Owner Termination for Convenience. Prior to the Commercial Operation Date, Owner may terminate this Agreement at any time upon written notice to Utility, which termination shall be effective thirty (30) days after Utility receipt of such notice, subject to Utility’s right to recover from Owner any Replacement Costs, calculated as of the date of termination. After the Commercial Operation Date, Owner may terminate this Agreement at any time following the fifth year of the Term by giving Utility thirty (30) days prior written notice of Owner's intention to terminate, subject to Utility’s right to recover from Owner any Replacement Costs, calculated as of the Termination Date. The Parties agrees damages would be difficult to quantify upon an early termination and agrees that any component of Replacement Costs that is characterized as an "early termination fee" is not a penalty.
Owner Termination for Convenience. Owner may in its sole discretion terminate the Work and this Agreement for convenience and without cause at any time by giving notice of termination to Contractor to be effective upon the receipt of such notice by Contractor. In the event of such termination, as Contractor’s sole and exclusive remedy, Owner shall, on the date that is thirty (30) Days after Owner’s receipt of an Application for Payment therefor, pay the applicable Termination Payment due to Contractor.
Owner Termination for Convenience. Owner may terminate this Agreement for convenience at any time during the Term effective upon ninety (90) days’ prior written notice to the O&M Contractor. Upon such termination, Owner shall pay to O&M Contractor Termination Costs. O&M Contractor’s Claim (which shall contain detailed supporting documentation) for Termination Costs shall be submitted within thirty (30) days of the effective date of termination under this Section 9.1(c).
Owner Termination for Convenience. If the Owner, with or without cause, shall terminate the Prime Contract or shall stop or suspend work under the Prime Contract, or if Owner shall fail to pay when due any sum payable under the Prime Contract, Contractor may order Subcontractor to stop or suspend work under this Subcontract and Contractor shall be liable to Subcontractor for the expenses or costs incurred as a result of any such termination or suspension only if and to the extent that Owner shall be liable to Contractor and pays Contractor therefore.
Owner Termination for Convenience. Owner may terminate this Agreement at any time following the fifth year of the Term by giving Utility written notice 30 days prior to date of Owner's intention to terminate, subject to Utility’s right to recover from Owner any Replacement Costs, calculated as of the Termination Date. The Parties agree damages would be difficult to quantify upon an early termination and agree that any component of Replacement Costs that is characterized as an "early termination fee" is not a penalty.
Owner Termination for Convenience. Prior to the Commercial Operation Date, Owner may terminate this Agreement at any time upon written notice to Utilities, which termination shall be effective thirty (30) days after Utilities receipt of such notice, subject to Utilities’ right to recover from Owner any Replacement Costs, calculated as of the date of termination. After the Commercial Operation Date, Owner may terminate this Agreement at any time following the fifth year of the Term by giving Utilities thirty (30) days prior written notice of Owner’s intention to terminate, subject to Utilities’ right to recover from Owner any Replacement Costs, calculated as of the Termination Date. The Parties agrees damages would be difficult to quantify upon an early termination and agrees that any component of Replacement Costs that is characterized as an “early termination fee” is not a penalty. DocuSign Envelope ID: 5CA629B0-2E54-4CD2-81B4-0FCD98581FCB
