Common use of Termination of agreement for Event of Default or Insolvency Event Clause in Contracts

Termination of agreement for Event of Default or Insolvency Event. In addition to any other termination right in this agreement, if a party has breached this agreement and the breach is an Event of Default, or a party has become subject to an Insolvency Event, the other party may (immediately in the case of an Insolvency Event, and not less than 1 Working Day after the end of the timeframe set out in clause 20.1 in the case of an Event of Default) issue a notice of termination to the defaulting party, effective either:

Appears in 27 contracts

Samples: powernet.co.nz, powernet.co.nz, topenergy.co.nz

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Termination of agreement for Event of Default or Insolvency Event. In addition to any other termination right in this agreement, if a party has breached this agreement and the breach is an Event of DefaultDefault of any of the types described in clause 12.4(a)-(c), or a party has become subject to an Insolvency Event, the other party may (immediately in the case of an Insolvency Event, and not less than 1 Working Day after the end of the timeframe set out in clause 20.1 12.1 in the case of an Event of Default) issue a notice of termination to the defaulting partyDefaulting Party, effective either:

Appears in 3 contracts

Samples: www.mainpower.co.nz, www.mainpower.co.nz, www.thelinescompany.co.nz

Termination of agreement for Event of Default or Insolvency Event. In addition to any other termination right in this agreement, if a party has breached this agreement and the breach is an Event of Default, or a party has become subject to an Insolvency Event, the other party may (immediately in the case of an Insolvency Event, and not less than 1 Working Day after the end of the timeframe set out in clause 20.1 in the case of an Event of Default) issue a notice of termination to the defaulting partyDefaulting Party, effective either:

Appears in 3 contracts

Samples: blob-static.vector.co.nz, blob-static.vector.co.nz, www.horizonnetworks.nz

Termination of agreement for Event of Default or Insolvency Event. In addition to any other termination right in this agreement, if a party has breached this agreement and the breach is an Event of Default, or a party has become subject to an Insolvency Event, the other party may (immediately in the case of an Insolvency Event, and not less than 1 Working Day after the end of the timeframe set out in clause 20.1 in the case of an Event of Default) issue a notice of termination to the defaulting party, effective either:either:β€Œ

Appears in 2 contracts

Samples: www.centralines.co.nz, www.unison.co.nz

Termination of agreement for Event of Default or Insolvency Event. In addition to any other termination right in this agreement, if a party has breached this agreement and the breach is an Event of Default, or a party has become subject to an Insolvency Event, the other party may (immediately in the case of an Insolvency Event, and not less than 1 Working Day after the end of the timeframe set out in clause 20.1 11.1 in the case of an Event of Default) issue a notice of termination to the defaulting partydDefaulting pParty, effective either:

Appears in 2 contracts

Samples: blob-static.vector.co.nz, blob-static.vector.co.nz

Termination of agreement for Event of Default or Insolvency Event. In addition to any other termination right in this agreement, if where a party has breached this agreement and the breach is an Event of Default, or a party has become subject to an Insolvency Event, the other party may (immediately in the case of an Insolvency Event, and not less than 1 Working Day after the end of the timeframe set out in clause 20.1 in the case of an Event of Default) issue a notice of termination to the defaulting party, effective either:

Appears in 2 contracts

Samples: www.powerco.co.nz, www.powerco.co.nz

Termination of agreement for Event of Default or Insolvency Event. In addition to any other termination right in this agreement, if a party has breached this agreement and the breach is an Event of Default, or a party has become subject to an Insolvency Event, the other party may (immediately in the case of an Insolvency Event, and not less than 1 Working Day after the end of the timeframe set out in clause 20.1 21.1 in the case of an Event of Default) issue a notice of termination to the defaulting party, effective either:

Appears in 1 contract

Samples: static1.squarespace.com

Termination of agreement for Event of Default or Insolvency Event. In addition to any other termination right in this agreement, if a party has breached this agreement and the breach is an Event of Default, or a party has become subject to an Insolvency Event, the other party may (immediately in the case of an Insolvency Event, and not less than 1 one Working Day after the end of the timeframe set out in clause 20.1 in the case of an Event of Default) issue a notice of termination to the defaulting party, effective either:

Appears in 1 contract

Samples: www.auroraenergy.co.nz

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Termination of agreement for Event of Default or Insolvency Event. In addition to any other termination right in this agreementAgreement, if a party Party has breached this agreement Agreement and the breach is an Event of Default, or a party Party has become subject to an Insolvency Event, the other party Party may (immediately in the case of an Insolvency Event, and not less than 1 Working Day after the end of the timeframe set out in clause 20.1 Clause 21.1 in the case of an Event of Default) issue a notice Notice of termination to the defaulting partyParty, effective either:

Appears in 1 contract

Samples: System Agreement

Termination of agreement for Event of Default or Insolvency Event. In addition to any other termination right in this agreement, if a party has breached this agreement and the breach is an Event of Default, or a party has become subject to an Insolvency Event, the other party may (immediately in the case of an Insolvency Event, and not less than 1 Working Day after the end of the timeframe set out in clause 20.1 12.1 in the case of an Event of Default) issue a notice of termination to the defaulting partyDefaulting Party, effective either:

Appears in 1 contract

Samples: www.ea.govt.nz

Termination of agreement for Event of Default or Insolvency Event. In addition to any other termination right in this agreement, if a party has breached this agreement and the breach is an Event of DefaultDefault of any of the types described in clause 12.4(a)- (c), or a party has become subject to an Insolvency Event, the other party may (immediately in the case of an Insolvency Event, and not less than 1 Working Day after the end of the timeframe set out in clause 20.1 12.1 in the case of an Event of Default) issue a notice of termination to the defaulting partyDefaulting Party, effective either:

Appears in 1 contract

Samples: www.thelinescompany.co.nz

Termination of agreement for Event of Default or Insolvency Event. In addition to any other termination right in this agreement, if a party has breached this agreement and the breach is an Event of Default, or a party has become subject to an Insolvency Event, the other party may (immediately in the case of an Insolvency Event, and not less than 1 Working Day after the end of the timeframe set out in clause 20.1 11.1 in the case of an Event of Default) issue a notice of termination to the defaulting partyDefaulting Party, effective either:

Appears in 1 contract

Samples: blob-static.vector.co.nz

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