Potentially Non-Defaulting Party definition
Potentially Non-Defaulting Party means a Party that, but for a cure of a Potential Event of Default or failure of performance by the Potentially Non-Defaulting Party, would be a Non-Defaulting Party.
Potentially Non-Defaulting Party means a Party that, but for a cure of a Potential Event of Default or failure of performance by the Potentially Defaulting Party, would be a Non-Defaulting Party.
Potentially Non-Defaulting Party in Section 1.48 is amended by replacing the phrase “failure of performance by the Potentially Non-Defaulting Party” in the second line of the section with “failure of performance by the Potentially Defaulting Party”. The definition of “Renewable Energy Source” in Section 1.56 is amended to read, in its entirety, as follows:
Examples of Potentially Non-Defaulting Party in a sentence
References to Defaulting Party and Non-Defaulting Party in this Section include the Potentially Defaulting Party and Potentially Non-Defaulting Party, as applicable.