Common use of Consequences of DWR Event of Default Clause in Contracts

Consequences of DWR Event of Default. Upon an Event of Default by DWR (other than an Event of Default under 7.01(a)) and upon DWR’s failure to comply with a final, non-appealable adjudication of the matter relating to such Event of Default by a court of competent jurisdiction, Utility may, in addition to exercising any other remedies available under this Agreement or under Applicable Law, terminate this Agreement in whole or in part.

Appears in 1 contract

Sources: Operating Agreement

Consequences of DWR Event of Default. Upon an Event of Default by DWR (other than an Event of Default under 7.01(a)) and upon DWR’s failure to comply with a final, non-appealable adjudication of the matter relating to such Event of Default by a court of competent jurisdiction, Utility may, in addition to exercising any other remedies available under this Agreement or under Applicable Law, shall request that the Commission terminate this Agreement Order in whole or in part, Section 2.05 notwithstanding.

Appears in 1 contract

Sources: Operating Order