Early Termination Event. (a) In the event a Generating Station is no longer partially owned by an affiliate of MAEM, this Agreement shall automatically terminate with respect to such Generating Station, without any further action required by any Party, as of the effective date of the transfer of ownership of the Generating Station. (b) Any Party may terminate this Agreement as it relates to such Party upon sixty (60) days written notice to the other Parties.
Appears in 3 contracts
Sources: Power Sale, Fuel Supply and Services Agreement (Mirant Americas Generating LLC), Power Sale, Fuel Supply and Services Agreement (Mirant Americas Generating LLC), Power Sale, Fuel Supply and Services Agreement (Mirant Americas Generating LLC)
Early Termination Event. (a) In the event a the Generating Station is no longer partially owned by an affiliate of MAEM, this Agreement shall automatically terminate with respect to such Generating Stationterminate, without any further action required by any either Party, as of the effective date of the transfer of ownership of the Generating Station.
(b) Any Either Party may terminate this Agreement as it relates to such Party upon sixty thirty (6030) days written notice to the other PartiesParty.
Appears in 2 contracts
Sources: Power Sale, Fuel Supply and Services Agreement (Mirant Americas Generating LLC), Power Sale, Fuel Supply and Services Agreement (Mirant Americas Generating LLC)