Cured Payment Default. A Payment Default which has been cured in accordance with Section 11.3 of this Agreement. If at any time during the Cure Period the Defaulting Purchaser is in Compliance, then the requirements of a Cured Payment Default shall be deemed to have been satisfied as of the date of receipt of such payments by SCPPA and the Cure Period shall expire.
Appears in 7 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Sb 859 Purchase Agreement
Cured Payment Default. A Payment Default which has been cured in accordance with Section 11.3 15.3 of this Agreement. If at any time during the Cure Period the Defaulting Purchaser Project Participant is in Compliance, then the requirements of a Cured Payment Default shall be deemed to have been satisfied as of the date of receipt of such payments by SCPPA and the Cure Period shall expire.
Appears in 2 contracts
Samples: Power Sales Agreement, Power Sales Agreement
Cured Payment Default. A Payment Default which has been cured in accordance with Section 11.3 15.3 of this Agreement. If at any time during the Cure Period the Defaulting Purchaser is in Compliance, then the requirements of a Cured Payment Default shall be deemed to have been satisfied as of the date of receipt of such payments by SCPPA and the Cure Period shall expire.
Appears in 2 contracts
Samples: Agency Agreement, Agency Agreement
