Seller Event of Default. In the event the GOP terminates this Agreement pursuant to Section 14.1(a) as a result of a Seller Event of Default (other than a failure to timely complete a Restoration pursuant to Section 15.9(d) of the Energy Purchase Agreement), the GOP or its designee shall have the right, but shall not be required, to acquire all of the Seller’s rights, title and interests in and to the Complex; provided, however, that if the GOP elects to acquire the Complex, the GOP or its designee will acquire the Complex and simultaneously pay the Seller the Compensation Amount set forth in Row 1 of Part I of Schedule 2 (Compensation Amounts) in accordance with the payment provisions set out in Section 15.5 (
Appears in 5 contracts
Samples: Implementation Agreement, Implementation Agreement, Implementation Agreement
