Common use of Termination by ISO Clause in Contracts

Termination by ISO. Subject to Section 5.2, the ISO may terminate this Agreement by giving written notice of termination in the event that the Participating Load commits any material default under this Agreement and/or the ISO Tariff which, if capable of being remedied, is not remedied within thirty (30) days after the ISO has given, to the Participating Load, written notice of the default, unless excused by reason of Uncontrollable Forces in accordance with Article X of this Agreement. With respect to any notice of termination given pursuant to this Section, the ISO must file a timely notice of termination with FERC. The filing of the notice of termination by the ISO will be considered timely if: (1) the request to file a notice of termination is made after the preconditions for termination have been met, and (2) the ISO files the notice of termination within thirty (30) days of receipt of such request. This Agreement shall terminate upon acceptance by FERC of such a notice of termination.

Termination by ISO. Subject to Section 5.2, the ISO may terminate this Agreement by giving written notice of termination in the event that the Participating Load Generator commits any material default under this Agreement and/or the ISO Tariff which, if capable of being remedied, is not remedied within thirty (30) days after the ISO has given, to the Participating LoadGenerator, written notice of the default, unless excused by reason of Uncontrollable Forces in accordance with Article X of this Agreement. With respect to any notice of termination given pursuant to this Section, the ISO must file a timely notice of termination with FERC. The filing of the notice of termination by the ISO will be considered timely if: (1) the request to file a notice of termination is made after the preconditions for termination have been met, and (2) the ISO files the notice of termination within thirty (30) 30 days of after receipt of such request. This Agreement shall terminate upon acceptance by FERC of such a notice of termination.

Termination by ISO. Subject to Section 5.24.2, the ISO may terminate this Agreement by giving written notice of termination in the event that the Participating Load SC commits any material default under this Agreement Agreement, and/or the ISO Tariff and/or the ISO Protocols which, if capable of being remedied, is not remedied within thirty (30) days after the ISO has given, to the Participating Load, given it written notice of the default, unless excused by reason of Uncontrollable Forces Force in accordance with Article X Section 15 of this Agreementthe ISO Tariff. With respect to any aAny notice of termination given pursuant to this Section, the ISO must file a timely notice of termination with FERC. The filing of the notice of termination by the ISO will be considered timely if: (1) the request to file a notice of termination is made after the preconditions for termination have been met, and (2) the ISO files the notice of termination within thirty (30) days of receipt of such request. This Agreement shall terminate upon acceptance by FERC of such a notice of terminationtermination must also be filed at the FERC. Pending acceptance by the FERC of such termination the operation of the terms of this Agreement and of the ISO Tariff shall be suspended.

Termination by ISO. Subject to Section 5.2, the ISO may terminate this Agreement by giving written notice of termination in the event that the Participating Load Generator commits any material default under this Agreement and/or the ISO Tariff which, if capable of being remedied, is not remedied within thirty (30) days after the ISO has given, to the Participating LoadGenerator, written notice of the default, unless excused by reason of Uncontrollable Forces in accordance with Article X of this Agreement. With respect to any notice of termination given pursuant to this Section, the ISO must file a timely notice of termination with FERC. The filing of the notice of termination by the ISO will be considered timely if: (1) the request to file a notice of termination is made after the preconditions for termination have been met, and (2) the ISO files the notice of termination within thirty (30) 30 days of receipt of such request. This Agreement shall terminate upon acceptance by FERC of such a notice of termination.

Termination by ISO. Subject to Section 5.24.2, the ISO may terminate this Agreement by giving written notice of termination in the event that the Participating Load SC commits any material default under this Agreement and/or the ISO Tariff which, if capable of being remedied, is not remedied within thirty (30) days after the ISO has given, to the Participating Load, given it written notice of the default, unless excused by reason of Uncontrollable Forces Force in accordance with Article X Section 15 of this Agreementthe ISO Tariff. With respect to any notice of termination given pursuant to this Section, the ISO must file a timely notice of termination with FERC. The filing of the notice of termination by the ISO will be considered timely if: (1) the request to file a notice of termination is made after the preconditions for termination have been met, and (2) the ISO files the notice of termination within thirty (30) 30 days of receipt of such request. This Agreement shall terminate upon acceptance by FERC of such a notice of termination.

