Common use of Operator Events of Default Clause in Contracts

Operator Events of Default. 16.2.1 Without prejudice to Clause 20.1.3, the User may only terminate this Agreement upon the occurrence of any of the following events (each an “Operator Event of Default”); (a) the Operator fails to pay any amounts that are due to the User and such failure to pay is not cured in full or recovered within thirty (30) Business Days after the Operator receives notice of such failure; (b) the Operator commits a material breach of its obligations under this Agreement (including a breach of Applicable Law) and such breach is not capable of being cured; and (c) the Operator commits a material breach of its obligations under this Agreement which is capable of being cured and either (i) the Operator has not commenced endeavours to cure such breach within (10) Business Days after the Operator receives notice of such breach; or (ii) such breach has not been cured within thirty (30) days after the User gives the Operator notice of such breach or breaches.

Operator Events of Default. 16.2.1 Without prejudice to Clause 20.1.321.1.3, the User may only terminate this Agreement upon the occurrence of any of the following events (each an “Operator Event of Default”); (a) the Operator fails to pay any amounts that are due to the User and such failure to pay is not cured in full or recovered within thirty (30) Business Days after the Operator receives notice of such failure; (b) the Operator commits a material breach of its obligations under this Agreement (including a breach of Applicable Law) and such breach is not capable of being cured; and (c) the Operator commits a material breach of its obligations under this Agreement which is capable of being cured and either (i) the Operator has not commenced endeavours to cure such breach within (10) Business Days after the Operator receives notice of such breach; or (ii) such breach has not been cured within thirty (30) days after the User gives the Operator notice of such breach or breaches.

Operator Events of Default. ‌ 16.2.1 Without prejudice to Clause 20.1.321.1.3, the User may only terminate this Agreement upon the occurrence of any of the following events (each an “Operator Event of Default”); (a) the Operator fails to pay any amounts that are due to the User and such failure to pay is not cured in full or recovered within thirty (30) Business Days after the Operator receives notice of such failure; (b) the Operator commits a material breach of its obligations under this Agreement (including a breach of Applicable Law) and such breach is not capable of being cured; and (c) the Operator commits a material breach of its obligations under this Agreement which is capable of being cured and either (i) the Operator has not commenced endeavours to cure such breach within (10) Business Days after the Operator receives notice of such breach; or (ii) such breach has not been cured within thirty (30) days after the User gives the Operator notice of such breach or breaches.