[SUBJECT TO FURTHER NEGOTIATION AND REVISIONS Sample Clauses

[SUBJECT TO FURTHER NEGOTIATION AND REVISIONS. Purchaser has informed Seller, and Seller acknowledges, that GMEU will xxxx its end-users and collect payment for Contracted Energy that GMEU receives from Purchaser for resale in accordance with Section 5.5; provided, however, that Purchaser’s obligations to pay for Contracted Energy (including requirements to purchase the Minimum Purchase Quantity of Contracted Energy) under Section 5 shall not be affected by the timing and payment (or lack thereof) by such retail customers.
AutoNDA by SimpleDocs
[SUBJECT TO FURTHER NEGOTIATION AND REVISIONS. [Payments and Liability Limitation.
[SUBJECT TO FURTHER NEGOTIATION AND REVISIONS. Early Termination After Year 7. On any date after the seventh (7th) anniversary of the first Deliverability Notice, and so long as Purchaser is not in default under this Agreement, Purchaser may terminate this Agreement for convenience in its sole discretion and without cause (an “ Early Termination”), by (a) giving at least two hundred seventy (270) days’ prior written notice to Seller of a termination date, and providing for a Transition Period as set forth in Section 5.5.4. The limitation on Purchaser’s liability for payment set forth in Section 5.5.3 shall apply to Purchaser’s termination for convenience under this Section 6.2.2.
[SUBJECT TO FURTHER NEGOTIATION AND REVISIONS. Notwithstanding any other provision herein, Purchaser may terminate this Agreement at any time during the first twenty-four months following the Effective Date if there is instituted or pending any action or proceeding by any Governmental Authority, or by any other Person, domestic, foreign or transnational, before any Governmental Authority, (i) involving any challenge to, or seeking any damages or other relief in connection with, the transactions contemplated hereby or related thereto, including relating to GMEU and service to end-users, (ii) that may have the effect of preventing, delaying, making illegal, or imposing limitations or conditions on or otherwise interfering with the transactions contemplated hereby or related hereto, including transactions between GMEU and end users, or (iii) that otherwise would be reasonably be expected to have a material adverse effect on the rights of either Party.
[SUBJECT TO FURTHER NEGOTIATION AND REVISIONS. The purchase price with respect to the Purchase Option shall be the Fair Market Value at such time the purchase option is exercised. The “Fair Market Value” of the System shall be the value determined by a nationally recognized independent appraiser selected by the Parties, with experience and expertise in the solar photovoltaic, battery, engine, and microgrid industries to value such equipment and systems. The Fair Market Value of the System shall be based upon its value in place on an “as is”, “where is” basis, and disregarding the costs of removal, shipping, and reinstallation. Such appraiser shall act reasonably and in good faith to determine the Fair Market Value and shall set forth such determination in a written opinion delivered to the Parties. The costs of the appraisal shall be borne by the Purchaser. If the Parties are unable to agree on the selection of an appraiser, such appraiser shall be selected by the two (2) appraiser firms, one proposed by each Party. If Purchaser accepts the purchase price determined by the appraiser and proceeds with the purchase of the System, upon receipt by Seller of the applicable purchase price and all other amounts then owing by Purchaser to Seller, the Parties shall execute the Asset Purchase Agreement and all documents necessary to cause: (i) title to the System to pass from Seller to Purchaser on an “as is”, “where is” basis; and

Related to [SUBJECT TO FURTHER NEGOTIATION AND REVISIONS

  • Conditions to Resignation and Termination Subject to paragraph 9(b)(vi) below, no resignation or termination of the appointment of the Global Agent shall take effect until a new agent has been appointed and no resignation or termination of the appointment of an agent shall take effect if there would not then be agents as required by the Terms of any Notes. Issuer shall use its best efforts to appoint a new agent not later than 30 calendar days after Issuer's receipt of the notice of resignation delivered by the Global Agent in accordance with paragraph 9(b)(ii) above. Issuer agrees with the Global Agent that if Issuer fails to appoint a successor within such period, the Global Agent may petition a court of competent jurisdiction to appoint a new Global Agent hereunder and Issuer shall accept the appointment of that bank as the successor to Global Agent.

  • DURATION, AMENDING, TERMINATING, AND MISCELLANEOUS PROVISIONS 3.1 This Agreement shall take effect on 07/01/2021 and shall remain in effect until 06/30/2022.

  • Amendments and Termination This Agreement may be amended or terminated only by a written agreement signed by the Company and the Executive.

  • Term, Termination and Survival This Agreement shall become effective when signed below and shall continue in effect until terminated. Either Party may terminate this Agreement at-will with thirty (30) day’s written notice to the other Party. Termination shall not relieve the Parties from any debt or liability incurred hereunder while the Agreement was active; and all terms and conditions of this Agreement intended to protect the Parties and their records and regulate disputes, grievances or complaints between them shall survive any termination.

  • Condition to Resignation and Termination No such resignation or (subject to Clause 19.5) termination of the appointment of the Issuing and Principal Paying Agent, Registrar or Calculation Agent shall, however, take effect until a new Issuing and Principal Paying Agent (which shall be a bank or trust company) or, as the case may be, Registrar or Calculation Agent has been appointed and no resignation or termination of the appointment of a Paying Agent or Transfer Agent shall take effect if there would not then be Paying Agents or Transfer Agents as required by the Conditions. If the Issuer fails to appoint a successor as requested by the Agreement and the Conditions by the tenth day before expiry of any notice given under Clause 19.2, then the relevant Agent may itself appoint as successor any reputable and experienced financial institution.

  • Term of Agreement and Termination 2.1. This Agreement enters into effect at the time of acceptance of this Agreement.

  • Term, Termination and Renewal The initial term of this Agreement shall be defined in the Scope of Service or Payment Schedule above. If the services provided are for an annual rate and extend for multiple years, PROFESSIONAL will prorate the first year of the agreement to match the fiscal year for the CLIENT, followed by consecutive, 12-month periods. This Agreement shall automatically renew for successive terms which consist of a twelve (12) month period, subject to earlier termination as set forth in this Agreement or upon written notification by either party thirty (30) days prior to the end of a term. If, for any reason, this Agreement is terminated prior to the end of a term, any waived or discounted fees or specified promotional items provided by PROFESSIONAL shall be invoiced by PROFESSIONAL and paid by CLIENT.

  • Agreement Term and Termination This agreement will remain in effect until the expiration or termination of Customer’s Subscription, whichever is earliest. Customer may terminate this agreement at any time by contacting its Reseller. The expiration or termination of this agreement will only terminate Customer’s right to place new orders for additional Products under this agreement.

  • Term and Termination of Agreement 1. This Agreement shall run for a period of one (1) year from the date first written above and will be renewed from year to year thereafter unless terminated by either party as provided hereunder.

  • Term and Termination of the Agreement 15.1. Term and duration of the Agreement The Standard Transmission Agreement shall enter into force on the Start Date of this Standard Transmission Agreement and shall be effective for an undetermined term.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!