Right to suspend definition

Right to suspend. The Authority may by notice in writing: suspend the Parties obligation to carry out marketing of Electricity Products and Additional Goods, Works and Services in accordance with Clause 4.1.1(a); without prejudice to the Authority's rights to require credit support under Clause 12.4, forbid the Supplier from entering into further Customer Contracts unless the Authority gives its prior written consent if: the Supplier does not maintain its ability and capacity to perform its obligations under this Framework Agreement and Customer Contracts; or the Supplier fails to pay the Additional Commission and the Authority Commission.
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Examples of Right to suspend in a sentence

  • The Company also reserves the Right to suspend the Client’s access to the Service at any time without Notice for similar reasons as above.

  • Suspension Right to suspend Either party may serve a Suspension Notice on the other if an Event of Default has occurred and is continuing, provided the relevant Event of Default is reasonably capable of remedy.

  • Cupid Media reserves the Right to suspend, terminate or take any other action at its own discretion if you are found to have engaged in any form of Spam.

  • Additionally, ▇▇▇▇▇▇ shall have the right (the "Suspension Right") to suspend sales under the Registration Statement, if ▇▇▇▇▇▇ determines in good faith and after consultation with its legal counsel, the chairman of its Board of Directors, and its Lead Director that it would be materially detrimental to ▇▇▇▇▇▇ and its stockholders to continue sales under the Registration Statement at such time and therefore ▇▇▇▇▇▇ has elected to suspend sales of the ▇▇▇▇▇▇ Shares under the Registration Statement.

  • Additionally, Purchaser shall have the right (▇▇▇ "▇▇▇pension Right") to suspend sales under any the Registration Statement for a period of not more than ninety (90) days during the period the Registration Statement is effective, if Purchaser determines in good faith that it would be detrimental to Purchaser and its stockholders to continue sales under the Registration Statement at such time and therefore Purchaser has elected to suspend sales of the Purchaser shares under the Registration Statement.

  • In such cases, the CEB may exercise any of its rights under Article 10 (Right to suspend, cancel and demand repayment of the Grant).

  • Right to suspend the normal MC procedure according to the paragraph 13.9. shall be expressed via email sent to all other Parties.