Common use of ARTC termination rights Clause in Contracts

ARTC termination rights. (a) ARTC may terminate: (i) a Train Path Schedule by giving the Access Holder no less than three months’ written notice if the mine to which the Train Path Schedule relates has permanently ceased operation; or (ii) this agreement on notice to the Access Holder if the NSW Lease is terminated by either party to that lease and not promptly replaced by a new lease or rights enabling ARTC to grant access rights to the Network. (b) If ARTC terminates a Train Path Schedule or this agreement under this clause 12.3, then neither party has any Liability for the failure to provide any Path Usages on the relevant Train Paths or the applicable TOP Charges following the termination.

Appears in 23 contracts

Samples: Access Holder Agreement, Access Holder Agreement, Indicative Access Holder Agreement

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ARTC termination rights. (a) ARTC may terminate: (i) a Train Path Schedule by giving the Access Holder no less than three months’ written notice if the mine to which the Train Path Schedule relates has permanently ceased operation; or (ii) this agreement on notice to the Access Holder if the NSW Lease is terminated by either party to that lease and not promptly replaced by a new lease or rights enabling ARTC to grant access rights to the Network. (b) If ARTC terminates a Train Path Schedule or this agreement under this clause 12.3, then neither party has any Liability for the failure to provide any Path Usages on the relevant Train Paths or the applicable TOP Charges and Innovation Charges (as applicable) following the termination.

Appears in 1 contract

Samples: Access Holder Agreement

ARTC termination rights. (a) ARTC may terminate: (i) a Train Path Schedule by giving the Access Holder no less than three months’ written notice if the mine to which the Train Path Schedule relates has permanently ceased operation; or (ii) this agreement on notice to the Access Holder if the NSW Lease is terminated by either party to that lease and not promptly replaced by a new lease or rights enabling ARTC to grant access rights to the Network. (b) If ARTC terminates a Train Path Schedule or this agreement under this clause 12.3, then neither party has any Liability for the failure to provide any Path Usages on the relevant Train Paths or the applicable TOP Charges, Innovation Charges and Efficiency Incentive Charges (as applicable) following the termination.

Appears in 1 contract

Samples: Access Holder Agreement

ARTC termination rights. (a) ARTC may terminate: (i) a Train Path Schedule by giving the Access Holder no less than three months’ written notice if the mine to which the Train Path Schedule relates has permanently ceased operation; orthe (ii) this agreement on notice to the Access Holder if the NSW Lease is terminated by either party to that lease and not promptly replaced by a new lease or rights enabling ARTC to grant access rights to the Network. (b) If ARTC terminates a Train Path Schedule or this agreement under this clause 12.3, then neither party has any Liability for the failure to provide any Path Usages on the relevant Train Paths or the applicable TOP Charges and Innovation Charges (as applicable) following the termination.

Appears in 1 contract

Samples: Access Holder Agreement

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ARTC termination rights. (a) ARTC may terminate: (i) a Train Path Schedule by giving the Access Holder no less than three months’ written notice if the mine to which the Train Path Schedule relates has permanently ceased operation; or (ii) this agreement on notice to the Access Holder if the NSW Lease is terminated by either party to that lease and not promptly replaced by a new lease or rights enabling ARTC to grant access rights to the Network. (b) If ARTC terminates a Train Path Schedule or this agreement under this clause 12.3, then neither party has any Liability for the failure to provide any Path Usages on the relevant Train Paths or the applicable TOP Charges, and Innovation Charges and Efficiency Incentive Charges (as applicable) following the termination.

Appears in 1 contract

Samples: Access Holder Agreement

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