Failure to Cure Default. (i) If the Government fails to cure or is unable or unwilling to cure a BPDB Event of Default within the cure periods provided to BPDB under this Agreement, the Company shall have all its rights and remedies with respect to such default as set forth in this Agreement. (ii) Provided, that if the Government is diligently attempting to cure such default, other than a payment default of BPDB, and demonstrable progress toward effecting such cure is being made, the Government shall be granted an additional period not exceeding thirty (30) Days to effect such cure before the Company may exercise its rights and remedies with respect to such default set forth in this Agreement.
Appears in 4 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
