Common use of Defaults by Either Party Clause in Contracts

Defaults by Either Party. (a) A Party fails to make a payment when due hereunder if the failure is not cured within 10 days after the non-defaulting Party gives the defaulting Party a notice of the default.

Appears in 6 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Defaults by Either Party. (a) A Party fails to make a payment when due hereunder if the failure is not cured within 10 days ten (10) Business Days after the non-defaulting Party gives the defaulting Party a notice of the default.

Appears in 5 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Defaults by Either Party. (a) A Party fails Party’s failure to make a payment when due hereunder under this Agreement if the failure is not cured within 10 thirty (30) days after the non-defaulting Party gives the defaulting Party a notice of the default.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Defaults by Either Party. (a) A Party fails to make a payment when due hereunder if the failure is not cured within 10 days ten (10) Business Days after the non-defaulting Party gives the defaulting Party a notice of the default.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Defaults by Either Party. (a) a. A Party fails to make a payment of an undisputed amount when due hereunder if the failure is not cured within 10 ten (10) days after the non-defaulting Party gives the defaulting Party a notice of the default.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Defaults by Either Party. (a) A Party fails to make a payment when due hereunder if the failure is not cured within 10 ten (10) days after the non-defaulting Party gives the defaulting Party a notice of the default.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Defaults by Either Party. (a) A Party fails to make a payment when due hereunder if the failure is not cured within 10 days after the non-defaulting Party gives the defaulting Party a notice of the default, unless a Party is disputing some or all of the payment in good faith as permitted in Section 10.4.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

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Defaults by Either Party. (a) A Party fails to make a payment when due hereunder under this Agreement if the failure (i) is not subject to a good faith dispute of the amount due under Section 10.4, and (ii) is not cured within 10 days fifteen (15) Business Days after the non-defaulting Party gives the defaulting Party a notice of the default.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Defaults by Either Party. (a) A Party fails Party’s failure to make a payment when due hereunder under this Agreement if the failure is not cured within 10 ten (10) days after the non-defaulting Party gives the defaulting Party a notice of the default.

Appears in 1 contract

Samples: Power Purchase Agreement

Defaults by Either Party. (a) A Party fails to make a payment when due hereunder if the failure is not cured within 10 days after the non-defaulting Party gives the defaulting Party a notice of the default, except with respect to any amount being disputed by a Party pursuant to Section 10.4.

Appears in 1 contract

Samples: Power Purchase Agreement

Defaults by Either Party. (a) A Party fails to make a payment when due hereunder if the failure is not cured within 10 ten (10) days after the non-defaulting Party gives the defaulting Party a notice of the default, unless a Party is disputing some or all of the payment in good faith as permitted in Section 10.4.

Appears in 1 contract

Samples: Power Purchase Agreement

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