Termination of Development Activities. (a) If the Parties mutually determine, at any time during the Voyager Development Period, that it is not scientifically or technically possible to Develop, Manufacture or to conduct other Development activities relating to a Selected Research Compound, and the corresponding Selected Research Product that contains or is comprised of such Selected Research Compound (a “Development Infeasibility Determination”), the Parties may agree in writing to terminate Voyager’s conduct of Development activities and the Development Plan with respect to such Selected Research Compound and Selected Research Product (a “Development Infeasibility Termination”). If a Party reasonably believes that a Development Infeasibility Determination is appropriate, but the other Party does not agree, then such dispute will be a Dispute and the provisions of Section 17.2 shall apply.
Termination of Development Activities. At any time during the Initial Period , Provider shall have the right to cease development of the Project on the Premises , for any reason, in its sole discretion. If Provider gives Host notice of such determination, this Agreement shall terminate effective as of the delivery of such notice without any further liability of the Parties to each other, provided that (i) Provider "Provider" means Tioga Solar [___], LLC, a [_____] limited liability company, and all successors and assigns. shall remove any equipment or materials which Provider has placed on the Site ; (ii) Provider shall restore any portions of the Site disturbed by Provider to its pre-existing condition; (iii) the Parties shall not be released from any payment or other obligations arising under this Agreement "Agreement" means this Power Purchase Agreement, including all exhibits attached hereto, as the same may be amended from time to time in accordance with the provisions hereof. prior to the delivery of the notice; and (iv) the confidentiality provisions of Section 14, the indemnity obligations under Section 15 hereof, and the dispute resolution provisions of Section 23 hereof shall continue to apply notwithstanding the termination of this Agreement . [(4b) Tioga has the right to stop the development of the solar electric system at any time during the Initial Period if it determines that it will not be able to complete development and installation of the Project . Xxxxx needs this right because signing the PPA is an essential but not the final step in development of the Project . If Tioga exercises this right, it will restore the host site to its original condition and both parties will continue to honor the confidentiality (section 14), indemnity (section 15), and dispute resolution (section 23) provisions in this PPA. During the Initial Period , there are two primary reasons why Tioga might choose to cease development of the Project : (1) previously unknown site conditions are discovered and (2) failure to secure Project financing.
Termination of Development Activities. At any time during the Initial Period, [PROVIDER COMPANY] shall have the right to cease development of the Project on the Premises, for any reason, in its sole discretion. If [PROVIDER COMPANY] gives [COMPANY 1] notice of such determination, this Agreement shall terminate effective as of the delivery of such notice without any further liability of the Parties to each other, provided that (i) [PROVIDER COMPANY] shall remove any equipment or materials which [PROVIDER COMPANY] has placed on the Site; (ii) [PROVIDER COMPANY] shall restore any portions of the Site disturbed by [PROVIDER COMPANY] to its pre-existing condition; (iii) the Parties shall not be released from any payment or other obligations arising under this Agreement prior to the delivery of the notice; and (iv) the confidentiality provisions of [SECTION 14], the indemnity obligations under [SECTION 15] hereof, and the dispute resolution provisions of [SECTION 23] hereof shall continue to apply notwithstanding the termination of this Agreement.
Termination of Development Activities. At any time during the Initial Period, Seller shall have the right to cease development of the Project for any reason, in its sole discretion, upon Thirty (30) days advanced written notice. If Seller gives Buyer such notice, this Agreement shall terminate effective as of the delivery of such notice without any further liability of the Parties to each other, provided that (i) the indemnity obligations under Section 11 and the dispute resolution provisions of Section 18 shall continue to apply notwithstanding the termination of this Agreement; and (ii) Seller shall restore the Site to substantially the condition it was in as of the date of this Agreement.
Termination of Development Activities. In the event a Party terminates the development activities with respect to a Reactivated Project or an Ongoing Project for which such Party has sole control and responsibility under Section 2.3 below, such Party shall notify the other Party in writing, and thereupon such Project shall again become an Inactive Project, the Target that is the subject of such Project shall again be deemed an Inactive Target, and each Inactive Product related thereto shall again be deemed an Inactive Product.
