Default Conditions Sample Clauses

Default Conditions. As soon as possible, and in any event within five (5) days after the occurrence of any Lease Default, or any event or circumstance which, with the giving of notice or the passage of time, or both, could constitute a Lease Default, a written statement of the Lessee setting forth the details of such Lease Default, event or circumstance and the action which the Lessee proposes to take with respect thereto.
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Default Conditions. Any of the following events shall be considered a Default Condition:
Default Conditions. As soon as possible, and in any event within five (5) Business Days after the occurrence of any Lease Default, or any event or circumstance which, with the giving of notice or the passage of time, or both, could constitute a Lease Default, a written statement of the Lessee setting forth the details of such Lease Default, event or circumstance and the action which the Lessee proposes to take with respect thereto.
Default Conditions. If the Supplier: (i) breaches any provision of the Agreement; (ii), becomes insolvent, enters voluntary or involuntary bankruptcy, or receivership proceedings, or makes an assignment for the benefit of creditors; or (iii) is in violation of any state or federal law (collectively, “event(s) of default”), HISD will have the right, without limiting any other rights or remedies that it may have in the Agreement or by law, to terminate the Agreement with ten (10) days prior written notice to the Supplier. HISD will then be relieved of all obligations, except to pay the reasonable value of the Supplier’s prior performance up to the date of termination, satisfactory to HISD, at a cost not exceeding the agreement rate and subject to any claims, costs and expenses incurred by HISD as a result of Supplier default. In the event of default, HISD is expressly authorized to obtain the goods or services that would have been provided by Supplier under this Agreement from an alternative source. The Supplier will be liable to HISD for all costs exceeding the Agreement price that HISD incurs in completing or procuring the services and goods as provided for in the Agreement. HISD’s right to require strict performance of any obligation in the Agreement will not be affected by any previous waiver, forbearance, or course of dealing.
Default Conditions. The following events shall constitute a Default by a party:
Default Conditions. Each of the following events constitutes a default and breach of this Lease by Tenant:
Default Conditions. In case of default by the contractor, the Charter Township of Chesterfield may procure the articles or services from other sources and hold the bidder responsible for any excess cost occasioned thereby. In case of error by the bidder relating to a Contract, the Township may, by discretion upon presentation of a written explanation by the bidder substantiating the error, reject the Contract and award to the next qualified bidder. Such error may be subject to default conditions.
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Default Conditions. As soon as possible and in any event within five (5) Business Days after the occurrence of any Lease Default or Future Financing Default or any event or state of facts which, with the giving of notice or lapse of time or both, could constitute a Lease Default or Future Financing Default, a written statement of the Seller setting forth details of such Lease Default, Future Financing Default, or event and the action which the Seller proposes to take with respect thereto.
Default Conditions. As soon as possible, and in the event within five (5) days after Lessee or Guarantor obtain knowledge of any Event of Default under the Lease, or any event or state of facts which, with the giving of notice or lapse of time, or both, will constitute an Event of Default, a written statement of Lessee setting forth the details of such Event of Default, event or state of fact and the action which Lessee has taken or proposes to take with respect thereto.
Default Conditions. As soon as possible, and in any event within five (5) days after the occurrence of any Lease Default, or any event or circumstance which, with the
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