Provider Default definition

Provider Default has the meaning set forth in Section 11.1(a).

Provider Default shall have the meaning set forth in Section 11.2.

Provider Default means any of the following events:

Examples of Provider Default in a sentence

• This LGIA shall become effective upon execution by the Parties subject to acceptance by FERC (if applicable), or if filed unexecuted, upon the date specified by FERC.

• If any Provider Default creates an imminent risk of damage or injury to any Person or any Person’s property or a risk of a violation of Applicable Law, then, in addition to any other right or remedy that Host may have, Host may (but shall not be obligated to) take such action as Host deems appropriate to prevent such damage or injury or violation of Applicable Law.

• If a Provider Default described in Section 11.1(a) has occurred and is continuing, Host may exercise any other remedy it may have at law or equity or under this Agreement and require Provider to immediately remove the System from the Property in compliance with the timeframe specified in Section 2.4 herein.

• Failure to provide the required Removal Security shall be an event of Provider Default under Section 11.1. If Provider fails to remove or commence substantial efforts to remove the System by such agreed upon date, Host shall have the right, at its option, and upon prior written notice, to remove the System to a public warehouse and restore the Property substantially to its original condition (subject to ordinary wear and tear) all at Provider’s cost and expense.

• Without assuming Provider’s responsibility in the sentence above, Host will deliver to the Lender, concurrently with delivery thereof to Provider, a copy of each notice of default or other written notice given by Host under this Agreement, inclusive of, in the case of a notice of default, a reasonable description of Provider Default.

More Definitions of Provider Default

Provider Default means (a) the delivery by the Borrower to Provider of a written notice of the termination of the Provider as the “Provider” as such term is defined in the Administrative Services Agreement or the Maintenance Services Agreement, or (b) the termination of the Provider as the “Provider” as such term is defined in the Administrative Services Agreement or the Maintenance Services Agreement or any other event that would with the giving of notice, passage of time or both would result in the termination of the Provider as the “Provider” as such term is defined in the Administrative Services Agreement or the Maintenance Services Agreement. A Provider Default may be cured (x) if the grounds for removal are rescinded in writing by Borrower Member or cease to exist or (y) by the appointment of a Qualified Manager as replacement “Provider” on terms materially similar to the terminated Service Agreements (including the applicable Backup Services Agreement) and where such removal and replacement would not otherwise have a Material Adverse Effect. The Initial Backup Servicer is acknowledged to be an acceptable replacement “Provider” in respect of the Administrative Services Agreement and each Person set forth of Appendix 8 is acknowledged to be an acceptable replacement “Provider” in respect of the Maintenance Services Agreement.

Provider Default shall have the meaning set forth in Section 11.2. “PV O&M Work” shall have the meaning set forth in Section 4.1.1.

Provider Default has the meaning set forth in Section 11.1(a). “Provider Indemnified Parties” has the meaning set forth in Section 17.2.

Provider Default has the meaning given in section 46A of the ESOS Act and paragraph 6.1 of these Conditions of Enrolment. Student Default has the meaning given in section 47A of the ESOS Act and paragraph 6.2 of these Conditions of Enrolment.

Provider Default means, with respect to the Provider of a Credit Facility or Liquidity Facility, any of the following: (i) there shall occur a failure of the Provider to make payment under its Credit Facility or Liquidity Facility;

Provider Default means, with respect to the Service Agreement, (a) written notice of termination thereof by the Service Provider, (b) termination thereof by, or resignation by or removal of, the Service Provider, or (c) any other event that with the giving of notice, passage of time, or both, would result in termination thereof or removal of the Service Provider, in each case subject to cure rights described in Section 8.01(l) (and, if such cure rights are exercised and the replacement of the Service Provider is effectuated in accordance with the terms of this Agreement, such event shall cease to be a Provider Default).

Provider Default means, with respect to the Service Agreement, (a) written notice of termination thereof by the Service Provider, (b) termination thereof by, or resignation by or removal of, the Service Provider, or (c) any other event that with the giving of notice, passage of time, or both, would result in termination thereof or removal of the Service Provider, in each case subject to cure rights described in Section 8.01(l).