Common use of Procedure and Effect of Termination Clause in Contracts

Procedure and Effect of Termination. (a) The Party desiring to terminate this Agreement pursuant to Section 4.1 shall give written notice of such termination to the other Parties in accordance with Section 6.6, specifying the provision pursuant to which such termination is effected.

Appears in 10 contracts

Samples: Epc and Purchase Agreement, Development, Epc and Purchase Agreement (Vivint Solar, Inc.), Development, Epc and Purchase Agreement (Vivint Solar, Inc.)

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Procedure and Effect of Termination. (a) The In the event that a Party desiring having the right to terminate this Agreement pursuant desires to Section 4.1 terminate this Agreement, such Party shall give the other Party written notice of such termination to the other Parties in accordance with Section 6.6termination, specifying the provision pursuant to which basis for such termination is effectedtermination, and this Agreement will terminate and the transactions contemplated hereby will be abandoned, without further action by either Party, whereupon the liabilities of the Parties hereunder will terminate, except as otherwise expressly provided in this Section 10.2.

Appears in 6 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Algonquin Power & Utilities Corp.), Asset Purchase Agreement (Algonquin Power & Utilities Corp.)

Procedure and Effect of Termination. (a) The Party desiring to terminate this Contribution Agreement pursuant to Section 4.1 shall give written notice of such termination to the other Parties Party in accordance with Section 6.6, specifying the provision hereof pursuant to which such termination is effected.

Appears in 2 contracts

Samples: Land Lease Agreement (First Wind Holdings Inc.), Land Lease Agreement (First Wind Holdings Inc.)

Procedure and Effect of Termination. (a) The Party desiring to terminate this Agreement pursuant to Section 4.1 shall give written notice of such termination to the other Parties in accordance with Section 6.6Party, specifying the provision hereof pursuant to which such termination is effected.

Appears in 2 contracts

Samples: Tax Credit Transfer Agreement (First Solar, Inc.), Tax Credit Transfer Agreement (First Solar, Inc.)

Procedure and Effect of Termination. (a) The Party desiring to terminate In the event of termination of this Agreement pursuant to Section 4.1 this Article IX, the terminating Party shall forthwith give written notice of such termination thereof to the other Parties in accordance with Section 6.6and this Agreement shall terminate, specifying and the provision pursuant to which such termination is effectedtransactions contemplated hereby shall be abandoned, without further action by any of the Parties.

Appears in 2 contracts

Samples: Escrow Agreement (Hurco Companies Inc), Asset Purchase Agreement (Hurco Companies Inc)

Procedure and Effect of Termination. (a) The A Party desiring to terminate this Agreement pursuant to Section 4.1 shall 8.1 must give written notice of such termination to the other Parties Party in accordance with Section 6.610.7, specifying the provision hereof pursuant to which such termination is effected.effective. If this Agreement is terminated as provided herein:

Appears in 2 contracts

Samples: Asset Purchase Agreement (KAMAN Corp), Asset and Stock Purchase Agreement (Ferro Corp)

Procedure and Effect of Termination. (a) The Party A party desiring to terminate this Agreement pursuant to Section 4.1 shall 8.1 must give written notice of such termination to the other Parties party in accordance with Section 6.610.7, specifying the provision hereof pursuant to which such termination is effected.effective. If this Agreement is terminated as provided herein:

Appears in 1 contract

Samples: Asset Purchase Agreement (Trimas Corp)

Procedure and Effect of Termination. (a) The Party desiring to terminate Upon termination of this Agreement pursuant to under Section 4.1 shall give 7.1, written notice of such termination thereof shall forthwith be given to the other Parties in accordance with Section 6.6party or parties, specifying and this Agreement (other than the provision pursuant to which such termination is effectedprovisions of Sections 4.16, 5.6, 6.10 and Articles 7 and 14) shall terminate without further action by any of the parties.

Appears in 1 contract

Samples: Equity Purchase Agreement (Piper Jaffray Companies)

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Procedure and Effect of Termination. (a) The Party desiring to terminate this Agreement pursuant to Section 4.1 6.1 shall give written notice of such termination to the other Parties Party in accordance with Section 6.68.7, specifying the provision hereof pursuant to which such termination is effected.

Appears in 1 contract

Samples: Termination and Release Agreement (Ormat Technologies, Inc.)

Procedure and Effect of Termination. (a) The Party desiring to terminate this Agreement pursuant to Section 4.1 9.1 shall give written notice of such termination to the other Parties in accordance with Section 6.611.1, specifying the provision provisions hereof pursuant to which such termination is effectedeffected and the effective date of such termination.

Appears in 1 contract

Samples: Build Transfer Agreement (Public Service Co of New Mexico)

Procedure and Effect of Termination. (a) The Party A party desiring to terminate this Agreement pursuant to Section 4.1 shall 8.1 must give written notice of such termination to the other Parties party in accordance with Section 6.610.8, specifying the provision hereof pursuant to which such termination is effected.effective. If this Agreement is terminated as provided herein:

Appears in 1 contract

Samples: Asset and Stock Purchase Agreement (Harsco Corp)

Procedure and Effect of Termination. (a) The Party desiring to terminate this Agreement pursuant to Section 4.1 9.1 shall give written notice of such termination to the other Parties in accordance with Section 6.612.1, specifying the provision hereof pursuant to which such termination is effected.

Appears in 1 contract

Samples: Asset Purchase Agreement (Safeway Inc)

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