Events of Default Clause Example with 5 Variations from Business Contracts

Events of Default. The occurrence of any of the following events shall constitute an “Event of Default”: (a) Seller interferes with Buyer’s right to collect the Daily Amount; (b) Seller materially violates any term or covenant in this Agreement; (c) Seller uses multiple depository accounts without the prior written consent of Buyer; (d) Seller changes its depositing account or its payment card processor without the prior written consent of Buyer; (e) Seller materially defaults under any of the terms, covenants and... conditions of any other agreement with Buyer; or Buyer (f) Seller fails to provide timely notice to Buyer such that: (i) within that in any 30 day period given calendar month there are four or more ACH transactions attempted by Buyer are rejected by Seller’s bank and/or; (ii) four or more consecutive ACH transactions attempted by Buyer are rejected by Seller’s bank. View More

Events of Default. The occurrence of any of the following events shall constitute an “Event of Default”: (a) Seller interferes with Buyer’s right to collect the Daily Amount; (b) Seller violates any term or covenant in this Agreement; (c) Seller uses multiple depository accounts without the prior written consent of Buyer; (d) Seller changes its depositing account or its payment card processor without the prior written consent of Buyer; (e) Seller defaults under any other agreement with Buyer, or breaches any of th...e terms, covenants and conditions of any other agreement with Buyer; or (f) Seller fails to provide timely notice to Buyer such that: (i) within that in any 30 day period given calendar month there are four or more ACH transactions attempted by Buyer that are rejected by Seller’s bank and/or; (ii) four or more consecutive bank, or, Seller places a stop payment on Buyer’s ACH transactions attempted by Buyer are rejected by Seller’s bank. debit. View More

Events of Default. The occurrence of any of the following events shall constitute an “Event of Default”: (a) Seller interferes with Buyer’s right to collect the Daily Weekly Amount; (b) Seller violates any term or of covenant in this Agreement; (c) Seller uses multiple depository depositary accounts without the prior written consent of Buyer; (d) Seller changes its depositing account or its payment card processor without the prior written consent of Buyer; (e) Seller defaults under any of the terms, covenants and ...conditions of any other agreement with Buyer; or (f) Seller fails to provide timely notice to Buyer such that: that (i) within any 30 day period four where Seller is on a daily payment plan, two or more ACH transactions attempted by Buyer within one calendar month are rejected by Seller’s bank and/or; bank, or (ii) four where Seller is on a weekly payment plan, one or more consecutive ACH transactions transaction attempted by Buyer are is rejected by Seller’s bank. bank at any given time that such payment under the payment plan is due. View More

Events of Default. The occurrence of any of the following events shall constitute an “Event of Default”: (a) Seller interferes with Buyer’s right to collect the Daily Weekly Amount; (b) Seller violates any term or of covenant in this Agreement; (c) Seller uses multiple depository depositary accounts without the prior written consent of Buyer; (d) Seller changes its depositing account or its payment card processor without the prior written consent of Buyer; (e) Seller defaults under any of the terms, covenants and ...conditions of any other agreement with Buyer; or (f) Seller fails to provide timely notice to Buyer such that: that (i) within any 30 day period four where Seller is on a daily payment plan, two or more ACH transactions attempted by Buyer within one calendar month are rejected by Seller’s bank and/or; bank, or (ii) four where Seller is on a weekly payment plan, two (2) or more consecutive ACH transactions transaction attempted by Buyer are is rejected by Seller’s bank. bank at any given time that such payment under the payment plan is due. View More

Events of Default. The occurrence of any of the following events shall constitute an “Event of Default”: (a) Seller interferes with Buyer’s right to collect the Daily Amount; (b) Seller violates any term or covenant in this Agreement; (c) Seller uses multiple depository accounts without the prior written consent of Buyer; (d) Seller changes its depositing account or its payment card processor without the prior written consent of Buyer; (e) Seller defaults under any of the terms, covenants and conditions of any oth...er agreement with Buyer; or (f) Seller fails to provide timely notice to Buyer such that: (i) within any 30 day period four or more ACH transactions attempted by Buyer are rejected by Seller’s bank and/or; (ii) four or more consecutive ACH transactions attempted by Buyer are rejected by Seller’s bank. View More