Termination for Events of Default Sample Clauses

Termination for Events of Default. Subject to the provisions of Section 14.11, the Parties shall have the following termination rights:
Sample 1
AutoNDA by SimpleDocs
Termination for Events of Default. The non-defaulting Party may terminate this Agreement for Events of Default pursuant to Section 10.
Sample 1
Termination for Events of Default. After any Event of Default has occurred, the Transmission Administrator may forthwith, in addition to any other remedy as permitted by law, by notice to the Generating Facility Owner:
Sample 1
Termination for Events of Default. In the event either Party defaults (including the failure to make one hundred percent (100%) of License Fee payments due, irrespective of any termination, but subject to proration and reimbursement as described in Section 1.27) in the performance of any of its material obligations hereunder or becomes insolvent, or a petition under any bankruptcy act shall be filed by or against the Party (which petition, shall not have been dismissed within sixty (60) days thereafter), or a Party executes an assignment for the benefit of creditors, or a receiver is appointed for the assets of the Party, or the Party takes advantage of any applicable insolvency or reorganization or any other like statute (each of the above acts is hereinafter referred to as an “Event of Default”), and the Party which has committed the Event of Default fails to cure such Event of Default within thirty (30) days (ten (10) days for payment obligations) (assuming such breach is curable) after delivery by the other Party of written notice of an Event of Default, then the other Party may, in addition to any and all other rights which it may have hereunder, immediately terminate this Agreement by giving written notice to the Party which has committed the Event of Default.‌
Sample 1
Termination for Events of Default. If an Owner Event of Default or a HES Event of Default is not cured within the applicable cure period provided above, after the non-defaulting Party notifies the defaulting Party of its intent to terminate this CCA, then the non-defaulting Party may terminate this CCA by providing notice to the defaulting Party. Whether or not this CCA is terminated, the non-defaulting Party may assert any claims available to it under this CCA or Applicable Law, so as to recover actual damages against the defaulting Party. If this CCA is terminated by Owner as a result of a HES Event of Default, then Owner may elect as its remedy for the HES Event of Default for HES to pay Owner the Early Termination Payment (Exhibit N) and upon such payment, HES shall acquire the Facility on an AS IS, WHERE IS BASIS WITH ALL FAULTS AND WITHOUT ANY EXPRESS OR IMPLIED WARRANTIES (except for a warranty of title and the existence of no liens).
Sample 1
Termination for Events of Default. In addition to any other right or remedy available at law or in equity, either Party may, upon written notice to the other Party, terminate this Agreement if any one or more of the Events of Default of the other Party described in this Article 12 occurs and is not cured within the cure periods set forth herein. Except as expressly provided in this Agreement, nothing in this Agreement shall be construed to limit any right or remedy available at law or in equity to the Parties, including the right to any and all damages for any breach or other failure to perform hereunder, subject to section 18.1. All remedies in this Agreement shall survive the expiration or termination of this Agreement and are cumulative.
Sample 1
Termination for Events of Default. Notwithstanding any provision to the contrary contained in this Agreement, HNS may terminate this Agreement immediately and have no further
Sample 1
AutoNDA by SimpleDocs
Termination for Events of Default. (a) Any Party electing to terminate this Agreement for an Event of Default shall give the other Parties notice of the termination date, which shall be not less than thirty (30) days from the date the notice is given, unless sooner allowed by this Agreement.
Sample 1
Termination for Events of Default 
Sample 1Sample 2

Related to Termination for Events of Default

  • Events of Default and Termination Events (i) The following provisions of Section 5 will not apply to either Party A or Party B: Section 5(a)(ii) Section 5(a)(iii) Section 5(a)(iv) Section 5(a)(v) Section 5(a)(vi) Section 5(b)(iii) Section 5(b)(iv)

  • Termination Events This Agreement may, by notice given prior to or at the Closing, be terminated:

  • Certain Events of Default The following Events of Default will apply to the parties as specified below, and the definition of “Event of Default” in Section 14 is deemed to be modified accordingly:

  • Additional Events of Default The parties hereto acknowledge, confirm and agree that the failure of Borrower or any Guarantor to comply with any of the covenants, conditions and agreements contained herein or in any other agreement, document or instrument at any time executed by Borrower or any Guarantor in connection herewith shall constitute an Event of Default under the Financing Agreements.

  • Lease Events of Default The following events shall constitute Lease Events of Default hereunder (whether any such event shall be voluntary or involuntary or come about or be effected by operation of law or pursuant to or in compliance with any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body) and each such Lease Event of Default shall be deemed to exist and continue so long as, but only as long as, it shall not have been remedied:

  • Notice of Events of Default The Issuer shall give a Responsible Officer of the Indenture Trustee and each Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement.

  • Additional Termination Events The following Additional Termination Events will apply:

  • Listing of Events of Default Each of the following events or occurrences described in this Section 8.1 shall constitute an "Event of Default".

  • Waiver of Events of Default The Holders representing at least 66% of the Voting Rights affected by a default or Event of Default hereunder may waive such default or Event of Default; provided, however, that (a) a default or Event of Default under clause (i) of Section 7.01 may be waived only by all of the Holders of Certificates affected by such default or Event of Default and (b) no waiver pursuant to this Section 7.04 shall affect the Holders of Certificates in the manner set forth in Section 11.01(b)(i) or (ii). Upon any such waiver of a default or Event of Default by the Holders representing the requisite percentage of Voting Rights affected by such default or Event of Default, such default or Event of Default shall cease to exist and shall be deemed to have been remedied for every purpose hereunder. No such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon except to the extent expressly so waived.

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