Common use of Effect of Termination of Agreement Clause in Contracts

Effect of Termination of Agreement. Upon the Termination Date or the Expiration Date, as applicable, any amounts then owing by a Party to the other Party shall become immediately due and payable and the then future obligations of Customer and Provider under this Agreement shall be terminated (other than the indemnity obligations set forth in Section 13). Such termination shall not relieve either Party from obligations accrued prior to the effective date of termination or expiration.

Appears in 22 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Effect of Termination of Agreement. Upon the Termination Date or the Expiration Date, as applicable, any amounts then owing by a Party to the other Party shall become immediately due and payable and the then future obligations of Customer Utility and Provider Owner under this Agreement shall be terminated (other than the indemnity and responsibility obligations set forth in Section 1310). Such termination shall not relieve either Party from obligations accrued prior to the effective date of termination or expiration.

Appears in 9 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Effect of Termination of Agreement. Upon the Termination Date or the Expiration Date, as applicable, any amounts then owing by a Party to the other Party shall become immediately due and payable and the then future obligations of Customer and Provider under this Agreement shall be terminated (other than the indemnity obligations set forth in Section 13). Such termination shall not relieve either Party from obligations accrued prior to the effective date of termination or expiration.

Appears in 6 contracts

Samples: Power Purchase Agreement, Power Purchase and Storage Services Agreement, Power Purchase Agreement

Effect of Termination of Agreement. Upon the Termination Date or the Expiration Date, as applicable, any amounts then owing by a Party to the other Party shall become immediately due and payable and the then future obligations of Customer Utilities and Provider Owner under this Agreement shall be terminated (other than the indemnity and responsibility obligations set forth in Section 1310). Such termination shall not relieve either Party from obligations accrued prior to the effective date of termination or expiration.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Effect of Termination of Agreement. Upon the Termination Date or the Expiration Date, as applicable, any amounts then owing by a Party to the other Party shall become immediately due and payable and the then future obligations of Customer Host and Provider under this Agreement shall be terminated (other than the indemnity obligations set forth in Section 13)terminated. Such termination shall not relieve either Party from obligations accrued prior to the effective date of termination or expiration.

Appears in 2 contracts

Samples: Solar Power Purchase Agreement (Energea Portfolio 4 USA LLC), Solar Power Purchase Agreement (Energea Portfolio 4 USA LLC)

Effect of Termination of Agreement. Upon the Termination Date or the Expiration Date, as applicable, any amounts then owing by a Party to the other Party shall become immediately due and payable and the then future obligations of Customer Host and Provider Seller under this Agreement shall be terminated (other than the indemnity obligations set forth in Section 13Article 12). Such termination shall not relieve either Party from obligations accrued prior to the effective date of termination or expiration.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

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Effect of Termination of Agreement. Upon the Termination Date or the Expiration Date, as applicabletermination of this Agreement, any amounts then owing by a Party to the other Party shall become immediately due and payable and the then future obligations of Customer Purchaser and Provider Seller under this Agreement shall be terminated (other than the indemnity obligations set forth in Section 13)terminated. Such termination shall not relieve either Party from obligations accrued prior to the effective date of termination or expiration.

Appears in 1 contract

Samples: Solar Power Purchase Agreement

Effect of Termination of Agreement. Upon the Termination Date or the Expiration Date, as applicable, any amounts then owing by a Party to the other Party shall become immediately due and payable and the then future obligations of Customer Utilities and Provider Owner under this Agreement shall be terminated (other than the indemnity and responsibility obligations set forth in Section 13). Such termination shall not relieve either Party from obligations accrued prior to the effective date of termination or expiration.

Appears in 1 contract

Samples: Power Purchase Agreement

Effect of Termination of Agreement. Upon the Termination Date or the Expiration Date, as applicable, any amounts then owing by a Party to the other Party shall become immediately due and payable and the then future obligations of Customer State Purchaser and Provider under this Agreement shall be terminated (other than the indemnity and responsibility obligations set forth in Section 13). Such termination shall not relieve either Party from obligations accrued prior to the effective date of termination or expiration.

Appears in 1 contract

Samples: Power Purchase Agreement

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