- The occurrence of any of the following shall constitute an event of default for the PROPONENT - OPERATOR:
a. Failure to perform any of its obligation under this Agreement for a cause not attributable to force majeure, and such failure persists for more than _______ days;
b. Failure without justification to resume performance within ________ days after the force majeure that has prevented the PROPONENT - OPERATOR from performing any other obligation hereunder has substantially ceased;
c. Deliberate material misrepresentation of any fact contained in its periodic reports to the LGU, or if it committed any deliberate falsity in his bid documents on which the LGU relied in giving it the contract award;
d. Filing of a voluntary or involuntary case or other proceeding by or against the PROPONENT - OPERATOR seeking insolvency, bankruptcy, liquidation, reorganization, dissolution, winding up;
e. A pattern of continuing or repeated non-compliance, willful violation, or non-performance of other terms and conditions hereof including any material breach thereto, and the PROPONENT fails to remedy the same within _____ calendar days from notice thereof; and
f. Assignment or transfer without the prior approval of the LGU.