Contractor Events of Default Sample Clauses

Contractor Events of Default. Any one or more of the following events shall, after the required notice(s) and opportunity to cure, constitute an “Event of Default” on the part of Contractor. The following list is not all- inclusive.

Contractor Events of Default. The occurrence of any one or more of the following events shall constitute an event of default by Contractor hereunder (“Contractor Event of Default”): (a) any of the following (each a “Bankruptcy or Insolvency Event”) occurs (i) Contractor consents to the appointment of or taking possession by, a receiver, a trustee, custodian, or liquidator of itself or of a substantial part of its assets, or fails or admits in writing its inability to pay its debts as they become due, or makes a general assignment for the benefit of creditors; (ii) Contractor files a voluntary petition in bankruptcy or a voluntary petition or an answer seeking reorganization in a proceeding under any applicable bankruptcy or insolvency laws of any jurisdiction, whether now or hereafter in effect, or files an answer admitting the material allegations of a petition filed against it in any such proceeding, or seeks relief by voluntary petition, answer or consent, under the provisions of any now existing or future bankruptcy, insolvency or other similar law of any jurisdiction, whether now or hereafter in effect, providing for the liquidation, reorganization, or winding up of corporations, or providing for an agreement, composition, extension, or adjustment with creditors; (iii) a substantial part of Contractor’s assets is subject to the appointment of a receiver, trustee, liquidator, or custodian by court order and such order shall remain in effect for more than thirty (30) days; or (iv) Contractor is adjudged bankrupt or insolvent, has any property sequestered by court order and such order shall remain in effect for

Contractor Events of Default. The following list is non-exhaustive. Any one or more of the following events shall constitute an “Event of Default” on the part of Contractor: (a) Contractor fails to pay any sum of money required hereunder within thirty (30) calendar days after receipt of written notice that the same is due; or (b) Contractor fails to provide the Services required under this Contract or fails to meet any of the performance metrics established in accordance with Section 2; or (c) Contractor employs an unauthorized alien in the performance of any work under this Contract; or (d) Contractor fails to correct Contractor’s work that the State has rejected as unacceptable or unsuitable; or (e) Contractor unilaterally discontinues the performance of the work required under this Contract; or (f) Contractor fails to resume work that has been discontinued within a reasonable time after notice to do so; or (g) Contractor fails to promptly pay any and all taxes or assessments imposed by and legally due the State or federal government; or (h) Contractor made or has made a material misrepresentation or omission in any materials provided to State; or (i) Contractor commits any material breach of this Contract; or (j) Contractor transfers ownership in violation of this Contract; or (k) Contractor utilizes a subcontractor in the performance of the work required by this Contract which has been placed on the State's Convicted Contractors List; or (l) Contractor is suspended or is removed as an authorized contractor by any state or federal agency or Contractor is convicted of a felony.

Contractor Events of Default. ‌ Any one (1) or more of the following events by Contractor, which is not cured within ten

Contractor Events of Default. Any one (1) or more of the following events by Contractor, which is not cured within ten (10) Calendar Days after receipt of notice thereof by the Department, may constitute an “Event of Default” on the part of Contractor:

Contractor Events of Default. Contractor shall be in default of its obligations under this Agreement if any of the following events arise or exist and is continuing and Contractor shall fail to remedy the same within [***] Days after Owner’s Notice of the occurrence of such event, or if such remedy cannot reasonably be completed in such time, Contractor shall fail promptly to commence and diligently (a) pursue remedial action within such period and (b) conclude such action as soon as practicable (and in any event within [***] Days after the occurrence of such event); provided, however, that (i) no such cure period shall be allowed as to Sections 31.1.1, 31.1.3, 31.1.7 and 31.1.16 and (ii) with respect to Sections 31.1.2, 31.1.6 and 31.1.9 the sole cure period shall be as set forth therein: 31.1.1 Contractor or Contractor Guarantor commences any case, proceeding or other action seeking reorganization, arrangement, adjustment, liquidation, dissolution or composition of itself or its debts or assets, or adopts an arrangement with or makes an assignment for the benefit of creditors, under any bankruptcy, moratorium, rearrangement, insolvency, reorganization or similar law for the relief of creditors or affecting the rights or remedies of creditors in general or is declared insolvent or Contractor or Contractor Guarantor conceals or removes any part of its property with the intent to hinder, delay or defraud its creditors, or makes or suffers any transfer of its property which may be fraudulent under applicable Law, or admits in writing its inability to pay its debts; 31.1.2 there shall be instituted against Contractor or Contractor Guarantor any case, proceeding or action seeking reorganization, arrangement, adjustment, liquidation, dissolution or composition of Contractor or Contractor Guarantor or its debts or assets, which shall not have been terminated, stayed or dismissed within [***] Days after commencement, or a trustee, receiver, custodian or other like official is appointed for or to take possession of all or any part of the property or assets of Contractor or Contractor Guarantor, or Contractor or Contractor Guarantor generally does not pay its debts as they become due; 31.1.3 Contractor assigns or transfers this Agreement or any of its rights or interests herein, except as expressly permitted hereunder, or the Contractor Guarantor assigns or transfers the Contractor Guarantee to which it is a party; 31.1.4 Contractor disregards or fails to comply with any Laws, Permit, Applicabl...

