Common use of Expiry of Cure Period Clause in Contracts

Expiry of Cure Period. In the event that the Lenders fail to cure any Company Event of Default on or before the expiration of the Lenders Cure Period BPDB may exercise its rights and remedies with respect to such default set forth in this Agreement and BPDB may immediately terminate this Agreement, and such termination shall be effective on delivery to the Lenders or the Agent of notice of such termination.

Appears in 19 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Expiry of Cure Period. In the event that the Lenders fail to cure any Company Event of Default on or before the expiration of the Lenders Cure Period Period, BPDB may exercise its rights and remedies with respect to such default set forth in this Lease Agreement and BPDB may immediately terminate this Lease Agreement, and such termination shall be effective on delivery to the Lenders or the Agent of notice of such termination.

Appears in 5 contracts

Samples: Land Lease Agreement, Land Lease Agreement, Land Lease Agreement

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Expiry of Cure Period. In the event that the Lenders fail to cure any Company Event of Default on or before the expiration of the Lenders Cure Period Period, BPDB may exercise its rights and remedies with respect to such default set forth in this Land Lease Agreement and BPDB may immediately terminate this Land Lease Agreement, and such termination shall be effective on delivery to the Lenders or the Agent of notice of such termination.

Appears in 1 contract

Samples: Land Lease Agreement

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