- Required Occurrences Clause Samples

- Required Occurrences. This Agreement and the undertakings of the Developer shall, at the election of the Owner be contingent upon the occurrence of each of the following:
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- Required Occurrences. At the time of closing if not otherwise specified below, unless such period is extended by written notice of the Owner, this Agreement and the undertakings of Contractor or the Owner shall, at the election of Contractor (as to subparagraph (f) below only) or the Owner (as to subparagraphs (a) through (f) below), as the case may be, be contingent upon the occurrence of each of the following contingencies:
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- Required Occurrences. This Agreement and the undertakings of Seller and Purchaser shall be contingent upon the occurrence of each of the following:
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- Required Occurrences. At the time of Closing if not otherwise specified below, unless such period is extended by written notice of the Owner, this Agreement and the undertakings of Contractor or the Owner shall, at the election of Contractor (as to subparagraph (f) below only) or the Owner (as to subparagraphs (a) through (f) below), as the case may be, be contingent upon the occurrence of each of the following contingencies: (a) Additional Approvals, Licenses, Permits, Easements and Premises. All of the zoning approvals, additional licenses, and additional easements, if any, needed for the construction of the Facility shall have been obtained in form reasonably satisfactory to Owner, Contractor and Lender, with no limitations or conditions which are reasonably unacceptable to Contractor, Owner and Lender, and no appeals of said additional licenses shall have been taken during the applicable appeal periods by Closing.
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- Required Occurrences. This Agreement and the undertakings of Seller and Purchaser shall be contingent upon the occurrence of each of the following:
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Related to - Required Occurrences

  • Material Occurrences Promptly notify Agent in writing upon the occurrence of (a) any Event of Default or Default; (b) any event, development or circumstance whereby any financial statements or other reports furnished to Agent fail in any material respect to present fairly, in accordance with GAAP consistently applied, the financial condition or operating results of any Borrower as of the date of such statements; (c) any accumulated retirement plan funding deficiency which, if such deficiency continued for two plan years and was not corrected as provided in Section 4971 of the Code, could subject any Borrower to a tax imposed by Section 4971 of the Code; (d) each and every default by any Borrower which might result in the acceleration of the maturity of any Indebtedness, including the names and addresses of the holders of such Indebtedness with respect to which there is a default existing or with respect to which the maturity has been or could be accelerated, and the amount of such Indebtedness; and (e) any other development in the business or affairs of any Borrower which could reasonably be expected to have a Material Adverse Effect; in each case describing the nature thereof and the action Borrowers propose to take with respect thereto.

  • Accidents and Dangerous Occurrences The Hirer must report all accidents involving injury to the public to a member of the Village Hall management committee as soon as possible and complete the relevant section in the Village Hall’s accident book. Any failure of equipment belonging to the Village Hall or brought in by the Hirer must also be reported as soon as possible. Certain types of accident or injury must be reported on a special form to the local authority. The Hall Secretary will give assistance in completing this form. This is in accordance with the Reporting of Injuries, Diseases and Dangerous Occurrences Regulations 1995 (RIDDOR).

  • Reports of unusual occurrence The Contractor shall, during the Maintenance Period, prior to the close of each day, send to the Authority and the Authority’s Engineer, by facsimile or e- mail, a report stating accidents and unusual occurrences on the Project Highway relating to the safety and security of the Users and Project Highway. A monthly summary of such reports shall also be sent within 3 (three) business days of the closing of month. For the purposes of this Clause 15.4, accidents and unusual occurrences on the Project Highway shall include: (a) accident, death or severe injury to any person; (b) damaged or dislodged fixed equipment; (c) flooding of Project Highway; and (d) any other unusual occurrence.

  • Notification of Event of Default Borrower shall notify Agent immediately of the occurrence of any Event of Default.

  • Notice of Event of Default If the Mortgagee shall have Actual Knowledge of an Event of Default or of a Default arising from a failure to pay any installment of principal and interest on any Equipment Note, the Mortgagee shall give prompt written notice thereof to each Note Holder. Subject to the terms of Sections 5.06, 6.02 and 6.03 hereof, the Mortgagee shall take such action, or refrain from taking such action, with respect to such Event of Default or Default (including with respect to the exercise of any rights or remedies hereunder) as the Mortgagee shall be instructed in writing by a Majority in Interest of Note Holders. Subject to the provisions of Section 6.03, if the Mortgagee shall not have received instructions as above provided within 20 days after mailing notice of such Event of Default to the Note Holders, the Mortgagee may, subject to instructions thereafter received pursuant to the preceding provisions of this Section 6.01, take such action, or refrain from taking such action, but shall be under no duty to take or refrain from taking any action, with respect to such Event of Default or Default as it shall determine advisable in the best interests of the Note Holders; provided, however, that the Mortgagee may not sell the Aircraft or any Engine without the consent of a Majority in Interest of Note Holders. For all purposes of this Trust Indenture, in the absence of Actual Knowledge on the part of the Mortgagee, the Mortgagee shall not be deemed to have knowledge of a Default or an Event of Default (except, the failure of Owner to pay any installment of principal or interest within one Business Day after the same shall become due, which failure shall constitute knowledge of a Default) unless notified in writing by the Owner or one or more Note Holders.