Common use of Termination by Participant Clause in Contracts

Termination by Participant. Except as provided under Section 15 of this Contract, Participant may only terminate this Contract by giving notice of termination to the Administrator 90 days prior to the effective date of the termination. Participant shall compensate the Administrator by following the provisions specified in Section 6.b for all Credits that have been sold or otherwise applied to offset Debits.

Termination by Participant. Except as provided under Section 15 16 of this Contract, Participant may only terminate this Contract by giving notice of termination to the Administrator 90 days prior to the effective date of the termination. Participant shall compensate the Administrator by following the provisions specified in Section 6.b 7.b for all Credits that have been sold or otherwise applied to offset Debits.