WILL BE IN DEFAULT Sample Clauses

The "Will Be In Default" clause defines the specific circumstances or actions that constitute a default under the agreement. Typically, this clause outlines events such as failure to make payments, breach of material terms, insolvency, or other specified violations by a party. By clearly identifying what actions or omissions trigger a default, this clause provides both parties with a clear understanding of their obligations and the consequences of non-compliance, thereby reducing ambiguity and helping to manage risk in the contractual relationship.
WILL BE IN DEFAULT. ▇▇▇▇▇ represents that Buyer, as of the date of this Contract, 102 Does Does Not have funds that are immediately verifiable and available in an amount not less than the amount stated as Cash at 103 Closing in § 4.1. 104 4.5. New Loan.
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WILL BE IN DEFAULT. Buyer represents that Buyer, as of the date of this Contract, Does Does Not have funds that are immediately verifiable and available in an amount not less than the amount stated as Cash at Closing in § 4.1.
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WILL BE IN DEFAULT. Buyer 266 represents that Buyer, as of the date of this Contract, Does Does Not have funds that are immediately 267 268 verifiable and available in an amount not less than the amount stated as Cash at Closing in 4.1. 269 4.5. New Loan. (Omitted as inapplicable) 270 271 4.6. Assumption. (Omitted as inapplicable) 272 273 274 4.7. Seller or Private Financing. (Omitted as inapplicable) 275 276 277 TRANSACTION PROVISIONS 278 279 280 CBS4-6-15. CONTRACT TO BUY AND SELL REAL ESTATE - Land Page 4 of 19 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350
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WILL BE IN DEFAULT. ▇▇▇▇▇ represents that Buyer, as of the date of this Contract, 142 Does have funds that are immediately verifiable and available in an amount not less than the amount stated as ▇▇▇▇ at Closing in 143 § 4.1. 144 145 4.7. Seller or Private Financing. 146 WARNING: Unless the transaction is exempt, federal and state laws impose licensing, other requirements and restrictions on 147 sellers and private financiers. Contract provisions on financing and financing documents, unless exempt, should be prepared by a 148 licensed Colorado attorney or licensed mortgage loan originator. Brokers should not prepare or advise the parties on the specifics 149 of financing, including whether or not a party is exempt from the law.
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WILL BE IN DEFAULT. Buyer represents that Buyer, as of the date of this Contract, x Does o Does Not have funds that are immediately verifiable and available in an amount not less than the amount stated as Cash at Closing in § 4.1.
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WILL BE IN DEFAULT. IF ANY OF THE FOLLOWING HAPPENS: (a) I fail to make any payment when due on the Indebtedness. (b) I break any promise made to Lender in this Agreement or in any other agreement or loan with Lender. (c) I die, become insolvent, or file a petition in bankruptcy or similar proceedings, or am adjudged bankrupt. (d) Any creditor or governmental agency tries to take any of the Property. This includes the taking or garnishment of any of my accounts with Lender. (e) Lender deems itself insecure. (f) Any of the events described above in this default section happens to any guarantor of any of the Indebtedness.
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Related to WILL BE IN DEFAULT

  • Termination; Default We may reduce the Credit Limit or terminate your ability to receive further credit under this Agreement at any time without notice. You may terminate your ability to receive further credit under this Agreement by giving us notice of termination and returning to us all Cards and Credit Devices. Termination by you will be effective on the date we receive written notice from you along with the Cards and Credit Devices (unless they are lost or stolen, in which case you agree to sign an affidavit to that effect and stating that no credit received after the date of loss or theft was authorized by you).

  • REMEDIES IN DEFAULT On the occurrence of the Tenant Default and after the applicable notice and cure period, and subject to terms and conditions provided herein, Landlord may, without limiting Landlord in the exercise of any other right or remedy that Landlord may have by reason or such default, the remedies of Landlord hereunder being cumulative and not exclusive of one another: (a) perform on Tenant’s behalf, any unperformed covenant or obligation hereunder constituting such Tenant Default (after giving Tenant written notice of Landlord’s intention to do so except in the case of emergency), in which event Tenant shall reimburse Landlord for all expenses reasonably incurred by Landlord in doing so, plus interest at the Default Rate, which expenses and interest shall be additional rent and shall be payable by Tenant immediately on demand therefore by Landlord; and/or (b) terminate this Lease and collect liquidated damages from Tenant in an amount equal to (i) the sum of all amounts due hereunder to the date of termination; plus (ii) the aggregate rent remaining over the unexpired portion of the Term, plus the reasonable cost to Landlord of any repairs required to comply with Tenant’s obligations, all reduced to present value using a discount rate equal to the interest rate of a governmental security having a mutual closest to the then current expiration of the Term; less (iii) the aggregate fair net rental value of the Premises over the remaining portion of the Term (provided, however, a reasonable period of time, not to exceed twenty four (24) months, may be considered as a leasing period by which the Premises would not be leased and therefore no income would be realized for such period) reduced to present value at the above specified discount rate; plus (iv) Landlord’s costs and expenses incurred in the enforcement hereof including reasonable attorneys fees as herein provided, or (c) maintain Tenant’s right to possession, in which case this Lease shall continue in effect and Landlord shall be entitled to enforce all of Landlord’s right and remedies under this Lease, include the right to recover the Rent and other amounts payable hereunder as they become due hereunder.

  • Upon Default Landlord shall have the right to pursue any one or more of the following remedies: (a) Terminate this Lease, in which case Tenant shall immediately surrender the Premises to Landlord. If Tenant fails to surrender the Premises, Landlord, in compliance with Law, may enter upon and take possession of the Premises and remove Tenant, Tenant’s Property and any party occupying the Premises. Tenant shall pay Landlord, on demand, all past due Rent and other losses and damages Landlord suffers as a result of Tenant’s Default, including, without limitation, all Costs of Reletting (defined below) and any deficiency that may arise from reletting or the failure to relet the Premises. “Costs of Reletting” shall include all reasonable costs and expenses incurred by Landlord in reletting or attempting to relet the Premises, including, without limitation, legal fees, brokerage commissions, the cost of alterations and the value of other concessions or allowances granted to a new tenant.