Common use of Purchaser Events of Default Clause in Contracts

Purchaser Events of Default. The occurrence of any one or more of the following shall constitute an Event of Default of Purchaser (“Purchaser Event of Default”): (a) The failure by Purchaser to perform any material obligations under this Agreement, unless such failure is caused by a Force Majeure Event or Seller Event of Default; provided, however, such failure continues for ninety (90) Business Days (or such additional reasonable period of time if the claimed default cannot be substantially cured through reasonable efforts) after Seller shall have given Notice demanding that such failure to perform be cured; or (b) Failure of Purchaser to pay undisputed amounts due and owing to Seller under this Agreement in accordance with the applicable timeframes specified in this Agreement; provided, however, Seller shall have given Notice of any such non-payment to Purchaser after the due date and at least thirty

Purchaser Events of Default. The occurrence of any one or more of the following shall constitute an Event of Default of Purchaser (“Purchaser Event of Default”):Default”):‌ (a) The failure by Purchaser to perform any material obligations under this Agreement, unless such failure is caused by a Force Majeure Event or Seller Event of Default; provided, however, such failure continues for ninety (90) Business Days (or such additional reasonable period of time if the claimed default cannot be substantially cured through reasonable efforts) after Seller shall have given Notice demanding that such failure to perform be cured; or (b) Failure of Purchaser to pay undisputed amounts due and owing to Seller under this Agreement in accordance with the applicable timeframes specified in this Agreement; provided, however, Seller shall have given Notice of any such non-payment to Purchaser after the due date and at least thirty