Company Breaches Sample Clauses

Company Breaches. At DOCTOR's option, in the event COMPANY fails to make timely payments of the obligations it has undertaken, (ii) fails or refuses to account to DOCTOR for collection on amounts for services rendered, or (iii) is in default of any material obligations having an impact upon DOCTOR, then DOCTOR may by written notice to COMPANY terminate this Agreement if COMPANY has failed to cure such default within thirty (30) days of DOCTOR's written notice of such violation, provided if such breach cannot by its nature be reasonably cured within thirty (30) days then COMPANY shall have such time as may be reasonable to cure the breach.
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Company Breaches. At Doctor's option, in the event Company (i) fails to make timely payments of the obligations it has undertaken or (ii) is in default of any material obligations having an impact upon Doctor, then Doctor may by written notice to Company terminate this Agreement if Company has failed to cure such default within thirty (30) days of Doctor's written notice of such violation, provided if such breach cannot by its nature be reasonably cured within thirty (30) days then Company shall have such time as may be reasonable to cure the breach.
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Company Breaches. The Company agrees to defend, indemnify, and hold GTS and its Affiliates and their respective directors, officers, employees, and agents harmless from and against any and all claims, demands, suits, causes of action, losses, damages, judgements, costs and expenses arising out of or resulting from the breach by the Company of any of its representations, warranties and agreements contained in this Agreement, or arising out of the Company's use of any Trademark or Related Trademark, the carrying on of the Company's business, or the design, manufacture, distribution, sale, shipment, advertising, marketing, or other exploitation of any Trademarks, other than those claims, demands, suits, or causes of action which would constitute a breach of GTS's representations and warranties set forth herein.
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Company Breaches. In the event that the Company or any of its affiliates breaches any of its material post-employment obligations to Executive, which breach is not cured within twenty (20) days after the Company receives notice from Executive describing the breach in reasonable detail and requesting cure, Executive’s obligations under Section 7(d) shall become null and void.
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Company Breaches. At DOCTOR's option, in the event COMPANY fails to make timely payments of the obligations it has undertaken, (ii) fails or refuses to account to DOCTOR for collection on amounts for services rendered, or (iii) is in default of any material obligations having an impact upon DOCTOR, then DOCTOR may by written notice to COMPANY terminate this Agreement if COMPANY has failed to cure such default within thirty (30) days of DOCTOR's written notice of such violation, provided if such breach cannot by its nature be reasonably cured within thirty (30) days 15 16 then COMPANY shall have such time as may be reasonable to cure the breach.
Sample 1
Company Breaches. At FACILITY's option, in the event COMPANY fails to make timely payments of the obligations it has undertaken, (ii) fails or refuses to account to FACILITY for collection on amounts for services rendered, or (iii) is in default of any material obligations having an impact upon FACILITY, then FACILITY may by written notice to COMPANY terminate this Agreement if COMPANY has failed to cure such default within thirty (30) days of FACILITY's written notice of such violation, provided if such breach cannot by its nature be reasonably cured within thirty (30) days then COMPANY shall have such time as may be reasonable to cure the breach.
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Related to Company Breaches

  • Company Breach Any other material breach by the Company of any material provision of this Agreement.

