GOB Event of Default definition

GOB Event of Default bears the meaning scribed thereto in Section 13.2; “GOB Notice of Default” bears the meaning scribed thereto in Section 13.1;

GOB Event of Default has the meaning ascribed thereto in Section 14.2.1;

Examples of GOB Event of Default in a sentence

• In the event of a termination of this Agreement prior to the occurrence of Financial Closing due to a GOB Event of Default or BPDB Event of Default, as the case may be, the GOB shall, promptly, upon such termination, procure the return of the Performance Security Deposit by BPDB (without any drawings thereon) to the Company.

• In the event the Company terminates this Agreement pursuant to Section 13.2(a) through (h) as a result of a GOB Event of Default, the Company may elect to transfer the Facility to the GOB or its designee and, upon such transfer, the GOB or its designee shall pay the Company the compensation amount set forth in Row II of Schedule 2.

• In the event of a termination of this Agreement prior to the occurrence of Financial Closing due to a GOB Event of Default or as the case may be, the GOB shall, promptly, upon such termination, procure the return of the Performance Security Deposit by BPDB (without any drawings thereon) to the Company.

• In this epistemology, such issues as national interests, security concerns, and institutional priorities of the states are also treated as pregiven facts and objective conditions imposed by international anarchy.