Common use of Consequences of suspension or termination of the Contract Clause in Contracts

Consequences of suspension or termination of the Contract. In all cases of suspension or termination of this Contract, Nominations for Day D, submitted in execution of this Contract, but for which the relevant Day D falls after the date of the effective termination or suspension, will automatically be cancelled. The Access Responsible Party concerned cannot claim any compensation for damage resulting from this cancellation, without prejudice to the application of Article 20. In all cases of suspension or termination of this Contract, the Parties have to comply with all of their payment obligations arising from the execution of this Contract or as a result of its suspension or termination. In cases mentioned in Articles 9.1, 9.2.2 and 9.2.3, the payment obligations will be immediately enforceable. In all cases of suspension or termination of the Contract by Xxxx, Xxxx will inform in due time the Access Holders for the Access Points allocated to the Perimeter of [ARP], the Closed Distribution System Operators of the Closed Distribution System Positions of [ARP], the distribution system operators of the Distribution Off-take Positions of [ARP] and the auction platforms of the launch of the Contract suspension and/or termination procedure. The regulators involved receive a copy of the notification of immediate suspension of the Contract that has been sent to the Access Responsible Party involved. They are informed of the launch of the Contract suspension and/or termination procedure. In all cases of suspension or termination of this Contract, registration in the Register of Access Responsible Parties will be temporarily or permanently withdrawn. Any suspension or termination of the Contract entails, for example, that [ARP] can no longer be nominated an Access Responsible Party for an Access Point. This provision does not affect the right of [ARP] to again be registered in the Register of Access Responsible Parties once all obligations of [ARP] have been met and he is again able to comply with all obligations of an Access Responsible Party.

Consequences of suspension or termination of the Contract. In all cases of suspension or termination of this Contract, Nominations for Day D, submitted in execution of this Contract, but for which the relevant Day D falls after the date of the effective termination or suspension, will automatically be cancelled. The Access Responsible Party concerned cannot claim any compensation for damage resulting from this cancellation, without prejudice to the application of Article 20. In all cases of suspension or termination of this Contract, the Parties have to shall comply with all of their payment obligations arising from the execution of this Contract or as a result of its suspension or termination. In the cases mentioned referred to in Articles 9.1, 9.2.2 and 9.2.3, the payment obligations will be immediately enforceable. In all cases of suspension or termination of the Contract by Xxxx, Xxxx will inform in due time the Access Holders for the Access Points allocated to the Perimeter of [ARP]'s Balancing Perimeter, the Closed Distribution System Operators of the ARP's Closed Distribution System Positions of [ARP]Positions, the distribution system operators of the ARP's Distribution Off-take Positions of [ARP] 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 Contract that has been sent to the Access Responsible Party involved. They are shall be informed of the launch of the Contract suspension and/or termination procedure. In all cases of suspension or termination of this Contract, registration in the Register of Access Responsible Parties will be temporarily or permanently withdrawn. Any suspension or termination of the Contract entailsmeans, for exampleamong other things, that [ARP] ARP can no longer be nominated appointed as an Access Responsible Party for an Access Point. This provision does not affect the right of [ARP] ARP to again be registered in the Register of Access Responsible Parties again once all ARP's obligations of [ARP] have been met and he ARP is again able to comply with all obligations of an Access Responsible Party.