Common use of Termination Costs Clause in Contracts

Termination Costs. If a Party elects to terminate this GIA pursuant to Article 2.3 above, each Party shall pay all costs incurred for which that Party is responsible (including any cancellation costs relating to orders or contracts for Interconnection Facilities, applicable upgrades, and related equipment) or charges assessed by the other Parties, as of the date of the other Parties’ receipt of such notice of termination, under this GIA. In the event of termination by a Party, the Parties shall use commercially Reasonable Efforts to mitigate the costs, damages and charges arising as a consequence of termination. Upon termination of this GIA, unless otherwise ordered or approved by FERC:

Appears in 41 contracts

Samples: Generator Interconnection Agreement, Interconnection Agreement, Generator Interconnection Agreement

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Termination Costs. If a Party elects to terminate this GIA Agreement pursuant to Article 2.3 above, each Party shall pay all costs incurred for which that Party is responsible (including any cancellation costs relating to orders or contracts for Interconnection Facilities, applicable upgrades, Facilities and related equipment) or charges assessed by the other PartiesParty, as of the date of the other Parties’ Party's receipt of such notice of termination, that are the responsibility of the Terminating Party under this GIA. In the event of termination by a Party, the Parties shall use commercially Reasonable Efforts to mitigate the costs, damages and charges arising as a consequence of termination. Upon termination of this GIA, unless otherwise ordered or approved by FERC:

Appears in 28 contracts

Samples: Generator Interconnection Agreement, Generator Interconnection Agreement, Generator Interconnection Agreement

Termination Costs. If a Party elects to terminate this GIA Agreement pursuant to Article 2.3 above, each Party Interconnection Customer and Transmission Owner shall pay all costs incurred for which that Party is responsible (including any cancellation costs relating to orders or contracts for Interconnection Facilities, applicable upgrades, Facilities and related equipment) or charges assessed by the any other PartiesParty, as of the date of the other Parties’ such Party's receipt of such notice of termination, that are the responsibility of the Terminating Party under this GIA. In the event of termination by a any Party, the all Parties shall use commercially Commercially Reasonable Efforts to mitigate the costs, damages and charges arising as a consequence of termination. Upon termination of this GIA, unless otherwise ordered or approved by FERC:

Appears in 11 contracts

Samples: Generator Interconnection Agreement, Generator Interconnection Agreement, Generator Interconnection Agreement

Termination Costs. If a Party elects to terminate this GIA Agreement pursuant to Article 2.3 above, each Party shall pay all costs incurred for which that Party is responsible (including any cancellation costs relating to orders or contracts for Interconnection Facilities, applicable upgrades, Facilities and related equipment) or charges assessed by the other PartiesParty, as of the date of the other Parties’ Party's receipt of such notice of termination, that are the responsibility of the Terminating Party under this GIA. In the event of termination by a Party, the Parties shall use commercially Reasonable Efforts to mitigate the costs, damages and charges arising as a consequence of termination. Upon termination of this GIA, unless otherwise ordered or approved by FERC:GIA:‌

Appears in 1 contract

Samples: Generator Interconnection Agreement

Termination Costs. If a Party elects to terminate this GIA Agreement pursuant to Article 2.3 above, each Party Interconnection Customer and Transmission Owner shall pay all costs incurred for which that Party is responsible incurre d (including any cancellation costs relating to orders or contracts for Interconnection Facilities, applicable upgrades, Facilities and related equipment) or charges assessed by the any other PartiesParty, as of the date of the other Parties’ such Party's receipt of such notice of termination, that are the responsibility of the Terminating Party under this GIA. In the event of termination by a any Party, the all Parties shall use commercially Commercially Reasonable Efforts to mitigate the costs, damages and charges arising as a consequence of termination. Upon termination of this GIA, unless otherwise ordered or approved by FERC:

Appears in 1 contract

Samples: Generator Interconnection Agreement

Termination Costs. If a Party elects to terminate this GIA pursuant to Article 2.3 above, each Party shall pay all costs incurred for which that Party is responsible (including any cancellation costs relating to orders or contracts for Interconnection Facilities, applicable upgrades, and related equipment) or charges assessed by the other Parties, as of the date of the other Parties' receipt of such notice of termination, under this GIA. In the event of termination by a Party, the Parties shall use commercially Reasonable Efforts to mitigate the costs, damages and charges arising as a consequence of termination. Upon termination of this GIA, unless otherwise ordered or approved by FERC:

Appears in 1 contract

Samples: Generator Interconnection Agreement

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Termination Costs. If a Party elects to terminate this GIA Agreement pursuant to Article 2.3 above, each Party shall pay all costs incurred for which that Party is responsible (including any cancellation costs relating to orders or contracts for Interconnection Facilities, applicable upgrades, Facilities and related equipment) or charges assessed by the other PartiesParty, as of the date of the other Parties’ Party's receipt of such notice of termination, that are the responsibility of the Terminating Party under this GIAGIACLGIA. In the event of termination by a Party, the Parties shall use commercially Reasonable Efforts to mitigate the costs, damages and charges arising as a consequence of termination. Upon termination of this GIAGIACLGIA, unless otherwise ordered or approved by FERC:

Appears in 1 contract

Samples: Agreement

Termination Costs. If a Party elects to terminate this GIA Agreement pursuant to Article 2.3 above, each Party shall pay all costs incurred for which that Party is responsible (including any cancellation costs relating to orders or contracts for Interconnection Facilities, applicable upgrades, Facilities and related equipment) or charges assessed by the other PartiesParty, as of the date of the other Parties’ Party’s receipt of such notice of termination, that are the responsibility of the Terminating Party under this GIA. In the event of termination by a Party, the Parties shall use commercially Reasonable Efforts to mitigate the costs, damages and charges arising as a consequence of termination. Upon termination of this GIA, unless otherwise ordered or approved determined by FERCDispute Resolution:

Appears in 1 contract

Samples: Generator Interconnection Agreement

Termination Costs. If a Party elects to terminate this GIA Agreement pursuant to Article 2.3 above, each Party shall pay all costs incurred for which that Party is responsible (including any cancellation costs relating to orders or contracts for Interconnection Facilities, applicable upgrades, Facilities and related equipment) or charges assessed by the other PartiesParty, as of the date of the other Parties’ non-terminating Party’s receipt of such notice of termination, that are the responsibility of the Party under this GIA. In the event of termination by a Party, the Parties shall use commercially Reasonable Efforts to mitigate the costs, damages and charges arising as a consequence of termination. Upon termination of this GIA, unless otherwise ordered or approved by FERC:

Appears in 1 contract

Samples: Generator Interconnection Agreement

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