Common use of Failure to Cure Default Clause in Contracts

Failure to Cure Default. If the GOB fails to cure or is unable or unwilling to cure a BPDB Event of Default, within the cure periods provided to BPDB, as the case may be, under this Agreement, the Power Purchase Agreement, the Company shall have all of its rights and remedies with respect to such default as set forth in this Agreement, the Power Purchase Agreement, provided, that if the GOB is diligently attempting to cure any default other than a payment default of BPDB, as the case may be, and demonstrable progress toward affecting such cure is being made, the GOB shall be granted an additional period not exceeding 90 (ninety) Days to effect such cure before the Company may exercise its rights and remedies with respect to such default set forth in this Agreement and the Power Purchase Agreement.

Failure to Cure Default. If the GOB fails to cure or is unable or unwilling to cure a BPDB [INSERT THE BUILDING OWNER NAME] Event of Default, Default within the cure periods provided to BPDB, as the case may be, BPDB under this Agreement, the Power Purchase Lease Agreement, the Company shall have all of its rights and remedies with respect to such default as set forth in this Lease Agreement, the Power Purchase Agreement, ; provided, that if the GOB is diligently attempting to cure any default such default, other than a payment default of BPDB, as the case may be[INSERT THE BUILDING OWNER NAME] , and demonstrable progress toward affecting effecting such cure is being made, the GOB shall be granted an additional period not exceeding 90 (ninety) Days to effect such cure before the Company may exercise its rights and remedies with respect to such default set forth in this Agreement and the Power Purchase Lease Agreement.