Termination for Concessionaire Default. 37.1.1 Save as otherwise provided in this Agreement, in the event that any of the defaults specified below shall have occurred, and the Concessionaire fails to cure the default within the Cure Period set forth below, or where no Cure Period is specified, then within a Cure Period of 60 (sixty) days, the Concessionaire shall be deemed to be in default of this Agreement (the “Concessionaire Default”), unless the default has occurred solely as a result of any breach of this Agreement by the Authority or due to Force Majeure. The defaults referred to herein shall include:
Termination for Concessionaire Default. 17.1.1 Save as otherwise provided in this Agreement, in the event that any of the defaults specified below shall have occurred, and the Concessionaire fails to cure the default within the Cure Period set forth below, or where no Cure Period is specified, then within a Cure Period of 60 (sixty) days, the Concessionaire shall be deemed to be in default of this Agreement ("Concessionaire Event of Default") unless such event has occurred as a result of a Force Majeure Event or DTIDCL Event of Default:
Termination for Concessionaire Default. Save as otherwise provided in this Agreement, in the event that any of the defaults specified below shall have occurred, and the Concessionaire fails to cure the default within the Cure Period set forth below, or where no Cure Period is specified, then within a Cure Period of 60 (sixty) days, the Concessionaire shall be deemed to be in default of this Agreement (the “Concessionaire Default”), unless the default has occurred solely as a result of any breach of this Agreement by the Authority or due to Force Majeure. The defaults referred to herein shall include: the Performance Security has been encashed and appropriated in accordance with Clause 9.2 and the Concessionaire fails to replenish or provide fresh Performance Security within a Cure Period of 30 (thirty) days; subsequent to the replenishment or furnishing of fresh Performance Security in accordance with Clause 9.2, the Concessionaire fails to cure, within a Cure Period of 90 (ninety) days, the Concessionaire Default for which whole or part of the Performance Security was appropriated; the Concessionaire does not achieve the latest outstanding Project Milestone due in accordance with the provisions of Schedule-G and continues to be in default for 90 (ninety) days; the Concessionaire abandons or manifests intention to abandon the construction or operation of the Project Highway without the prior written consent of the Authority; Project Completion Date does not occur within the period specified in Clause 12.4.3; the Punch List items have not been completed within the period set forth in Clause 14.4.1; the Concessionaire is in breach of the Maintenance Requirements or the Safety Requirements, as the case may be; the Concessionaire has failed to make any payment to the Authority within the period specified in this Agreement; an Escrow Default has occurred and the Concessionaire fails to cure the default within a Cure Period of 15 (fifteen) days; upon occurrence of a Financial Default, the Lenders’ Representative has by notice required the Authority to undertake Suspension or Termination, as the case may be, in accordance with the Substitution Agreement and the Concessionaire fails to cure the default within the Cure Period specified in hereinabove; a breach of any of the Project Agreements by the Concessionaire has caused a Material Adverse Effect; the Concessionaire creates any Encumbrance in breach of this Agreement; the Concessionaire repudiates this Agreement or otherwise takes any action or evide...
Termination for Concessionaire Default. 21.1.1. Without prejudice to any other rights or remedies which the Authority may have under this Agreement, upon occurrence of a Concessionaire Default and failure of the Concessionaire to cure the Concessionaire Default within the Cure Period, the Authority shall be entitled to terminate this Agreement by issuing a Termination Notice to the Concessionaire. The Termination under this Article shall be effective 7 days from the issue of Termination Notice (“Termination Date”).
Termination for Concessionaire Default. 25.1.1 Save as otherwise provided in this Agreement, in the event that any of the defaults specified below shall have occurred, the Concessionaire shall be deemed to be in default of this Agreement (the "Concessionaire Default"), unless the default has occurred solely as a result of any breach of this Agreement by the Authority or due to Force Majeure. Upon occurrence of a Concessionaire Default, the Authority shall issue a Notice of Breach to the Concessionaire and to the Lender’s Representative, intimating about the breach and commencement of Cure Period for repair of such breach. The Cure Period shall be for a duration of 60 (sixty) days from the date of issue of Notice of Breach. The breach / defaults referred to herein shall include:
Termination for Concessionaire Default. 17.1.1 Save as otherwise provided in this Agreement, in the event that any of the defaults specified below shall have occurred, and the Concessionaire fails to cure the default within a cure period of 60 (sixty) days, the Concessionaire shall be deemed to be in default of this Agreement (a "Concessionaire Default"), unless the default has occurred solely as a result of any breach of this Agreement by Railway Administration or due to Force Majeure. The defaults referred to herein shall include:
Termination for Concessionaire Default. 35.1.1 Save as otherwise provided in this Agreement, in the event that any of the defaults specified below shall have occurred, and the Concessionaire fails to cure the default within the Cure Period set forth below or within the Cure Period specified anywhere else in this Agreement, or where no Cure Period is specified, then within a Cure Period of 60 (Sixty) days or as mutually agreed upon through written communication, the Concessionaire shall be deemed to be in default of this Agreement (a "Concessionaire Default"),unless the default has occurred solely as a result of any breach of this Agreement by the Authority or due to a Force Majeure Event. The defaults referred to herein shall include:
Termination for Concessionaire Default. Subject to Applicable Laws and save as otherwise provided in this Agreement, in the event that any of the defaults that shall have occurred, and the Concessionaire fails to cure the default within the Cure Period set forth below, or where no Cure Period is specified, then within a Cure Period of 60 (sixty) days, the Concessionaire shall be deemed to be in default of this Agreement.
Termination for Concessionaire Default. (a) Subject to the provisions of the Direct Agreement and the 395 Direct Agreement, at any time after the occurrence and during the continuance of a Concessionaire Default, the Department is entitled to terminate this Agreement and any other Project Agreement to which the Department and the Concessionaire are both parties.
Termination for Concessionaire Default. 163 Section 20.06 Termination for Department Default .............................................................164 Section 20.07
