Common use of Effect of Termination and Survival of Terms Clause in Contracts

Effect of Termination and Survival of Terms. If this Agreement is terminated by a Party pursuant to the terms hereof, the rights and obligations of the Parties hereunder shall terminate, except that the rights and obligations of the Parties that have accrued under this Agreement prior to the date of termination shall survive.

Appears in 20 contracts

Samples: Market Participant Agreement, Synchronous Condenser Agreement, Reliability Must Run Agreement

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Effect of Termination and Survival of Terms. If this Agreement is terminated by a Party pursuant to the terms hereofhereof with respect to any Unit, the rights and obligations of the Parties hereunder shall terminateterminate with respect to such Unit, except that the rights and obligations of the Parties that have accrued under this Agreement prior to the date of termination shall survive and the rights and obligations of the Parties relating to any Unit with respect to which this Agreement has not been terminated shall survive.

Appears in 1 contract

Samples: System Support Resource Agreement

Effect of Termination and Survival of Terms. If this Agreement is terminated by a Party pursuant to the terms hereofterminated, the rights and obligations of the Parties hereunder shall terminate, except as to those provisions which state that the rights and obligations provision shall survive termination of the Parties that have accrued under this Agreement prior to the date of termination shall surviveAgreement.

Appears in 1 contract

Samples: Qre Terms of Service Agreement

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Effect of Termination and Survival of Terms. If this Agreement is terminated by a Party pursuant to the terms hereof, the rights and obligations of the Parties hereunder shall terminate, except that the rights and obligations of the Parties that have accrued under this Agreement prior to the date of termination shall survive. Section 4.

Appears in 1 contract

Samples: Market Participant Agreement

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