DEFAULT BY THE LICENSEE Sample Clauses

The "Default by the Licensee" clause defines the consequences and procedures that apply if the licensee fails to fulfill their obligations under the agreement. Typically, this clause outlines what constitutes a default, such as non-payment of fees, unauthorized use of licensed materials, or breach of confidentiality, and may specify notice and cure periods before further action is taken. Its core function is to protect the licensor by providing clear remedies and steps to address breaches, thereby ensuring accountability and offering a structured process for resolving issues or potentially terminating the agreement if defaults are not remedied.
DEFAULT BY THE LICENSEE. 13.1 The Licensor reserves the right to take possession of the Room or Studio if: (a) the Licence Fees or any part of it is unpaid for fourteen days after it is due whether formally demanded or not; (b) there is a breach of any of the Licensee’s obligations under this Licence; (c) the Licensee is declared bankrupt under the Bankruptcy ▇▇▇ ▇▇▇▇; or (d) The Licensee’s status as an enrolled student of a university shall terminate or be suspended for any reason whatsoever. 13.2 If the Licensor re-enters the Room or Studio pursuant to this clause 13 then the Licence shall immediately end. Any right or remedy of the Licensor in respect of any breach of the terms of this Licence by the Licensee will remain in force. 13.3 If the Licensee breaches this Licence or fails to fulfil any of its obligations under this Licence, the Licensee shall pay any reasonable costs properly incurred by the Licensor in remedying such breaches or in connection with the enforcement of those obligations.
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DEFAULT BY THE LICENSEE. Ultra may terminate this Agreement, prior to its expiration, and notwithstanding the provisions of this Agreement, only on account of a material breach of this Agreement by the Licensee. As used herein, the phrase MATERIAL BREACH shall mean:
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DEFAULT BY THE LICENSEE. 15.1 In any case where: (a) The annual Licence Fee or any other money payable to the Council under this licence has not been paid within 14 days of the due date for payment (time being of the essence); or (b) The Licensee shall be adjudged bankrupt or placed in receivership or be subject to a resolution or order for winding up; or (c) The Council is of the opinion that the Premises are not being used or sufficiently used for the Business Use; or (d) The Licensee is the subject of repeated complaints by users of the Course in relation to all or any of the matters listed in clause 8.2(b). (e) The Licensee consistently fails, over a period of not less than 12 months (except in circumstances of unanticipated Course closure for reasons beyond the control of the Licensee) to achieve the performance targets set by the annual plan and budget in accordance with clause 10.2(n). (f) The Licensee is in breach of any of the Licensee’s other obligations under this agreement and fails to remedy that breach within any reasonable period specified by the Council in a written notice requiring the remedy of the breach; THEN, it shall be lawful for the Council immediately, or at any time thereafter, without notice or further notice as the case may be by notice in writing to the Licensee to cancel this agreement in its entirety. The Licensee shall not however be released by such cancellation from liability to perform all of the Licensee’s obligations under this agreement up to the date of cancellation.
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Related to DEFAULT BY THE LICENSEE

  • Default by the Company If the Company shall fail at Closing Time or at the Date of Delivery to sell the number of Securities that it is obligated to sell hereunder, then this Agreement shall terminate without any liability on the part of any nondefaulting party; provided, however, that the provisions of Sections 1, 4, 6, 7 and 8 shall remain in full force and effect. No action taken pursuant to this Section shall relieve the Company from liability, if any, in respect of such default.

  • Default by Developer Developer shall be in default under this Agreement (a) Developer fails to make any of the payments of money required by the terms of this Agreement, and Developer fails to cure or remedy the same within ten (10) days after the City has given Developer written notice specifying such default; or (b) Developer fails to keep or perform any covenant or obligation herein contained on Developer's part to be kept or performed, and Developer fails to remedy the same within thirty (30) days after the City has given Developer written notice specifying such failure and requesting that it be remedied; provided, however, that if any event of default shall be such that it cannot be corrected within such period, it shall not constitute an event of default if corrective action is instituted by Developer within such period and diligently pursued until the default is corrected; or (c) Without limiting the generality of the foregoing, Developer shall assign or transfer the Project and/or this Agreement in violation of the terms and conditions set forth in Article V; or (d) Developer shall file a voluntary petition under any bankruptcy law or an involuntary petition under any bankruptcy law is filed against any such party in a court having jurisdiction and said petition is not dismissed within thirty (30) days or Developer, makes an assignment for the benefit of its creditors; or a custodian, trustee or receiver is appointed or retained to take charge of and manage any substantial part of the assets of Developer and such appointment is not dismissed within sixty (60) days; or any execution or attachment shall issue against Developer whereupon the District, or any part thereof, or any interest therein of Developer under this Agreement shall be taken and the same is not released prior to judicial sale thereunder (each of the events described in this subsection being deemed a default under the provisions of this Agreement); or (e) Developer breaches the representations and warranties set forth in this Agreement and fails to cure or correct same within thirty (30) days of notice from the City.

  • Default by Owner If one or more of the following Events of Default shall occur and be continuing, that is to say: (a) breach by Owner of the representations, warranties and covenants of the Owner as set forth in Section 6.02 above); then, and in each and every such case (except in instances where the Event of Default has been cured within thirty (30) days after the date on which written notice of such default, requiring the same to be remedied, shall have been given to the Owner by the Servicer), the Servicer, by notice in writing to the Owner, may immediately terminate all of its responsibilities, duties and obligations as servicer under this Agreement. On or after the receipt by the Owner of such written notice, all responsibilities, duties and obligations of the Servicer to service the Mortgage Loans under this Agreement shall on the date set forth in such notice pass to and be vested in the successor appointed pursuant to Section 10 herein.

  • Default by Seller Except as specifically provided elsewhere in this Contract, in the event that Seller fails to consummate this Contract or if Seller fails to perform any of Seller's other material obligations hereunder either prior to or at the Closing and such failure or refusal results from any reason other than the termination of this Contract by Purchaser pursuant to a right to terminate expressly set forth in this Contract or Purchaser's failure to perform Purchaser's obligations under this Contract, Purchaser may as its only remedy either (i) terminate this Contract by giving written notice thereof to Seller prior to or at the Closing, in which event Purchaser will be entitled to a return of the Deposit Note, whereupon neither party hereto will have any further rights or obligations hereunder, except (a) that Seller will authorize the Title Company to deliver to Purchaser the Deposit Note and Title Company will deliver the Deposit Note to Purchaser free of any claims by Seller or any other person with respect thereto, (b) that Seller shall reimburse Purchaser for its out of pocket costs associated with the negotiation and preparation of this Agreement and its examination of the Property, including, the fees and disbursements of its counsel, advisers, and agents, and (c) for provisions which survive Closing by their terms or (ii) enforce specific performance of Seller's duties and obligations under this Contract, provided that the right to enforce specific performance shall not require Seller to remove any title encumbrances placed on the Property after the Effective Date or require Seller to perform any covenant beyond the then current ability of Seller. In the event Purchaser fails to file an action for specific performance of this Contract on or before ninety (90) days after the date of such non-performance, Purchaser shall be deemed to have elected to proceed under clause (i) above and shall be deemed to have waived its right to enforce specific performance of this Contract.

  • Default by Contractor To the maximum extent permitted by applicable law, failure to comply with any of the terms and/or conditions of this Contract, including these General Conditions, shall constitute default by Contractor and grounds for termination of this Contract. Contractor shall be liable for any and all damages suffered by District due to the failure by Contractor or Contractor’s subcontractor(s) to comply with this Contract.