Common use of Termination for Material Reason Clause in Contracts

Termination for Material Reason. (a) Subject to the provisions of a Direct Agreement (if any), if a Material Reason (as defined in § 18.5 (Definition of Material Reason)) with respect to a Party has occurred and is continuing, the other Party (the "Terminating Party") may terminate this Agreement ("Early Termination") by giving the other Party notice. A notice of Early Termination may be given by telephone, provided that that notice is confirmed in writing within two (2) Business Days.

Appears in 6 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

AutoNDA by SimpleDocs

Termination for Material Reason. (a) Subject to the provisions of a Direct Agreement (if any), if If a Material Reason (as defined in § 18.5 (Definition of Material Reason)) with respect to a Party has occurred and is continuing, the other Party (the "Terminating Party") may terminate this the Agreement ("Early Termination") by giving the other Party notice. A notice of Early Termination may be given by telephone, provided that telephone if that notice is confirmed in writing within two (2) Business Days.

Appears in 4 contracts

Samples: www.efet.org, www.efet.org, www.efet.org

Termination for Material Reason. (a) Subject to the provisions of a Direct Agreement (if any), if If a Material Reason (as defined in § 18.5 (Definition of Material Reason)below) with respect to a Party has occurred and is continuing, the other Party (the "Terminating Party") may terminate this the Agreement ("Early Termination") by giving the other Party notice. A notice of Early Termination may be given by telephone, provided that telephone if that notice is confirmed in writing within two (2) Business Days.

Appears in 3 contracts

Samples: Hydro Power And, www.efet.org, recs.org

Termination for Material Reason. (a) Subject to the provisions of a Direct Agreement (if any), if If a Material Reason (as defined in § 18.5 (Definition of Material Reason)below) with respect to a Party has occurred and is continuing, the other Party (the "Terminating Party") may terminate this the Agreement ("Early Termination") by giving the other Party notice. A notice of Early Termination may be given by telephone, provided that telephone if that notice is confirmed in writing within two (2) Business Days.

Appears in 3 contracts

Samples: General Agreement, General Agreement, General Agreement

Termination for Material Reason. (a) Subject to the provisions of a Direct Agreement (if any), if a Material Reason (as defined in § 18.5 (Definition of Material Reason)) with respect to a Party has occurred and is continuing, the other Party (the "Terminating Party") may terminate this Agreement ("Early Termination") by giving the other Party notice. A notice of Early Termination may be given by telephone, provided that that notice is confirmed in writing within two (2) Business Days. 3.

Appears in 2 contracts

Samples: cms.energytraderseurope.org, efet.org

AutoNDA by SimpleDocs

Termination for Material Reason. (a) Subject to the provisions of a Direct Agreement (if any), if a Material Reason (as defined in § 18.5 (Definition of Material Reason)) with respect to a Party has occurred and is continuing, the other Party (the "Terminating Party") may terminate this Agreement ("Early Termination") by giving the other Party notice. A notice of Early Termination may be given by telephone, provided that that notice is confirmed in writing within two (2) Business Days.Days.‌

Appears in 2 contracts

Samples: Subject of Agreement, Subject of Agreement

Termination for Material Reason. (a) Subject to the provisions of a Direct Agreement (if any), if If a Material Reason (as defined in § 18.5 (Definition of Material Reason)below) with respect to a Party has occurred and is continuing, the other Party (the "Terminating Party") may terminate this Agreement ("Early Termination") by giving the other Party notice. A notice of Early Termination may be given by telephone, provided that that notice is confirmed in writing within two (2) Business Days.

Appears in 1 contract

Samples: r-aces.eu

Termination for Material Reason. (a) Subject to the provisions of a Direct Agreement (if any), if If a Material Reason (as defined in § 18.5 (Definition of Material Reason)below) with respect to a Party has occurred and is continuing, the other Party (the "Terminating Party") may terminate this the Agreement ("Early Termination") by giving the other Party notice. A notice of Early Termination may be given by telephone, provided that telephone if that notice is confirmed in writing within two (2) Business Days.

Appears in 1 contract

Samples: General Agreement

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