EVENTS OF DEFAULT AND TERMINATION EVENT. Under this agreement, an event of default includes, but is not limited to of any of the following:
EVENTS OF DEFAULT AND TERMINATION EVENT. Under this agreement, an event of default includes, but is not limited to of any of the following: Any breach of the terms of this agreement. Producer fails to deliver any Electricity from the Project for a period of twelve consecutive months at any time after Commissioning. Producer ceases to hold any Regulatory Approval after commissioning, the failure or cessation of which results in a lack of legal right on the part of Producer to continue to operate the Project. Any information provided by Producer relative to this Agreement or any information, representations or warranties set out in this Agreement is not true or correct in any material respect when given, or Producer commits any act of fraud in relation to this Agreement or any regulatory proceeding relating to the Project. By agreement, decree, judgment or order of a court, Producer agrees to be treated as and/or is adjudicated bankrupt or insolvent, or real or personal property of the Project is sequestered or subject to the appointment of any third party and such agreement, decree, judgment, order of appointment continues in effect unrevoked, undischarged and unstayed for a period of thirty (30) days after the entry or implementation thereof. Producer utilizes electricity, or any source of fuel other than the fuel type specified in attachment A, for the generation of electricity. Producer fails or ceases to comply with Good Engineering and Operating Practices. Producer fails to comply with applicable statutory requirements or Commission Rules or Commission Orders.
