Termination of Default Sample Clauses

Termination of Default. An Event of Default shall be deemed to have been terminated upon the earliest to occur of: 8.7.1. The date the Representative and the Company enter into a settlement of all claims; or 8.7.2. If the acceleration of the outstanding principal with respect to the Notes has not been authorized by the Holders, the date the Company has paid (i) to the Holders, all interest and principal due through such date; and (ii) to the Representative, all the fees and expenses described in section 9.3.2(f); or 8.7.3. If the acceleration of the outstanding principal with respect to the Notes has been authorized by the Holders, the date the Company has paid (i) to the Holders all interest and principal due through such date; and (ii) to the Representative, all the expenses described in section 9.3.2(f); but only if Holders holding a majority of the Notes, measured by the outstanding principal amount with respect to each Note, agree to annul the demand for acceleration.

Termination of Default. If Tenant defaults in performing any obligation arising out of this Master Lease and does not correct the default within 30 days (or such longer period as reasonably required based on the nature of the alleged breach) after receipt of written notice to Tenant and any lender, notice to whom is required by this Master Lease, Landlord may terminate this Master Lease.

Termination of Default. The Default will be terminated, and the full rights of the‌ defaulting Party restored when: (i) the Default has been cured and all costs incurred by the non- defaulting Parties resulting from the Default of the defaulting Party, including monies placed by non-defaulting Parties into Make-up Reclamation Trust Funds and expended by the Trustee, have been reimbursed in full by the defaulting Party, with interest thereon at the Prime Rate plus two percent (2%) per annum or the maximum legal rate of interest, whichever is less, from the date of payment to the date of reimbursement; (ii) other arrangements acceptable to the non-defaulting Parties have been made; or (iii) the defaulting Party prevails in an arbitration or other legal proceeding in which the default status of the defaulting Party is at issue.

Termination of Default. The Default will be terminated, and the full rights of the defaulting Party restored when: (i) the Default has been cured and all costs incurred by the non- defaulting Parties resulting from the Default of the defaulting Party have been reimbursed in full by the defaulting Party, with interest thereon at the Prime Rate plus two percent (2%) per annum or the maximum legal rate of interest, whichever is less, from the date of payment to the date of reimbursement; (ii) other arrangements acceptable to the non-defaulting Parties have been made; or (iii) the defaulting Party prevails in an arbitration or other legal proceeding in which the default status of the defaulting Party is at issue.

Termination of Default. In the event of any failure on the part of either party to perform its obligations under the terms of this Agreement, including, but not limited to, transmittal of required payments under this Agreement, the other party shall have the right to give immediate notice of default and, at its option, after first giving ten (10) days written notice thereof by certified mail to the party in default and notwithstanding any waiver by the party giving notice of any prior breach thereof, to terminate this Agreement, and the exercise of such right shall not impair any other rights of the parry giving notice under this Agreement or any rights of action against the defaulting party for the recovery of damages.

Termination of Default. Without prejudice to any other remedy for breach of contract, this rental agreement may be terminated forthwith by either party if the other commits any material breach of this rental agreement and which ( in case of a breach capable of being remedied) shall not have been remedied within 14 days of a written request to remedy the same. In addition the contractor may terminate this rental agreement: *If the transporter through any of its employees engages in or knowingly fails to take action to prevent the commission of any illegal activity at the loading transport transfer offloading or consumption points of. *If the transporter is not able to carry out its obligations and or does not perform its obligation under the rental agreement to the satisfaction of the contractor. *In the event the contractor terminates the transporter in whole or in part pursuant to clause. *Notwithstanding anything to the contrary and notwithstanding the termination of this rental agreement or any part thereof for any reason whatsoever the provisions of this rental agreement which expressly or by implication are intended to survive such termination shall survive such termination and shall continue to be of force and effect.

Termination of Default. Only upon (a) the occurrence of any Default under Section 4.02 which is not excused pursuant to this Agreement, (b) the inability to resolve the dispute under Section 4.07, (c) the delivery of a Default Notice to the defaulting Party as provided in Section 4.04, (d) the circumstance where a specific remedy for the Default is not set forth above and/or such a specific remedy is so set forth but compliance with such remedial procedure has not yielded a resolution of the Default, and (e) the defaulting Party's failure to cure the Default set out in the Default Notice prior to the expiration of the cure period specified in Section 4.04 above and any extension of that cure period, the defaulting Party shall be deemed to be in breach of this Agreement and the non-defaulting Party shall have the right to terminate this Agreement by delivering written notice of termination to the defaulting Party.

Termination of Default. Upon the occurrence of any of the contingencies set forth in the preceding clause, or should the Tenant be adjudicated a bankrupt, insolvent or placed in receivership or should proceedings be instituted by or against the Tenant for bankruptcy, insolvency, receivership, agreement of composition or assignment for the benefit of creditors, or if this lease or the estate of the Tenant hereunder shall pass to another by virtue of any court proceedings, writ of execution, levy, sale, or by operation of law, the Landlord may, if the Landlord so elects, at any time thereafter, terminate this lease and the term hereof, upon giving to the Tenant or to any trustee, receiver, assignee or other person in charge of or acting as custodian of the assets or property of the Tenant, five days notice in writing, of the Landlord's intention so to do. Upon the giving of such notice, this lease and the term hereof shall end on the date fixed in such notice as if the said date was the date originally fixed in this lease for the expiration hereof, and the Landlord shall have the right to remove all persons, goods, fixtures and chattels therefrom, by force or otherwise, without liability for damages. 21st

Termination of Default. Either Party may terminate this Agreement in the event of the material breach or material default by the other Party of the material terms and conditions hereof which is not cured, as set forth in this Section 13.2. In the event of such a material breach or material default, the terminating Party will first give to the other Party written notice of the proposed termination of this Agreement, specifying the grounds therefor. Upon receipt of such notice, the other Party will have one hundred eighty (180) days to cure such material breach or material default. In the event of determination in a final, non-appealable decision by a court of competent jurisdiction that such other Party has committed, and failed to cure, such breach or default within such period, then this Agreement will terminate automatically upon such determination. Termination of this Agreement pursuant to this Section 13.2 will not affect any other rights or remedies which may be available to the non-defaulting Party.” E. Section 13.4 of the Original Agreement is hereby deleted in its entirety and the following inserted in lieu thereof: