Common use of Effective Date and Termination Provision Clause in Contracts

Effective Date and Termination Provision. The term of this Agreement commences upon its acceptance or approval by FERC. The Agreement shall terminate and cease to be effective upon FERC acceptance of the mutual agreement by the Parties to terminate the Agreement or other FERC order terminating the Agreement. Nothing in this Agreement shall prejudice the right of either Party to seek termination of this Agreement under Section 206 of the Federal Power Act, or successor section or statute thereof.

Appears in 8 contracts

Samples: Joint Operating Agreement, Joint Operating Agreement, Joint Operating Agreement

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Effective Date and Termination Provision. The term of this Agreement commences upon its acceptance or approval by FERCas provided in Section 12.1. The Agreement shall terminate and cease to be effective upon FERC acceptance of the mutual agreement by the Parties to terminate the Agreement or other FERC order terminating the Agreement. Nothing in this Agreement shall prejudice the right of either Party to seek termination of this Agreement under Section 206 of the Federal Power Act, or successor section or statute thereof.

Appears in 2 contracts

Samples: Joint Operating Agreement, Joint Operating Agreement

Effective Date and Termination Provision. The term of this Agreement commences upon its acceptance or approval by FERCas provided in Section 12.1. The Agreement shall terminate and cease to be effective upon FERC acceptance of the mutual agreement by the Parties to terminate the Agreement or other FERC order terminating the Agreement. Nothing in this Agreement shall prejudice the right of either Party to seek termination of this Agreement under Section 206 of the Federal Power Act, or successor section or statute thereof.. PJM Interconnection, L.L.C. FERC Electric Tariff, Rate Schedule No. 38

Appears in 1 contract

Samples: Joint Operating Agreement

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Effective Date and Termination Provision. The term of this Agreement commences upon its acceptance or approval by FERCas provided in Section 12.1. The Agreement shall terminate and cease to be effective upon FERC acceptance of the mutual agreement by the Parties to terminate the Agreement or other FERC order terminating the Agreement. Nothing in this Agreement shall prejudice the right of either Party to seek termination of this Agreement under Section 206 of the Federal Power Act, or successor section or statute thereof.. FERC Electric Tariff, Rate Schedule No. PJM Interconnection, L.L.C. FERC Electric Tariff, Rate Schedule No. 38

Appears in 1 contract

Samples: Joint Operating Agreement

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