Disposition of Facilities Upon Termination Sample Clauses

Disposition of Facilities Upon Termination. 16.2.1 Disconnection:‌‌ Upon termination of the Interconnection Service Agreement in accordance with this Section 16, Transmission Provider and/or the Interconnected Transmission Owner shall, in coordination with Interconnection Customer, physically disconnect the Customer Facility from the Transmission System, except to the extent otherwise allowed by this Appendix 2.
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Disposition of Facilities Upon Termination. Upon termination of the CSA by a Developer Party, Transmission Provider, after consulting with the Transmission Owner, may, at the sole cost and expense of the Developer Party, authorize the Transmission Owner to (a) cancel supplier and contractor orders and agreements entered into by the Transmission Owner to design, construct, install, operate, maintain and own the Transmission Owner Upgrades, provided, however, that Developer Party shall have the right to choose to take delivery of any equipment ordered by the Transmission Owner for which Transmission Provider otherwise would authorize cancellation of the purchase order; or (b) remove any Transmission Owner Upgrades built by the Transmission Owner or any Transmission Owner Stand Alone Network (only after title to the subject facilities has been transferred to the Transmission Owner) built by the Developer Party; or (c) partially or entirely complete the Transmission Owner Upgrades as necessary to preserve the integrity or reliability of the Transmission System, provided that Developer Party shall be entitled to receive any rights associated with such facilities and upgrades as determined in accordance with the CSA; or (d) undo any of the changes to the Transmission System that were made pursuant to this CSA. To the extent that the Developer Party has fully paid for equipment that is unused upon cancellation or which is removed pursuant to subsection (b) above, the Developer Party shall have the right to take back title to such equipment; alternatively, in the event that the Developer Party does not wish to take back title, the Transmission Owner may elect to pay the Developer Party a mutually agreed amount to acquire and own such equipment.
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Disposition of Facilities Upon Termination. If Project Developer is an entity other than Virginia Electric and Power Company, the provisions of this section shall be applicable. Upon termination of the Agreement by Project Developer, DEV may, at the sole cost and expense of Project Developer, (a) cancel supplier and contractor orders and agreements entered into by DEV to design, construct, install, operate, maintain and own facilities identified pursuant to this Agreement, provided, however, that Project Developer shall have the right to choose to take delivery of any equipment ordered by DEV; (b) remove any DEV Interconnection Facilities built by DEV; (c) partially or entirely complete the DEV Interconnection Facilities as necessary to preserve the integrity or reliability of the PJM Transmission System and/or the DEV Transmission System; and/or (d) undo any of the changes to the PJM Transmission System and/or DEV Transmission System that were made pursuant to this Agreement. To the extent that Project Developer has fully paid for equipment that is unused upon termination or which is removed pursuant to subsection (b) above, the Project Developer shall have the right to take back title to such equipment; alternatively, in the event that the Project Developer does not wish to take back title, DEV may elect to pay the Project Developer a mutually agreed amount to acquire and own such equipment. Otherwise, disposition of the Facilities related to this Agreement after receipt of Project Developer’s notice of its determination not to interconnect shall be as directed by XXX, in its sole discretion. Project Developer shall be responsible for the Costs incurred pursuant to this Agreement by DEV (1) on or before the date of such notice, and (2) after the date of such notice, if the Costs could not reasonably be avoided despite, or were incurred by reason of, Project Developer’s determination not to interconnect. Project Developer’s liability under the preceding sentence shall include all Termination Costs in connection with this Agreement. In the event DEV incurs Termination Costs, it shall provide the Project Developer with a written demand for payment and with reasonable documentation of such Termination Costs. Within sixty (60) days after the date of Project Developer’s notice, DEV shall provide an accounting of, and the appropriate party shall make any payment to the other that is necessary to resolve, any difference between (i) Project Developer's cost responsibility under this Agreement for Costs, in...
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Disposition of Facilities Upon Termination 
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Related to Disposition of Facilities Upon Termination

  • Liabilities Upon Termination If this Agreement is terminated for any reason other than those set forth in Section 12.01 or is breached, nothing contained herein shall be construed to limit Seller’s or Buyer’s legal or equitable remedies including, without limitation, damages for the breach or failure of any representation, warranty, covenant or agreement contained herein and the right to enforce specific performance of this Agreement.

