Termination in Event of Default. Notwithstanding the provisions of Clause 2 16.2. 1 In the event that the Level of Delivery (LD) falls below thirty percent (30%) or the Level of Lifting (LL) falls below thirty percent (30%), the Purchaser or the Seller as the case may be, shall have the right to terminate this Agreement, after providing the other Party with prior written notice of not less than thirty (30) days However, such notice is to be issued within sixty (60) days of the end of the relevant Year.
Appears in 4 contracts
Samples: Modified Model Fuel Supply Agreement, Fuel Supply Agreement, Fuel Supply Agreement