Termination by ISO. Subject to Section 5.24.2, the ISO may terminate this Agreement by giving written notice of termination in the event that the Participating Load ISO Metered Entity commits any material default under this Agreement and/or the ISO Tariff which, if capable of being remedied, is not remedied within thirty (30) days after the ISO has given, to the Participating Load, given it written notice of the default, unless excused by reason of Uncontrollable Forces Force in accordance with Article X Section 15 of this Agreementthe ISO Tariff. With respect to any notice of termination given pursuant to this Section, the ISO must file a timely notice of termination with FERC. The filing of the notice of termination by the ISO will be considered timely if: (1) the request to file a notice of termination is made after the preconditions for termination have been met, and (2) the ISO files the notice of termination within thirty (30) 30 days of receipt of such request. This Agreement shall terminate upon acceptance by FERC of such a notice of termination.

Termination by ISO. Subject to Section 5.2, 14 the ISO may terminate this Agreement by giving written notice of termination in the event that the Participating Load Scheduling Coordinator commits any material default under this Agreement and/or the ISO Tariff which, if capable of being remedied, is not remedied within thirty (30) days after the ISO has given, to the Participating Load, given it written notice of the default, unless excused by reason of Uncontrollable Forces Force in accordance with Article X Section 15 of this Agreementthe ISO Tariff. With respect to any notice of termination given pursuant to this Section, the ISO must file a timely notice of termination with FERC. The filing of the notice of termination by the ISO will be considered timely if: (1) the request to file a notice of termination is made after the preconditions for termination have been met, and (2) the ISO files the notice of termination within thirty (30) 30 days of receipt of such request. This Agreement shall terminate upon acceptance by FERC of such a notice of termination.

Termination by ISO. Subject to Section 5.24.2, the ISO may terminate this Agreement by giving written notice of termination in the event that the Participating Load ISO Metered Entity commits any material default under this Agreement and/or the ISO Tariff which, if capable of being remedied, is not remedied within thirty (30) days after the ISO has given, to the Participating Load, given it written notice of the default, unless excused by reason of Uncontrollable Forces Force in accordance with Article X Section 14 of this Agreementthe ISO Tariff. With respect to any notice of termination given pursuant to this Section, the ISO must file a timely notice of termination with FERC. The filing of the notice of termination by the ISO will be considered timely if: (1) the request to file a notice of termination is made after the preconditions for termination have been met, and (2) the ISO files the notice of termination within thirty (30) 30 days of receipt of such request. This Agreement shall terminate upon acceptance by FERC of such a notice of termination.

Termination by ISO. Subject to Section 5.24.2, the ISO may terminate this Agreement by giving written notice of termination in the event that the Participating Load SC commits any material default under this Agreement Agreement, and/or the ISO Tariff and/or the ISO Protocols which, if capable of being remedied, is not remedied within thirty (30) days after the ISO has given, to the Participating Load, given it written notice of the default, unless excused by reason of Uncontrollable Forces Force in accordance with Article X Section 15 of this Agreementthe ISO Tariff. With respect to any Any notice of termination given pursuant to this Section, the ISO must file a timely notice of termination with FERC. The filing of the notice of termination by the ISO will be considered timely if: (1) the request to file a notice of termination is made after the preconditions for termination have been met, and (2) the ISO files the notice of termination within thirty (30) days of receipt of such request. This Agreement shall terminate upon acceptance by FERC of such a notice of termination. must also be filed at the FERC. Pending acceptance by the FERC of such termination the operation of the terms of this Agreement and of the ISO Tariff shall be suspended.