Common use of Default by the Customer Clause in Contracts

Default by the Customer. The following shall constitute a default under this Contract: (a) Failure of the Customer to make to the Authority when due any of the payments for which provision is made in this Contract. (b) Failure of the Customer to perform any other obligation under this Contract for a period of sixty (60) days following receipt of written notice from the Authority to the Customer of such failure; provided, however, the Customer shall not be deemed in default under this subsection (b) if the Customer, after receipt of such notice, is proceeding with reasonable diligence to cure such failure.

Default by the Customer. The following shall constitute a default under this Contract: (a) Failure of the Customer to make to pay the Authority when due any of the payments for which provision is made in required under this ContractContract within ten (10) days following receipt of written notice from the Authority to the Customer of such failure. (b) Failure of the Customer to perform any other obligation under this Contract for a period of sixty (60) days following receipt of written notice from the Authority to the Customer of such failure; provided, however, the Customer shall not be deemed in default under this subsection (b) if the Customer, after receipt of such notice, is proceeding with reasonable diligence to cure such failure.