The occurrence of any of the following events shall constitute an "Agency Event of Default":
(a) The Company is ready, willing, and able to perform the Services but the Agency refuses to accept them without justifiable reason or completely obstructs the Company's ability to perform the Services.
(b) The Agency defaults in the payment of any amount due and payable (which amounts are not in dispute) under this Agreement, which amount exceeds the sum of PHP[●] and such default continues unremedied for a period of sixty (60) Days from receipt by the Agency of a notice in writing from the Company of the amount due and payable.
(c) The Agency fails to perform any of its material obligations under this Agreement which renders it impossible for the Company to perform its own obligations under this Agreement for a continuous period of sixty (60) Days.
(d) There is an expropriation, sequestration or requisition of a material part of the Project assets and/or shares of the Company by the Agency or other Government Authority.
(e) A representation or warranty by the Agency under Section 11 (Representations and Warranties) is incorrect in any material respect and is reasonable likely to have a material adverse effect on the ability of the Company to carry out the Project.
(f) There is a breach by the Agency of Section 18.1 (No Assignment).