Common use of Extraordinary Termination Clause in Contracts

Extraordinary Termination. The Network User Member or the RBP Operator may terminate the Agreement by giving a written notice of termination upon the occurrence of any of the following events, unless such event results from an event of Force Majeure: a. Repeated or major breach or non-performance of the obligations of this Agreement, or the Operational Rules, b. The dissolution of Network User Member, c. If the Network User Member disagrees with the amendment of the RBP Operational Rules. In this case the Network User Member shall have the right to terminate the present Agreement by giving a written notice within 15 days from publishing the modification of the Operational Rules on the RBP Portal. The effective date of termination in this case shall be on the day when the modification of the Operational Rules enters into force.

Extraordinary Termination. The Network User Member or the RBP Operator may terminate the Agreement by giving a written notice of termination upon the occurrence of any of the following events, unless such event results from an event of Force Majeure: a. Repeated or major breach or non-performance of the obligations of this Agreement, or the Operational Rules, b. The dissolution of Network User Member, c. If the Network User Member disagrees with the amendment of the RBP Operational Rules. In this case the Network User Member shall have the right to terminate the present Agreement by giving a written notice within 15 days from publishing the modification of the Operational Rules on the RBP Portal. The effective date of termination in this case shall be on the day when the modification of the Operational Rules enters into force.

Extraordinary Termination. The Network User Member or the RBP Operator may terminate the Agreement by giving a written notice of termination upon the occurrence of any of the following events, unless such event results from an event of Force Majeure: a. Repeated or major breach or non-performance of the obligations of this Agreement, or the Operational Capacity Booking Rules, b. The dissolution of Network User Member, c. If the Network User Member disagrees with the amendment of the RBP Operational Capacity Booking Rules. In , in this case the Network User Member shall have the right to terminate the present Agreement by giving a written notice within 15 days from publishing the modification of the Operational Capacity Booking Rules on the RBP Portal. The effective date of termination in this case shall be on the day when the modification of the Operational Capacity Booking Rules enters into force.