Authority Event of Default. Any of the following events shall constitute an event of default by the Authority ("Authority Event of Default”), when not caused by a Developer Event of Default:
Authority Event of Default. In the event, Lessee has not committed Lessee Event of Default and NRANVP fails to provide the Leased Land free from encumbrances to the Lessee within 30 (Thirty) Business Days of registration of this Agreement, it shall be construed as event of default on the part of Authority (the "Authority Event of Default”); Upon occurrence of Authority Event of Default, the Lessee shall give NRANVP a notice to rectify such default. Upon expiry of 30 (thirty) Business Days from the date of receipt of the notice by the Authority, if the default is not rectified by the Authority, the Lessee shall be entitled to receive compensation from the Lessor as specified in Article 7.5.
Authority Event of Default. The Authority Event of Default means any of the following events unless such an event has occurred as a consequence of a Concessionaire Event of Default or a Force Majeure Event (the “Authority Event of Default”).
Authority Event of Default. In the event, Lessee has not committed Lessee Event of Default and NRDA fails to provide the Leased Land free from Encumbrances to the Lessee within 30 (Thirty) Business Days of registration of this Agreement and fails to perform or discharge any of its obligations in accordance with the provisions of this Agreement, it shall be construed as event of default on the part of Authority (the "Authority Event of Default”); Upon occurrence of Authority Event of Default, the Lessee shall give NRDA a notice to rectify such default. Upon expiry of 30 (thirty) Business Days from the date of receipt of the notice by the Authority, if the default is not rectified by the Authority, the Lessee shall be entitled to receive compensation from the Lessor as specified in Article 7.5.
Authority Event of Default. BUYER RIGHTS AND REMEDIES In the event the Authority fails to deliver all Credits required to be delivered in accordance with the Payment Schedule set forth in Exhibit A, attached hereto, by 5:00 p.m. on the last day of October following the end of the applicable Compliance Year, it shall constitute an Event of Default by the Authority and the Buyer shall have the right to terminate the Buyer’s obligation to purchase the Credits the Authority has failed to deliver in accordance with the Payment Schedule for the prior Compliance Year only by providing written notice to the Authority. The Buyer shall not be entitled to terminate the Buyer’s obligation to purchase Credits in subsequent Compliance Years as set forth in Exhibit A.
Authority Event of Default. 22.2.1 The following events shall constitute events of default by the Authority (the Authority Event of Default), unless the same has occurred and / or results from a Concessionaire Event of Default or a Force Majeure Event:
Authority Event of Default. In the event that any of the defaults specified below shall have occurred, and the Authority fails to cure such default within a Cure Period of 90 (ninety) days or such longer period as has been expressly provided in this Agreement, the Authority shall be deemed to be in default of this Agreement (the “Authority Event of Default”) unless the default has occurred as a result of any breach of this Agreement by the Concessionaire or due to Force Majeure. The defaults referred to herein shall include:
Authority Event of Default. The following events shall constitute an Authority Event of Default:
Authority Event of Default. 22.2.1 In the event that any of the defaults specified below shall have occurred, and the Authority fails to cure such default within a Cure Period of 90 (ninety) days or such longer period as has been expressly provided in this Agreement, the Authority shall be deemed to be in default of this Agreement (the “Authority Event of Default”) unless the default has occurred as a result of any breach of this Agreement by the Concessionaire or due to Force Majeure. The defaults referred to herein shall include: a the Authority commits a material default in complying with any of the provisions of this Agreement and such default has a Material Adverse Effect on the Concessionaire; b the Authority repudiates this Agreement or otherwise takes any action that amounts to or manifests an irrevocable intention not to be bound by this Agreement.
Authority Event of Default. In the event, Licensee has not committed Licensee Event of Default and NRANVP fails to provide the Licensed Land free from encumbrances to the Licensee within 30 (Thirty) Business Days of registration of this Agreement, it shall be construed as event of default on the part of Authority (the "Authority Event of Default”); Upon occurrence of Authority Event of Default, the Licensee shall give NRANVP a notice to rectify such default. Upon expiry of 30 (thirty) Business Days from the date of receipt of the notice by the Authority, if the default is not rectified by the Authority, the Licensee shall be entitled to receive compensation from NRANVP as specified in Article 7.5.
