Default Date Clause Samples

Default Date. See Section 11.1.
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Default Date. See Section 11.1. Defaulting Partners. Lyondell LP4, Lyondell LP, Lyondell (Pelican) LP1, Lyondell (Pelican) LP2 and Lyondell LP3, in the case of a Default by Lyondell LP4, Lyondell LP, Lyondell (Pelican) LP1, Lyondell (Pelican) LP2 or Lyondell LP3 or their Guarantor; and Millennium GP and Millennium LP, in the case of a Default by Millennium GP, Millennium LP or their Guarantor.
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Default Date. See Section 11.1. ------------ ------------ Defaulting Partners. Lyondell GP and Lyondell LP, in the case of a ------------------- Default by Lyondell GP, Lyondell LP or their Guarantor; Millennium GP and Millennium LP, in the case of a Default by Millennium GP, Millennium LP or their Guarantor; and Occidental GP, Occidental LP1 and Occidental LP2, in the case of a Default by Occidental GP, Occidental LP1, Occidental LP2 or their Guarantor.
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Default Date. 3.3(iv) Default Period...........................................................3.3(iv) Delaware Court...............................................................8.9
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Default Date. For all purposes, theDefault Date will be: (i) theBusiness Dayimmediately afterthe expiration of theGrace Period, ifapplicable, or (ii) theBusiness Daywhen theEvent of Defaultoccurred, in absence of aGrace Period.
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Default Date. For each Event of Default, the “Default Date” shall mean the date of the first occurrence of such Event of Default, regardless of the date that an Event of Default Notice is actually given by one party to the other.
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Default Date. The default date of this contract will be . If the work is not completed by the default date (5 business days after the stated end of the contract), this contract will become null and void and no further payment will be due the contractor. If a mechanics lien is placed on the property by the contractor or subcontractors after the default date, or before the default date if the work is not completed, the contractor agrees to pay Owner $2,500 in damages, plus any and all expenses and attorney’s fees necessary to recover the damage and all other damages entitled to Westwinds by law. If the work is completed in a satisfactory manner to the owner by the default date, contractor retains all rights and remedies allowed by law if payment is not tendered as agreed. The contractor will be backcharged $50 per day for every day project runs beyond the completion date stated in this contract. If the work represented by the contractor to be complete is incomplete when Owner arrives to inspect for draw, Owner will backcharge the contractor $50 for each additional trip necessary to complete the draw request as submitted by the contractor. Draws will be based upon full completion of the work specified by trade as listed below. The contractor may call for 3 intermediate draws and one final draw for a total of 4 draws during the project. Owner and the contractor will agree upon draw amounts before the work is to begin. Draw requests must be received by 5:00 p.m. Monday to be inspected Tuesday or Wednesday and checks paid on Friday of the same week. Draw requests presented after 5:00 p.m. Monday will be processed the following week. No exceptions. Draw Purpose $ Amount Date Scheduled 1 Materials Final Completion Final (Completion) draw request will not be honored until all of the work has been completed in a satisfactory manner and inspected for completion and compliance by Owner. A ten percent (10%) retainage may be held from each draw until completion of punch list items and final acceptance by Owner.
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Default Date. 7.2.1 for the purposes of clause 7.1.1, means the starting date; or 7.2.2 for the purposes of clause 7.1.2 and 7.1.3, means the day on which the course ceases to be provided.
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Default Date. When the rent remains unpaid as of the due date, continues to be unpaid throughout the grace period, and remains unpaid afterward then the Landlord may decide that the Tenant must vacate the premises and proceed with an eviction. The first day when the Landlord may consider eviction should be determined and reported as the maximum number of days after the last date the Landlord will wait for payment.
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Related to Default Date

  • Default Payment Following the occurrence and during the continuance of an Event of Default, the Holder, at its option, may demand repayment in full of all obligations and liabilities owing by Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement and/or may elect, in addition to all rights and remedies of the Holder under the Purchase Agreement and the other Related Agreements and all obligations and liabilities of the Company under the Purchase Agreement and the other Related Agreements, to require the Company to make a Default Payment (“Default Payment”). The Default Payment shall be 130% of the outstanding principal amount of the Note, plus accrued but unpaid interest, all other fees then remaining unpaid, and all other amounts payable hereunder. The Default Payment shall be applied first to any fees due and payable to the Holder pursuant to this Note, the Purchase Agreement, and/or the other Related Agreements, then to accrued and unpaid interest due on this Note and then to the outstanding principal balance of this Note. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to this Section 2.3.

  • Default Events (a) Any material breach of the Funding Agreement by the Recipient, including those set out below, will be an event of default (“Default Event”): 1. the Recipient has amounts owing to the IESO in respect of another funding agreement or other program, contract or arrangement with the IESO that have not been paid after due notice; 2. the IESO notifies the Recipient that it is in default of any existing agreements with the IESO, its predecessor entities, or any of their third party funds managers, including funding agreements; 3. the Recipient fails to complete or submit to the IESO any Activities set out in Schedule C by the applicable Target Completion Date; or 4. the Recipient fails to notify the IESO of any of the events set out in Section 6.1. (b) Should a Default Event occur, the IESO will be entitled to deliver to the Recipient a written notice that the Recipient is in default of the obligations under the Funding Agreement (the “Notice of Default”). The Notice of Default will set out the nature of the Default Event and a reasonable period of time by which the Default Event must be cured.

  • Payment of accrued default interest Subject to the other provisions of this Agreement, any interest due under this Clause shall be paid on the last day of the period by reference to which it was determined; and the payment shall be made to the Agent for the account of the Creditor Party to which the overdue amount is due.

  • Event of Default Defined Except as may be otherwise provided pursuant to Section 2.03 for Securities of any series, “Event of Default” with respect to Securities of any series wherever used herein, means each one of the following events which shall have occurred and be continuing (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body, except as provided in clause (e)): (a) default in the payment of all or any part of the money due on such Security (but not such a default in respect of any other Security of such series or any other series) as and when the same shall become due and payable either upon exercise, upon any redemption or otherwise; or (b) default in the performance, or breach, of any covenant or warranty of the Issuer in respect of the Securities of such series (other than a covenant or warranty in respect of the Securities of such series a default in whose performance or whose breach is elsewhere in this Section specifically dealt with), and continuance of such default or breach for a period of 90 days after there has been given, by registered or certified mail, to the Issuer and the Guarantor, by the Trustee or to the Issuer, the Guarantor and the Trustee by the holders of at least 25% in aggregate number of the Outstanding Warrants of all series affected thereby, a written notice specifying such default or breach and requiring it to be remedied and stating that such notice is a “Notice of Default” hereunder; or (c) a court having jurisdiction in the premises shall enter a decree or order for relief in respect of the Issuer in an involuntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar official) of the Issuer or for any substantial part of its property or ordering the winding up or liquidation of its affairs, and such decree or order shall remain unstayed and in effect for a period of 60 consecutive days; or (d) the Issuer shall commence a voluntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, or consent to the entry of an order for relief in an involuntary case under any such law, or consent to the appointment or taking possession by a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar

  • Additional Event of Default The following will constitute an additional Event of Default with respect to Party B: "NOTE ACCELERATION NOTICE. A Note Acceleration Notice is served on Party B in relation to the Relevant Notes."