Cause a Default Sample Clauses
The 'Cause a Default' clause defines specific actions or omissions by a party that will trigger a default under the agreement. Typically, this clause outlines behaviors such as failing to make payments, breaching material terms, or becoming insolvent, which, if they occur, give the non-defaulting party certain rights or remedies. By clearly identifying what constitutes a default, this clause helps prevent ambiguity and ensures that both parties understand the consequences of certain actions, thereby allocating risk and providing a mechanism for addressing breaches of contract.
Cause a Default. Take any action which would cause the Purchaser to be in default under the Indenture, a copy of which has been furnished to the Seller.
Cause a Default. To the actual knowledge of Seller, the execution, delivery and performance of this Agreement and the consummation of the transactions contemplated herein will not result in a default under, or cause the acceleration or the maturity of any obligation, loan, mortgage, lien, agreement, instrument, order, arbitration award, judgment or decree to which Seller is a party.