  • Deliveries Upon Termination Upon termination of this Agreement, ALPS agrees to cooperate in the orderly transfer of distribution duties and shall deliver to the Fund or as otherwise directed by the Fund (at the expense of the Fund) all records and other documents made or accumulated in the performance of its duties for the Fund hereunder. In the event ALPS gives notice of termination under this Agreement, it will continue to provide the services contemplated hereunder after such termination at the contractual rate for up to 120 days, provided that the Fund uses all reasonable commercial efforts to appoint such replacement on a timely basis.

  • Actions Upon Termination In the event of termination not the fault of the Contractor, the Contractor shall be paid for the services properly performed prior to termination, together with any reimbursable expenses then due, but in no event shall such compensation exceed the maximum compensation to be paid under the Contract. The Contractor agrees that this payment shall fully and adequately compensate the Contractor and all subcontractors for all profits, costs, expenses, losses, liabilities, damages, taxes, and charges of any kind whatsoever (whether foreseen or unforeseen) attributable to the termination of this Contract. Upon termination for any reason, the Contractor shall provide Seattle with the most current design documents, contract documents, writings and other product it has completed to the date of termination, along with copies of all project-related correspondence and similar items. Seattle shall have the same rights to use these materials as if termination had not occurred.

  • Withdrawals upon Termination 31.4.1 Notwithstanding anything to the contrary contained in this Agreement, all amounts standing to the credit of the Escrow Account shall, upon Termination, be appropriated in the following order:

  • Events Upon Termination (a) If this Agreement is terminated, cancelled or ends for any reason, the Operator shall:

  • Recovery upon Termination H6.1 On the termination of the Contract for any reason, the Contractor shall at its cost:

  • Payments Upon Termination 4.1 The Customer shall pay the Company liquidated damages (total monthly fee as specified in the Sales and Services Agreement x remaining months in the Term) upon the occurrence of any of the following events before the expiry of the Term:

  • Procedure Upon Termination of Trust Fund (a) Notice of any termination pursuant to the provisions of Section 7.01, specifying the Distribution Date upon which the final distribution shall be made, shall be given promptly by the Trustee by first class mail to Certificateholders mailed upon (x) the sale of all of the property of the Trust Fund by the Trustee pursuant to Section 7.01(b) or (y) upon the final payment or other liquidation of the last Mortgage Loan or REO Property in the Trust Fund. Such notice shall specify (A) the Distribution Date upon which final distribution on the Certificates of all amounts required to be distributed to Certificateholders pursuant to Section 5.02 will be made upon presentation and surrender of the Certificates at the Corporate Trust Office, and (B) that the Record Date otherwise applicable to such Distribution Date is not applicable, distribution being made only upon presentation and surrender of the Certificates at the office or agency of the Trustee therein specified. The Trustee shall give such notice to the Master Servicer and the Certificate Registrar at the time such notice is given to Holders of the Certificates. Upon any such termination, the duties of the Certificate Registrar with respect to the Certificates shall terminate and the Trustee shall terminate or request the Master Servicer to terminate, the Collection Account it maintains, the Certificate Account and any other account or fund maintained with respect to the Certificates, subject to the Trustee’s obligation hereunder to hold all amounts payable to Certificateholders in trust without interest pending such payment.

  • Procedure Upon Termination In the event of termination by Buyer or Seller, as applicable, pursuant to Section 6.1 hereof, written notice thereof shall forthwith be given to the other party and the transactions contemplated by this Agreement shall be terminated without further action by Buyer or Seller. If the transactions contemplated by this Agreement are so terminated:

  • Obligations Upon Termination Upon termination of this Agreement:

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