Termination due to Force Majeure. 13.5.1 If the Force Majeure Event or its effects continue to be present beyond the period as specified in Article 4.5.3, either Party shall have the right to cause termination of the Agreement. In such an event, this Agreement shall terminate on the date of such Termination Notice.
Termination due to Force Majeure. If the event of Force Majeure or its effects continue to be present beyond a period as specified in Article 12.4.2, either Party shall have the right to cause termination of the PPA. In such an event this PPA shall terminate on the date of such termination notice without any further liability to either Party from the date of such termination.
Termination due to Force Majeure. 13.4.1 In case the Parties could not reach an agreement pursuant to Articles 3.3.4 and 4.4.2 of this Agreement and the Force Majeure Event or its effects continue to be present, the Nodal Agency shall have the right to cause termination of the Agreement. In case of such termination, the Contract Performance Guarantee shall be returned to the TSP as per the provisions of Article 6.5.1.
Termination due to Force Majeure. If the Force Majeure Event or its effects continue to be present beyond the period as specified in Article 4.5.3, termination of this Agreement shall be caused solely at the discretion of SECI. In such an event, this Agreement shall terminate on the date of such Termination Notice as issued by SECI without any further liability to either Party from the date of such termination.
Termination due to Force Majeure. Either Party may terminate this Agreement with immediate effect by written notice to the other Party if that other Party is the subject of a Force Majeure event for a continuous period exceeding 90 days.
Termination due to Force Majeure. 9.4.1 If the Force Majeure Event or its effects continue to be present beyond a period of twelve
Termination due to Force Majeure. If the Force Majeure Party advises in any Force Majeure Notice that it reasonably believes in good faith that the Force Majeure Period shall continue for more than twelve (12) consecutive months beyond the second (2nd) anniversary of the Commencement Date, then at any time after the delivery of such Force Majeure Notice, either Party may deliver to the other Party a notice of termination (a “Termination Notice”), which Termination Notice shall become effective not earlier than twelve (12) months after the later to occur of (a) delivery of the Termination Notice and (b) the second (2nd) anniversary of the Commencement Date; provided, however, that such Termination Notice shall be deemed cancelled and of no effect if the Force Majeure Period ends before the Termination Notice becomes effective, and, upon the cancellation of any Termination Notice, the Parties’ respective obligations hereunder shall resume as soon as reasonably practicable thereafter, and the Term shall be extended by the same period of time as is required for the Parties to resume such obligations. After the second (2nd) anniversary of the Commencement Date and following delivery of a Termination Notice, the Operator may terminate this Agreement, to the extent affected by the Force Majeure event, upon sixty (60) days prior written notice to the Company in order to enter into an agreement to provide any third party the services provided to the Company under this Agreement; provided, however, that the Operator shall not have the right to terminate this Agreement for so long as the Company continues to make Shortfall Payments.
Termination due to Force Majeure. 13.5.1 In case the Parties could not reach an agreement pursuant to Article 4.4.2 of this Agreement and the Force Majeure Event or its effects continue to be present, either Party shall have the right to cause termination of the Agreement. The Long Term Transmission Customers shall also have the right to cause termination of the Agreement and to approach the Appropriate Commission to seek further directions in this regard. In such an event, subject to the terms and conditions of the Financing Agreements, this Agreement shall terminate on the date of such Termination Notice. In case of such termination, the Contract Performance Guarantee shall be returned to the TSP as per the provisions of Article 6.5.2.
Termination due to Force Majeure. In the event of any termination by mutual consent of Parties pursuant to Clause 27.1.4 (Termination due to Force Majeure), the compensation payable to the Concessionaire shall be the lower of the Book Value or the Debt Due LESS any amount due to the Maha-Metro by the Concessionaire under this Agreement LESS all insurance claims received or admitted. For purpose of Termination the term Equity shall mean :-
Termination due to Force Majeure. 13.4.1 In case the Parties could not reach an agreement pursuant to Articles 3.3.4 and
