Owner Events of Default. The following shall constitute events of default on the part of Owner (each, an “Owner Event of Default”) under this Agreement:
Owner Events of Default. The following shall be considered "Owner Events of Default":
Owner Events of Default. Each of the following shall constitute an “Owner Event of Default” to the extent permitted by applicable law:
Owner Events of Default. (a) For the purposes of this Project Agreement, “
Owner Events of Default. The occurrence of any one or more of the following shall constitute an OWNER Event of Default under this Agreement:
Owner Events of Default. The Owner shall be in default of its obligations under the Contract upon the occurrence of any of following events, (each, an “Owner Event of Default”): the Owner becomes insolvent, generally does not pay its debts as they become due, admits in writing its inability to pay its debts, or makes a general assignment for the benefit of creditors, or insolvency, receivership, reorganization, bankruptcy, liquidation, or similar proceedings are commenced by or against the Owner under the Bankruptcy and Insolvency Act (Canada), the Companies Creditors Arrangement Act (Canada), the Winding-up and Restructuring Act (Canada) or other insolvency law or law relating to creditors rights and such proceedings remain undismissed or unstayed for a period of twenty (20) Business Days; or the Owner fails to perform or observe in any material respect any provision of the Contract providing for the payment of money to the Contractor. The Owner shall not be in default of its contractual obligations where the obligation to pay is disputed in good faith. Except for the Owner Event of Default set out in Section 15.4(a)(i) above, the Owner shall rectify an Owner Event of Default within a period of ten (10) Business Days. If the Owner advises the Contractor and the Contractor agrees that such default cannot be rectified within such ten (10) Business Days, the Owner shall provide the Contractor with a schedule and time for complete rectification of the default reasonably acceptable to the Contractor and the Owner shall then diligently proceed to rectify such default in accordance with that schedule failing which the Contractor may avail itself of the remedies described in Section 15.5. If the Parties cannot agree on a schedule for remedy of the Owner Event of Default within a fifteen (15) Business Day period then Article 25 shall apply. Remedy for Owner Events of Default Upon the occurrence of an Owner Event of Default that is not rectified or cured pursuant to Section 15.4, the Contractor may either: terminate the Contract by delivery of a notice of termination to the Owner, whereupon: the Contract shall be terminated, effective as of the date of termination in the notice unless prior to the effective date of termination the Owner has remedied the Owner Event of Default; and the Contractor shall be entitled to be paid:
Owner Events of Default. The following acts or events which have not been cured within thirty (30) days of notice thereof by Developer, shall constitute "Owner Events of Default":
Owner Events of Default. Owner shall be in default of this Agreement if any of the
Owner Events of Default. Owner shall be in default of its obligations pursuant to this Agreement upon the occurrence of any one or more events of default set forth below (each, an “Owner Event of Default”): Owner fails to pay any amount of the Contract Price owing under this Agreement that is not disputed in good faith, and such failure remains outstanding for a period of twenty (20) Business Days after Owner has received a notice of such payment default from Contractor stating that if Owner does not pay such amount Contractor may terminate this Agreement in accordance with Section 20.4; or An Insolvency Event occurs with respect to Owner.
Owner Events of Default. 35.1 Unless an EPC Contractor Event of Default shall be the cause thereof, from and after the Effective Date the following shall be events of default with respect to Owner (each of the following, an “Owner Event of Default”):
