Consequences of suspending or terminating the BRP Contract Sample Clauses

Consequences of suspending or terminating the BRP 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 this cancellation, without prejudice to the application of Article 6. 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 9.1, 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of this BRP Contract, registration in the Register of Balance Responsible Parties will be temporarily or permanently withdrawn.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.
Sample 1
AutoNDA by SimpleDocs

Related to Consequences of suspending or terminating the BRP Contract

  • H4 Consequences of Expiry or Termination H4.1 Where the Authority terminates the Contract under clause F5.5 (Remedies in the Event of Inadequate Performance) or clause H2 (Termination on Default) and then makes other arrangements for the supply of Services, the Authority may recover from the Contractor the cost reasonably incurred of making those other arrangements and any additional expenditure incurred by the Authority throughout the remainder of the Contract Period. The Authority shall take all reasonable steps to mitigate such additional expenditure. Where the Contract is terminated under clause F5.5 or clause H2 (Termination on Default), no further payments shall be payable by the Authority to the Contractor until the Authority has established the final cost of making those other arrangements.

  • 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.

  • Termination and Suspension of the Contract 27.1. The Competent Body shall suspend the Contract in a binding order if: o The License is suspended; o There is a direct threat to life or health of the people working or residing in a zone influenced by the operations under the Contract;

  • Contract Renegotiation, Suspension, or Termination Due to Change in Funding If the funds DSHS relied upon to establish this Contract or Program Agreement are withdrawn, reduced or limited, or if additional or modified conditions are placed on such funding, after the effective date of this contract but prior to the normal completion of this Contract or Program Agreement:

  • PROVISIONS SURVIVING EXPIRATION OR TERMINATION Notwithstanding the expiration or termination (by agreement, breach, or operation of time) of this Agreement, the provisions of this Agreement regarding payments (including liquidated damages and tax payments), reports, records, and dispute resolution of the Agreement shall survive the termination or expiration dates of this Agreement until the following occurs:

  • Termination for Catastrophe In event of Catastrophic Damage, this contract may be modified un- der B8.32, following rate redetermination under B3.32, or terminated under this Subsection. Such termination shall not be considered a termination under B8.34.

  • Termination on Material Default 30.2.1 The Authority may terminate this Framework Agreement for material Default by issuing a Termination Notice to the Supplier where:

  • TERMINATION AND CONSEQUENCES OF TERMINATION 14.1 On termination of any Service Schedule for whatever reason the Client will cease to have the Services provided thereunder.

  • CONDITIONS OF SETTLEMENT, EFFECT OF DISAPPROVAL, CANCELLATION OR TERMINATION 9.1 The Effective Date of this Settlement Agreement shall not occur unless and until each of the following events occurs and shall be the date upon which the last (in time) of the following events occurs:

  • Actions in Event of Breach Upon Contractor’s material breach, the Department may:  terminate this contract under Section 17.1 and pursue any of its remedies under this contract, at law, or in equity; or  treat this contract as materially breached and pursue any of its remedies under this contract, at law, or in equity. Upon the Department’s material breach, Contractor may:  terminate this contract under Section 17.2 and pursue any of its remedies under this contract, at law, or in equity; or  treat this contract as materially breached and, except as the remedy is limited in this contract, pursue any of its remedies under this contract, at law, or in equity.

Time is Money Join Law Insider Premium to draft better contracts faster.