Termination for Company’s Default Sample Clauses
Termination for Company’s Default. Upon the occurrence of any event of default as set out in sub-clause 10.2 above, the Corporation/ESCOM/s may deliver a Default Notice to the Company in writing, which shall specify in reasonable detail the event of default giving rise to the default notice and call upon the Company to remedy the same within a month from the date of such notice.
Termination for Company’s Default. Upon the occurrence of an event of default as set out in clause 9.2.1 above, or for non-fulfillment of the Conditions Precedent set out in clause 2.3 herein before …ESCOM may deliver a Default Notice to the Company in writing which shall specify in reasonable detail the Event of Default or non-fulfillment of Conditions Precedent giving rise to the default notice, and calling upon the Company to remedy the same within such reasonable time not less than thirty days as may be specified in the notice. At the expiry of the time specified in the default notice from the date of delivery of default notice and unless the Parties have agreed otherwise, or the Event of Default giving rise to the default notice has been remedied, …ESCOM may terminate this Agreement by delivering a Termination Notice to the Company and intimate the same to the Commission. Upon delivery of the Termination Notice this Agreement shall stand terminated and …ESCOM shall stand discharged of all its obligations. However all payment obligations as per Article 5 prior to the date of termination of the Agreement shall be met by the Parties. Where a Default Notice has been issued with respect to an Event of Default, which requires the co-operation of both ...ESCOM and the Company to remedy, both the parties shall render all reasonable co-operation to enable the Event of Default to be remedied.
Termination for Company’s Default. Upon the occurrence of an event of default as set out in sub-clause 9.2.1 above, Corporation may deliver a Default Notice to the Company in writing which shall specify in reasonable detail the Event of Default giving rise to the default notice, and calling upon the Company to remedy the same.
Termination for Company’s Default. Upon the occurrence of an event of default, a Default Notice to the Company in writing which shall specify in reasonable detail the Event of Default and calling upon the Company to remedy the same within such reasonable time not less than thirty days as may be specified in the notice. At the expiry of the time specified in the default notice from the delivery of default notice to remedy the default and unless the Parties have agreed otherwise, or the Event of Default giving rise to the default notice has been remedied, Distribution utility may terminate this Agreement by delivering a Termination Notice to the Company and intimate the same to the Commission. Upon delivery of the Termination Notice this Agreement shall stand terminated and Distribution utility shall stand discharged of all its obligations. However all payment obligations as per Article 6 prior to the date of termination of the Agreement shall be met by the Parties.
Termination for Company’s Default. Upon the occurrence of an event of default as set out in sub-clause 9.2.1 above, ESCOM may deliver a Default Notice to the Company in writing which shall specify in reasonable detail the Event of Default giving rise to the default notice, and calling upon the Company to remedy the same.