Default Termination definition

Default Termination means a Termination pursuant to the provisions of Clause 52 (Termination Events).
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Default Termination means a termination of the Charter Period per Clause 39(i).
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Default Termination. The date of termination of this Lease arising out of or due to a Tenant Default.
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Examples of Default Termination in a sentence

  • Such facilities, special test equipment or special tooling shall not be subject to Government option rights to take title to the same except as specified in the DEFAULT, TERMINATION FOR THE CONVENIENCE OF THE GOVERNMENT, and/or PROGRESS PAYMENT clauses of this contract.

  • DEFAULT, TERMINATION, AND OTHER RELATED MATTERS(a) Are not currently in default status under any timber sale contract sold by the State Forester.

  • GC-80 – GC-81 14.3 DEFAULT TERMINATION ..........................................................

  • DEFAULT, TERMINATION, AND OTHER RELATED MATTERS (a) Are not currently in default status under any timber sale contract sold by the State Forester.

  • DEFAULT; TERMINATION OF CONTRACT: In the event that any of the provisions of this Contract are violated by the proposer or bidder such breach shall constitute a default.

  • ARTICLE XII — WITHDRAWAL, DEFAULT, TERMINATION, AND JUDICIAL ENFORCEMENT.

  • DEFAULT, TERMINATION, OTHER RELATED MATTERS (a) Are not currently in default status under any timber sale contract sold by the State Forester.

  • Any tampering, repair attempt or service completed by another party on the equipment listed in Proposal could result in the immediate cancellation of this agreement, and CLIENT could be liable for DEFAULT TERMINATION CHARGES under paragraph 1.3 of this Agreement.

  • DEFAULT; TERMINATION OF CONTRACT: In the event that any of the provisions of this Contract are violated by the bidder such breach shall constitute a default.

  • TERM; DEFAULT; TERMINATION: This term of this Agreement shall commence on the date first written above and shall conclude on December 31, 2022 without further action or notice by either party.


More Definitions of Default Termination

Default Termination shall have the meaning set forth in Subsection 2.3.2.
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Default Termination means an event of default or termination event with respect to a Relevant Master Agreement, after giving effect to all applicable notice, grace and cure periods, to the extent such event of default or termination event has not been irrevocably waived;
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Default Termination means a termination of this Agreement and the Employee's employment with the Company only as a result of one or more of the following:
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Default Termination if Buyer shall so notify Seller in writing within ten (10) days of Buyer having actual knowledge of the casualty or condemnation; or
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Default Termination. As defined in Section 6.6.
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Related to Default Termination

  • Potential Termination Event means an event which, with the giving of notice and/or the lapse of time, would constitute a Termination Event.

  • Additional Termination Event has the meaning specified in Section 5(b).

  • Event of Termination has the meaning specified in Section 7.01.

  • Company Termination Event means any of the following:

  • Forbearance Termination Event has the meaning set forth in Section 3(a) hereto.

  • Automatic Termination shall have the meaning set forth in Section 2.3.2.

  • Commitment Termination Event means (a) the occurrence of any Event of Default described in clauses (a) through (d) of Section 8.1.9, or (b) the occurrence and continuance of any other Event of Default and either (i) the declaration of the Loans to be due and payable pursuant to Section 8.3, or (ii) in the absence of such declaration, the giving of notice to the Borrower by the Administrative Agent, acting at the direction of the Required Lenders, that the Commitments have been terminated.

  • Swap Termination Event means the occurrence of a “Termination Event” under the Swap Agreement, as defined in the Swap Agreement.]

  • ERISA Termination Event means (i) a “Reportable Event” described in Section 4043 of ERISA and the regulations issued thereunder (other than a “Reportable Event” not subject to the provision for 30-day notice to the PBGC under such regulations), or (ii) the withdrawal of a Borrower or any of its ERISA Affiliates from a “single employer” Plan during a plan year in which it was a “substantial employer”, both of such terms as defined in Section 4001(a) of ERISA, or (iii) the filing of a notice of intent to terminate a Plan or the treatment of a Plan amendment as a termination under Section 4041 of ERISA, or (iv) the institution of proceedings to terminate a Plan by the PBGC or (v) any other event or condition which might constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Plan or (vi) the partial or complete withdrawal of a Borrower or any ERISA Affiliate of such Borrower from a “multiemployer plan” as defined in Section 4001(a) of ERISA.

  • Normal Termination means termination of employment or service with the Company and Affiliates:

  • Control Termination Event shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement.

  • Incipient Event of Termination means an event that but for notice or lapse of time or both would constitute an Event of Termination.

  • Partial Termination has the meaning set forth in the Section 6.3(a).

  • Early Termination Event has the meaning specified in Section 9.2.

  • Unmatured Termination Event means an event that, with the giving of notice or lapse of time, or both, would constitute a Termination Event.

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Consultation Termination Event shall have the meaning assigned to such term or an analogous term in the Servicing Agreement.

  • Employer default means having an outstanding balance or liability to the old fund or to the uninsured employers' fund or being in policy default, as defined in W. Va. Code § 23-2c-2, failure to maintain mandatory workers' compensation coverage, or failure to fully meet its obligations as a workers' compensation self-insured employer. An employer is not in employer default if it has entered into a repayment agreement with the Insurance Commissioner and remains in compliance with the obligations under the repayment agreement.

  • Anticipatory Termination means a termination of employment where PNC terminates your employment with PNC (other than for Misconduct or Disability) prior to the date on which a Change of Control occurs, and you reasonably demonstrated that such termination of employment (i) was at the request of a third party that has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or in anticipation of a Change of Control.

  • Terminating Event means any of the following events:

  • Parent Termination Fee has the meaning set forth in Section 7.3(b).

  • Termination Fee Event has the meaning ascribed thereto in Section 5.2(a);

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Post-Termination Period means the twelve (12) month period beginning on the Termination Date.