Common use of The Authority Event of Default Clause in Contracts

The Authority Event of Default. 1. The Authority’s failure to perform or discharge its obligations in accordance with the provisions of the Agreement unless such failure has occurred as a consequence of any SPV Event of Default or a Force Majeure Event.

Appears in 3 contracts

Samples: Paddy Processing Agreement, Paddy Processing Agreement, Paddy Processing Agreement

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The Authority Event of Default. 1. The i. the Authority’s failure to perform or discharge its obligations in accordance with the provisions of the this Agreement unless such failure has occurred as a consequence of any SPV Operator Event of Default or a Force Majeure Event.

Appears in 1 contract

Samples: Substitution Agreement

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