Common use of Default by Customer Clause in Contracts

Default by Customer. The occurrence of any one or more of the following events shall constitute a non-exclusive event of default (the "Event of Default") pursuant to the terms of this Agreement. 14.1.1 Customer fails to pay any amount when due; 14.1.2 Any representation by Customer is discovered to be materially misleading or inaccurate, or Customer fails to perform any material covenant, agreement, obligation, term or condition contained herein; 14.1.3 Customer terminates or cancels this Agreement or any portion thereof, except as expressly permitted in this Agreement; 14.1.4 Customer ceases to do business as a going concern, makes an assignment for the benefit of creditors, admits in writing its inability to pay debts as they become due, acquiesces in the appointment of a trustee, receiver or liquidator for it or any substantial part of its assets or properties, or executes an agreement to sell all or substantially all of its assets without obtaining the consent for assignment of this Agreement under Article . 14.1.5 Customer fails to secure and maintain Airlines Reporting Corporation ("ARC") accreditation for ticketing of reservations; 14.1.6 Events of Default described in , and shall not be cause for termination if Customer cures such failure within fifteen (15) days after date of written notice from Sabre. If Customer cures its failure as provided in this provision, said failure shall not be considered to be an Event of Default for the purposes of Article .

Default by Customer. The occurrence of any one or more of the following events shall constitute a non-exclusive event of default (the "Event of Default") pursuant to the terms of this Agreement. 14.1.1 Customer fails to pay any amount when due; 14.1.2 Any representation by Customer is discovered to be materially misleading or inaccurate, or Customer fails to perform any material covenant, agreement, obligation, term or condition contained herein; 14.1.3 Customer terminates or cancels this Agreement or any portion thereof, except as expressly permitted in this Agreement; 14.1.4 Customer ceases to do business as a going concern, makes an assignment for the benefit of creditors, admits in writing its inability to pay debts as they become due, acquiesces in the appointment of a trustee, receiver or liquidator for it or any substantial part of its assets or properties, or executes an agreement to sell all or substantially all of its assets without obtaining the consent for assignment of this Agreement under Article 13.1. 14.1.5 Customer fails to secure and maintain Airlines Reporting Corporation ("ARC") accreditation for ticketing of reservations; 14.1.6 Events of Default described in 14.1.1, 14.1.2 and 14.1.4 shall not be cause for termination if Customer cures such failure within fifteen (15) days after date of written notice from SabreTSG. If Customer cures its failure as provided in this provision, said failure shall not be considered to be an Event of Default for the purposes of Article 14.2.

Default by Customer. The occurrence of any one or more of the following events shall constitute a non-exclusive event of default (the "Event of Default") pursuant to the terms of this Agreement.: 14.1.1 Customer fails falls to pay any amount when due; 14.1.2 Any representation by Customer is discovered to be materially misleading or inaccurate, or Customer fails to perform any material covenant, agreement, obligation, term or condition contained herein; 14.1.3 Customer terminates or cancels this Agreement or any portion thereof, except as expressly permitted in this Agreement; 14.1.4 Customer ceases to do business as a going concern, makes an assignment for the benefit of creditors, admits in writing its inability to pay debts as they become due, acquiesces in the appointment of a trustee, receiver or liquidator for it or any substantial part of its assets or properties, or executes an agreement to sell all or substantially all of its assets without obtaining the consent for assignment of this Agreement under Article .0; 14.1.5 Customer fails to secure and maintain Airlines Reporting Corporation ("ARC") accreditation for ticketing of reservations; 14.1.6 Events of Default described in 0, 0 and 0 shall not be cause for termination if Customer cures such failure within fifteen (15) days after date of written notice from SabreTSG. If Customer cures its failure as provided in this provision, said failure shall not be considered to be an Event of Default for the purposes of Article 0.

Default by Customer. The occurrence of any one or more of the following events shall constitute a non-exclusive event of default (the "Event of Default") pursuant to the terms of this Agreement. 14.1.1 Customer fails to pay any amount when duewithin 60 days of the due date; 14.1.2 Any representation by Customer is discovered to be materially misleading or inaccurate, or Customer fails to perform any material covenant, agreement, obligation, term or condition contained herein; 14.1.3 Customer terminates or cancels this Agreement or any portion thereof, except as expressly permitted in this Agreement;; 11 14.1.4 Customer ceases to do business as a going concern, makes an assignment for the benefit of creditors, admits in writing its inability to pay debts as they become due, acquiesces in the appointment of a trustee, receiver or liquidator for it or any substantial part of its assets or properties, or executes an agreement to sell all or substantially all of its assets without obtaining the consent for assignment of this Agreement under Article 13.1. 14.1.5 Customer fails to secure and maintain Airlines Reporting Corporation ("ARC") accreditation for ticketing of reservations; 14.1.6 Events of Default described in 14.1.1, 14.1.2, 14.1.4 and 14.1.5 shall not be cause for termination if Customer cures such failure within fifteen thirty (1530) days after date of written notice from SabreTSG. If Customer cures its failure as provided in this provision, said failure shall not be considered to be an Event of Default for the purposes of Article 14.2.