Common use of Termination by the Buyer Clause in Contracts

Termination by the Buyer. The Buyer may serve a notice to the Seller of intended termination of this Agreement upon the occurrence of any of the following events (each a “Seller Event”) unless such events result from Force Majeure or a Buyer Event: lack or withdrawal of a licence held by the Seller and required for the performance of this Agreement; dissolution of the Seller unless aimed at transformation, consolidation or reorganisation that a) does not affect the ability of the legal successor company to perform the obligations of the Seller under this Agreement, and

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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