Right to Terminate Following Event of Default. If at any time an Event of Default with respect to a Party (the “Defaulting Party”) has occurred and is then continuing, after giving effect to the applicable Cure Period, the other Party (the “Non-Defaulting Party”) may, by not more than twenty (20) days’ notice to the Defaulting Party specifying the relevant Event of Default, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect of this Agreement. 15
Appears in 2 contracts
Sources: Renewable Natural Gas Attribute Purchase and Sale Agreement, Purchase and Sale Agreement
Right to Terminate Following Event of Default. If at any time an Event of Default with respect to a Party (the “Defaulting Party”) has occurred and is then continuing, after giving effect to the applicable Cure Period, the other Party (the “Non-Defaulting Party”) may, by not more than twenty (20) days’ notice to the Defaulting Party specifying the relevant Event of Default, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect of this Agreement. 1516
Appears in 2 contracts
Sources: Renewable Natural Gas Attribute Purchase and Sale Agreement, Renewable Natural Gas Attribute Purchase and Sale Agreement
Right to Terminate Following Event of Default. If at any time an Event of Default with respect to a Party party (the “Defaulting Party”) has occurred and is then continuing, after giving effect to the applicable Cure Period, the other Party (the “Non-Defaulting Party”) party may, by not more than twenty (20) 20 days’ notice to the Defaulting Party specifying the relevant Event of Default, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect of this Agreement. 15all outstanding Swap Transactions.
Appears in 2 contracts
Sources: Interest Rate Swap Agreement (New Ulm Telecom Inc), Interest Rate Swap Agreement (New Ulm Telecom Inc)
Right to Terminate Following Event of Default. If at any time an Event of Default with respect to a Party party (the “"Defaulting Party”") has occurred and is then continuing, after giving effect to the applicable Cure Period, the other Party party (the “"Non-Defaulting defaulting Party”") may, by not more than twenty five (205) days’ days notice to the Defaulting Party specifying the relevant Event of Default, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect of this Agreement. 15all outstanding Transactions.
Appears in 1 contract
Sources: Master Swap Agreement