Owner Defaults. Except to the extent excused as a result of an event of Force Majeure in accordance with Article XV, the occurrence of one or more of the following events shall constitute a default by Owner under this Agreement (an “Owner Default”), provided that an event of Force Majeure shall not excuse an event described in clause (a), clause (h), or clause (i):
Owner Defaults. The following events shall constitute events of default with respect to Owner (each an “Owner’s default”):
Owner Defaults. Each of the following shall constitute an Event of Default by Owner:
Owner Defaults. The occurrence of any one or more of the following events shall constitute an event of default by Owner hereunder (an “Owner Event of Default”):
Owner Defaults. If OWNER materially breaches its obligations under Article 14 herein or its obligations to share maintenance and repair expenses of the Aircraft as provided herein, LESSEE may cancel this Lease upon not less than thirty (30) days’ written notice, after giving OWNER not less than ten (10) business days’ written notice of the default and an opportunity to cure such default within such ten (10) business day period. At the end of such cancellation notice period, LESSEE shall return the Aircraft in the condition required in Article 7(e) hereof.
Owner Defaults. In case one or more of the following Owner Defaults by the Owner shall occur and be continuing:
Owner Defaults. The occurrence of any one or more of the following events which continues for more than the period of grace (if any) provided below, shall constitute an “Event of Default” by Owner hereunder, and Owner shall be deemed a “Defaulting Party” with respect thereto and in “Default” hereunder:
Owner Defaults. In the event of a default by Owner under the Contract Documents which is not cured within ten (10) days after written notice from Contractor to Owner, Contractor shall be entitled, in addition to all other rights and remedies, to the following rights. If Owner defaults hereunder or does not pay any payments to Contractor when and as required under the Contract, then Contractor may stop the Work until payment of the amount owing has been received. Owner shall grant a reasonable adjustment to the Construction Schedule and Contract Sum following Contractor’s stopping the Work pursuant to this Section. If payment is not received by Contractor within fifteen (15) days of such Work stoppage, then Contractor shall have the right to terminate this Contract. If Contractor terminates the Contract, Contractor may recover from Owner the sum of: (A) payment for all Work performed including profit earned and that which would be earned if no default had occurred, for any loss sustained upon any materials, equipment, tools, and construction equipment and machinery (provided that the amount in Subsection (A) shall not exceed the Contract Sum less a reasonable estimate of the cost to complete the Work), minus(B) the portion of the Contract Sum previously paid.
Owner Defaults. If Owner fails to generate and deliver any useful amount of Energy as contemplated in this Agreement and (i) if such condition can be cured within thirty (30) days after Utilities’ notice of such event and Owner fails to so cure, or (ii) Owner fails to commence and pursue said cure within such thirty (30) day period if a longer cure period is needed; provided that the Owner provides the Utilities with notice of the expected time it will take to cure the breach and such timeframe is not greater than 365 days.
Owner Defaults. Owner shall be in default under this Agreement if Owner fails to: (a) pay any obligation of Owner under this Agreement within fifteen (15) days of becoming due; or (b) begin performing any other obligation of Owner, within twenty (20) days after receipt of notice from Provider stating the obligation Owner has failed to perform, and diligently pursue completion of the required performance. In the event of a default by Owner, Provider may: (i) terminate any services provided to Owner pursuant to this Agreement, or (ii) exercise any and all other legal and equitable remedies available to Provider.
