Remedy for Default Clause Samples

Remedy for Default. One or more Parties, individually or collectively, may seek appropriate remedies in court, including, but not limited to, specific performance and equitable relief, in the event of a Default by another Party.

Remedy for Default. If the Contractor, in the sole judgment of the Town, violates or fails to properly comply with or perform in any material respect any condition, provision, or warranty hereof, the Town shall have the right, without prejudice to any other remedy the Owner may have, by prior written notice to the Contractor to have the services called for hereby otherwise performed, and/or to terminate this contract without prejudice to any other rights or remedies of the Town under this contract. Written notice shall be responded to by the Contractor within a ten-day period after receipt of such notice from the Owner. The Contractor shall pay any excess in the Town's cost to so procure the services and any related goods, supplies, materials or equipment. In addition, and without limiting any other remedies available to the Town, the Contractor shall be liable for all losses, costs and expenses incurred by the Town which result from the Contractors noncompliance.

Remedy for Default. In the case of an Event of Default or if the Contractor fails to supply and provide the Services or any part thereof in accordance with this Agreement, the City may, without limiting any other rights it may have, remedy any deficiency and may engage others to do so, and may charge against the Contractor all extra costs and expenses in doing so. The City will be under no obligation to remedy any failure or deficiency on the part of the Contractor and will not incur any liability to the Contractor for any action or omission in the course of its remedying or attempting to remedy any such failure or deficiency.

Remedy for Default. 10.1 At any time after the Subordinated Notes shall have become due and immediately repayable under the provisions of Condition 8.1 hereof, the Tlustee, subject to Condition 10.3 hereof, shall enforce all payment obligations under the Subordinated Notes only by way of petitioning for the winding-up or dissolution of the Issuer and/or by proving for the amount due and payable under the Subordinated Notes in the liquidation or administration of the Issuer. For the avoidance of doubt: (a) in the event that the Subordinated Notes are not redeemed (i) on or prior to the Maturity Date; or (ii) when the same are due and payable; the Subordinated Notes shall only be repaid pursuant to the winding-up or the liquidation of the Issuer and the claims of the Subordinated Noteholders herein shall in the winding up or the liquidation of the Issuer be subordinated in light and priority of payment to all claims of depositors and all other creditors of the Issuer except for the claims in respect of the Issuer's unsecured and subordinated obligations which by their terms rank pari passu in right and priority of payment with, or are expressed to be subordinated to, the Subordinated Notes; and (b) in the event the Issuer defaults in the performance or observance of any covenant, condition or provision contained in the Subordinated Notes or the Trust Deed or any of the Issue Documents (save for failure to pay any amount of principal, interest/coupon or expenses or in respect of any other payment obligation), (i) the Tmstee or any Subordinated Noteholder shall not be entitled to any remedy available to the Trustee or any Subordinated Noteholder which in substance amounts to a remedy to recover any amounts under any payment obligation of the Issuer under the Subordinated Notes, and 65 Malayan Banldng Berhad Trust Deed RM7, OOO, 000, 000. 00 Subordinated Note Programme

Remedy for Default. In the event of default of performance of any provision herein, the defaulting party agrees to pay all costs of enforcing this ▇▇▇ or any right arising out of the breach thereof, including reasonable attorney’s fees.

Remedy for Default. If the Contractor, in the sole judgment of the City, shall violate or fail properly to comply with or perform in any material respect any condition, provision, or warranty hereof, the City shall have the right by prior written notice to the Contractor to have the services called for hereby otherwise performed, and/or to terminate this contract without prejudice to any other rights or remedies of the City under this contract. The Contractor shall pay any excess in the City's cost to so procure the services and any related goods, supplies, materials or equipment. In addition, and without limiting any other remedies available to the City, the Contractor shall be liable for all losses, costs and expenses incurred by the City which result from the Contractors noncompliance.

Remedy for Default. A description of the cooperative affordable housing corporation's possessory remedy in the event of default. Good cause is required for termination of the right of occupancy. "Good cause" includes nonpayment of loans, fees, costs or assessments pertaining to the cooperative interest or material violation of bylaws, rules or proprietary lease that continues following reasonable notice and reasonable opportunity to cure the alleged material violations; and [PL 1993, c. 300, §1 (NEW).]

Remedy for Default. In addition to the remedies provided in the forms A134 and A201, if the Contractor defaults on its obligations under this Agreement, the City shall be entitled to recover its investigative and enforcement costs, including attorney fees, incurred to investigate a default and enforce or pursue remedies under this Agreement.

Remedy for Default. With the exception of billing disputes and as otherwise specifically provided in this Agreement, if either party shall fail to perform any of the covenants or obligations imposed upon it under this Agreement (except where such failure shall be excused under the provisions hereof), the other party may, at its option, terminate this Agreement by written notice to be served on the party in default stating specifically the cause for terminating this Agreement and declaring it to be the intention of the party giving the notice to terminate the same; thereupon the party in default shall have thirty (30) days after the service of the notice in which to remedy or remove the cause or causes stated in the notice for terminating the Agreement and, if within said period of thirty (30) days, the party in default does so remedy and remove said cause or causes and fully indemnify the party not in default for any and all consequences of such breach, then such notice shall be withdrawn and this Agreement shall continue in full force and effect. In case the party in default does not so remedy and remove the cause or causes and does not indemnify the party giving the notice for any all consequences of such breach, within said period of thirty (30) days, then this Agreement shall become null and void from and after the expiration of said period. Any cancellation of this Agreement pursuant to the provisions of this section shall be without prejudice to the right of the party not in default to collect any amounts then due it and without waiver of any other remedy to which the party not in default may be entitled for violation of this Agreement. EVO CNG/LDC Gas Service and Pipeline Agreement