Common use of Termination for Nonpayment and Procedures for Disconnection Clause in Contracts

Termination for Nonpayment and Procedures for Disconnection. 27.14.1 Either Party may terminate this Agreement in the event of a Party's refusal or failure to pay all or any portion of any amount required to be paid to the other Party as and when due; provided, however, that the Party allegedly due payment: (1) notifies the other Party in writing of the amounts due pursuant to the notice provisions of this Agreement, (2) uses any dispute resolution process permitted under Section 28.3, (3) obtains a favorable final, nonappealable and nonreviewable ruling in that process, and (4) does not receive payment within thirty (30) calendar days of the date on which such ruling becomes nonappealable and nonreviewable.

Appears in 7 contracts

Samples: Interconnection Agreement And, Interconnection Agreement, Interconnection Agreement

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