Common use of Subsequent to Termination Clause in Contracts

Subsequent to Termination. expiration of this Agreement, as the case may be, the SPO will return the S.D to the Consumer after deducting amounts, if any due and payable to the SPO by the Consumer in accordance with the terms of this Agreement within 10 days of the termination/expiration of the Agreement otherwise interest @ 10% P.A. will be charged extra. If the amount of S.D has entirely been adjusted against amounts payable to the SPO by the Consumer, then the SPO shall not be required to refund any amount to the Consumer.

Appears in 5 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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