Common use of Effective Term and Termination Rights Clause in Contracts

Effective Term and Termination Rights. This Agreement shall be effective upon execution by both Parties and shall continue in full force and effect so long as the Member’s Generator is interconnected to the Cooperative’s electric distribution system. This Agreement may be amended by the Cooperative without the consent of the Member upon 30 days prior written notice to the Member. This Agreement shall terminate on the date that the Member permanently de-installs its interconnection of its Generator with the Cooperative’s system and provides notice thereof to the Cooperative, provided, however, any obligation contained herein which would naturally survive the termination of this Agreement, including but not limited to the Member’s indemnification and insurance obligations, shall survive the termination of this Agreement. This Agreement may also be terminated as follows: (a) Cooperative may terminate upon failure by the member to generate energy from the Generator and deliver such energy to the Cooperative within six (6) months after completion of the interconnection; (b) Cooperative may terminate this Agreement by giving the Member at least thirty (30) days prior written notice that the other Party is in default of any of the terms and conditions of the Agreement or the Rules or any rate schedule, tariff, regulation, contract, or policy of the Cooperative, so long as the notice specifies the basis for termination and the default is not cured within such thirty (30) day period; (c) Cooperative may terminate by giving Member at least sixty (60) days’ notice in the event that there is a material change in an applicable law, or any requirement of the Cooperative’s wholesale power supplier or of any transmission utility, independent system operator or regional transmission organization having responsibility for the operation of any part of the Cooperative’s distribution system..

Appears in 5 contracts

Samples: Interconnection Agreement, Interconnection Agreement, Interconnection Agreement

AutoNDA by SimpleDocs

Effective Term and Termination Rights. This Agreement shall be effective upon execution by both Parties and shall continue in full force and effect so long as the Member’s Generator is interconnected to the Cooperative’s electric distribution system. This Agreement may be amended by the Cooperative without the consent of the Member upon 30 days prior written notice to the Member. This Agreement shall terminate on the date that the Member permanently de-installs its interconnection of its Generator with the Cooperative’s system and provides notice thereof to the Cooperative, provided, however, any obligation contained herein which would naturally survive the termination of this Agreement, including but not limited to the Member’s indemnification and insurance obligations, shall survive the termination of this Agreement. This Agreement may also be terminated as follows: (a) Cooperative may terminate upon failure by the member to generate energy from the Generator and deliver such energy to the Cooperative within six (6) months after completion of the interconnection; (b) Cooperative may terminate this Agreement by giving the Member at least thirty (30) days prior written notice that the other Party is in default of any of the terms and conditions of the Agreement or the Rules or any rate schedule, tariff, regulation, contract, or policy of the Cooperative, so long as the notice specifies the basis for termination and the default is not cured incurred within such thirty (30) day period; (c) Cooperative may terminate by giving Member at least sixty (60) days’ days notice in the event that there is a material change in an applicable law, or any requirement of the Cooperative’s wholesale power supplier or of any transmission utility, independent system operator or regional transmission organization having responsibility for the operation of any part of the Cooperative’s distribution system..

Appears in 4 contracts

Samples: Dubois Rec, Dubois Rec, Dubois Rec

Effective Term and Termination Rights. This Agreement shall be effective upon execution by both Parties and shall continue in full force and effect so long as the Member’s Generator is interconnected to the Cooperative’s electric distribution system. This Agreement may be amended by the Cooperative without the consent of the Member upon 30 days prior written notice to the Member. This Agreement shall terminate on the date that the Member permanently de-installs its interconnection of its Generator with the Cooperative’s system and provides notice thereof to the Cooperative, provided, however, any obligation contained herein which would naturally survive the termination of this Agreement, including but not limited to the Member’s indemnification and insurance obligations, shall survive the termination of this Agreement. This Agreement may also be terminated as follows: (a) Cooperative may terminate upon failure by the member Member to generate energy from the Generator and deliver such energy to the Cooperative within six (6) months after completion of the interconnection; (b) Cooperative may terminate this Agreement by giving the Member at least thirty (30) days prior written notice that the other Party is in default of any of the terms and conditions of the Agreement or the Rules or any rate schedule, tariff, regulation, contract, or policy of the Cooperative, so long as the notice specifies the basis for termination and the default is not cured within such thirty (30) day period; (c) Cooperative may terminate by giving Member at least sixty (60) days’ days notice in the event that there is a material change in an applicable law, or any requirement of the Cooperative’s wholesale power supplier or of any transmission utility, independent system operator or regional transmission organization having responsibility for the operation of any part of the Cooperative’s distribution system..

Appears in 1 contract

Samples: Kosciusko Remc Agreement for Interconnection

Effective Term and Termination Rights. This Agreement shall be effective upon execution by both Parties and shall continue in full force and effect so long as the Member’s Generator is interconnected to the Cooperative’s electric distribution system. This Agreement may be amended by the Cooperative without the consent of the Member upon 30 days prior written notice to the Member. This Agreement shall terminate on the date that the Member permanently de-installs its interconnection of its Generator with the Cooperative’s system and provides notice thereof to the Cooperative, provided, however, any obligation contained herein which would naturally survive the termination of this Agreement, including but not limited to the Member’s indemnification and insurance obligations, shall survive the termination of this Agreement. This Agreement may also be terminated as follows: (a) Cooperative may terminate upon failure by the member to generate energy from the Generator and deliver such energy to the Cooperative within six (6) months after completion of the interconnection; (b) Cooperative may terminate this Agreement by giving the Member at least thirty (30) days prior written notice that the other Party is in default of any of the terms and conditions of the Agreement or the Rules or any rate schedule, tariff, regulation, contract, or policy of the Cooperative, so long as the notice specifies the basis for termination and the default is not cured within such thirty (30) day period; (c) Cooperative may terminate by giving Member at least sixty (60) days’ days notice in the event that there is a material change in an applicable law, or any requirement change in requirements of the Cooperative’s wholesale power supplier or of any transmission utility, independent system operator or regional transmission organization having responsibility for the operation of any part of the Cooperative’s distribution system..(Sunflower).

Appears in 1 contract

Samples: Interconnection Agreement

AutoNDA by SimpleDocs

Effective Term and Termination Rights. This Agreement shall be effective upon execution by both Parties and shall continue in full force and effect so long as the Member’s Generator generator is interconnected to the Cooperative’s electric distribution system. This Agreement may be amended by the Cooperative without the consent of the Member upon 30 days prior written notice to the Member. This Agreement shall terminate on the date that the Member permanently de-installs its the interconnection of its Generator their generator with the Cooperative’s system and provides notice thereof to the Cooperative, provided, however, any obligation contained herein which would naturally survive the termination of this Agreement, including but not limited to the Member’s indemnification and insurance obligations, shall survive the termination of this Agreement. This Agreement may also be terminated as follows: (a) Cooperative may terminate upon failure by the member to generate energy from the Generator generator and deliver such energy to the Cooperative within six (6) months after completion of the interconnection; (b) Cooperative may terminate this Agreement by giving the Member at least thirty (30) days prior written notice that the other Party is in default of any of the terms and conditions of the Agreement or the Rules or any rate schedule, tariff, regulation, contract, or policy of the Cooperative, so long as the notice specifies the basis for termination and the default is not cured within such thirty (30) day period; (c) Cooperative may terminate by giving Member at least sixty (60) days’ days notice in the event that there is a material change in an applicable law, or any requirement change in requirements of the Cooperative’s wholesale power supplier or of any transmission utility, independent system operator or regional transmission organization having responsibility for the operation of any part of the Cooperative’s distribution system..(Sunflower).

Appears in 1 contract

Samples: Interconnection Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!