Reinstatement of Agreement. In the event that Buyer terminates this Agreement prior to the Commercial Operation Date and Seller thereafter achieves the Commercial Operation Date within one (1) year after such termination, Buyer may elect to reinstate this Agreement in accordance with its terms by providing Seller with at least six (6) months’ prior written notice of such reinstatement. Upon such reinstatement, Buyer shall return to Seller any Termination Payment made by Seller, together with interest accruing at the Late Payment Rate, on or prior to the date selected for reinstatement of this Agreement.
Reinstatement of Agreement. In the event of the termination of this Agreement by Licensee under Section 8(b)(4)(C) (Non-Renewal), Licensee may at any time after the effective date of such termination elect to reinstate this Agreement in accordance with this Section 8(d). To obtain reinstatement, Licensee shall deliver written notice to such effect to Service Provider, together with payment in full of: (A) annual maintenance fees, based upon Service Provider’s Annual Maintenance Fee Schedule in effect as of the time of such reinstatement, for all periods (as determined under Section 8(a) as if the Agreement had not been terminated that have elapsed from the effective date of such termination through the effective date of such reinstatement; and (B) an amount equal to one hundred ten percent (110%) of the annual maintenance fee, based upon Service Provider’s Annual Maintenance Fee Schedule in effect as of the time of such reinstatement, for the renewal term of this Agreement commencing on the effective date of such reinstatement. Any reinstatement under this Section 8(d) shall be effective as of the first business day after Service Provider has received the notice of reinstatement and all payments required to be made hereunder in connection with such reinstatement. The renewal term commencing with the effective date of this Agreement shall be for a period ending on the first annual anniversary of such effective date; and thereafter the term of this Agreement shall be renewed: (i) at the end of such first renewal term, for a period from the first day after the end of such first renewal term through December 31 of the calendar year in which such first renewal term ends; and (ii) thereafter, annually on a calendar year by calendar year basis.
Reinstatement of Agreement. In the event that Buyer terminates this Agreement prior to the Commercial Operation Date and Seller thereafter achieves the Commercial Operation Date within one (1) year after such termination, Buyer may elect to reinstate this Agreement in accordance with its terms by providing Seller with at least six (6) months’ prior written notice of such reinstatement. Upon such reinstatement, Buyer shall return to Seller any Termination Payment made by Seller, together with interest accruing at the Late Payment Rate, on or prior to the date selected for reinstatement of this Agreement. where: ∑ (CV – MV) + P N
Reinstatement of Agreement. If the Secured Party shall have proceeded to enforce its rights under this Security Agreement and such proceedings shall have been discontinued or abandoned for any reason prior to the issuance of any judgment or award, then the Debtors and the Secured Party shall be restored respectively to their positions and rights hereunder, and all rights, remedies and powers of the Debtors and the Secured Party shall continue as though no such proceeding had been initiated. In the event of litigation arising under this Security Agreement, the prevailing party shall be entitled to, in addition to all other damages and remedies, reasonable attorneys' fees.
Reinstatement of Agreement. In the event that Buyer terminates this Agreement prior to the Commercial Operation Date and Seller thereafter achieves the Commercial Operation Date within one (1) year after such termination, Buyer may elect to reinstate this Agreement in accordance with its terms by providing Seller with at least six (6) months’ prior written notice of such reinstatement. Upon such reinstatement, Buyer shall return to Seller any Termination Payment made by Seller, together with interest accruing at the Late Payment Rate, on or prior to the date selected for reinstatement of this Agreement. where: ∑ (CV – MV) + P N
(c) Set-off. The Non-Defaulting Party shall be entitled, at its option and in its discretion, to withhold and set off any amounts owed by the Non- Defaulting Party to the Defaulting Party against any payments and any other amounts owed by the Defaulting “∑” is the summation over the remainder of the Services N Term. “CV” is the Contract Value.
Reinstatement of Agreement. A. If the Lessee fails to make timely monthly lease payments, the Lessee has the right to reinstate this Agreement without losing any rights or options previously acquired if the Lessee does so within three months after the expiration of the last month for which the Lessee made a timely payment. This right of reinstatement shall exist only if the Lessee surrenders the Leased Property to the Lessor when the Lessor or its agent requests Lessee to surrender the Leased Property.
B. Before reinstating the Agreement, the Lessee must pay Lessor the following:
(1) Unpaid lease payments (monthly lease payment x number of late months).
(2) Plus late fees ($5.00 x number of late months)
(3) Plus reinstatement fee of $5.00
(4) Plus redelivery charge of $100.00
C. If reinstatement occurs, the Lessor shall provide the Lessee with either the same property leased by the Lessee prior to reinstatement or substitute property that is of comparable quality and condition. If substitute property is provided, the Lessor shall provide the Lessee with all of the disclosures required by Ohio Revised Code Section 1351.02 with regard to the substitute property.
Reinstatement of Agreement. In the event that Buyer terminates this Agreement prior to the Commercial Operation Date pursuant to Section 9.3(b)(i) and Seller thereafter achieves the Commercial Operation Date within one (1) year after such termination, Buyer may elect, within thirty (30) days of Seller providing notice to Buyer of the Facility reaching Commercial Operation Date, to reinstate this Agreement in accordance with its terms by providing Seller with at least six (6) months’ prior written notice of such reinstatement. Seller must provide such notification to Buyer within 30 days of the Facility reaching its Commercial Operation Date; provided, however, Buyer's ability to reinstate this Agreement shall not be dependent on Seller's notification. Upon such reinstatement, Buyer shall return to Seller any Termination Payment made by Seller, together with interest accruing at the Late Payment Rate, on or prior to the date selected for reinstatement of this Agreement.
Reinstatement of Agreement. The termination of the Agreement is hereby revoked and, except as expressly modified by this Amendment, the Agreement shall be, and hereby is, reinstated in its entirety and shall be in full force and effect as if the same had never been terminated.
Reinstatement of Agreement. By executing this Amendment, the Parties agree that the Agreement, and each and every provision thereof, will be reinstated.
Reinstatement of Agreement. Except as otherwise specifically modified by this First Amendment, Purchaser and Seller hereby reinstate the Agreement in its original form and effect as if the Termination Notice had not been given and such Agreement had never been terminated, and Purchaser and Seller agree to be bound by and fully comply with the terms contained therein.
