifying the effective date of termination.
Company may terminate this Agreement upon providing thirty(30) days prior written notice to Regeneron together with adequate written records to document its claim of the occurrence of a Technical Event.
Any failure by CONTRACTOR, other than a Technical Event of Default as provided for in Section 40.5 above, to comply with the terms and conditions of this Contract, including without limitation breach of any covenant contained herein, shall constitute a “Material Event of Default” by CONTRACTOR.
As used above, the term "Technical Event" shall mean, [********************] [*******************************************************].
Any failure by CONTRACTOR, other than a Technical Event of Default as provided for in Section 41.5 above, to comply with the terms and conditions of this Contract, including without limitation breach of any covenant contained herein, shall constitute a “Material Event of Default” by CONTRACTOR.