Example sentences of "the event of [noun] by the " in BNC.
Next page| No | Sentence |
|---|---|
| 1 | The answer to the last question is , of course , the so-called Standby Credit which is really a form of performance guarantee which will only be drawn on in the event of default by the party who has contracted to perform some service . |
| 2 | When , as in the present case , the lease has been assigned on the terms that the sureties will guarantee performance by the assignee of the lease , justice and common sense ought to require the sureties , not the original tenant , to be primarily liable in the event of default by the assignee . |
| 3 | It has been said that the surety 's obligation is simply that of paying money and , of course , in a sense that is true if one looks only at the remedy which the landlord has against him in the event of default by the tenant . |
| 4 | However , s3(2) ( b ) ( ii ) may apply to other types of clause not normally regarded as exclusions , such as force majeure clauses and clauses giving a contractual right to withhold performance in the event of default by the other party . |
| 5 | However , under the provisions of the Bills of Exchange Act 1882 , in the event of non-payment by the acceptor , each holder of the bill can gain redress from previous holders , leaving the original discounter the right to recover the relevant sum of money from the drawer . |
| 6 | Clause 10.2 of Precedent 2 provides an express right for the buyer to cancel in the event of breach by the seller . |
| 7 | For instance , clauses restricting liability for late delivery , allowing for variation of the delivery date or tolerances in relation to the quantity to be delivered , clauses enabling the proferens to substitute alternative goods for those ordered , to withhold performance of its obligations or vary the terms of the contract , and force majeure clauses excusing non-performance , or extending the time for performance in the event of circumstances outside the proferens ' control , and possibly even clauses giving one party the right to withhold performance , or terminate the contract , in the event of breach by the other party , are all potentially subject to s3 . |