Contractor Events of Default. The occurrence and continuation of any of the following events shall constitute an event of default by Contractor (each a "Contractor Event of Default"): (a) the failure of Contractor to achieve Phase I Commercial Operation by the Phase I Guaranteed Commercial Operation Date and maintain sufficient schedule progress subject to the provisions of 5.02(d) (in the opinion of the Independent Engineer), that will result in achieving Phase I Commercial Operation by December 1, 2000; (b) the failure of Contractor to pay Scheduled Liquidated Damages as required herein; (c) the failure of Contractor to achieve Final Acceptance within 180 days, after the Phase II Guaranteed Commercial Operation Date; (d) the failure of Contractor to achieve the Mechanical Completion of Phase I Milestone and to provide a recovery plan, consistent with the requirements of 5.02(d), that demonstrates, to the satisfaction of the Independent Engineer within sixty (60) days, that Contractor can achieve Phase I Commercial Operation by December 1, 2000; (e) the failure of Contractor to maintain Minimum Performance Levels after Commercial Operation and prior to Final Acceptance; (f) if between Commercial Operation and Final Acceptance, each Plant is not capable of being operated in accordance with Plant Operating Procedures and all applicable permits, and other requirements of the Agreement, and all operating conditions specified in the Scope of Work; (g) any failure by Contractor to make any payment or payments required to be made to Owner under this Agreement within ten (10) days after receipt of written notice from Owner of Contractor's failure to make such payment or payments, except where such payment or payments are disputed by Contractor in good faith; (h) any breach by Contractor of any representation or warranty contained herein, or any obligation, covenant or agreement hereunder not otherwise specified herein, including any event of default under Section 15.01(e) or Section 15.01(f) and (i) such breach is not cured by Contractor within fifteen (15) days after notice thereof from Owner, or (ii) if such breach is not capable of being cured within such fifteen (15) day period (as determined by Owner in its sole discretion), Contractor (A) fails to commence to cure such breach within such fifteen (15) day period, (B) fails to thereafter diligently proceed to cure such breach in a manner satisfactory to Owner in its sole discretion or (C) fails to cure such breach within ninety (90) days ...

Contractor Events of Default. 66 15.2 Termination by Company Due to Contractor Default; Other Remedies. ...... 68 15.3 Termination by Company for Convenience. ................................................. 69 15.4 Suspension by Company for Convenience. ................................................... 70 15.5 Termination Due to Force Majeure Event. .................................................... 71 15.6

Contractor Events of Default. ‌ Any one (1) or more of the following events by Contractor, which is not cured within ten (10) Calendar Days after receipt of notice thereof by the Department shall constitute an “Event of Default” on the part of Contractor: (a) Contractor fails to pay any sum of money due hereunder; (b) Contractor fails to provide the Services required under this Contract; (c) Contractor employs an unauthorized alien in the performance of any work required under this Contract; (d) Contractor fails to correct work that the Department has rejected as unacceptable or unsuitable; (e) Contractor discontinues the performance of the work required under this Contract; (f) Contractor fails to resume work that has been discontinued within the time prescribed by the Department in its notice; (g) Contractor abandons the project; (h) Contractor becomes insolvent or is declared bankrupt; (i) Contractor files for reorganization under the bankruptcy code; (j) Contractor commits any other action towards the initiation of bankruptcy or insolvency proceedings, either voluntarily or involuntarily; (k) Contractor fails to promptly pay any and all taxes or assessments imposed by and legally due the Department, State or federal government; (l) Contractor makes an assignment for the benefit of creditors without the approval of the Department; (m) Contractor makes or has made a material misrepresentation or omission in any materials provided to the Department; (n) Contractor commits any material breach of this Contract; (o) Contractor transfers ownership in violation of the Contract; (p) Contractor fails to furnish and maintain the performance bond; (q) Contractor fails to procure and maintain the required insurance policies and coverages required by this Contract; (r) The Department determines that the surety company issuing a bond securing Contractor’s performance of its obligations hereunder becomes insolvent or unsatisfactory; (s) Contractor utilizes a Subcontractor in the performance of the work required by this Contract, which has been placed on the State’s Convicted Vendor List or Discriminatory Vendor List; (t) Contractor is suspended or is removed as an authorized Contractor by any State or federal agency; or Contractor is convicted of a felony; is placed on the State’s Convicted Vendor List or Discriminatory Vendor List; or has its license is suspended or revoked; (u) Contractor refuses to allow public access to all documents, papers, letters or other material subject to the provisions...