Operator Event of Default definition

Operator Event of Default means any of the following events arising out of any acts or omissions of the Operator and which have not occurred as a direct consequence of any Authority Event of Default, a Qualifying Change in Law, a Fundamental Change in Law or a Force Majeure Event and (unless otherwise provided for in this Agreement) where the Operator has failed to remedy the defects specified in the Remedial Action Notice issued in accordance with Article 16.1.1:
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Operator Event of Default has the meaning given in Clause 16.2.1. “Operator Invoice” has the meaning given in Clause 11.1.1. “Operator Liability Cap” has the meaning given in Clause 12.2.1.
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Operator Event of Default means any or all of the events that are listed at Article 15.1. "Operator’s Notice" has the meaning given to it in Article 7.8.3.
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Examples of Operator Event of Default in a sentence

  • The Train Operator shall notify Network Rail promptly on becoming aware of the occurrence of a Train Operator Event of Default.

  • The Train Operator shall notify the CVL IM promptly on becoming aware of the occurrence of a Train Operator Event of Default.

  • Network Rail may serve a Suspension Notice where a Train Operator Event of Default has occurred and is continuing.

  • The CVL IM may serve a Suspension Notice where a Train Operator Event of Default has occurred and is continuing.

  • For the purposes of this Agreement, each of the following event or circumstance, to the extent not caused by a default of the Secretary or are not Force Majeure Events, shall be considered as event of default of the Operator (the "Operator Event of Default") which, if not remedied within the Cure Period of 15 (fifteen) days upon receipt of written notice from the Secretary, shall provide the Secretary the right to terminate this Agreement in accordance with Clause 13.3.


More Definitions of Operator Event of Default

Operator Event of Default has the meaning specified in Section 16.1.
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Operator Event of Default shall have the meaning as set forth in Article 17.1.1;
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Operator Event of Default means any or all of the events that are listed at Article 15.1.
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Operator Event of Default has the meaning given to that term in Section 10.1.
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Operator Event of Default has the meaning set forth in Section 14.1 (Events of Default By Operator).
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Operator Event of Default means (a) a default or event of default by Petrodome Energy, LLC under any document evidencing Indebtedness, (b) Petrodome Energy, LLC shall (i) apply for or consent to the appointment of a receiver, trustee or liquidator of it or all or a substantial part of its assets, (ii) file a voluntary petition commencing an Insolvency Proceeding, (iii) make a general assignment for the benefit of creditors of all or substantially all of its assets, (iv) be unable, or admit in writing its inability, to pay its debts generally as they become due or (v) file an answer admitting the material allegations of a petition filed against it in any Insolvency Proceeding, or (c) Viking shall cease to own 100% of the Equity Interests in Petrodome Energy, LLC.
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Operator Event of Default means an event of default of the Operator as defined in Section 9.2.1.
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