No Effect on Prior Liabilities. Withdrawal by any Participant will not terminate any ongoing or un-discharged liabilities, credits or obligations, including any contingent liabilities, credits or obligations, resulting from this Agreement until they are satisfied in full, or such Withdrawing Participant has provided a mechanism acceptable to NCPA, for the satisfaction in full thereof.
Appears in 2 contracts
Samples: Power Management and Administrative Services Agreement, Power Management and Administrative Services Agreement
No Effect on Prior Liabilities. Withdrawal by any Participant will not terminate any ongoing or un-discharged liabilities, credits contingent liabilities or obligations, including any contingent liabilities, credits or obligations, obligations resulting from this Agreement until they are assigned to an Adjusting Participant, or are otherwise satisfied in full, or such Withdrawing Participant has provided a mechanism reasonably acceptable to NCPANCPA and the remaining Participants, for the satisfaction in full thereof.
Appears in 1 contract
Samples: Market Purchase Program Agreement
No Effect on Prior Liabilities. Withdrawal by any Participant will not terminate any ongoing or un-discharged liabilities, credits un‐discharged contingent liabilities or obligations, including any contingent liabilities, credits or obligations, obligations resulting from this Agreement until they are assigned to an Adjusting Participant, or are otherwise satisfied in full, or such Withdrawing Participant has provided a mechanism reasonably acceptable to NCPANCPA and the remaining Participants, for the satisfaction in full thereof.
Appears in 1 contract
Samples: Natural Gas Program Agreement
