Common use of Notice to Lenders of Company Event of Default Clause in Contracts

Notice to Lenders of Company Event of Default. a) No Termination without Notice to Lenders Notwithstanding anything in this Agreement, from and after the occurrence of the Financial Closing Date, BPDB shall not seek to terminate this Agreement without first giving to the Lenders a copy of any notices given to the Company under Sections 4.2 and 4.4, such notice to be coupled with a request to the Lenders to cure any such default within the cure period specified in Section 4.4(b) (the “Initial Cure Period”), which period shall commence upon delivery of each such notice to the Lenders.

Appears in 6 contracts

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

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Notice to Lenders of Company Event of Default. (a) No Termination without Notice to Lenders Notwithstanding anything in this Agreement, from and after the occurrence of the Financial Closing Date, BPDB shall not seek to terminate this Agreement without first giving to the Lenders a copy of any notices given to the Company under Sections 4.2 and 4.4, such notice to be coupled with a request to the Lenders to cure any such default within the cure period specified in Section 4.4(b) (the “Initial Cure Period”), which period shall commence upon delivery of each such notice to the Lenders.

Appears in 4 contracts

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

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Notice to Lenders of Company Event of Default. (a) No Termination without Notice to Lenders Notwithstanding anything in this Agreement, from and after the occurrence of the Financial Closing Date, BPDB shall not seek to terminate this Agreement without first giving to the Lenders a copy of any notices given to the Company under Sections 4.2 and 4.4, such notice to be coupled with a request to the Lenders to cure any such default within the cure period specified in Section 4.4(b) (the “Initial Cure Period”), which period shall commence upon delivery of each such notice to the Lenders.

Appears in 1 contract

Samples: Power Purchase Agreement

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