Common use of Conditions of FERC Approval Clause in Contracts

Conditions of FERC Approval. If either Party exercises its termination rights pursuant to section 10; then this Agreement shall terminate and the Table as previously signed by the Customer shall be null and void. Bonneville shall promptly release all of the Customer’s Performance Assurance and the Customer’s original TSR, as existing prior to the Customer signing this Agreement, shall remain in Bonneville’s long-term OASIS queue.

Conditions of FERC Approval. If either Party exercises its termination rights pursuant to section 10; Formatted: Indent: Left: 72 pt then this Agreement shall terminate and the Table as previously signed by the Customer shall be null and void. Bonneville shall promptly release all of the Customer’s Performance Assurance and the Customer’s original TSR, as existing prior to the Customer signing this Agreement, shall remain in Bonneville’s long-term OASIS queue.

Conditions of FERC Approval. If either Party exercises its termination rights pursuant to section 10; then this Agreement shall terminate and terminate, the Table Service Agreement as previously signed by the Customer shall be null and void. , Bonneville shall promptly release all of the Customer’s Performance Assurance Security and the Customer’s original TSR, as existing prior to the Customer signing this Agreement, shall remain in Bonneville’s long-long- term OASIS queue.