Unremedied Default definition

Unremedied Default means that the Contractor is in Default and:
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Unremedied Default has the meaning given to that term in clause 11.5.
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Unremedied Default means that the Contractor is in Default and: 25.2.1 The Default is capable is remedy and the Contractor has failed to remedy such Default within 30 days of receipt of written notice to the Contractor specifying the Default and requiring its remedy (unless a remedial plan produced in respect of that Default and approved by the Purchaser pursuant to the Clause 22.1 is not being implemented by the Contractor to the reasonable satisfaction of the Purchaser); or 25.2.2 A remedial plan produced in respect of the Default and approved by the Purchaser pursuant to Clause 22.1 is not being implemented by the Contractor to the reasonable satisfaction of the Purchaser; or 25.2.3 The Default is not capable of remedy.
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Related to Unremedied Default

  • Specified Default means a Default under Section 8.01(a), (f) or (g).

  • Specified Defaults means, collectively, the Existing Defaults and the Anticipated Defaults.

  • MI Default has the meaning given to it in paragraph 6.1 of Framework Schedule 9 (Management Information);

  • Bank Default means (i) the refusal (which has not been retracted) of a Bank to make available its portion of any Borrowing or to fund its portion of any unreimbursed payment under Section 2.03(c) or (ii) a Bank having notified in writing the Borrower and/or the Agent that it does not intend to comply with its obligations under Section 1.01 or Section 2, in the case of either clause (i) or (ii) as a result of any takeover of such Bank by any regulatory authority or agency.

  • Financing Default means an event which would constitute (or with notice or lapse of time or both would constitute) an event of default (which event of default has not been cured) under or would otherwise violate or breach (i) any financing arrangement of the Company or any of its Subsidiaries in effect as of the time of the aforementioned event, and any extensions, renewals, refinancings or refundings thereof in whole or in part; and (ii) any provision of the Company's or any of its Subsidiary's constitutional documents.