Owner Default definition

Owner Default has the meaning set forth in Section 16.5.
Owner Default has the meaning provided in Section 14.3.
Owner Default shall have the meaning set forth in Section 9.1. “Party” shall mean each of Utility and Owner.

Examples of Owner Default in a sentence

  • Owner shall have thirty (30) days from the date of such notice to either cure such Owner Default, or, if such Owner Default cannot be reasonably cured during such thirty (30) day period, to commence to cure within said thirty (30) day period and diligently prosecute such cure to completion thereafter.

  • Any Dispute over whether or not an Owner Default or Distribution Company Default has occurred shall be resolved in accordance with Article XVII.

  • In addition to the right to terminate this Agreement, upon the occurrence of any Owner Default (after any applicable notice and cure periods), Developer may, at any time while such Owner Default continues, exercise any other remedies that may be provided at law or in equity.

  • During the continuance of any Owner Default, Developer may also suspend Developer's performance under this Agreement, and any such suspension by Developer shall not constitute a breach of this Agreement, nor shall it affect Developer's right to the Development Fee, or any portion thereof.

  • The rights and remedies of either party under this Agreement with respect to the occurrence of a Consultant Default or Owner Default (as applicable) are cumulative with, and in addition to, any other right or remedy available to such party at law, in equity, or both.


More Definitions of Owner Default

Owner Default has the meaning provided in Section 14.2. “Owner Delay” has the meaning provided in Section 4.4.1. “Owner Security” has the meaning provided in Section 16.1.
Owner Default is defined in Section 11.2.
Owner Default shall have the meaning set forth in Section 22.4.
Owner Default shall occur if the Owner shall default in performing any duty or obligation to be performed by the Owner under this Agreement and such default shall not be remedied within (a) ten (10) calendar days after written notice of such default shall have been given by the Developer to the Owner describing the default in reasonable detail, or (b) in the case of any such default which is capable of being cured, but which cannot with due diligence and in good faith be cured within ten (10) calendar days, within such additional period as may be reasonably required to cure such default with due diligence and in good faith, but not in excess of sixty (60) calendar days from the date of such notice provided that the Owner has commenced the cure at the beginning of the ten (10) calendar day cure period.
Owner Default shall have the meaning ascribed to it in Section 17.02 of this Agreement.
Owner Default means the failure or delay of Owner or its representatives, agents, subcontractors or suppliers (other than Contractor and its Subcontractors and their agents and employees) to meet Owner’s material obligations under this Contract, including the obligations identified in Section 3.1.
Owner Default shall have the meaning attributed to it in Section 3.2.2.