Common use of Term of Settlement Clause in Contracts

Term of Settlement. The term of this Settlement shall commence on the 6 Effective Date and shall continue (unless terminated as otherwise provided herein) for the 7 term of the New Project License (subject to FERC's reserved authority under the New 8 Project License to require modifications), plus the term(s) of any annual license(s) which 9 may be issued after the foregoing New Project License has expired, or until the effective 10 date of any FERC order approving surrender of all or part of the Project under the Federal

Appears in 2 contracts

Samples: Settlement Agreement, 2004 Settlement Agreement

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Term of Settlement. The term of this Settlement shall commence on the 6 Effective Date and shall continue (unless terminated as otherwise provided herein) for the 7 term of the New Project License (subject to FERC's reserved authority under the New 8 Project License to require modifications), plus the term(s) of any annual license(s) which 9 may be issued after the foregoing New Project License has expired, or until the effective 10 date of any FERC order approving surrender of all or part of the Project under the FederalFederal Power Act (FPA).

Appears in 1 contract

Samples: Settlement Agreement

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Term of Settlement. The term of this Settlement shall commence on the 6 Effective Date and shall continue (unless terminated as otherwise provided herein) for the 7 term of the New Project License (subject to FERC's reserved authority under the New 8 Project License to require modifications), plus the term(s) of any annual license(s) which 9 may be issued after the foregoing New Project License has expired, or until the effective 10 date of any FERC order approving surrender of all or part of the Project under the FederalFPA.

Appears in 1 contract

Samples: Relicensing Settlement Agreement

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