Common use of Rights Upon Default Clause in Contracts

Rights Upon Default. In the event of such an Event of Default under 6.1, the Non- Defaulting Party shall be entitled to (i) pursue any and all available legal and equitable remedies, including arbitration, in accordance with Article 17 below; and (ii) terminate this Agreement by written notice to the Defaulting Party, subject to any applicable regulatory requirements that would limit such termination; and such termination shall be without any further liability or responsibility whatsoever except for obligations arising prior to the date of termination.

Appears in 6 contracts

Samples: Electric Supplier Agreement, Electric Supplier Agreement, Electric Supplier Agreement

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Rights Upon Default. In the event of such an Event of Default under 6.1, the Non- Non-Defaulting Party shall be entitled to (i) pursue any and all available legal and equitable remedies, including arbitration, in accordance with Article 17 below; and (ii) terminate this Agreement by written notice to the Defaulting Party, subject to any applicable regulatory requirements that would limit such termination; and such termination shall be without any further liability or responsibility whatsoever except for obligations arising prior to the date of termination.

Appears in 2 contracts

Samples: The Agreement, www.delaware.coop

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Rights Upon Default. In the event of such an Event of Default under 6.1Default, the Non- Defaulting Non­Defaulting Party shall be entitled to (ia) pursue any and all available legal and equitable remedies, including arbitration, in accordance with Article 17 below; and below; (iib) terminate this Agreement by written notice to the Defaulting Party, subject to any applicable regulatory requirements that would limit such termination; and such termination shall be without any further liability or responsibility whatsoever except for obligations arising prior to the date of termination, by written notice to the Defaulting Party, subject to any applicable regulatory requirements.

Appears in 1 contract

Samples: Supplier Agreement

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