Common use of Procedure for cases of Solar Power Developer’s Event of Default Clause in Contracts

Procedure for cases of Solar Power Developer’s Event of Default. 16.3.1 Upon the occurrence and continuation of any Solar Power Developer Event of Default under Article 16.1, APDCL shall be entitled to terminate this Agreement by issuing a notice stating its intention to terminate this Agreement (APDCL Preliminary Default Notice), which shall specify in reasonable detail, the circumstances giving rise to the issue of such notice.

Appears in 7 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Procedure for cases of Solar Power Developer’s Event of Default. 16.3.1 Upon the occurrence and continuation of any Solar Power Developer Event of Default under Article 16.1, APDCL BESCOM shall be entitled to terminate this Agreement by issuing a notice stating its intention to terminate this Agreement (APDCL BESCOM Preliminary Default Notice), which shall specify in reasonable detail, the circumstances giving rise to the issue of such notice.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

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Procedure for cases of Solar Power Developer’s Event of Default. 16.3.1 Upon the occurrence and continuation of any Solar Power Developer Event of Default under Article 16.1, APDCL BESCOM shall be entitled to terminate this Agreement by issuing a notice stating its intention to terminate this Agreement (APDCL BESCOM Power Purchase Agreement Preliminary Default Notice), which shall specify in reasonable detail, the circumstances giving rise to the issue of such notice.

Appears in 1 contract

Samples: Power Purchase Agreement

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