Common use of Remedies of Producer Clause in Contracts

Remedies of Producer. Within five business days after learning of an event of default, Producer shall send a written notice to Facilitator and the Commission specifying the default and allowing a cure period of 30 days from the date of the notice to Facilitator and the Commission, unless a shorter period is ordered by the Commission. If the default is not cured within the cure period, Producer shall send a notice of termination to Facilitator and the Commission to take effect ten business days after the notice is sent, absent an order of the Commission to the contrary.

Remedies of Producer. Within five business days after learning of an event of default, Producer shall send a written notice to Facilitator and the Commission Board specifying the default and allowing a cure period of 30 days from the date of the notice to Facilitator and the CommissionBoard, unless a shorter period is ordered by the CommissionBoard. If the default is not cured within the cure period, Producer shall send a notice of termination to Facilitator and the Commission Board to take effect ten business days after the notice is sent, absent an order of the Commission Board to the contrary.

Remedies of Producer. Within five business days after of learning of an event of default, Producer shall send a written notice to Facilitator and the Commission Board specifying the default and allowing a cure period of 30 days from the date of the notice to Facilitator and the Commissiondays, unless a shorter period is ordered by the CommissionBoard. If the default is not cured within the cure period, Producer shall send a notice of termination to Facilitator and the Commission to take effect Board effective in ten business days after the days, which notice is sent, shall be of full force and effect absent an order of the Commission Board to the contrary.

Remedies of Producer. Within five (5) business days after learning of an event of default, Producer shall send a written notice to Facilitator Purchasing Agent and the Commission Board specifying the default and allowing a cure period of 30 thirty (30) days from the date of the notice to Facilitator Purchasing Agent and the CommissionBoard, unless a shorter period is ordered by the CommissionBoard. If the default is not cured within the cure period, Producer shall send a notice of termination to Facilitator Purchasing Agent and the Commission Board to take effect ten business days after the notice is sent, absent an order of the Commission Board to the contrary.

Remedies of Producer. Within five business days after learning of an event of default, Producer shall send a written notice to Facilitator and the Commission BoardCommission specifying the default and allowing a cure period of 30 days from the date of the notice to Facilitator and the CommissionBoardCommission, unless a shorter period is ordered by the CommissionBoardCommission. If the default is not cured within the cure period, Producer shall send a notice of termination to Facilitator and the Commission BoardCommission to take effect ten business days after the notice is sent, absent an order of the Commission BoardCommission to the contrary.