Default Defined. As used herein, "Default" shall mean the failure of a party to make any payment or perform any obligation at the time and in the manner required by this agreement, except where such failure to discharge obligations (other than the payment of money) is the result of Force Majeure. Failure to make any payment in the time and manner required by this agreement shall not be excused as a Default by payment of late charges in accordance with the provisions in Section 20.02 below.
Appears in 5 contracts
Samples: Agreement (Ipalco Enterprises, Inc.), Agreement (Ipalco Enterprises Inc), Agreement (Indianapolis Power & Light Co)
Default Defined. As used herein, "Default" shall mean the failure of a party to make any payment or perform any obligation at the time and in the manner required by this agreement, except where such failure to discharge obligations (other than the payment of money) is the result of Force Majeureuncontrollable forces. Failure to make any payment in the time and manner required by this agreement shall not be excused as a Default by payment of late charges in accordance with the provisions in of Section 20.02 18.02 below.:
Appears in 4 contracts
Samples: Interconnection Agreement (Ipalco Enterprises, Inc.), Interconnection Agreement (Ipalco Enterprises Inc), Interconnection Agreement (Indianapolis Power & Light Co)
Default Defined. As used herein, "Default" shall mean the failure of a party Party to make any payment or perform any obligation at the time and in the manner required by this agreementAgreement, except where such failure to discharge obligations (other than the payment of money) is the result of Force Majeure. Failure to make any payment in the time and manner required by this agreement Agreement shall not be excused as a Default by payment of late charges except with respect to a Default cured in accordance with the provisions in Section 20.02 below.Paragraph 12.02
Appears in 2 contracts
Samples: Interconnection Agreement (Indianapolis Power & Light Co), Agreement (Indianapolis Power & Light Co)
Default Defined. As used herein, "Default" shall mean the failure of a party Party to make any payment or perform any obligation at the time and in the manner required by this agreementAgreement, except where such failure to discharge obligations (other than the payment of money) is the result of Force Majeure. Failure to make any payment in the time and manner required by this agreement Agreement shall not be excused as a Default by payment of late charges except with respect to a Default cured in accordance with the provisions in Section 20.02 Paragraph 12.02 below.
Appears in 2 contracts
Samples: Interconnection Agreement (Indianapolis Power & Light Co), Interconnection Agreement (Indianapolis Power & Light Co)
