Company’s Right to Terminate or Suspend Agreement Sample Clauses

Company’s Right to Terminate or Suspend Agreement. Company, in addition to all other legal remedies, may either terminate the Agreement or suspend delivery of electricity to Customer for (a) any default or breach of Agreement by Customer, (b) fraudulent or unauthorized use of electricity or use in such manner as to circumvent Company's meter, (c) failure to pay bills when due and payable or failure to restore deposit within the specified period or, (d) in case of a condition on Customer's side of the point of delivery actually known by Company to be, or which Company reasonably anticipates may be, dangerous to life or property. No such termination or suspension, however, will be made by Company without twenty-four hours' written notice (or such written notice as required by the state regulatory authority) delivered to Customer personally or by mail, stating in what particular the Agreement has been violated, except that no notice need be given in instances set forth in (b) and (d) above. Failure of Company to terminate the Agreement or to suspend the delivery of electricity at any time after the occurrence of grounds therefor or to resort to any other legal remedy or to exercise any one or more of such alternative remedies, shall not waive or any manner affect Company's right later to resort to any or more of such rights or remedies on account of any such ground then existing or which may subsequently occur. Any suspension of the delivery of electricity by Company or termination of the Agreement upon any authorized grounds shall in no wise operate to relieve Customer of his liability to pay for electricity supplied, nor shall it relieve Customer (1) of his liability for the payment of minimum monthly charges during the period of suspension, nor (2) of his liability for damages, if the Agreement has been terminated, in the amount of (a) the minimum monthly charges which would have been payable during the unexpired term of the Agreement plus (b) the termination charges provided for in paragraph 1(g) above. Whenever the supply of electricity is suspended for any authorized reason, Company will make a charge of $15.00 for the restoration of service made during the normal business hours of Company or $15.00 for the restoration of service made during all other hours.
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Company’s Right to Terminate or Suspend Agreement. Company, in addition to all other legal remedies, may either terminate the Agreement or suspend purchases of electricity from Seller based on any of the following: (1) default or breach of the Agreement by Seller, (2) any fraudulent or unauthorized use of Company’s meter, (3) failure to pay any applicable bills when due and payable,
Company’s Right to Terminate or Suspend Agreement. The Company, in addition to all other legal remedies, may either terminate the Agreement or suspend purchases of electricity from Seller (l) forbased on any of the following: (1) default or breach of the Agreement by the Seller, (2) forany fraudulent or unauthorized use of the Company'’s meter, (3) for failure to pay any applicable bills when due and payable, (4) for aany Material Alteration to the Facility without Company’s consent, (5) any condition on the Seller'’s side of the point of delivery actually known by the Company to be, or which the Company reasonably anticipates may be, dangerous to life or property, or (5) due to the Seller's inability(6) Seller’s failure to deliver energy to the Company the quality and/or quantityfor six (6) consecutive months. Termination of electricity mutually agreed to in the Purchasethe Agreement shall be at Company’s sole option and is only appropriate when Seller either cannot or will not cure its default. No such termination or suspension, however, will be made by the Company without written notice delivered to Seller, personally or by mail, stating what in particular in the Agreement has been violated, except that no notice need to be given in instances set forth in 1.(i)(2) or 1(i)(5) above. The Company shall give the For violations of Section 1(i)(1) and 1(i)3-4, Seller a minimum of shall have thirty (30) calendar days prior after Seller’s receipt of Company’s written notice to cure the violation; for violations of Section 1(i)(6)before suspending or terminating the Agreement pursuant to provisions 1.(i)(1), (3), and (5). The Company shall give the Seller shall have five (5) calendar days after Seller’s receipt of Company’s prior written notice to cure the violationbefore suspending or terminating the Agreement pursuant to provision 1.(i)(4). Failure of the Company to terminate the Agreement or to suspend the purchase of electricity at any time after the occurrence of grounds therefor, or to resort to any other legal remedy or to exercise any one or more of such alternative remedies, shall not waive or in any manner affect the Company's right later to resort to any one or more of such rights or remedies on account of any such ground then existing or which may subsequently occur. Any suspension of the purchase of electricity by the Company or termination of the Agreement upon any authorized grounds shall in no way operate to relieve the Seller of the Seller's liability to compensate the Company for services and/o...

Related to Company’s Right to Terminate or Suspend Agreement

  • Right to Terminate Either Party may unilaterally terminate this Annex by providing thirty (30) calendar days written notice to the other Party.

  • Right to Terminate Sale In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/Borrower, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

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