Common use of Termination for Company’s Default Clause in Contracts

Termination for Company’s Default. i) 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.

Appears in 2 contracts

Samples: Wheeling Agreement, Wheeling Agreement

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Termination for Company’s Default. i) Upon the occurrence of any an event of default as set out in sub-clause 10.2 9.2.1 above, or for non-fulfillment of the Corporation/ESCOM/s Conditions Precedent set out in Clause 2.2 herein before …ESCOM may deliver a Default Notice to the Company in writing, writing which shall specify in reasonable detail the event Event of default Default or non-fulfillment of Conditions Precedent giving rise to the default notice notice, and call calling upon the Company to remedy the same within a month from such reasonable time not less than thirty days as may be specified in the date of such notice.

Appears in 2 contracts

Samples: karunadu.karnataka.gov.in, prms.karnataka.gov.in

Termination for Company’s Default. i) 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...

Appears in 2 contracts

Samples: Banking Agreement, And Banking Agreement

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Termination for Company’s Default. i) 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.

Appears in 1 contract

Samples: Wheeling and Banking Agreement

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