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Common use of Term and Termination of the Agreement Clause in Contracts

Term and Termination of the Agreement. 9.1 This agreement shall be in force for a period of 25 years from the date of commissioning of the SRTPV system, unless terminated otherwise, as provided here under. 9.2 If the BESCOM commits any breach of the terms of the Agreement, Seller shall serve a written notice specifying the breach and calling upon the BESCOM to remedy/ rectify the same, within 30 (thirty) days or at such other period and at the expiry of 30 (Thirty) days or such other period from the delivery of the notice, Seller may terminate the agreement by delivering the termination notice, if the BESCOM fails to remedy/ rectify the same. 9.3 If the Seller commits any breach of the terms of the Agreement, BESCOM shall serve a written notice specifying the breach and calling upon the Seller to remedy/ rectify the same within 30 (thirty) days or at such other period and at the expiry of 30 (Thirty) days or such other period from the delivery of the notice, the BESCOM may terminate the agreement by delivering the termination notice, if the Seller fails to remedy/ rectify the same. 9.4 Upon termination of this Agreement, Seller shall cease to supply power to the distribution system and any injection of power shall not be paid for by the BESCOM.

Appears in 3 contracts

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

Term and Termination of the Agreement. 9.1 This agreement shall be in force for a period of 25 years from the date of commissioning of the SRTPV system, system unless terminated otherwise, otherwise as provided here under. 9.2 If the BESCOM ESCOM commits any breach of the terms of the Agreement, Seller shall serve a written notice specifying the breach and calling upon the BESCOM ESCOM to remedy/ rectify the same, same within 30 (thirty) days or at such other period and at the expiry of 30 (Thirty) days or such other period from the delivery of the notice, Seller may terminate the agreement by delivering the termination notice, if the BESCOM ESCOM fails to remedy/ rectify the same. 9.3 If the Seller commits any breach of the terms of the Agreement, BESCOM ESCOM shall serve a written notice specifying the breach and calling upon the Seller seller to remedy/ rectify the same within 30 (thirty) days or at such other period and at the expiry of 30 (Thirty) days or such other period from the delivery of the notice, the BESCOM ESCOM may terminate the agreement by delivering the termination notice, if the Seller seller fails to remedy/ rectify the same. 9.4 Upon termination of this Agreement, Seller seller shall cease to supply power to the distribution system and any injection of power shall not be paid for by the BESCOMESCOMs.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Term and Termination of the Agreement. 9.1 This agreement shall be in force for a period of 25 years from the date of commissioning of the SRTPV system, unless terminated otherwise, as provided here under. 9.2 If the BESCOM GESCOM commits any breach of the terms of the Agreement, Seller shall serve a written notice specifying the breach and calling upon the BESCOM GESCOM to remedy/ rectify the same, within 30 (thirty) days or at such other period and at the expiry of 30 (Thirty) days or such other period from the delivery of the notice, Seller may terminate the agreement by delivering the termination notice, if the BESCOM GESCOM fails to remedy/ rectify the same. 9.3 If the Seller commits any breach of the terms of the Agreement, BESCOM GESCOM shall serve a written notice specifying the breach and calling upon the Seller to remedy/ rectify the same within 30 (thirty) days or at such other period and at the expiry of 30 (Thirty) days or such other period from the delivery of the notice, the BESCOM GESCOM may terminate the agreement by delivering the termination notice, if the Seller fails to remedy/ rectify the same. 9.4 Upon termination of this Agreement, Seller shall cease to supply power to the distribution system and any injection of power shall not be paid for by the BESCOMGESCOM.

Appears in 1 contract

Samples: Power Purchase Agreement

Term and Termination of the Agreement. 9.1 This agreement shall be in force for a period of 25 years from the date of commissioning of the SRTPV system, unless terminated otherwise, as provided here under. 9.2 If the BESCOM GESCOM commits any breach of the terms of the Agreement, Seller shall serve a written notice specifying the breach and calling upon the BESCOM GESCOM to remedy/ rectify the same, within 30 (thirty) days or at such other period and at the expiry of 30 (Thirty) days or such other period from the delivery of the notice, Seller may terminate the agreement by delivering the termination notice, if the BESCOM GESCOM fails to remedy/ rectify the same. 9.3 If if the Seller commits any breach of the terms of the Agreement, BESCOM GESCOM shall serve a written notice specifying the breach and calling upon the Seller to remedy/ rectify the same within 30 (thirty) days or at such other period and at the expiry of 30 (Thirty) days or such other period from the delivery of the notice, the BESCOM GESCOM may terminate the agreement by delivering the termination notice, if the Seller fails to remedy/ rectify the same. 9.4 Upon termination of this Agreement, Seller shall cease to supply power to the distribution system and any injection of power shall not be paid for by the BESCOMGESCOM.

Appears in 1 contract

Samples: Power Purchase Agreement

Term and Termination of the Agreement. 9.1 This agreement agreement, shall be in force for a period of 25 years from the date of commissioning of the SRTPV system, unless terminated otherwise, as provided here under. 9.2 If the BESCOM commits any breach of the terms of the Agreement, Seller shall serve a written notice specifying the breach and calling upon the BESCOM to remedy/ rectify the same, within 30 (thirty) days or at such other period and at the expiry of 30 (Thirty) days or such other period from the delivery of the notice, Seller may terminate the agreement by delivering the termination notice, if the BESCOM fails to remedy/ rectify the same. 9.3 If if the Seller commits any breach of the terms of the Agreement, BESCOM shall serve a written notice specifying the breach and calling upon the Seller to remedy/ rectify the same within 30 (thirty) days or at such other period and at the expiry of 30 (Thirty) days or such other period from the delivery of the notice, the BESCOM may terminate the agreement by delivering the termination notice, if the Seller fails to remedy/ rectify the same. 9.4 Upon termination of this Agreement, Seller shall cease to supply power to the distribution system and any injection of power shall not be paid for by the BESCOM.

Appears in 1 contract

Samples: Power Purchase Agreement

Term and Termination of the Agreement. 9.1 This agreement agreement, shall be in force for a period of 25 years from the date of commissioning of the SRTPV system, unless terminated otherwise, as provided here underhereunder. 9.2 If the BESCOM CESC, Mysuru commits any breach of the terms of the Agreement, Seller shall serve a written notice specifying the breach and calling upon the BESCOM CESC, Mysuru to remedy/ rectify the same, within 30 (thirty) days or at such other period and at the expiry of 30 (Thirty) days or such other period from the delivery of the notice, Seller may terminate the agreement by delivering the termination notice, if the BESCOM CESC, Mysuru fails to remedy/ rectify the same. 9.3 If the Seller Seller, commits any breach of the terms of the Agreement, BESCOM the CESC, Mysuru shall serve a written notice specifying the breach and calling upon the Seller seller to remedy/ rectify the same within 30 (thirty) days or at such other period and at the expiry of 30 (Thirty) days or such other period from the delivery of the notice, the BESCOM CESC, Mysuru may terminate the agreement by delivering the termination notice, if the Seller seller, fails to remedy/ rectify the same. 9.4 Upon termination of this Agreement, Seller shall cease to supply power to the distribution system and any injection of power shall not be paid for by the BESCOMCESC, Mysuru.

Appears in 1 contract

Samples: Power Purchase Agreement