Disputes with respect to Early Termination Payment Sample Clauses

Disputes with respect to Early Termination Payment. If the Defaulting Party disputes the Non-Defaulting Party’s calculation of the Early Termination Payment, in whole or in part, the Defaulting Party shall, within two (2) Business Days of receipt of the Non-Defaulting Party’s calculation of the Early Termination Payment, provide to the Non-Defaulting Party a detailed written explanation of the basis for such dispute; provided, however, that: If the Early Termination Payment is due from the Defaulting Party, and the Supplier is the Defaulting Party, then the Defaulting Party shall first transfer the Completion and Performance Security and cash, if needed, in an amount equal to the Early Termination Payment. If the Early Termination Payment is due from the Defaulting Party and the Buyer is the Defaulting Party, then the Defaulting Party shall transfer cash to the Non-Defaulting Party in an amount equal to the Early Termination Payment. This clause will be applied in accordance with the dispute resolution guidelines set out in Section 12.10.
Sample 1
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Related to Disputes with respect to Early Termination Payment

  • Disputes With Respect to Termination Payment If the Defaulting Party disputes the Non-Defaulting Party’s calculation of the Termination Payment, in whole or in part, the Defaulting Party shall, within ten (10) Business Days of receipt of the Non-Defaulting Party’s calculation of the Termination Payment, provide to the Non-Defaulting Party a detailed written explanation of the basis for such dispute. Disputes regarding the Termination Payment shall be determined in accordance with Article Twelve.

  • Payments on Early Termination For the purpose of Section 6(e) of this Agreement:

  • Payment on Early Termination Upon termination pursuant to Section 14 (Early Termination), District shall pay Contractor as follows:

  • Early Termination in the Public Interest The State is entering into this Contract to serve the public interest of the State of Colorado as determined by its Governor, General Assembly, or Courts. If this Contract ceases to further the public interest of the State, the State, in its discretion, may terminate this Contract in whole or in part. This subsection shall not apply to a termination of this Contract by the State for breach by Contractor, which shall be governed by §15.A.i.

  • EARLY TERMINATIONS The Student may be released from this agreement for:

  • Termination Payments In the event of termination of the Executive’s employment during the Employment Period, all compensation and benefits set forth in this Agreement shall terminate except as specifically provided in this Section 8.

  • Early Termination Date The date upon which an Early Termination becomes effective as specified in Section 5.2 of this Agreement. Effective Date - The date specified above as the effective date. Electric Distribution Company or “EDC” – A public utility providing facilities for the transmission and distribution of electricity to retail customers in Pennsylvania. Electric Generation Supplier or “EGS” – A person or entity that is duly certified by the Commission to offer and provide competitive electric supply to retail customers located in the Commonwealth of Pennsylvania.

  • Payment of Termination Payment The Defaulting Party shall make the Termination Payment within ten (10) Business Days after such notice is effective, regardless whether the Termination Payment calculation is disputed. If the Defaulting Party disputes the Non-Defaulting Party’s calculation of the Termination Payment, in whole or in part, the Defaulting Party shall within ten

  • Agreement Subject to XXXXX Xxxxxx The Interconnection Customer will comply with all applicable provisions of the CAISO Tariff, including the LGIP.

  • Early Termination of Agreement (a) The City and the Contractor, by mutual written agreement, may terminate this Agreement at any time.

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