Termination for DUSIB Default Sample Clauses

Termination for DUSIB Default. Without prejudice to any other rights and remedies available to the Shelter Management Agency, Shelter Management Agency may serve written notice to DUSIB at any time to terminate this Agreement with immediate effect in the following events (“DUSIB Event of Default”): (a) DUSIB has unreasonably withheld or delayed grant of any approval or permission which the Shelter Management Agency is obliged to seek under this Agreement, and thereby caused or likely to cause Material Adverse Effect; (b) DUSIB has delayed payment of any amount that has fallen due in terms of this Agreement beyond 90 (ninety) days; (c) DUSIB is in breach of this Agreement and has failed to cure such breach within 60 (sixty) days of receipt of notice in that behalf from the Shelter Management Agency; (d) DUSIB repudiates this Agreement or otherwise evidences an intention not to be bound by this Agreement; (e) DUSIB has by an act of commission or omission created circumstances that have a Material Adverse Effect on the performance of its obligations by the Shelter Management Agency and has failed to cure the same within 60 days of notice thereof by the Shelter Management Agency; and (f) Any representation made or warranties given by the DUSIB under this Agreement is found to be false or misleading.
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Termination for DUSIB Default. Without prejudice to any other rights and remedies available to the Shelter Management Agency, Shelter Management Agency may serve written notice to DUSIB at any time to terminate this Agreement after giving 15 days notice or as mentioned below in the following events (“DUSIB Event of Default”): (a) DUSIB has unreasonably withheld or delayed grant of any approval or permission which the Shelter Management Agency is obliged to seek under this Agreement, and thereby caused or likely to cause Material Adverse Effect; (b) DUSIB is in breach of this Agreement and has failed to cure such breach within 60 (sixty) days of receipt of notice in that behalf from the Shelter Management Agency; (c) DUSIB repudiates this Agreement or otherwise evidences an intention not to be bound by this Agreement; (d) DUSIB has by an act of commission or omission created circumstances that have a Material Adverse Effect on the performance of its obligations by the Shelter Management Agency and has failed to cure the same within 60 days of notice thereof by the Shelter Management Agency; and (e) Any representation made or warranties given by the DUSIB under this Agreement is found to be false or misleading.
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Related to Termination for DUSIB Default

  • Termination for Default The Commonwealth may terminate this Agreement by notice where it reasonably believes the Grantee: (a) has breached this Agreement; or (b) has provided false or misleading statements in their application for the Grant; or (c) has become bankrupt or insolvent, entered into a scheme of arrangement with creditors, or come under any form of external administration.

  • SUSPENSION & TERMINATION FOR DEFAULT Enterprise Services may suspend Contractor’s operations under this Contract immediately by written cure notice of any default. Suspension shall continue until the default is remedied to Enterprise Services’ reasonable satisfaction; Provided, however, that, if after thirty (30) calendar days from such a suspension notice, Contractor remains in default, Enterprise Services may terminate Contractor’s rights under this Contract. All of Contractor’s obligations to Enterprise Services and Purchasers survive termination of Contractor’s rights under this Contract, until such obligations have been fulfilled.

  • Erroneous Termination for Default If, after notice of termination of Vendor’s right to proceed under the provisions of this clause, it is determined for any reason that the contract was not in default, or that the delay was excusable under the provisions of the prior paragraph (Excuse for Nonperformance or Delayed Performance), the rights and obligations of the parties shall be the same as if the notice of termination had been one of termination for convenience.

  • Termination for Default; Remedies 8.2.1 Each of the following shall constitute an immediate event of default (“Event of Default”) under this Agreement: (a) Contractor fails or refuses to perform or observe any term, covenant or condition contained in any of the following Sections of this Agreement:

  • Termination by Default If the Bank is in default (as defined in Section 3(x)(1) of the Federal Deposit Insurance Act (12 U.S.C. Section 1813(x)(1)), all obligations under this Agreement shall terminate as of the date of default, but any vested rights of the Executive shall not be affected.