Common use of Seller Event of Default Clause in Contracts

Seller Event of Default. A “Seller Event of Default” shall be deemed to exist upon the occurrence and during the continuance of any one or more of the following events: (i) Seller breaches a material term of this Agreement, and such breach is not cured within 60 Days following written notice from Buyer; or (ii) Seller fails to pay any amount due under this Agreement in full within 60 Days of the due date of such payment, subject to Section 17.13.

Appears in 3 contracts

Samples: Ethylene Sales Agreement, Ethylene Sales Agreement (Westlake Chemical Partners LP), Ethylene Sales Agreement (Westlake Chemical Partners LP)

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Seller Event of Default. A “Seller Event of Default” shall be deemed to exist upon the occurrence and during the continuance of any one or more of the following events: (i) Seller breaches a material term of this Agreement, and such breach is not cured within 60 Days following written notice from Buyer; or (ii) Seller fails to pay any amount due under this Agreement in full within 60 Days of the due date of such payment, subject to Section 17.1317.2.

Appears in 3 contracts

Samples: Feedstock Supply Agreement, Feedstock Supply Agreement (Westlake Chemical Partners LP), Feedstock Supply Agreement (Westlake Chemical Partners LP)

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