Exit Plan and Consequences of Exit Sample Clauses

Exit Plan and Consequences of Exit. 20.5.1. In case of an Exit, the remaining Parties shall ensure as reasonably as possible the continuity of the SIDC.
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Exit Plan and Consequences of Exit. 17.5.1. In case of an Exit, the remaining Parties shall ensure as reasonably as possible the continuity of the SDAC.
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Exit Plan and Consequences of Exit. (a) In case of any exit of a Party in accordance with the provisions of this clause, the remaining Parties shall each use their respective Best Efforts to secure the continuity of the Single Day-ahead Coupling and the Single Intraday Coupling. The All NEMO Committee shall prepare a plan (the “Exit Plan”), setting forth the actions and measures to be taken to ensure continuity following a Party’s exit (as the case may be) including, but not limited to, the following:
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Related to Exit Plan and Consequences of Exit

  • TERMINATION AND CONSEQUENCES OF TERMINATION 14.1 On termination of any Service Schedule for whatever reason the Client will cease to have the Services provided thereunder.

  • Financial Consequences of Non-Performance If the corrective action plan is unacceptable to the Department or Customer, or fails to remedy the performance deficiencies, the Contractor will be assessed a non-performance retainage equivalent to 10% of the total invoice amount or as specified in the Contract. The retainage will be applied to the invoice for the then-current billing period. The retainage will be withheld until the Contractor resolves the deficiency. If the deficiency is subsequently resolved, the Contractor may invoice the Customer for the retained amount during the next billing period. If the Contractor is unable to resolve the deficiency, the funds retained will be forfeited.

  • Consequences of non-compliance If a beneficiary breaches any of its obligations under this Article, the grant may be reduced (see Article 43). Such breaches may also lead to any of the other measures described in Chapter 6.

  • Consequences of Events of Default and Corrective Action If an Event of Default occurs, the Province may, at any time, take one or more of the following actions:

  • Financial Consequences for Nonperformance The State reserves the right to withhold payment or implement other appropriate remedies, such as contract termination or nonrenewal, when the Contractor has failed to perform under or comply with the provisions of this contract. When or if the Contractor fails to perform or comply with provisions of this contract, the Contractor has ten (10) calendar days from receipt of Complaint to Vendor Form (PUR 7017) to comply as instructed within the notice. An amount of $500.00 may be assessed for each day the Contractor is delinquent after the ten (10) day notice period ends, and that amount may be withheld from a Contractor’s invoice. The rights and remedies of the State in this paragraph are not considered penalties and are in addition to any other rights and remedies provided by law.

  • Consequences of Expiry or Termination 50.1. Where the Authority terminates the Contractor’s interest in the Framework Agreement under clause 42 (Termination Rights) and makes other arrangements for the supply of Services, the Contractor indemnifies the Authority against all costs incurred in making those arrangements.

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