Common use of Term Termination and Liquidation Clause in Contracts

Term Termination and Liquidation. Article 50 The term of the JV Company (the “Term”) shall be thirty (30) years commencing from the issuance of the business license. Subject to complying with Applicable Laws, upon the recommendation of the Board, the Parties may apply, at least six (6) months prior to the expiry of the Term, to the original examination and approval authority for an extension of the Term.

Term Termination and Liquidation. Article 50 53 The term of the JV Company (the “Term”) shall be thirty (30) years commencing commence from the issuance of the business licenselicense and end thirty (30) years after the Commercial Operation Date of the Plant. Subject to complying with Applicable Laws, upon the recommendation of the Board, the Parties may apply, at least six (6) months prior to the expiry of the Term, to the original examination and approval authority Approval Authority for an extension of the Term.

Term Termination and Liquidation. Article 50 53 The term of the JV Company (the “Term”) shall be thirty (30) years commencing commence from the issuance of the business licenselicense and end fifty (50) years after the “Commercial Operation Date” as defined in the Tolling Contract. Subject to complying with Applicable Laws, upon the recommendation of the Board, the Parties may apply, at least six (6) months prior to the expiry of the Term, to the original examination and approval authority for an extension of the Term.

Term Termination and Liquidation. Article 50 The term of the JV Company (the “Term”) shall be thirty (30) years commencing from the issuance of the business licenseBusiness License. Subject to complying with Applicable Laws, upon the recommendation of the BoardBoard of Directors, the Parties may apply, at least six (6) months prior to the expiry of the Term, to the original examination examining and approval authority approving authorities of the JV Company for an extension of the Term.

Term Termination and Liquidation. Article 50 The term of the JV Company (the “Term”) shall be thirty (30) years commencing commence from the issuance of the business licenselicense and end thirty (30) years after the Commercial Operation Date of the Plant. Subject to complying with Applicable Laws, upon the recommendation of the Board, the Parties may apply, at least six (6) months prior to the expiry of the Term, to the original examination and approval authority for an extension of the Term.