Early Termination Before End of Primary Term Sample Clauses

Early Termination Before End of Primary Term. Notwithstanding Section 5.1,‌ Purchaser acknowledges and agrees that (i) in the event the Prepaid Agreement terminates prior to the end of the primary term of this Agreement, this Agreement shall terminate on the date of early termination of the Prepaid Agreement (subject to all winding up arrangements) and (ii) TEAC’s obligation to deliver Gas under this Agreement shall terminate upon the termination of deliveries of Gas to TEAC under the Prepaid Agreement. In addition, Purchaser acknowledges and agrees that this Agreement may terminate early as a result of a default by Purchaser under Article XIV. TEAC shall provide notice to Purchaser of any early termination date. Moreover, the Parties recognize and agree that, in the event that the Prepaid Agreement terminates because of a Failed Remarketing of the Bonds that occurs in the first Month of a Reset Period, TEAC shall deliver Gas under this Agreement for the remainder of such first Month, and, notwithstanding anything in this Agreement to the contrary, the Contract Price for all Gas deliveries made by TEAC during such first Month shall be the applicable Index Price identified for deliveries in Section 4.2, plus the Fixed Demand Charge in the case of deliveries to the Primary Delivery Point with no Monthly Discount and no Annual Refunds associated with such deliveries.
Sample 1
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Related to Early Termination Before End of Primary Term

  • Early Termination In the absence of any material breach of this Agreement, should the Trust elect to terminate this Agreement prior to the end of the term, the Trust agrees to pay the following fees:

  • 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.

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

  • Orderly Termination Upon termination or other expiration of this Contract, each Party shall promptly return to the other Party all papers, materials, and other properties of the other held by each for purposes of execution of the Contract. In addition, each Party will assist the other Party in orderly termination of this Contract and the transfer of all assets, tangible and intangible, as may be necessary for the orderly, non-disruptive business continuation of each Party.

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

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