Common use of Termination for ESCOM’s Default Clause in Contracts

Termination for ESCOM’s Default. Upon the occurrence of an event of default as set out in sub-clause 9.2.2 above, the Company may deliver a Default Notice to the ...ESCOM in writing which shall specify in reasonable detail the Event of Default giving rise to the default notice, and calling upon the ESCOM to remedy the same within such reasonable time but not less than thirty days as may be specified in the notice. At the expiry of the time specified in the default notice, from the date of delivery of default notice, and unless the Parties have agreed otherwise, or the Event of Default giving rise to the Default Notice has been remedied, the Company may terminate this Agreement by delivering a Termination Notice to...ESCOM and intimate the same to the Commission. Upon delivery of the Termination Notice this Agreement shall stand terminated and the Company shall stand discharged of its obligations. Where a Default Notice has been issued with respect to an Event of Default, which requires the co-operation of both the Company and …ESCOM, to remedy, both the parties shall render all reasonable co- operations to enable the event of Default to be remedied.

Termination for ESCOM’s Default. Upon the occurrence of an event of default as set out in sub-clause 9.2.2 above, the Company may deliver a Default Notice to the ...ESCOM in writing which shall specify in reasonable detail the Event of Default giving rise to the default notice, and calling upon the ESCOM to remedy the same within such reasonable time but not less than thirty days as may be specified in the notice. At the expiry of the time specified in the default notice, from the date of delivery of default notice, notice and unless the Parties have agreed otherwise, or the Event of Default giving rise to the Default Notice has been remedied, the Company may terminate this Agreement by delivering a Termination Notice to...ESCOM and intimate the same to the Commission. Upon delivery of the Termination Notice this Agreement shall stand terminated and the Company shall stand discharged of its obligations. Where a Default Notice has been issued with respect to an Event of Default, which requires the co-operation of both the Company and …ESCOM, to remedy, both the parties shall render all reasonable co- co-operations to enable the event of Default to be remedied.

Termination for ESCOM’s Default. Upon the occurrence of an event Event of default Default as set out in sub-clause 9.2.2 above, the Company may deliver a Default Notice to the ...…………ESCOM in writing which shall specify in reasonable detail the Event of Default giving rise to the default noticeDefault Notice, and calling upon the ESCOM ……….ESCOM to remedy the same within such reasonable time but not less than thirty days as may be specified in the noticesame. At the expiry of the time specified in the default notice, 30 (thirty) days from the date of delivery of this default notice, notice and unless the Parties have agreed otherwise, or the Event of Default giving rise to the Default Notice has been remedied, the Company may deliver a Termination Notice to ………ESCOM. Company may terminate this Agreement by delivering such a Termination Notice to...to ESCOM and intimate the same to the Commission. Upon delivery of the Termination Notice this Agreement shall stand terminated and the Company shall stand discharged of its obligations. Where a Default Notice has been issued with respect to an Event of Default, which requires the co-operation of both the Company and …..ESCOM, to remedy, both the parties Company shall render all reasonable co- operations co-operation to enable the event Event of Default to be remedied.