Common use of Rights and Remedies Upon an Event of Default Clause in Contracts

Rights and Remedies Upon an Event of Default. (a) Notice of Intent to terminate (i) Upon (or following) the occurrence of a GOB Event of Default or a Company Event of Default, as the case may be, that is not cured within the applicable period (if any) for cure, the non-defaulting party may, at its option, initiate termination of this Agreement by delivering a notice (a “Notice of Intent to Terminate”) of its intent to terminate this Agreement to the defaulting Party copied to the other Parties. (ii) The Notice of Intent to Terminate shall specify in reasonable detail the Company Event of Default, the GOB Event of Default, as the case may be, giving rise to such Notice of Intent to Terminate.

Rights and Remedies Upon an Event of Default. (a) Notice of Intent to terminateTerminate (i) Upon (or following) the occurrence of a GOB Entity Event of Default or a The Company Event of Default, as the case may be, that is not cured within the applicable period (if any) for cure, the non-defaulting party may, at its option, initiate termination of this Agreement Contract by delivering a notice (a “Notice of Intent to Terminate”) of its intent to terminate this Agreement Contract to the defaulting Party copied to the other PartiesParty. (ii) The Notice of Intent to Terminate shall specify in reasonable detail the The Company Event of Default, Default or the GOB Entity Event of Default, as the case may be, giving rise to such Notice of Intent to TerminateNotice.

Rights and Remedies Upon an Event of Default. (a) Notice of Intent to terminateTerminate (i) Upon (or following) the occurrence of a GOB an Off-Taker Event of Default or a Company Event of Default, as the case may be, that is not cured within the applicable period (if any) for cure, the non-defaulting party may, at its option, initiate termination of this Agreement by delivering a notice (a “Notice of Intent to Terminate”) of its intent to terminate this Agreement to the defaulting Party copied to the other PartiesParty. (ii) The Notice of Intent to Terminate shall specify in reasonable detail the Company Event of Default, Default or the GOB Off-Taker Event of Default, as the case may be, giving rise to such Notice of Intent to Terminate.