Seller Event of Default definition

Seller Event of Default has the meaning specified in Section 12.1.
Seller Event of Default means an event described in Clause 19.1.
Seller Event of Default. The meaning ascribed thereto in Section 16.1.

Examples of Seller Event of Default in a sentence

  • In addition, to the extent that a Seller Event of Default causes a suspension of Seller’s performance, Seller shall be responsible for providing replacement Capacity and Energy equal to the Contract Capacity and the Delivered Energy required pursuant to this Agreement at its sole cost.

  • Upon termination of this Agreement due to a Seller Event of Default, Buyer shall have the right to draw upon or make a claim on Seller Security for any undisputed amounts owed to Buyer under this Agreement.

  • For avoidance of doubt, NamPower shall not assume any liability for termination of this Agreement as a result of a Force Majeure Event, Change in Law, Government Action, or a Seller Event of Default.

  • The Seller shall, to the extent that it has knowledge of the same, promptly notify NamPower in writing of the occurrence of any Seller Event of Default.

  • In addition and notwithstanding anything herein to the contrary contained herein, in the event of a Seller Event of Default, Seller shall be responsible for all of costs related to decommissioning and/or removal of the Project and any costs related to disconnecting the Project from the Connecting Transmission Owner’s Electrical System.


More Definitions of Seller Event of Default

Seller Event of Default has the meaning assigned to that term in Section 7.1.
Seller Event of Default shall have the meaning set forth in Section 10.3(a).
Seller Event of Default means each of the following events or occurrences:
Seller Event of Default has the meaning set forth in Clause 19.2 (Seller Event of Default);
Seller Event of Default. The meaning ascribed thereto in Section 14.1(a).
Seller Event of Default has the meaning set forth in Section 6.1.
Seller Event of Default means the occurrence of one or more of the following: