Common use of Early Termination Event Clause in Contracts

Early Termination Event. (a) In the event the Generating Station is no longer owned or leased by an affiliate of MAEM, this Agreement shall automatically terminate, without penalty and without any further action required by either Party, as of the effective date of the transfer of ownership or termination of the lease of the Generating Station.

Early Termination Event. (a) In the event the a Generating Station is no longer owned or leased by an affiliate of MAEMProject Company, this Agreement shall automatically terminateterminate with respect to such Generating Station, without penalty and without any further action required by either Party, as of the effective date of the transfer of ownership or termination of the lease of the Generating Station.

Early Termination Event. (a) In the event the a Generating Station is no longer partially owned or leased by an affiliate of MAEM, this Agreement shall automatically terminateterminate with respect to such Generating Station, without penalty and without any further action required by either any Party, as of the effective date of the transfer of ownership or termination of the lease of the Generating Station.

Early Termination Event. (a) In the event the a Generating Station is no longer owned or leased by an affiliate of MAEM, this Agreement shall automatically terminateterminate with respect to such Generating Station, without penalty and without any further action required by either Party, as of the effective date of the transfer of ownership or termination of the lease of the Generating Station.

Early Termination Event. (a) In the event the Generating Station is no longer partially owned or leased by an affiliate of MAEM, this Agreement shall automatically terminate, without penalty and without any further action required by either Party, as of the effective date of the transfer of ownership or termination of the lease of the Generating Station.