Common use of The Concessionaire Event of Default Clause in Contracts

The Concessionaire Event of Default. The Concessionaire Event of Default means any of the following events unless such an event hasoccurred as a consequence of the Concessioning Authority Event of Default or a Force MajeureEvent: i. the Concessionaire’sfailure to perform or dischargeany of itsobligations in accordancewiththeprovisions of this Agreement; ii. construction at the Project Site is abandoned for a more than 90 (ninety) Days during the Construction Phase; iii. a delay of more than 180 (one hundred and eighty) Days from any Milestone Date in achievingany of the performance obligations set forth for the relevant Milestone Date or the COD is delayedfor more than 180 (one hundred and eighty) Days from the Scheduled Project Completion Date;

The Concessionaire Event of Default. The Concessionaire Event of Default means any of the following events unless such an event hasoccurred has occurred as a consequence of the Concessioning Authority Event of Default or a Force MajeureEventMajeure Event: i. the Concessionaire’sfailure Concessionaire’s failure to perform or dischargeany discharge any of itsobligations its obligations in accordancewiththeprovisions accordance with the provisions of this Agreement; ii. construction at the Project Site is abandoned for a more than 90 (ninety) Days during the Construction Phase; iii. a delay of more than 180 (one hundred and eighty) Days from any Milestone Date in achievingany achieving any of the performance obligations set forth for the relevant Milestone Date or the COD is delayedfor delayed for more than 180 (one hundred and eighty) Days from the Scheduled Project Completion Date;

The Concessionaire Event of Default. The Concessionaire Event of Default means any of the following events unless such an event hasoccurred has occurred as a consequence of the Concessioning Authority Event of Default or a Force MajeureEventMajeure Event: i. (i) the Concessionaire’sfailure Concessionaire’s failure to perform or dischargeany discharge any of itsobligations its obligations in accordancewiththeprovisions accordance with the provisions of this Agreement; ii. construction (i) operations at the Project Site is are abandoned for a more than 90 (ninety) Days during the Construction PhaseConcession Period; iii. (ii) a delay of more than 180 (one hundred and eighty) Days from any Milestone Date in achievingany achieving any of the performance obligations set forth for the relevant Milestone Date or the COD Date of Commercial Operations is delayedfor delayed for more than 180 (one hundred and eighty) Days from the Scheduled Project Completion Date;