Common use of Termination by ▇▇▇▇▇▇▇ Clause in Contracts

Termination by ▇▇▇▇▇▇▇. This Agreement shall terminate in the event a Party is in Default of this Agreement in accordance with Sections 7.2 or 7.4 of this Agreement. Upon Default by Designated Entity, Transmission Provider may draw upon the Designated Entity Letter of Credit or retain the cash security.

Appears in 7 contracts

Sources: Designated Entity Agreement, Designated Entity Agreement, Designated Entity Agreement

Termination by ▇▇▇▇▇▇▇. This Agreement shall terminate in the event a Party is in Default default of this Agreement in accordance with Sections 7.2 or 7.4 Section 6.2 of this Agreement. Upon Default Agreement and such termination is approved by Designated Entity, Transmission Provider may draw upon the Designated Entity Letter of Credit or retain the cash securityin writing.

Appears in 1 contract

Sources: Interconnection Coordination Agreement