  • Seller’s Breach Upon discovery by a Responsible Officer of the Master Servicer, the Securities Administrator or the Trustee or notice to the Master Servicer, the Securities Administrator or the Trustee of any defective or missing document (as described in the related Sale Agreement) in a Trustee Mortgage Loan File, or of any breach by any Seller of any representation, warranty or covenant under the related Sale Agreement, which defect or breach materially and adversely affects the value of any Mortgage Loan or the interest of the Trust therein (it being understood that any such defect or breach shall be deemed to have materially and adversely affected the value of the related Mortgage Loan or the interest of the Trust therein if the Trust incurs a loss as a result of such defect or breach),the parties discovering or receiving notice of such defect or breach shall notify the Securities Administrator. Upon discovering or receipt of notice of such breach, the Securities Administrator shall promptly request that such Seller cure such breach and, if such Seller does not cure such defect or breach in all material respects by the end of the cure period specified in such Sale Agreement and any extension of the cure period granted as permitted by such Sale Agreement, shall enforce such Seller’s obligation under such Sale Agreement to purchase such Mortgage Loan from the Trustee. In the event any Servicer has breached a representation or warranty under the related Servicing Agreement that is substantially identical to a representation or warranty breached by a Seller, the Securities Administrator shall first proceed against such Servicer. If such Servicer does not within 60 days (or such other period provided in the related Servicing Agreement) after notification of the breach, either take steps to cure such breach (which may be evidenced by a certificate asking for an extension of time in which to effectuate a cure) or complete the purchase of the Mortgage Loan, then (i) the Securities Administrator, shall enforce the obligations of the Seller under the related Sale Agreement to cure such breach or to purchase the Mortgage Loan from the Trust, and (ii) such Seller shall succeed to the rights of the Securities Administrator to enforce the obligations of the Servicer to cure such breach or repurchase such Mortgage Loan under the Servicing Agreement with respect to such Mortgage Loan. Notwithstanding the foregoing, however, if any breach of a representation or warranty by the Servicer or of a Seller is a Qualification Defect, a cure or purchase must take place within 75 days of the Defect Discovery Date.

  • Material Breach Either party may, upon giving thirty (30) days written notice, terminate this Agreement for the other party’s breach of any of its material obligations under this Agreement, provided that the breaching party shall not have cured such breach within the thirty (30) day notice period.

  • Breach In the event of any actual or apparent theft, unauthorized use or disclosure of any Personally Identifiable Information, the Asset Representations Reviewer will commence all reasonable efforts to investigate and correct the causes and remediate the results thereof, and as soon as practicable following discovery of any such event, provide the Issuer and the Sponsor notice thereof, and such further information and assistance as may be reasonably requested.

  • Covenant Breaches The Borrower, any Guarantor or any of their respective Subsidiaries shall fail to (i) perform or observe any covenant contained in Section 5.02(a), Section 5.03, Section 5.06(e), Section 5.09, Section 5.12, or Article VI of this Agreement or (ii) fail to perform or observe any other term or covenant set forth in this Agreement or in any other Loan Document which is not covered by clause (i) above or any other provision of this Section 7.01 if such failure shall remain unremedied for 30 days after the occurrence of such breach or failure;

  • Breaches Buyer shall, in the event it has knowledge of the occurrence, or impending or threatened occurrence, of any event or condition which would cause or constitute a breach (or would have caused or constituted a breach had such event occurred or been known prior to the date hereof) of any of its representations or agreements contained or referred to herein, give prompt written notice thereof to Seller and use its best efforts to prevent or promptly remedy the same.

  • No Breaches The Corporation is not in violation of, and the consummation of the transactions contemplated hereby do not and will not result in any material breach of, any of the terms or conditions of any mortgage, bond, indenture, agreement, contract, license or other instrument or obligation to which the Corporation is a party or by which its assets are bound; nor will the consummation of the transactions contemplated hereby cause BMTS to violate any applicable statute, regulation, judgment, writ, injunction or decree of any court, threatened or entered in a proceeding or action in which the Corporation is, was or may be bound or to which any of the Corporation's assets are subject.

  • Breach by Employee Employee hereby expressly covenants and agrees that the Company will suffer irreparable damage in the event any provisions of Sections 10, 11 and 12 are not performed or are otherwise breached and that the Company shall be entitled as a matter of right to an injunction or injunctions and other relief to prevent a breach or violation by Employee and to secure its enforcement of Section 10, 11 and 12 resort to such equitable relief, however, shall not constitute a waiver of any other rights or remedies which the Company may have.

  • Event of Breach 7.1 The following circumstances shall be deemed Event of Default:

  • Termination by Executive Without Good Reason Executive may terminate his employment upon 30 days’ written notice to the Company. In the event Executive terminates his employment in this manner, he shall remain in the Company’s employ subject to all terms and conditions of this Agreement for the entire 30-day period unless instructed otherwise by the Company in writing.

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