Consequences of suspending Sample Clauses

Consequences of suspending or terminating the Contract In all cases of suspension or termination of this BRP Contract, Daily Balancing Schedules for Day D submitted as per this BRP Contract but for which the relevant Day D falls after the date of the effective termination or suspension, will automatically be cancelled. The Balance Responsible Party concerned cannot claim any compensation for damage resulting from such automatic cancellation of Daily Balancing Schedules, without prejudice to the application of Article Error! Reference source not found.. In all cases of suspension or termination of this BRP Contract, the Parties shall comply with all of their payment obligations arising from the implementation of this BRP Contract or as a result of its suspension or termination. In the cases referred to in Articles Error! Reference source not found., Error! Reference source not found. and Error! Reference source not found.,payment obligations will be immediately enforceable. In all cases of suspension or termination of the BRP Contract by Xxxx, Xxxx will inform in due time the Access Holders and Xxxx Grid Users involved in the Access Points allocated to [BRP]’s Balancing Perimeter, the CDS Operators of [BRP]’s CDS Allocations, the Public Distribution System operators concerned by [BRP]’s Distribution Allocations and the auction platforms, of the launch of the Contract suspension and/or termination procedure. The regulators involved shall receive a copy of the notification of immediate suspension of the BRP Contract that has been sent to [BRP]. They shall be informed of the launch of the BRP Contract suspension and/or termination procedure. In all cases of suspension or termination of this BRP Contract, registration in the Register of Balance Responsible Parties will be temporarily or permanently withdrawn. Any suspension or termination of the BRP Contract means, among other things, that [BRP] can no longer be appointed as a Balance Responsible Party for an Access Point. This provision does not affect the right of [BRP] to be registered in the Register of Balance Responsible Parties again once all [BRP]’s obligations have been met and [BRP] is again able to comply with all obligations of a Balance Responsible Party.
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Related to Consequences of suspending

  • Consequences of Default Upon the occurrence of any Event of Default, as defined in the Revenue Sharing Agreement:

  • Consequences of Breach Without prejudice to any rights that may be available to the Principal/Owner under law or the Contract or its established policies and laid down procedures, the Principal/Owner shall have the following rights in case of breach of this Integrity Pact by the Tenderer(s)/Contractor(s) and the Tenderer/ Contractor accepts and undertakes to respect and uphold the Principal/Owner’s absolute right:

  • Consequences of an Event of Default (a) If an Event of Default specified in subsections (a) through (l), (o), (p) or (q) of Section 7.01 shall occur and, be continuing or shall exist, then, in addition to all other rights and remedies which the Administrative Agent or any Lender may have hereunder or under any other Loan Document, at law, in equity or otherwise, the Lenders shall be under no further obligation to make Loans hereunder, and the Administrative Agent may, and, upon the written request of the Required Lenders shall, by notice to the Borrower, from time to time do any or all of the following:

  • Consequences of non-compliance If a beneficiary breaches any of its obligations under this Article, the grant may be reduced (see Article 43). Such breaches may also lead to any of the other measures described in Chapter 6.

  • Default and Consequences of Default 18.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

  • Consequences of Events of Default and Corrective Action If an Event of Default occurs, the Province may, at any time, take one or more of the following actions:

  • Consequences of Force Majeure If the Affected Party has taken all necessary steps towards mitigating the effect of a Force Majeure event, then:

  • Consequences of Termination Upon the termination of this Agreement:

  • Consequences of Expiry or Termination 50.1. Where the Authority terminates the Contractor’s interest in the Framework Agreement under clause 42 (Termination Rights) and makes other arrangements for the supply of Services, the Contractor indemnifies the Authority against all costs incurred in making those arrangements.

  • CONSEQUENCES OF TERMINATION AND EXPIRY 28.1 Notwithstanding the service of a notice to terminate this Framework Agreement, the Supplier shall continue to fulfil its obligations under this Framework Agreement until the date of expiry or termination of this Framework Agreement or such other date as required under this Clause 28 (Consequences of Termination and Expiry).

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