Termination for Failure to Achieve Commercial Operation Sample Clauses

Termination for Failure to Achieve Commercial Operation. If the Facility has not achieved Commercial Operation within ninety (90) days after the Guaranteed Commercial Operation Date, as it may be extended as provided herein, Buyer may elect to terminate this Agreement in accordance with Sections 11.1(b)(ii) and 11.2.
Sample 1Sample 2Sample 3See All (19)
AutoNDA by SimpleDocs
Termination for Failure to Achieve Commercial Operation. If the Facility has not achieved Commercial Operation by the Guaranteed Commercial Operation Date (as extended pursuant to the terms of this Exhibit B), Buyer may elect to terminate this Agreement in accordance with Sections 11.1(b)(ii) and 11.2;
Sample 1
Termination for Failure to Achieve Commercial Operation. If the Facility has not achieved Construction Start on or before one-hundred eighty (180) days after Guaranteed Construction Start Date or Commercial Operation on or before one hundred eighty (180) days after the Guaranteed Commercial Operation Date (as each may be extended by a Developer Cure Period), Buyer or Seller may elect to terminate this Agreement in accordance with Sections 2.6, 11.1(b)(i), 11.1(b)(ii) and 11.2, as applicable.
Sample 1
Termination for Failure to Achieve Commercial Operation. Philxxxx xxxll have the right to terminate this Agreement upon ten (10) days written notice of the Partnership in the event the Commercial Operation Date has not occurred on or before July 12, 2000, unless the Commercial Operation Date does not occur on such date due to Philxxxx xxxng in an Event of Default or as a result of a Force Majeure Event, in which case the termination date for such failure to achieve the Commercial Operation Date shall be extended by one day for each day of such Event of Default or such Force Majeure Event, as the case may be, but shall not be extended for more than three hundred sixty-five (365) days due solely to Force Majeure Events.
Sample 1
Termination for Failure to Achieve Commercial Operation. This agreement shall terminate without further action by either party on the day that is three-hundred and sixty-five (365) days after the date of this agreement if the Commercial Operation Date has not occurred prior to such day. Neither party shall be liable to the other party for damages with respect to any termination occurring under this Section 2.2.1.
Sample 1

Related to Termination for Failure to Achieve Commercial Operation

  • Termination for Force Majeure In the event of a force majeure that lasts longer than thirty (30) days from the date that a Party claiming relief due to the force majeure event gives notice to the other Party, the Party not claiming relief under the force majeure event may terminate this Agreement upon written notice to the other Party. For the avoidance of doubt, the COVID-19 pandemic does not constitute a force majeure event.

  • Termination for Default 7.2.1 County may terminate the whole or any part of this Agreement for cause in the following circumstances:

  • Root Cause Analysis Upon Vendor's failure to provide the Services in accordance with the applicable Service Levels (for any reason other than a Force Majeure Event) Vendor will promptly (a) perform a root-cause analysis to identify the cause of such failure, (b) provide Prudential with a report detailing the cause of, and procedure for correcting, such failure, (c) obtain Prudential's written approval of the proposed procedure for correcting such failure, (d) correct such failure in accordance with the approved procedure, (e) provide weekly (or more frequent, if appropriate) reports on the status of the correction efforts, and (f) provide Prudential with assurances satisfactory to Prudential that such failure has been corrected and will not recur.

  • Termination for Material Breach A party may terminate this Agreement immediately upon notice to the other parties if any of the other parties materially breaches this Agreement, and if capable of cure, does not cure the breach within 10 days after receiving notice specifying the breach. If the material breach affects only certain Services, the non-breaching party that served the notice may choose to terminate only the affected Services.

  • Service Level In the event that League InfoSight discovers or is notified by you of the existence of Non-Scheduled Downtime, we will use commercially reasonable efforts to determine the source of the problem and attempt to resolve it as quickly as possible.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!