Common use of Department Default Clause in Contracts

Department Default. Department shall be in default under this Agreement upon the occurrence of any of the following events: a. Department fails to perform, observe or discharge any of its covenants, agreements, or obligations set forth herein; or b. Any representation, warranty or statement made by Department herein or in any documents or reports made by Department in connection herewith that are reasonably relied upon by LPHA to measure performance by Department is untrue in any material respect when made.

Department Default. Department shall will be in default under this Agreement upon the occurrence of any of the following events: a. 15.1 Department fails to perform, observe or discharge any of its covenants, agreements, or material obligations set forth hereinunder this Agreement; or b. 15.2 Any representation, warranty or statement made by Department herein in this Agreement or in any documents or reports made by Department in connection herewith that are reasonably relied upon by LPHA to measure performance by Department University is untrue in any material respect when made.