Common use of Termination for Authority Default Clause in Contracts

Termination for Authority Default. 17.2.1 The Operator may after giving ninety days’ notice in writing to the Authority terminate this Agreement upon the occurrence and continuation of any of the following events (each a “Authority Event of Default”), unless any such Authority Event of Default has occurred as a result of Operator Event of Default or due to a Force Majeure Event. a. Authority is in breach of this Agreement and such breach has a Material Adverse Effect on the Operator and the Authority has failed to cure such breach or take effective steps for curing such breach within ninety days of receipt of notice in this behalf from the Operator; b. Authority repudiates this Agreement or otherwise evidences an irrevocable intention not to be bound by this Agreement; c. Authority is in breach of any representation or warranty made under this Agreement.

Appears in 4 contracts

Samples: Operation and Maintenance Agreement, Operation and Maintenance Agreement, Operation and Maintenance Agreement

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