Termination by the Generator Sample Clauses

Termination by the Generator. The Generator may terminate this Agreement as follows: (a) following the termination of the WSCC RMS Agreement for any reason by the WSCC or by the Transmission Operator, provided such notice is provided within forty-five (45) days of the termination of the WSCC RMS Agreement; (b) following the effective date of an amendment to the requirements of the WSCC Reliability Criteria Agreement that adversely affects the Generator, provided notice of such termination is given within forty- five (45) days of the date of issuance of a FERC order accepting such amendment for filing, provided further that the forty-five (45) day period within which notice of termination is required may be extended by the Generator for an additional forty-five (45) days if the Generator gives written notice to the Transmission Operator of such requested extension within the initial forty-five (45) day period; or (c) for any reason on one year’s written notice to the Transmission Operator and the WSCC.
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Termination by the Generator. (a) If any AESO Event of Default occurs and is continuing, then the Generator may elect to terminate this Agreement by providing written notice of termination to the AESO upon or within a reasonable time of the Generator becoming aware of the occurrence of the AESO Event of Default, and may set off any payments due to the AESO against any amounts payable by the AESO to the Generator. Where the Generator has so terminated this Agreement, the AESO shall return any Completion and Performance Security it holds within twenty (20) Business Days following receipt of a written request from the Generator. (b) If the Generator terminates this Agreement pursuant to Section 16.4(a): (i) at any time prior to the Commercial Operation Date, such termination shall be deemed to be an Optional Termination, and the provisions of Section 16.6 shall apply, mutatis mutandis; and (ii) at any time, on or after the Commercial Operation Date, the Generator shall be entitled to exercise all remedies available to it at law or in equity, and a Market Termination Amount shall become payable from one Party to the other, all as contemplated under Section 16.5(b).
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Termination by the Generator. The Generator may terminate this Agreement as follows:
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Termination by the Generator. The Generator may by notice to the Supplier forthwith terminate the Contract Term if the Supplier: (A) fails to pay (other than by inadvertent error in funds transmission which is discovered by the Supplier, notified to the Generator's Agent and corrected within 4 Banking Days of such notification) any amount due from it pursuant to the terms of this Agreement and such default is unremedied at the expiry of the period 7 Banking Days immediately following receipt by the Supplier of written notice from the Generator's Agent of such non-payment; (B) at any time during the Contract Term ceases to hold a supply licence under section 6 of the Act; (C) is in material breach of its obligations other than its payment obligations under this Agreement and such breach is continuing and remains unremedied after the expiry of 28 Banking Days following the giving of written notice by the Generator requiring the Supplier to discontinue or remedy its material breach; (D) is subject to an Insolvency Event; or (E) fails to perform its obligations under this Agreement to any material extent for a continuous period of 90 days as a result of an event of Force Majeure.
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Termination by the Generator. The Generator may by notice to the Supplier forthwith terminate the Contract Term if the Supplier: 13.2.1 fails to pay (other than by inadvertent error in funds transmission which is discovered by the Supplier, notified to the Generator's Agent and corrected within 4 Banking Days of such notification) any amount due from it pursuant to the terms of this Agreement and such default is unremedied at the expiry of the period 7 Banking Days immediately following receipt by the Supplier of written notice from the Generator's Agent of such non-payment; 13.2.2 at any time during the Contract Term ceases to hold a supply licence under section 6 of the Act; 13.2.3 is in material breach of its obligations other than its payment obligations under this Agreement and such breach is continuing and remains unremedied after the expiry of 28 Banking Days following the giving of written notice by the Generator requiring the Supplier to discontinue or remedy its material breach; 13.2.4 is subject to an Insolvency Event; or 13.2.5 fails to perform its obligations under this Agreement to any material extent for a continuous period of 90 days as a result of an event of Force Majeure; or 13.2.6 following a Change in Law in respect of which a notice is served under clause 12.1, the parties fail to reach an agreement under clauses 12.2 or 12.3 within 30 Banking Days of receipt of that notice.
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Termination by the Generator. The Generator may by notice in writing to the TSO forthwith terminate this Agreement:
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Related to Termination by the Generator

  • Termination by the Company This Agreement may be terminated and the Mergers may be abandoned at any time prior to the First Effective Time by action of the Board of Directors of the Company if: (a) the Board of Directors of Parent shall have made a Parent Change in Recommendation; provided, however, that the Company will not have the right to terminate this Agreement pursuant to this Section 7.03(a) if the Parent Requisite Vote has been obtained; or (b) there has been a breach of any representation, warranty, covenant or agreement made by Parent or the Merger Subs in this Agreement, or any such representation and warranty shall have become untrue after the date of this Agreement, such that Sections 6.03(a) or 6.03(b) would not be satisfied and such breach or failure to be true is not curable or, if curable, is not cured following written notice to Parent from the Company of such breach or failure by the earlier of (x) the 30th day following such written notice and (y) the Termination Date; provided that the Company shall not have the right to terminate this Agreement pursuant to this Section 7.03 if the Company is then in breach of any of its representations, warranties, covenants or agreements under this Agreement in a manner such that the conditions set forth in Sections 6.02(a) or 6.02(b) would not be satisfied (unless capable of being cured within 30 days). (c) at any time prior to the Company Requisite Vote being obtained, (i) if the Board of Directors of the Company authorizes the Company, to the extent permitted by and subject to complying with the terms of Section 5.02, to enter into an Alternative Company Acquisition Agreement with respect to a Company Superior Proposal that did not result from a material breach of this Agreement, (ii) concurrently with the termination of this Agreement, the Company, subject to complying with the terms of Section 5.02, enters into an Alternative Company Acquisition Agreement providing for a Company Superior Proposal that did not result from a material breach of this Agreement and (iii) prior to or concurrently with such termination, the Company pays to Parent in immediately available funds any fees required to be paid pursuant to Section 7.05(b).

  • Termination by the Company Without Cause The Company may terminate the Executive’s employment hereunder at any time without Cause. Any termination by the Company of the Executive’s employment under this Agreement which does not constitute a termination for Cause under Section 3(c) and does not result from the death or disability of the Executive under Section 3(a) or (b) shall be deemed a termination without Cause.

  • Termination by the Funder The Funder may terminate this Agreement by providing ten (10) calendar days written notice to the Claimholder after the occurrence of any of the following events. The notice shall reasonably describe the alleged breach which is the basis of such termination and clearly state the Funder’s intent to terminate this Agreement if the alleged breach is not cured within ten (10) calendar days of the Claimholder’s receipt of the notice. (a) Any representation or warranty given by the Claimholder was untrue in any material respect as of the Initial Effective Date or the Restated Effective Date of this Agreement; (b) Any breach by the Claimholder of a material provision of this Agreement that has a material adverse effect on the value of the Subject Claim or the Proceeds; (c) An event, circumstance or condition has occurred or been discovered after the Initial Effective Date of the Agreement which would reasonably be expected to render it unlikely that the Claimholder Proceeds will be sufficient to pay the amounts corresponding to Sections 7.4(a) and Section 7.4(b) of this Agreement, as applicable, including the occurrence of any event or development with respect to the Subject Claim that has resulted or could reasonably be expected to result in the dismissal, discontinuation or denial of any material portion of the Subject Claim; or (d) Claimholder becomes insolvent and is subject to Insolvency Proceedings.

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