Common use of Termination by the Seller Clause in Contracts

Termination by the Seller. The Seller may serve a notice to the Buyer of intended termination of this Agreement upon the occurrence of any of the following events (each a “Buyer Event”) unless such events result from Force Majeure or a Seller Event: withdrawal of the Buyer’s Licence; failure to meet a payment obligation of the Buyer; dissolution of the Buyer 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 Buyer under this Agreement, and

Appears in 4 contracts

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

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