Common use of Termination, Etc Clause in Contracts

Termination, Etc. Notwithstanding anything to the contrary herein, this Agreement (including Section 6 (Indemnification) hereof) may be terminated and abandoned at any time prior to the Distribution Date by and in the sole discretion of Duke Energy without the approval of Spectra Energy or the stockholders of Duke Energy. In the event of such termination, no Party shall have any liability to any other Party or any other Person. After the Distribution Date, this Agreement may not be terminated except by an agreement in writing signed by each of the Parties.

Termination, Etc. Notwithstanding anything to the contrary herein, this This Agreement (including Section 6 Article X hereof (Indemnification) hereof) may be terminated and abandoned at any time prior to the Distribution Date by and in the sole discretion of Duke Energy without the approval of Spectra Energy or the stockholders of Duke EnergyEnergy and it shall be deemed terminated if and when the Separation Agreement is terminated. In the event of such termination, no Party shall have any liability of any kind to any other Party or any other Person. After the Distribution Date, this Agreement may not be terminated except by an agreement in writing signed by each of the Parties.

Termination, Etc. Notwithstanding anything to the contrary herein, this Agreement (including Section 6 ARTICLE VII (Indemnification) hereof) may be terminated and abandoned at any time prior to the Distribution Date Effective Time by and in the sole discretion of Duke Energy without the approval of Spectra Energy or the stockholders of Duke Energy. In the event of such termination, no Party shall have any liability Liability to any other Party or any other Person. After the Distribution DateEffective Time, this Agreement may not be terminated except by an agreement in writing signed by each of the Parties.

Termination, Etc. Notwithstanding anything to the contrary herein, this Agreement (including Section 6 ARTICLE VII (Indemnification) hereof) may be terminated and abandoned at any time prior to the Distribution Date Effective Time by and in the sole discretion of Duke Energy without the approval of Spectra Energy GasCo or the stockholders of Duke Energy. In the event of such termination, no Party shall have any liability Liability to any other Party or any other Person. After the Distribution DateEffective Time, this Agreement may not be terminated except by an agreement in writing signed by each of the Parties.

Termination, Etc. Notwithstanding anything to the contrary herein, this This Agreement (including Section 6 Article X hereof (Indemnification) hereof) may be terminated and abandoned at any time prior to the Distribution Date by and in the sole discretion of Duke Energy without the approval of Spectra Energy GasCo or the stockholders of Duke EnergyEnergy and it shall be deemed terminated if and when the Separation Agreement is terminated. In the event of such termination, no Party shall have any liability of any kind to any other Party or any other Person. After the Distribution Date, this Agreement may not be terminated except by an agreement in writing signed by each of the Parties.

Termination, Etc. Notwithstanding anything to the contrary herein, this Agreement (including Section 6 (Indemnification) hereof) may be terminated and abandoned at any time prior to the Distribution Date by and in the sole discretion of Duke Energy without the approval of Spectra Energy GasCo or the stockholders of Duke Energy. In the event of such termination, no Party shall have any liability to any other Party or any other Person. After the Distribution Date, this Agreement may not be terminated except by an agreement in writing signed by each of the Parties.