Circumstances of Early Termination Sample Clauses

Circumstances of Early Termination. Notwithstanding Clause 17, XxxXxxxx shall have, subject to the lapse of the respective prior notice period as per Clause 17 (Breach of this Agreement and the Grid Code) above, the right to terminate the Agreement: if the Customer has failed to make payment of a duly rendered invoice or any other amount due to NamPower under the Agreement and NamPower has given not less than sixty (60) days notice. if the Customer is declared bankrupt, placed in curatorship, enters into a scheme of arrangement (other than for the purpose of a solvent reconstruction or amalgamation approved by NamPower (such approval not to unreasonably withheld) and such proceedings were not cancelled within sixty (60) days from the date of commencement of such proceedings; if the Customer has failed to obtain or maintain any licences, authorisations or other approvals required to generate electricity in Namibia pursuant to Clause ‎3.2.2(a) (Consents and Approvals); on account of a material breach of the Grid Code or NamPower Technical Specification (under Annexure F of the Connection Offer Letter in Annexure 1) pursuant to Clause 17.1.1 (Notice of Breach); or on termination of the Power Purchase Agreement. Notwithstanding Clause 17. the Customer, subject to the lapse of the respective prior notice period as per Clause 17 (Breach of this Agreement and the Grid Code) above, shall have the right to terminate the Agreement: if NamPower is declared bankrupt, placed in curatorship, enters into a scheme of arrangement (other than for the purpose of a solvent reconstruction or amalgamation approved by NamPower (such approval not to unreasonably withheld)) and such proceedings were not cancelled within 60 (sixty) days from the date of commencement of such proceedings ; if NamPower has failed to obtain or maintain any licences, authorisations or other approvals required to transmit electricity in Namibia; on account of Force Majeure as contemplated under Clause 16.4 (Termination of Account of Force Majeure); or on termination of the PPA.
AutoNDA by SimpleDocs
Circumstances of Early Termination. 18.1.1 Notwithstanding Clause 0, ESCOM TL shall have, subject to the lapse of the respective prior notice period as per Clause 0 (Breach of this Agreement and the Grid Code) above, the right to terminate the Agreement:

Related to Circumstances of Early Termination

  • Early Termination In the absence of any material breach of this Agreement, should the Trust elect to terminate this Agreement prior to the end of the term, the Trust agrees to pay the following fees:

  • EARLY TERMINATIONS The Student may be released from this agreement for:

  • Payment on Early Termination Upon termination pursuant to Section 14 (Early Termination), District shall pay Contractor as follows:

  • Early Termination Charges A-48 If this Agreement is terminated prior to its End Date pursuant to Clauses 42A-42, 43(a) or A- 43(c), the Home Customer shall pay to the Company an Early Termination Charge equivalent to (Termination Rate x Unexpired Months) where:

  • Early Termination Date The date upon which an Early Termination becomes effective as specified in Section 5.2 of this Agreement. Effective Date - The date specified above as the effective date. Electric Distribution Company or “EDC” – A public utility providing facilities for the transmission and distribution of electricity to retail customers in Pennsylvania. Electric Generation Supplier or “EGS” – A person or entity that is duly certified by the Commission to offer and provide competitive electric supply to retail customers located in the Commonwealth of Pennsylvania.

  • Early Termination of Agreement (a) The City and the Contractor, by mutual written agreement, may terminate this Agreement at any time.

  • CONSEQUENCES OF EARLY TERMINATION OR OTHER BREACH BY APPLICANT A. In the event that the Applicant terminates this Agreement without the consent of the District, except as provided in Section 7.2 of this Agreement, the Applicant shall pay to the District liquidated damages for such failure within thirty (30) days after receipt of the notice of breach.

  • Underutilization and Early Termination Charges If Customer's Total Service Charges do not reach the AVC, in any Contract Year during the Initial Term; Customer shall pay an “Underutilization Charge” equal to 50% of the unmet AVC. If Customer’s Total Service Charges do not reach the AVC in any Contract Year because the Agreement is terminated early by Customer without Cause or by the Company with Cause, Customer shall pay an “Early Termination Charge” equal to 50% of the unmet AVC plus a pro rata portion of any credits received by Customer.

  • Early Termination Fee After this contract goes into effect, if you terminate this contract for any reason, or switch your service to a different electricity generation supplier or default service supplier prior to the end of the contract term, you will be responsible for paying XOOM Energy an early termination fee in the amount of $500. This Early Termination Fee is intended not as a penalty, but simply to offset the cost of selling the unused portion of your electric power to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses.

  • CONTRACT MANAGEMENT AND EARLY TERMINATION 14 8.1 Contract Remedies. 14 8.2 Termination for Convenience 14 8.3 Termination for Cause 14 ARTICLE IX. MISCELLANEOUS PROVISIONS 15 9.1 Amendment 15 9.2 Insurance 15 9.3 Legal Obligations 15 9.4 Permitting and Licensure 16 9.5 Indemnity 16 9.6 Assignments 16 9.7 Independent Contractor 17 9.8 Technical Guidance Letters 17 9.9 Dispute Resolution 17 9.10 Governing Law and Venue 17 9.11 Severability 17 9.12 Survivability 18 9.13 Force Majeure 18 9.14 No Waiver of Provisions 18 9.15 Publicity 18 9.16 Prohibition on Non-compete Restrictions 19 9.17 No Waiver of Sovereign Immunity 19 9.18 Entire Contract and Modification 19 9.19 Counterparts 19 9.20 Proper Authority 19 9.21 E-Verify Program 19 9.22 Civil Rights 19 9.23 System Agency Data 21 v. 2 16.1 Effective 03/26/2019 HHSC Grantee Uniform Terms and Conditions Page 3 of 21

Time is Money Join Law Insider Premium to draft better contracts faster.