Notice of Termination Payment. As soon as practicable after calculation of a Termination Payment, notice shall be given by the Non-Defaulting Party to the Defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to or due from the Non-Defaulting Party. The notice shall include a written statement explaining in reasonable detail the calculation of such amount. Subject to Section 5.4(b) above, the Termination Payment shall be made by the Party that owes it within three (3) Business Days after such notice is effective.
Appears in 47 contracts
Samples: Supplier Master Agreement, Supplier Master Agreement, Supplier Master Agreement
Notice of Termination Payment. As soon as practicable after calculation of a the Termination Payment, notice shall must be given by the Non-Defaulting Party to the Defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to or due from the Non-Defaulting Party. The notice shall include a written statement explaining in reasonable detail the calculation of such amount. Subject to Section 5.4(b) above5.3(e), the Termination Payment shall must be made by the Party that owes it within three (3) Business Days after such notice is effectivereceived by the Defaulting Party.
Appears in 32 contracts
Samples: Master Standard Service Offer Supply Agreement, Supply Agreement, Supply Agreement
Notice of Termination Payment. As soon as practicable after calculation of a the Termination Payment, notice shall must be given by the Non-Defaulting Party to the Defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to or due from the Non-Defaulting Party. The notice shall include a written statement explaining in reasonable detail the calculation of such amount. Subject to Section 5.4(b) above7.3(e), the Termination Payment shall must be made by the Party that owes it within three (3) Business Days after such notice is effectivereceived by the Defaulting Party.
Appears in 28 contracts
Samples: Supply Agreement, Supply Agreement, Supply Agreement
Notice of Termination Payment. As soon as practicable after calculation of a Termination Paymentliquidation, notice shall be given by the Non-Defaulting Party to the Defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to or due from the Non-Defaulting Party. The notice shall include a written statement explaining in reasonable detail the calculation of such amount. Subject to Section 5.4(b) above, the The Termination Payment shall be made by the Party that owes it within three five (35) Business Days after such notice is effective.
Appears in 20 contracts
Samples: Standard Service Agreement, Standard Service Agreement, Standard Service Agreement
Notice of Termination Payment. As soon as practicable after calculation of a an Early Termination PaymentDate is declared, notice shall be given by the Non-Defaulting Party shall provide written notice to the Defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to or due from the Non-Defaulting Party. The notice shall include a written statement explaining in reasonable detail the calculation of such amount. Subject to Section 5.4(b) above, The owing Party shall make the Termination Payment shall be made by the Party that owes it within three five (35) Business Days after such notice is effective.
Appears in 15 contracts
Samples: Full Requirements Service Agreement, Full Requirements Service Agreement, Full Requirements Service Agreement
Notice of Termination Payment. As soon as practicable after calculation of a Termination Payment, notice shall be given by the Non-Defaulting Party to the Defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to or due from the Non-Defaulting Party. The notice shall include a written statement explaining in reasonable detail the calculation of such amount. Subject to Section Article 5.4(b) above, the Termination Payment shall be made by the Party that owes it within three (3) Business Days after such notice is effective.
Appears in 12 contracts
Samples: Universal Default Supplier Master Agreement, Default Service Supplier Master Agreement, Default Service Supplier Master Agreement
Notice of Termination Payment. As soon as practicable after calculation of a Termination Paymenttermination, notice shall be given by the Nonnon-Defaulting Party to the Defaulting defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to or due from the Nonnon-Defaulting defaulting Party. The notice shall include a written statement explaining in reasonable detail the calculation of such amount. Subject to Section 5.4(b) above, the The Termination Payment shall be made by the Party that owes it within three five (35) Business Days after such notice is effective.
Appears in 6 contracts
Samples: Capacity and Associated Energy Purchase and Sale Agreement, Capacity Purchase and Sale Agreement, Demand Resource Capacity Purchase and Sale Agreement
Notice of Termination Payment. As soon as practicable after calculation of a an Early Termination PaymentDate, notice shall be given by the Non-Defaulting Party to the Defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to or due from the Non-Defaulting Party. The notice shall include a written statement explaining in reasonable detail the calculation of such amount. Subject to Section 5.4(b) above, the Termination Payment shall be made by the Party that owes it within three (3) Business Days after such notice is effective.three
Appears in 3 contracts
Samples: Default Service Supplier Master Agreement, Time of Use Supplier Master Agreement, Default Service Supplier Master Agreement
Notice of Termination Payment. As soon as practicable after calculation of a Termination Paymenttermination, notice shall be given by the Non-Defaulting Party to the Defaulting non- defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to or due from the Nonnon-Defaulting defaulting Party. The notice shall include a written statement explaining in reasonable detail the calculation of such amount. Subject to Section 5.4(b) above, the The Termination Payment shall be made by the Party that owes it within three five (35) Business Days after such notice is effective.
