Common use of Termination Costs Clause in Contracts

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

Appears in 19 contracts

Samples: Interconnection Agreement, Via Electronic Filing, Interconnection Agreement

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

Appears in 17 contracts

Samples: Agreement, Agreement, Study Agreement

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

Appears in 10 contracts

Samples: Agreement, Agreement, Agreement

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

Appears in 8 contracts

Samples: Study Agreement, Large Generator Interconnection Agreement, Large Generator

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

Appears in 4 contracts

Samples: Large Generator, Standard Large Generator Interconnection Agreement, Large Generator Interconnection Agreement

Termination Costs. If a Party elects to terminate this LGIA Agreement pursuant to Article 2.3 above, each Party Interconnection Customer and Transmission Owner shall pay all costs incurred (including any cancellation costs relating to orders or contracts for Interconnection Facilities and equipment) or charges assessed by the any other Party(ies)Party, as of the date of such Party’s(ies’) Party's receipt of such notice of termination, that are the responsibility of such Party(ies) the Terminating Party under this LGIA. In the event of termination by a any Party, 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 LGIA, unless otherwise ordered or approved by the CommissionFERC:

Appears in 4 contracts

Samples: Interconnection Agreement, Original Service Agreement, Second Revised Service Agreement

Termination Costs. If a Party elects to terminate this LGIA Agreement pursuant to Article 2.3 2.4 above, each Party shall pay all costs incurred (including any cancellation costs relating to orders or contracts for Interconnection Facilities and equipment) or charges assessed by the other Party(ies)Party, as of the date of such Party’s(ies’) the other Party's receipt of such notice of termination, that are the responsibility of such Party(ies) the Terminating Party under this LGIA. In the event of termination by a Party, all the Parties shall use commercially Reasonable Efforts to mitigate the costs, damages and charges arising as a consequence of termination. Upon termination of this LGIA, unless otherwise ordered or approved by the Commission:.

Appears in 1 contract

Samples: Interconnection Agreement

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

Appears in 1 contract

Samples: Study Agreement

Termination Costs. If a Party elects to terminate this LGIA Agreement pursuant to Article 2.3 above, each Party shall pay all costs incurred (including any cancellation costs relating to orders or contracts for Interconnection Facilities and equipment) or charges assessed by the other Party(ies)Party, as of the date of such Party’s(ies’) the other Party's receipt of such notice of termination, that are the responsibility of such Party(ies) the Terminating Party under this LGIA. In the event of termination by a Party, all the Parties shall use commercially Reasonable Efforts to mitigate the costs, damages and charges arising as a consequence of termination. Upon termination of this LGIA, unless otherwise ordered or approved by the Commission:FERC: 12

Appears in 1 contract

Samples: Interconnection Agreement

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Termination Costs. If a Party elects to terminate this LGIA 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 Facilities, applicable upgrades, and related equipment) or charges assessed by the other Party(ies)Parties, as of the date of such Party’s(ies’) the other Parties' receipt of such notice of termination, that are the responsibility of such Party(ies) under this LGIA. In the event of termination by a Party, all the Parties shall use commercially Reasonable Efforts to mitigate the costs, damages and charges arising as a consequence of termination. Upon termination of this LGIA, unless otherwise ordered or approved by the CommissionFERC:

Appears in 1 contract

Samples: Asset Sale Agreement (CMS Energy Corp)

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

Appears in 1 contract

Samples: Large Generator Interconnection Agreement

Termination Costs. If a Party elects to terminate this LGIA 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 Facilities, applicable upgrades, and related equipment) or charges assessed by the other Party(ies), Parties as of the date of such Party’s(ies’) the other Parties’ receipt of such notice of termination, that are the responsibility of such Party(ies) termination under this LGIA. In the event of termination by a Party, all the Parties shall use commercially Reasonable Efforts to mitigate the costs, damages damages, and charges arising as a consequence of termination. Upon termination of this LGIA, unless otherwise ordered or approved by the CommissionFERC:

Appears in 1 contract

Samples: Large Generator Interconnection Agreement (ITC Holdings Corp.)

Termination Costs. If a Party elects to terminate this LGIA Agreement pursuant to Article 2.3 2.4 above, each Party shall pay all costs incurred (including any cancellation costs relating to orders or contracts for Interconnection Facilities and equipment) or charges assessed by the other Party(ies)Party, as of the date of such Party’s(ies’) the other Party’s receipt of such notice of termination, that are the responsibility of such Party(ies) the Terminating Party under this LGIA. In the event of termination by a Party, all the Parties shall use commercially Reasonable Efforts to mitigate the costs, damages and charges arising as a consequence of termination. Upon termination of this LGIA, unless otherwise ordered or approved by the Commission:

Appears in 1 contract

Samples: Large Generator Interconnection Agreement

Termination Costs. If a Party elects to terminate this LGIA 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 Facilities, applicable upgrades, and related equipment) or charges assessed by the other Party(ies)Parties, as of the date of such Party’s(ies’) the other Parties’ receipt of such notice of termination, that are the responsibility of such Party(ies) under this LGIA. In the event of termination by a Party, all the Parties shall use commercially Reasonable Efforts to mitigate the costs, damages and charges arising as a consequence of termination. Upon termination of this LGIA, unless otherwise ordered or approved by the CommissionFERC:

Appears in 1 contract

Samples: Large Generator Interconnection Agreement (ITC Holdings Corp.)

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