Mitigation following a RoL Event Sample Clauses

Mitigation following a RoL Event. If it is agreed or determined in accordance with Clause 20.2 (Termination for a RoL Event) that a RoL Event has occurred and each of the Shareholders other than the Lithuanian Investor is an Exiting Shareholder, the PCO shall from that time, at the expense of the RoL (such amounts to be paid in advance), until the last transfer of an Exiting Shareholder's Shareholder's Interests is completed in accordance with Clause 26.4 (Payment of the Mandatory Transfer Price) take all reasonable steps which the RoL may reasonably request (the RoL taking into account that the Concession Agreement may not ultimately terminate) to mitigate any liabilities which it may accrue in connection with the termination and ensure that it does not incur or accelerate the incurrence under any Related Agreements or otherwise of any third party liability which might reasonably be avoided or delayed.
Sample 1
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Related to Mitigation following a RoL Event

  • Obligations Following Termination If a Non-Defaulting Party terminates this Agreement pursuant to this Section 13(b), then following such termination, Seller shall, at the sole cost and expense of the Defaulting Party, remove the equipment (except for mounting pads and support structures) constituting the System. The Non-Defaulting Party shall take all commercially reasonable efforts to mitigate its damages as the result of a Default Event.

  • Effective Date Term Termination and Disconnection 3.1 Effective Date 3.2 Term of Agreement 3.3 Termination

  • Obligation after the termination of personal data processing services

  • Effective Date; Termination; Cancellation and Suspension Section 5.01. This Agreement shall come into force and effect on the date upon which the Development Credit Agreement becomes effective.

  • When Termination Effective Termination under Article will take effect as provided for in the Notice.

  • Termination for Change of Control This Agreement may be terminated immediately by SAP upon written notice to Provider if Provider comes under direct or indirect control of any entity competing with SAP. If before such change Provider has informed SAP of such potential change of control without undue delay, the Parties agree to discuss solutions on how to mitigate such termination impact on Customer, such as stepping into the Customer contract by SAP or by any other Affiliate of Provider or any other form of transition to a third party provider.

  • H1 Termination on Insolvency and Change of Control H1.1 The Authority may terminate the Contract with immediate effect by notice in writing and without compensation to the Contractor where the Contractor is a company and in respect of the Contractor:

  • HHS Single Audit Unit will notify Grantee to complete the Single Audit Determination Form If Grantee fails to complete the form within thirty (30) calendar days after receipt of notice, Grantee maybe subject to sanctions and remedies for non-compliance.

  • T ermination In the event that either party seeks to terminate this DPA, they may do so by mutual written consent and as long as any service agreement or terms of service, to the extent one exists, has lapsed or has been terminated. The LEA may terminate this DPA and any service agreement or contract with the Provider if the Provider breaches any terms of this DPA.

  • Complete Disposal Upon Termination of Service Agreement Upon Termination of the Service Agreement Provider shall dispose or delete all Student Data obtained under the Service Agreement. Prior to disposition of the data, Provider shall notify LEA in writing of its option to transfer data to a separate account, pursuant to Article II, section 3, above. In no event shall Provider dispose of data pursuant to this provision unless and until Provider has received affirmative written confirmation from LEA that data will not be transferred to a separate account.

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