Common use of Breach of Terms Clause in Contracts

Breach of Terms. 14.1 Sanction The Balancing Service Provider shall pay Fingrid a sanction as described in sections 12.2 and 12.3.1. 14.2 Temporary exclusion of a Balancing Service Provider from the reserve market Fingrid has the right to temporarily exclude a Balancing Service Provider from the Balancing Energy and Balancing Capacity Market, if the Balancing Service Provider fails repeatedly without an acceptable reason to activate their Balancing Bid in ac- cordance with Xxxxxxx’s order or otherwise breaches the terms and conditions in this document in spite of a written notice by Xxxxxxx. The duration of the temporary exclusion is from one to three months depending on the nature of the violation. 14.3 Cancelling the Agreement In the event of a material breach of contract, Fingrid shall be entitled to terminate the Balancing Market Agreement as laid down in that contract or the Balancing Capacity Agreement as laid down in that contract.

Breach of Terms. 14.1 Sanction The Balancing Service Provider shall pay Fingrid a sanction as described in sections 12.2 and 12.3.1. 14.2 Temporary exclusion of a Balancing Service Provider from the reserve market Fingrid has the right to temporarily exclude a Balancing Service Provider from the Balancing Energy and Balancing Capacity Market, if the Balancing Service Provider fails repeatedly without an acceptable reason to activate their Balancing Bid in ac- cordance with XxxxxxxFingrid’s order or otherwise breaches the terms and conditions in this document in spite of a written notice by XxxxxxxFingrid. The duration of the temporary exclusion is from one to three months depending on the nature of the violation. 14.3 Cancelling the Agreement In the event of a material breach of contract, Fingrid shall be entitled to terminate the Balancing Market Agreement as laid down in that contract or the Balancing Capacity Agreement as laid down in that contract. 1. Determination of compensation on the Balancing Capacity Market

Breach of Terms. 14.1 Sanction The Balancing Service Provider shall pay Fingrid a sanction as described in sections 12.2 and 12.3.1. 14.2 Temporary exclusion of a Balancing Service Provider from the reserve market Fingrid has the right to temporarily exclude a Balancing Service Provider from the Balancing Energy and Balancing Capacity Market, if the Balancing Service Provider fails repeatedly without an acceptable reason to activate their Balancing Bid in ac- cordance with XxxxxxxFingrid’s order or otherwise breaches the terms and conditions in this document in spite of a written notice by XxxxxxxFingrid. The duration of the temporary exclusion is from one to three months depending on the nature of the violation. 14.3 Cancelling the Agreement In the event of a material breach of contract, Fingrid shall be entitled to terminate the Balancing Market Agreement as laid down in that contract or the Balancing Capacity Agreement as laid down in that contract.

Breach of Terms. 14.1 13.1 Sanction The Balancing Service Provider shall Shall pay Fingrid a sanction as described in sections 12.2 12.2.1 and 12.3.1. 14.2 13.2 Temporary exclusion of a Balancing Service Provider from the reserve market Fingrid has the right to temporarily exclude a Balancing Service Provider from the Balancing Energy and Balancing Capacity Market, if the Balancing Service Provider fails repeatedly without an acceptable reason to activate their Balancing Energy Bid in ac- cordance accordance with XxxxxxxFingrid’s order or otherwise breaches the terms and conditions in this document in spite of a written notice by XxxxxxxFingrid. The duration of the temporary exclusion is from one to three months depending on the nature of the violation. 14.3 13.3 Cancelling the Agreement In the event of a material breach of contract, Fingrid shall be entitled to terminate the Balancing Market Agreement as laid down in that contract or the Balancing Capacity Agreement as laid down in that contract.