Common use of Cure of an Event of Default Clause in Contracts

Cure of an Event of Default. An Event of Default shall be deemed cured only if such default shall be remedied within the time period specified in Section 10.1, above, as may be applicable after written notice has been sent to the Defaulting Party from NCPA specifying the default and demanding that the same be remedied provided that failure of a Party to provide such notice shall not be deemed a waiver of such default.

Appears in 2 contracts

Samples: Third Phase Agreement, Third Phase Agreement

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Cure of an Event of Default. An Event of Default shall be deemed cured only if such default shall be remedied within the time period specified in Section 10.1, 12.1 above, as may be applicable applicable, after written notice has been sent to the Defaulting Party from NCPA or a non- defaulting Signatory Member specifying the default and demanding that the same be remedied provided remedied; provided, however, that the failure of a Party to provide such notice shall not be deemed a waiver of such default.

Appears in 1 contract

Samples: Northern California Power Agency

Cure of an Event of Default. An Event of Default shall be deemed cured only if such default shall be remedied within the time period specified in Section 10.1, above, as may be applicable after written notice has been sent to the Defaulting Party from NCPA specifying the default and demanding that the same be remedied provided remedied; provided, that failure of a Party to provide such notice shall not be deemed a waiver of such default.

Appears in 1 contract

Samples: Third Phase Agreement

Cure of an Event of Default. An Event of Default shall be deemed cured only if such default shall be remedied within the time period specified in Section 10.1, 9.1 above, as may be applicable applicable, after written notice has been sent to the Defaulting Party from NCPA specifying the default and demanding that the same be remedied provided remedied; provided, however, that the failure of a Party to provide such notice shall not be deemed a waiver of such default.

Appears in 1 contract

Samples: Natural Gas Program Agreement

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Cure of an Event of Default. An Event of Default shall be deemed cured only if such default shall be remedied within the time period specified in Section 10.113.1, above, as may be applicable applicable, after written notice has been sent to the Defaulting Party from NCPA specifying the default and demanding that the same be remedied provided remedied; provided, however, that failure of a Party to provide such notice shall not be deemed a waiver of such default.

Appears in 1 contract

Samples: Market Purchase Program Agreement

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