DEFAULT OR INSOLVENCY a) If the Sub-Contractor commits an Event of Default the Contractor may give the Sub-Contractor a written notice setting out:
DEFAULT OR INSOLVENCY. Delete the existing text of paragraph (e) of subclause 39.2 and insert: '(e) in respect of subclauses 37.1 and 38.1, failing to provide a statutory declaration or documentary evidence or providing a statutory declaration or documentary evidence which is false, misleading or deceptive in any material respect; and
DEFAULT OR INSOLVENCY a. If the Sub-Contractor commits an Event of Default Total may give the Sub-Contractor a written notice setting out:
DEFAULT OR INSOLVENCY. If a petition in bankruptcy should be filed by CARRIER, or if CARRIER should be adjudicated as bankrupt, or if CARRIER should make a general assignment for the benefit of creditors, or if a receiver should be appointed on account of the insolvency of CARRIER, SHIPPER may, without prejudice to any other right of remedy, terminate this Agreement upon giving CARRIER at least five (5) days prior written notice to such termination. CARRIER shall have the same rights as SHIPPER under this item.
DEFAULT OR INSOLVENCY. Insert a new sub-subparagraph in subclause 25.2(a) as follows:
DEFAULT OR INSOLVENCY. In addition to expiration of this Agreement pursuant to Section 4.1, this Agreement may be terminated by written notice to the other parties as follows: (a) Service Company may terminate this Agreement if at any time IBP fails to pay any undisputed Service Fee (other than due to any limitation on the amount of such fees that may be paid by IBP during the continuation of an event of default under the Financing Documents) and such failure continues for a thirty (30) day period after written notice of such failure to IBP; and (b) either IBP, with the prior written approval of the Investors, or the Investors may terminate this Agreement if at any time Service Company materially fails to provide the Services in accordance with the provisions of this Agreement and such material failure continues for a thirty (30) day period after written notice of such failure to Service Company.
DEFAULT OR INSOLVENCY. 44.5 In clause 44.5, add the following paragraph at the end of the clause: “If the Principal takes work out of the hands of the Contractor under clause 44.4 (a) upon receipt of any such notice, the Contractor shall at the Contractor’s own cost, unless the notice requires otherwise:
DEFAULT OR INSOLVENCY. If a petition in bankruptcy should be filed by Carrier, or if Carrier should be adjudicated as bankrupt, or if Carrier should make a general assignment for the benefit of creditors, or if a receiver should be appointed on account of the insolvency of Carrier, Shipper may, without prejudice to any other right of remedy, terminate this Agreement upon giving Carrier at least five (5) days prior written notice to such termination. Carrier shall have the same rights as Shipper under this Section 8(b).
DEFAULT OR INSOLVENCY. 4.5.4.1 If the Contractor defaults in the performance of its obligations under the Contract or refuses or neglects to comply with any direction given in writing in accordance with the Contract, LGL may issue to the Contractor a Show Cause Notice, in a similar form to Appendix 5/R, requiring the Contractor to show cause in writing why the powers hereinafter contained should not be exercised. Such notice shall specify the period (which shall not be less than three (3) days after service of notice) by which the Contractor is required to show cause as aforesaid. If the Contractor fails to show cause to the satisfaction of the Engineering Manager, why the powers hereinafter contained should not be exercised, LGL, without prejudice to any other rights or remedies that it may have against the Contractor, by notice in writing may:
DEFAULT OR INSOLVENCY
