Breach Events of Default and Remedies Sample Clauses

Breach Events of Default and Remedies. Section 9.1 – Breach by Contractor 11 Section 9.2 – Breach by Municipality 12 Section 9.3 – Events of Default and Remedies of Municipality 13 Section 9.4 – Events of Default and Remedies of Contractor 14 ARTICLE X – INSURANCE AND INDEMNIFICATION Section 10.1 – Insurance 15 Section 10.2 – Indemnification 15 ARTICLE XI – MISCELLANEOUS
Sample 1
AutoNDA by SimpleDocs
Breach Events of Default and Remedies. 11.1 BREACH BY GROOT Each of the following shall constitute a Breach on the part of Groot:
Sample 1
Breach Events of Default and Remedies 
Sample 1Sample 2Sample 3See All (11)

Related to Breach Events of Default and Remedies

  • Events of Default and Remedies Section 8.01

  • Default and Remedies Either of the following constitutes cause to declare this Contract, or any Participating Entity order under this Contract, in default:

  • Events of Default Remedies If any of the following events (“Events of Default”) shall occur:

  • Defaults and Remedies Section 6.01.

  • Performance Default and Remedies Subsection B. DEFAULT AND REMEDIES, second paragraph of the Contract is modified as follows (underlined language is added and stricken language is deleted): “Written notice of default and a reasonable 30-day opportunity to cure must be issued by the party claiming default.”

  • EVENT OF DEFAULT/REMEDIES 8.1 Any one or more of the following acts or omissions of the Contractor shall constitute an event of default hereunder (“Event of Default”):

  • Defaults Remedies (a) It shall be an Event of Default:

  • Events of Default by Either Party It shall constitute an event of default (“Event of Default”) by either Party hereunder if:

  • Events of Default Any of the following shall constitute an Event of Default:

  • Default Remedies Any one of the following occurrences shall constitute an ----------------- "EVENT OF DEFAULT" under this Note: (i) failure by the Maker to make any payment of principal or interest when the same becomes due and payable, said failure continuing for thirty (30) days or more; or (ii) if Maker shall fail to pay its debts, make an assignment for the benefit of its creditors, or shall commit an act of bankruptcy, or shall admit in writing its inability to pay its debts as they become due, or shall seek a composition, readjustment, arrangement, liquidation, dissolution or insolvency proceeding under any present or future statute or law, or shall file a petition under any chapter of federal Bankruptcy Code or any similar law, state or federal, now or hereafter existing, or shall become "insolvent" as that term is generally defined under the Federal Bankruptcy Code, or shall in any involuntary bankruptcy case commenced against it file an answer admitting insolvency or inability to pay its debts as they become due, or shall fail to obtain a dismissal of such case within sixty (60) days after its commencement or convert the case from one chapter of the Federal Bankruptcy Code to another chapter, or be the subject of an order for relief in such bankruptcy case, or to be adjudged a bankruptcy or insolvent, or shall have a custodian, trustee or receiver appointed for, or have any court take jurisdiction of its property, or any part thereof, in any proceeding for the purpose of reorganization, arrangement, dissolution or liquidation, and such custodian, trustee, liquidator or receiver shall not be discharged, or such jurisdiction shall not be relinquished, vacated or stayed within sixty (60) days of the appointment. Upon occurrence of an Event of Default hereunder, the entire outstanding principal balance and any unpaid interest then accrued under this Note, shall at the option of the Payee hereof and without demand or notice of any kind to the undersigned or any other person (including, but not limited to, any guarantor now or hereafter existing), immediately become and be due and payable in full. In such event, Payee shall have and may exercise any and all rights and remedies available at law or in equity.

Time is Money Join Law Insider Premium to draft better contracts faster.