Common use of Term and Delivery Period Clause in Contracts

Term and Delivery Period. This Agreement shall become effective as of the Effective Date and shall continue in effect for a period ending at the end of HE 2400 CPT on the Termination Date (the “Term”) provided, however, that: (i) termination of this Agreement for any reason shall not relieve the Companies or the BGS-FP Supplier of any obligation accrued or accruing prior to such termination, (ii) applicable provisions of this Agreement shall continue in effect after termination to the extent necessary to provide for final xxxxxxxx, settlements, payments and adjustments, (iii) termination of this Agreement for an Event of Default shall not deprive the Non-Defaulting Party of its rights and remedies to recover its full damages as provided elsewhere in this Agreement, and (iv) those provisions designated or described in Sections 14.2 and 15.13(iii) shall survive termination. The provision of BGS-FP Supply shall commence at the beginning of HE 0100 CPT on the Delivery Start Date and shall end at the end of HE 2400 CPT on the Termination Date (the “Delivery Period”).

Appears in 2 contracts

Samples: Supplier Forward Contract, Forward Contract

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Term and Delivery Period. This Agreement shall become effective as of the Effective Date and shall continue in effect for a period ending at the end of HE 2400 CPT on the Termination Date (the “Term”) provided, however, that: (i) termination of this Agreement for any reason shall not relieve any of the Companies or the BGS-FP Supplier of any obligation accrued or accruing prior to such termination, (ii) applicable provisions of this Agreement shall continue in effect after termination to the extent necessary to provide for final xxxxxxxx, settlements, payments and adjustments, (iii) termination of this Agreement for an Event of Default shall not deprive the Non-Defaulting Party of its rights and remedies to recover its full damages as provided elsewhere in this Agreement, and (iv) those provisions designated or described in Sections 14.2 and 15.13(iii) shall survive termination. The provision of BGS-FP Supply shall commence at the beginning of HE 0100 CPT on the Delivery Start Date and shall end at the end of HE 2400 CPT on the Termination Date (the “Delivery Period”).

Appears in 2 contracts

Samples: Forward Contract (Dynegy Inc /Il/), Guaranty (Dynegy Inc /Il/)

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Term and Delivery Period. This Agreement shall become effective as of the Effective Date and shall continue in effect for a period ending at the end of HE 2400 242400 CPT on the Termination Date (the “Term”) provided, however, that: (i) termination of this Agreement for any reason shall not relieve the Companies or the BGS-FP Supplier of any obligation accrued or accruing prior to such termination, and (ii) applicable provisions of this Agreement shall continue in effect after termination to the extent necessary to provide for final xxxxxxxx, settlements, payments and adjustments, and as provided for in Sections E.ARTICLE 2: and E.13.1.c. (iii) termination of this Agreement for an Event of Default shall not deprive the Non-Defaulting Party of its rights and remedies to recover its full damages as provided elsewhere in this Agreement, and (iv) those provisions designated or described in Sections 14.2 and 15.13(iii) shall survive termination. The provision of BGS-FP Supply shall commence at the beginning of HE 0100 010100 CPT on the Delivery Start Date and shall end at the end of HE 2400 242400 CPT on the Termination Date (the “Delivery Period”).

Appears in 1 contract

Samples: Supplier Forward Contract

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