Common use of Notice of Termination Event Clause in Contracts

Notice of Termination Event. The Seller will notify the Buyer promptly if the Seller is Bankrupt or Insolvent or if there is a material risk that the Seller will become Bankrupt or Insolvent or if the Seller has defaulted under any agreement with a Facility Lender or if any Permit for the Seller’s Plant is terminated or expires.

Appears in 4 contracts

Samples: Electricity Purchase Agreement, Electricity Purchase Agreement, Electricity Purchase Agreement

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Notice of Termination Event. The Seller will notify the Buyer promptly if the Seller is Bankrupt or Insolvent or if there is a material risk that the Seller will become Bankrupt or Insolvent or if the Seller has defaulted under any agreement with a Facility Lender or if any Permit or land tenure agreement for the Seller’s 's Plant is terminated or expires.

Appears in 2 contracts

Samples: Electricity Purchase Agreement, Electricity Purchase Agreement

Notice of Termination Event. ‌ - The Seller will notify the Buyer promptly if the Seller is Bankrupt or Insolvent or if there is a material risk that the Seller will become Bankrupt or Insolvent or if the Seller has defaulted under any agreement with a Facility Lender or if any Permit for the Seller’s Plant is terminated or expires.

Appears in 1 contract

Samples: Electricity Purchase Agreement

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Notice of Termination Event. The Seller will notify the Buyer promptly if the Seller is Bankrupt or Insolvent or if there is a material risk that the Seller will become Bankrupt or Insolvent or if the Seller has defaulted under any agreement with a Facility Lender or if any Permit for the Seller’s Plant is terminated or expires.

Appears in 1 contract

Samples: Electricity Purchase Agreement

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