Early termination and TOP Charges Sample Clauses

Early termination and TOP Charges. (a) If ARTC terminates a Train Path Schedule or this agreement (other than under clause 2, clause 12.1 for a breach by ARTC, clause 12.2 due to ARTC ceasing to carry on business or becoming insolvent or clause 12.3 of this agreement), the Access Holder must within one month of termination pay ARTC an amount equal to the present value of the TOP Charges which would have otherwise been payable over the remaining term of each terminated Train Path Schedule as calculated by ARTC. In calculating the present value, ARTC will:
Sample 1Sample 2Sample 3See All (15)
AutoNDA by SimpleDocs
Early termination and TOP Charges. (a) If ARTC terminates a Train Path Schedule or this agreement (other than under clause 2, clause 12.1 for a breach by ARTC, clause
Sample 1Sample 2Sample 3See All (13)
Early termination and TOP Charges. (a) If ARTC terminates a Train Path Schedule or this agreement (other than under clause 2), the Access Holder must within one month of termination pay ARTC an amount equal to the net present value of TOP Charges applying as at the date of termination for each Train Path Schedule being terminated which would have otherwise been payable:
Sample 1
Early termination and TOP Charges 
Sample 1Sample 2

Related to Early termination and TOP Charges

  • EARLY TERMINATIONS The Student may be released from this agreement for:

  • Early Termination In the absence of any material breach of this Agreement, should the Trust elect to terminate this Agreement prior to the end of the term, the Trust agrees to pay the following fees:

  • Early Termination of Agreement (a) The City and the Contractor, by mutual written agreement, may terminate this Agreement at any time.

  • Early Termination Fees The amount of an Early Termination Fee that we are entitled to charge is:

  • Early Termination Fee After this contract goes into effect, if you terminate this contract for any reason, or switch your service to a different electricity generation supplier or default service supplier prior to the end of the contract term, you will be responsible for paying XOOM Energy an early termination fee in the amount of $500. This Early Termination Fee is intended not as a penalty, but simply to offset the cost of selling the unused portion of your electric power to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses.

  • Payment on Early Termination Upon termination pursuant to Section 14 (Early Termination), District shall pay Contractor as follows:

Time is Money Join Law Insider Premium to draft better contracts faster.