Common use of Operator Remedies for District Default Clause in Contracts

Operator Remedies for District Default. Upon the occurrence of an Event of Default by the District, the Operator may (i) exercise any of its rights or remedies at law or in equity, subject to any limitations set forth in this Agreement or (ii) terminate this Agreement upon thirty (30) days advance written notice to the District. Any termination of this Agreement by the Operator pursuant to this Section 8.2(b) shall require the payment by the District of the Operator Termination Fee pursuant to Section 9.3 hereof.

Appears in 4 contracts

Samples: Construction, Operating and Cooperative Endeavor Agreement, Construction, Operating and Cooperative Endeavor Agreement, Construction, Operating and Cooperative Endeavor Agreement

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