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IN CASE OF DEFAULT Clause Examples for Any Agreement

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IN CASE OF DEFAULT.ÌýIN PAYMENT OF RENT BY LESSEE OR ANY OTHER COVENANT OF LESSEE, LESSOR IS AUTHORIZED TO SEIZE AND TAKE POSSESSION OF SAID PROPERTY, TO STORE AT THE EXPENSE OF LESSEE OR TO SELL SAME AT PUBLIC OR PRIVATE SALE UPON SUCH NOTICE AS REQUIRED BY LAW, AND IN THE EVENT OF SALE, TO APPLY SUCH PORTION OF THE PROCEEDS THEREFROM AS PAYMENT OF RENT OR OTHER INDEBTDNESS HEREUNDER TO LESSOR AS IS NECESSARY TO PAY SAME.
IN CASE OF DEFAULTÌýin repayment by the borrower, the bank shall seek repayment from the security (Debenture) taking into consideration the nature of the security interest and the market price. The bank reserves the right to use any of the remedies below in accordance with the law N° 34/2013 of 24/05/2013 on security interests in movable property as amended to date: a) Manage the assets subject to the security granted by the defaulter; b) Selling through auction the asset perfected;
IN CASE OF DEFAULT.ÌýIn case of default by Xxxxxx(s)/ Vendor(s) such as
IN CASE OF DEFAULT.Ìý(Exceeding 30 Days): In payment of rent by Lessee or any other covenant of Lessee, Lessor is authorized to seize and take possession of said property, to store at the expense of Lessee or to sell same at public or private sale upon such notice as required by law, and in the event of sale, to apply such portion of the proceeds there from as payment of rent or other indebtedness hereunder to Lessor as is necessary to pay same.
IN CASE OF DEFAULT.ÌýIf the Innovator, or any person for whom the Innovator is responsible at law, causes any damage, due to delivery of the Contributions, to any real or personal property or activities at the location of such delivery, then the Innovator shall repair, or, if applicable, provide replacements, at the Innovator’s expense, to the satisfaction of the Region.
IN CASE OF DEFAULTÌýby the Shareholders of the provisions in clause 10.1, the Call Right is subject to specific enforcement procedure (execução específica) set forth in article 287 and following of the Portugal Civil Code, including article 830.â€�
IN CASE OF DEFAULT.ÌýTHE CREDITOR (THE SECURITY AGENT) MAY USE ITS OWN MEANS IN ORDER TO TAKE POSSESION OF THE PLEDGED ASSET (THE SHARES), in Romanian:
IN CASE OF DEFAULT.ÌýIf borrower fails to pay three (3) consecutive non-full payment of installment or as agreed, the entire unpaid balance of the loan shall immediately become due and demandable. The cooperative shall deduct to borrower’s deposits and deduct to co-makers if resigned or AWOL without the necessity of presentment and demand. REPUBLIC OF THE PHILIPPINES) ________________________ ) S.S. CITY OF _________ ________) BEFORE ME, this _____ day of _______________, 2 _______, in the city of _________________, Philippines, personally appeared: Maker Co-Maker1 Co-Maker2 Co-Maker3 Co-Maker4 ____________________ _______________________ ____________ ___________________ ___________ ____________________ _______________________ ____________ ___________________ ___________ ____________________ _______________________ ____________ ___________________ ___________ ____________________ _______________________ ____________ ___________________ ___________ ____________________ _______________________ ____________ ___________________ ___________ With Identification number as indicated, known to me to be the same persons who executed the foregoing instrument and they acknowledged to me that the same is their free act and deed.
IN CASE OF DEFAULT.ÌýOccurrence of one or more of the following instances shall constitute an event of default. On the occurrence of such instances, the Bank will, at its sole discretion, have the right to block/ close the Account. â€� If any delay shall have occurred in payment of any dues under the Card and/ or in payment of any other amounts (including special payment plans such as rewrites/ settlements) or any part thereof due and payable to Union Bank of India in terms of these Terms and Conditions and such dues or other amount remains unpaid beyond the Payment Due Date, or default in payment of any amount which is due or may become due under the terms and conditions of some other advance/loan facility availed by the Cardholder from the Bank. â€� If default shall have occurred in the performance of any other covenants, conditions or agreements on the part of the Cardholder under these Terms and Conditions. â€� If any information given by the Cardholder to Union Bank of India in the Card application or otherwise is found to be misleading or incorrect in any material respect/ falsified information/ misinterpretation of facts/ fabricated documents. â€� If the Cardholder fails to furnish any information and/ or documents to the Bank that may be required to be furnished by the Cardholder in accordance with the relevant laws or regulations or any other appropriate information/ and or documents (including any proof of identification documents and/ or photographs) as may be required under the Bank’s/ RBI’s guidelines on Know Your Customer (“KYCâ€�)/ Antiâ€�Money Laundering (“AMLâ€�)/ Combating of Financing Terrorism (“CFTâ€�) purposes, which the Bank may reasonably request from time to time. â€� If any payment is not received on or before due date. â€� The information regarding deceased cardholder received through any other persons or bank officials, Bank will cancel/block all cards of primary cardholder and/or add on cards upon verification of death and recover the dues as per extant recovery guidelines of the bank. â€� If the Cardholder makes a default in performance of any of the terms, covenants and conditions of any loans/ facilities, including but not limited to other credit card(s) provided by Union Bank of India or any other banks, financial institutions or entity, to the Cardholder. â€� If the Cardholder commits an act of insolvency or makes an application for declaring himself an insolvent or an order is passed against the Cardholder declaring him an insolvent. â€� There occurs any material adve...
IN CASE OF DEFAULTÌý