Common use of Default by User Clause in Contracts

Default by User. > (a) if there is any adverse change in the business or financial condition of <User> or an event occurs which could, in <Service Provider>’s reasonable opinion, materially affect <User>'s ability to meet its obligations to <Service Provider> under this Service Agreement; or (b) if <User> is in default under any other agreement with <Service Provider> under which <Service Provider> provides Reference Services to <User>.

Default by User. > (a) if there is any adverse change in the business or financial condition of <User> or an event occurs which could, in <Service Provider>’s reasonable opinion, materially affect <User>'s ability to meet its obligations to <Service Provider> under this Service AgreementHaulage Contract; or (b) if <User> is in default under any other agreement with <Service Provider> under which <Service Provider> provides Reference Pipeline Services to <User>.

Default by User. > (a) if there is any adverse change in the business or financial condition of <User> or an event occurs which could, in <Service Provider>’s reasonable opinion, materially affect <User>'s ability to meet its obligations to <Service Provider> under this Service Haulage ContractService Agreement; or (b) if <User> is in default under any other agreement with <Service Provider> under which <Service Provider> provides Reference PipelineReference Services to <User>.