Host Default. The following events shall be defaults of Host (each, a “Host Default”): (a) Host breaches any material term of this Agreement, and such breach remains uncured for sixty (60) days after Supplier’s notice to Host of such breach, if curable within sixty (60) days, or Host fails to commence and pursue diligently a cure to such breach within sixty (60) days of receiving such notice, if a longer cure period is needed, and, in any event, fails to cure within ninety (90) days of receiving such notice; or (b) Host fails to pay Supplier any amount due Supplier hereunder within thirty (30) days from the date due.
Appears in 2 contracts
Sources: Commercial Power Purchase Agreement, Commercial Power Purchase Agreement