Cure Rights. The parties agree that Security Trustee, or any other Enforcing Party, may but need not, take steps to cure, or procure the cure of, a Termination Event or (where relevant) prevent the occurrence of a Termination Event. SFV agrees that a Termination Event no longer exists under or for the purposes of the LTESA or the PDA (as applicable) once: (a) it is cured or procured to be cured by Security Trustee or any other Enforcing Party; or (b) it is taken to be cured in accordance with clause 4.6 (“Deemed cure”).
Appears in 11 contracts
Samples: Long Term Energy Service Agreement and Project Development Agreement, Long Term Energy Service Agreement and Project Development Agreement, Long Term Energy Service Agreement and Project Development Agreement
