Common use of Effect of Termination for Force Majeure Failure Clause in Contracts

Effect of Termination for Force Majeure Failure. If Buyer exercises its termination right in connection with a Force Majeure Failure under Section 8.1(d), then the Agreement shall terminate without further liability of either Party to the other, effective upon the date set forth in Buyer’s Notice of termination, subject to each Party’s satisfaction of all of the final payment and survival obligations set forth in Section 1.1(a).

Appears in 13 contracts

Samples: Guaranty Agreement, Guaranty Agreement, Guaranty Agreement

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Effect of Termination for Force Majeure Failure. If Buyer exercises its termination right in connection with a Force Majeure Failure under Section 8.1(d9.1(d), then the Agreement shall terminate without further liability of either Party to the other, effective upon the date set forth in Buyer’s Notice of termination, subject to each Party’s satisfaction of all of the final payment and survival obligations set forth in Section 1.1(a).

Appears in 8 contracts

Samples: Behind the Retail Meter Capacity Storage Agreement, Resource Adequacy Agreement, Consent and Agreement

Effect of Termination for Force Majeure Failure. If Buyer exercises its termination right in connection with a Force Majeure Failure under Section 8.1(d(d), then the Agreement shall terminate without further liability of either Party to the other, effective upon the date set forth in Buyer’s Notice of termination, subject to each Party’s satisfaction of all of the final payment and survival obligations set forth in Section 1.1(a(a).

Appears in 5 contracts

Samples: Guaranty Agreement, Guaranty Agreement, Guaranty Agreement

Effect of Termination for Force Majeure Failure. If Buyer exercises its termination right in connection with a Force Majeure Failure under Section 8.1(d), then the Agreement shall terminate without further liability of either Party to the other, effective upon the date set forth in Buyer’s Notice of termination, subject subject, to each Party’s satisfaction of all of the final payment and survival obligations set forth in Section 1.1(a).

Appears in 5 contracts

Samples: Consent and Agreement, Pacific Gas and Electric Company, Pacific Gas and Electric Company

Effect of Termination for Force Majeure Failure. If Buyer exercises its termination right in connection with a Force Majeure Failure under Section 8.1(d), then the Agreement shall will terminate without further liability of either Party to the other, effective upon the date set forth in Buyer’s Notice of termination, subject to each Party’s satisfaction of all of the final payment and survival obligations set forth in Section 1.1(a).

Appears in 3 contracts

Samples: Guaranty Agreement, Long Term Resource Adequacy Agreement, Consent and Agreement

Effect of Termination for Force Majeure Failure. If Buyer exercises its termination right in connection with a Force Majeure Failure under Section 8.1(dEight.1(d), then the Agreement shall terminate without further liability of either Party to the other, effective upon the date set forth in Buyer’s Notice of termination, subject to each Party’s satisfaction of all of the final payment and survival obligations set forth in Section 1.1(aOne.1(a).

Appears in 2 contracts

Samples: Guaranty Agreement, Cpe Resource Adequacy Agreement

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Effect of Termination for Force Majeure Failure. If Buyer exercises its termination right in connection with a Force Majeure Failure under Section 8.1(dEight.1(d), then the Agreement shall terminate without further liability of either Party to the other, effective upon the date set forth in Buyer’s Notice of termination, subject subject, to each Party’s satisfaction of all of the final payment and survival obligations set forth in Section 1.1(aOne.1(a).

Appears in 2 contracts

Samples: Consent and Agreement, Consent and Agreement

Effect of Termination for Force Majeure Failure. If Buyer exercises its termination right in connection with a Force Majeure Failure under Section 8.1(d), then the Agreement shall terminate without further liability of either Party to the other, effective upon the date set forth in Buyer’s the Notice of termination, subject to each Party’s satisfaction of all of the final payment and survival obligations set forth in Section 1.1(a).

Appears in 1 contract

Samples: Information Agreement

Effect of Termination for Force Majeure Failure. If Buyer exercises its termination right in connection with a Force Majeure Failure under Section 8.1(d10.1(d), then the Agreement shall terminate without further liability of either Party to the other, effective upon the date set forth in Buyer’s Notice of termination, subject to each Party’s satisfaction of all of the final payment and survival obligations set forth in Section 1.1(a).

Appears in 1 contract

Samples: Pro Forma Energy Storage Agreement

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