Common use of Affiliate Termination Clause in Contracts

Affiliate Termination. The Owner may terminate this Agreement with at least six (6) months prior Notice if NRG Energy, Inc. or one of its Affiliates ceases to maintain an ownership interest in the Owner of at least 25%. In the event of such termination, the Operator shall be reimbursed for usual and customary demobilization costs and employee severance costs, if any, but shall not be paid any amount in respect of the Operating Fee scheduled to accrue during the period after the date of such termination.