Owner Event of Default definition

Owner Event of Default shall have the meaning set forth in Section 18.3.

Owner Event of Default has the meaning set forth in Section 12.2.

Owner Event of Default means any one or more of the following events or circumstances:

Examples of Owner Event of Default in a sentence

• If any termination for cause by Owner pursuant to this Section 9.1(b) is ultimately determined to have been wrongful, then such termination shall be deemed a termination for an Owner Event of Default pursuant to Section 9.2(b), and O&M Contractor’s sole remedy shall be the receipt of the amounts set forth in Section 9.2(b).

• Upon any Owner Event of Default, Contractor may terminate this Agreement thirty (30) days after giving written notice thereof to Owner so long as the amount owed by Owner (other than any amount disputed in accordance with the terms of this Agreement) is not paid within such thirty (30)-day period (a “Contractor Termination for Cause”).

• Unless Contractor terminates this Agreement pursuant to the foregoing provisions, Contractor shall not suspend or delay performance of the Work because of any Owner Event of Default.

• In the event of a Owner Event of Default, Manager shall have the right to institute any and all proceedings permitted by law or equity, including, without limitation, actions for specific performance and/or damages, provided except as expressly provided in this Agreement, Manager shall have no right to terminate this Agreement by reason of a Owner Event of Default.

• Manager agrees that in no event shall Owner’s liability to Manager with respect to lost or future Management Fees upon any Owner Event of Default exceed the amount of the termination fee that would be payable to Manager under Section 16.4.2 upon a termination of this Agreement as of the date of such Owner Event of Default.

More Definitions of Owner Event of Default

Owner Event of Default shall have the meaning set forth in Section 12.3 hereof

Owner Event of Default has the meaning set forth in Section 20.3.

Owner Event of Default has the meaning indicated in Section 12.

Owner Event of Default. As defined in Section 13.3.

Owner Event of Default means, in relation to a Chargor, any of the following:

Owner Event of Default shall have the meaning set forth in Section 9.2(a). “Owner’s Property” shall have the meaning set forth in Section 7.5. “Owner’s Representative” shall have the meaning set forth in Section 7.3. “Party” and “Parties” shall have the meanings set forth in the preamble.

Owner Event of Default has the meaning set forth in Section 12.2. “Owner Indemnified Party” has the meaning set forth in Section 10.1.1.