Examples of Import Agreement in a sentence
In such event, the termination shall take effect on expiry of the notice period or twenty five (25) days whichever is later, and the Parties shall be absolved of all rights/obligations under this Import Agreement, save those that had already accrued as on the effective date of termination.
Subject to Section 5 and 6 of this Import Agreement, the ISO must provide system access service under Rate IOS to the market participant at the Point of Interconnection pursuant to Section 2 of this Import Agreement.
MMTC may terminate Import Agreement except for commercial reasons at its sole discretion, by not less than eighty five (85) days written notice of termination to Successful Bidder without any liability whatsoever for any damages, etc.
This Import Agreement commences on the Effective Date and continues for a term of 1 year, expiring on , 202 .
In the event of any dispute, disagreement or difference arising out of or in connection with this Import Agreement, including any question regarding its performance, existence, validity, termination and the rights and liabilities of the Parties to this Agreement (“Dispute”), the Parties shall endeavour to amicably settle the same through negotiations carried out in good faith.
Any liability accrued on Successful Bidder or MMTC/CIL before the suspension, termination or closure of this Import Agreement as per the clauses and terms of thisImport Agreement shall survive or continue even after suspension, termination or closure.
The market participant must pay to the ISO for system access service under Rate IOS during the term of this Import Agreement the amount required pursuant to Rate IOS.
If the Successful Bidder becomes incapable of performing its duties and obligations under this Import Agreement, on account of the Applicable Licenses for undertaking its obligations under this Import Agreement have not been obtained and/ or renewed.
This Import Agreement supersedes and replaces, as of the Effective Date, any other agreement for system access service under Rate IOS between the parties at the Point of Interconnection pursuant to Section 2 of this Import Agreement.
If the market participant takes system access service under Rate IOS, the market participant must take such system access service at the Point of Interconnection pursuant to Section 2 of this Import Agreement.