Common use of Termination for BESCOM Event of Default Clause in Contracts

Termination for BESCOM Event of Default. Save as otherwise provided in this Agreement, in the event that any of the defaults specified below shall have occurred, and BESCOM fails to cure the default within the Cure Period set forth below, or where no Cure Period is specified, then within a Cure Period of 30 (thirty) days, BESCOM shall be deemed to be in default of this Agreement (a "BESCOM Event of Default"), unless the default has occurred solely as a result of any breach of this Agreement by Developer or due to Force Majeure. The defaults referred to herein shall include the following:

Appears in 4 contracts

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

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