Common use of Term of Transaction Clause in Contracts

Term of Transaction. Except for the obligations in Sections 4 (CPUC Filing and Approval) and 9 (Confidentiality) which shall be effective and binding as of the Execution Date, the term of the Transaction shall commence upon the Effective Date and shall continue until the end of the Delivery Term, provided that this Agreement shall thereafter remain in effect as to those terms and conditions that expressly survive termination or expiration of the Agreement (“Term”). This Confirmation, and the Transaction and Term hereunder, shall terminate early in the event of a failure to satisfy the Green Attributes Condition Precedent defined below or as otherwise provided in the Agreement. Termination because of a failure to satisfy the Green Attributes Condition Precedent shall terminate all of the Parties’ obligations under the Confirmation as of the Transaction Termination Date as provided in Section 4.2, except for the Parties’ confidentiality obligations under Article 9 herein.

Term of Transaction. Except for the obligations in Sections 4 (CPUC Filing Filings and ApprovalApprovals) and 9 (Confidentiality) which shall be effective and binding as of the Execution Date, the term of the Transaction shall commence upon the Effective Date and shall continue until the end of the Delivery Term, provided that this Agreement shall thereafter remain in effect as to those terms and conditions that expressly survive termination or expiration of the Agreement (“Term”). This Confirmation, and the Transaction and Term hereunder, shall terminate early in the event of a failure to satisfy the Green Attributes Condition Precedent defined below or as otherwise provided in the Agreement. Termination because of a failure to satisfy the Green Attributes Condition Precedent shall terminate all of the Parties’ obligations under the Confirmation as of the Transaction Termination Date as provided in Section 4.2, except for the Parties’ confidentiality obligations under Article 9 herein.