Appears in 2 contracts
Samples: Wind Energy Purchase and Sale Agreement, Solar Energy Purchase and Sale Agreement
Notice of Termination Payment. As soon as practicable after calculation notice of a Termination Paymenttermination, notice shall be given by the Non-Defaulting Party to the Defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to or due from the Defaulting Party to the Non-Defaulting Party, if any. The notice shall include a written statement explaining in reasonable detail the calculation of such amountamount and the sources for such calculation. Subject to Section 5.4(b) above, the The Termination Payment shall be made by to the Non-Defaulting Party that owes it within three fifteen (315) Business Days calendar days after such termination payment notice is effective.
Appears in 1 contract
Samples: Power Purchase Agreement
Notice of Termination Payment. As soon as practicable after calculation of a Termination Payment, notice shall be given by the Non-Defaulting Party to the Defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to or due from the Non-Defaulting Party. The notice shall include a written statement explaining in reasonable detail the calculation of such such amount. Subject to Section 5.4(b) above, the Termination Payment shall be made by the Party that owes it within three (3) Business Days after such notice is effective.
Appears in 1 contract
Samples: Master Agreement
Notice of Termination Payment. As soon as practicable after calculation of a Termination Paymenttermination, notice shall be given by the Nonnon-Defaulting Party to the Defaulting defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to or due from the Non-Defaulting PartyPayment. The notice shall include a written statement explaining in reasonable detail the calculation of such amount. Subject to Section 5.4(b) aboveThe Termination Payment, the Termination Payment if any, shall be made by the defaulting Party that owes it within three five (35) Business Days after such notice is effective.
Appears in 1 contract
Samples: Contract for the Sale of Energy/Capacity/Renewable Energy Credits
Notice of Termination Payment. As soon as practicable after calculation of a Termination Paymenttermination, notice shall be given by the Nonnon-Defaulting Party to the Defaulting defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to or due from the Non-Defaulting defaulting Party. The notice shall include a written statement explaining in reasonable detail the calculation of such amount. Subject to Section 5.4(b) above, the The Termination Payment shall be made by the defaulting Party that owes it within three five (35) Business Days after such notice is effective.
Appears in 1 contract
Samples: Biomass Generated Energy Purchase and Sale Agreement
Notice of Termination Payment. As soon as practicable after calculation of a Termination Payment, notice shall be given by the Non-Defaulting Party to the Defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to or due from the Non-Defaulting Party. The notice shall include a written statement explaining in reasonable detail the calculation of such amount. Subject to Section 5.4(b) above, the Termination Payment shall be made by the Party that owes it within three (3) Business Days after such notice is effective.effective.
Appears in 1 contract
Samples: Master Agreement
Notice of Termination Payment. As soon as practicable after calculation delivery of a Termination Paymentnotice of termination, notice shall be given by the Nonnon-Defaulting defaulting Party to the Defaulting defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to or due from the Nondefaulting Party to the non-Defaulting defaulting Party, if any. The notice shall include a written statement explaining in reasonable detail the calculation of such amountamount and the sources for such calculation. Subject to Section 5.4(b) above, the The Termination Payment shall be made by to the Party that owes it within three non-defaulting Party, as applicable, thirty (330) Business Days days after such notice is effective.
Appears in 1 contract
Samples: Power Purchase Agreement
Notice of Termination Payment. As soon as practicable after calculation of a Termination Payment, notice shall must be given by the Non-Defaulting Party to the Defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to or due from the Non-Defaulting Party. The notice shall will include a written statement explaining in reasonable detail the calculation of such amount. Subject to Section 5.4(b) above), the Termination Payment shall must be made by the Party that owes it within three (3) Business Days after such notice is effectivereceived by the Defaulting Party.
Appears in 1 contract