Common use of Owner’s Notice Clause in Contracts

Owner’s Notice. If Owner believes that an Emergency has arisen in relation to the Facility, Owner may give Notice to Operator specifying the nature of the Emergency which it has identified and the manner in which it requests such Emergency to be rectified. Operator shall rectify such Emergency with all due diligence. If Operator fails to comply with such Notice promptly, Owner or its designees shall have the right to take such actions as may be necessary to remedy such breach by Operator and rectify the Emergency.

Appears in 5 contracts

Samples: Operation and Maintenance Agreement, Operation and Maintenance Agreement (Cheniere Corpus Christi Holdings, LLC), Operation and Maintenance Agreement (Cheniere Corpus Christi Holdings, LLC)

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Owner’s Notice. If Owner believes that an Emergency has arisen in relation to the Facility, Owner may shall give Notice to Operator specifying the nature of the Emergency which it has identified and the manner in which it requests such Emergency to be rectified. Operator shall rectify such Emergency with all due diligence. If Operator is unable or fails to comply with such Notice promptly, Owner or its designees shall have the right to take such actions as may be necessary to remedy such breach by Operator and rectify the Emergency, and Owner shall inform Operator in writing of the actions taken by Owner within five (5) days.

Appears in 1 contract

Samples: Operation and Maintenance Agreement (Focus Impact BH3 NewCo, Inc.)

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