Common use of OPERATOR'S DEFAULT Clause in Contracts

OPERATOR'S DEFAULT. The occurrence of any of the following events shall constitute a default by Operator under this Agreement: (i) Operator fails to timely pay any installment of rent or any additional rent; (ii) Operator ceases to provide any service that Operator is required to provide under this Agreement for a period of seven (7) consecutive days;

Appears in 2 contracts

Sources: Saso Operating Agreement, Saso Operating Agreement