Common use of Authority Event of Default Clause in Contracts

Authority Event of Default. In the event, Lessee has not committed Lessee Event of Default and NRANVP fails to provide the Leased Land free from encumbrances to the Lessee within 30 (Thirty) Business Days of registration of this Agreement, it shall be construed as event of default on the part of Authority (the "Authority Event of Default”); Upon occurrence of Authority Event of Default, the Lessee shall give NRANVP a notice to rectify such default. Upon expiry of 30 (thirty) Business Days from the date of receipt of the notice by the Authority, if the default is not rectified by the Authority, the Lessee shall be entitled to receive compensation from the Lessor as specified in Article 7.5.

Authority Event of Default. In the event, Lessee Licensee has not committed Lessee Licensee Event of Default and NRANVP fails to provide the Leased Licensed Land free from encumbrances to the Lessee Licensee within 30 (Thirty) Business Days of registration of this Agreement, it shall be construed as event of default on the part of Authority (the "Authority Event of Default”); Upon occurrence of Authority Event of Default, the Lessee Licensee shall give NRANVP a notice to rectify such default. Upon expiry of 30 (thirty) Business Days from the date of receipt of the notice by the Authority, if the default is not rectified by the Authority, the Lessee Licensee shall be entitled to receive compensation from the Lessor as specified in Article 7.5.

Authority Event of Default. In the event, Lessee Xxxxxx has not committed Lessee Event of Default and NRANVP fails to provide the Leased Land free from encumbrances to the Lessee within 30 (Thirty) Business Days of registration of this Agreement, it shall be construed as event of default on the part of Authority (the "Authority Event of Default”); Upon occurrence of Authority Event of Default, the Lessee shall give NRANVP a notice to rectify such default. Upon expiry of 30 (thirty) Business Days from the date of receipt of the notice by the Authority, if the default is not rectified by the Authority, the Lessee shall be entitled to receive compensation from the Lessor as specified in Article 7.5.

Authority Event of Default. In the event, Lessee has is not committed Lessee Event of Default in default as per Article 6.1 (a) and NRANVP fails to provide the Leased Land free from encumbrances to the Lessee within 30 (Thirty) Business Days working days of registration Signing of this Agreement and fails to perform or discharge any of its obligations in accordance with the provisions of this Agreement, it shall be construed as event of default on the part of Authority (the "Authority Event of Default”); Upon occurrence In any of Authority Event the NRANVP Events of Default, Default the Lessee shall give NRANVP a notice to rectify such default. Upon expiry of 30 (thirty) Business Days days from the date of receipt of the notice by the Authority, if the default is not rectified by NRANVP, shall give the Authority, compensation to the Lessee shall be entitled to receive compensation from the Lessor as specified in Article 7.56.5.

Authority Event of Default. In the event, Lessee Xxxxxx has not committed Lessee Event of Default and NRANVP NRDA fails to provide the Leased Land free from encumbrances to the Lessee within 30 (Thirty) Business Days of registration of this Agreement, it shall be construed as event of default on the part of Authority (the "Authority Event of Default”); Upon occurrence of Authority Event of Default, the Lessee shall give NRANVP NRDA a notice to rectify such default. Upon expiry of 30 (thirty) Business Days from the date of receipt of the notice by the Authority, if the default is not rectified by the Authority, the Lessee shall be entitled to receive compensation from the Lessor as specified in Article Clause 7.5.

Authority Event of Default. In the event, Lessee has not committed Lessee Event of Default and NRANVP fails to provide the Leased Land free from encumbrances to the Lessee within 30 (Thirty) Business Days of registration of this Agreement, it shall be construed as event of default on the part of Authority (the "Authority Event of Default”); Upon occurrence of Authority Event of Default, the Lessee shall give NRANVP a notice to rectify such default. Upon expiry of 30 (thirty) Business Days from the date of receipt of the notice by the Authority, if the default is not rectified by the Authority, the Lessee shall be entitled to receive compensation from the Lessor as specified in Article Clause 7.5.

Authority Event of Default. In the event, Lessee has is not committed Lessee Event of Default in default as per Article 6.1 (a) and NRANVP fails to provide the Leased Land free from encumbrances to the Lessee within 30 (Thirty) Business Days working days of registration of this Agreement and fails to perform or discharge any of its obligations in accordance with the provisions of this Agreement, it shall be construed as event of default on the part of Authority (the "Authority Event of Default”); Upon occurrence In any of Authority Event the NRANVP Events of Default, Default the Lessee shall give NRANVP a notice to rectify such default. Upon expiry of 30 (thirty) Business Days days from the date of receipt of the notice by the Authority, if the default is not rectified by NRANVP, shall give the Authority, compensation to the Lessee shall be entitled to receive compensation from the Lessor as specified in Article 7.56.5.

Authority Event of Default. In the event, Lessee has not committed Lessee Event of Default and NRANVP NRDA fails to provide the Leased Land free from encumbrances to the Lessee within 30 (Thirty) Business Days of registration of this Agreement, it shall be construed as event of default on the part of Authority (the "Authority Event of Default”); Upon occurrence of Authority Event of Default, the Lessee shall give NRANVP NRDA a notice to rectify such default. Upon expiry of 30 (thirty) Business Days from the date of receipt of the notice by the Authority, if the default is not rectified by the Authority, the Lessee shall be entitled to receive compensation from the Lessor as specified in Article Clause 7.5.