Common use of Termination by Default Clause in Contracts

Termination by Default. This Agreement shall terminate in the event a Party is in Default of this Agreement in accordance with Section 5.0 of this Agreement and the ISO shall take action in accordance with Section 4.3(l) of Attachment K.

Appears in 5 contracts

Sources: Selected Qualified Transmission Project Sponsor Agreement, Selected Qualified Transmission Project Sponsor Agreement, Selected Qualified Transmission Project Sponsor Agreement

Termination by Default. This Agreement shall terminate in the event a Party is in Default of this Agreement in accordance with Section 5.0 of this Agreement and the ISO shall take action in accordance with Section 4.3(l) or 4A.9(c) of Attachment K.

Appears in 1 contract

Sources: Selected Qualified Transmission Project Sponsor Agreement