Common use of Events of Default by Seller Clause in Contracts

Events of Default by Seller. It shall constitute an Event of Default by Seller if Seller breaches any material obligation under this Agreement that proves to have a material adverse effect on Buyer and fails to cure the breach within thirty (30) Business Days after notification by Buyer of the breach. Events of Default in this Section 8.3 are subject to specific performance and monetary damages pursuant to Section 8.5 (Remedies).

Appears in 3 contracts

Samples: Net Energy Power Sales Agreement, Net Metered Power Sales Agreement, Net Metered Power Sales Agreement

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Events of Default by Seller. It The following shall each constitute an Event of Default by Seller if Seller: (a) Seller breaches any curable material obligation under this Agreement that proves to have a material adverse effect on Buyer and fails to cure the breach within thirty (30) Business Days days after receiving written notification by from Buyer of the breach. Events . (b) Any other material breach of Default in this Section 8.3 are subject to specific performance and monetary damages pursuant to Section 8.5 Agreement not specifically enumerated, which is not cured within thirty (Remedies)30) days after Seller receives written notification of default from Buyer.

Appears in 1 contract

Samples: Power Purchase Agreement

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Events of Default by Seller. It shall constitute an Event of Default by Seller if Seller breaches any material obligation under this the Agreement that proves to have a material adverse effect on Buyer or Seller and fails to cure the breach within thirty (30) Business Days after notification by Buyer of the breach. Events of Default in this Section 8.3 are subject to specific performance and monetary damages pursuant to Section 8.5 (Remedies)8.5.

Appears in 1 contract

Samples: Inter Governmental Net Metering Credit Purchase Agreement

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