Common use of Accelerated Termination Clause in Contracts

Accelerated Termination. Upon the occurrence of an Event of Change contemplated by paragraph 6.01(a), both parties shall make reasonable efforts to make arrangements to avoid the imposition of any tax contemplated by paragraph 6.01(a); provided that this Section 6.02 shall not impose on either party any obligation other than to negotiate in good faith to make such arrangements as will not adversely affect the parties.

Appears in 5 contracts

Sources: Natural Gas Inventory Forward Sale Contract, Natural Gas Inventory Forward Sale Contract, Natural Gas Inventory Forward Sale Contract