Common use of Upon an Event of Default Clause in Contracts

Upon an Event of Default. If an Event of Default shall have occurred and be continuing with respect to a Defaulting Party, the other Party (the "Non-Defaulting Party") shall, at its sole discretion, have the right to take one or more of the following actions: (a) terminate this Agreement by declaring a date for its

Appears in 9 contracts

Sources: Natural Gas Sales Agreement, Natural Gas Sales Agreement, Natural Gas Sales Agreement