Termination Notice for Force Majeure Event. If a Force Majeure Event subsists for a period of [180 (one hundred and eighty)] days or more within a continuous period of [365 (three hundred and sixty five)] days, either Party may in its discretion terminate this Agreement by issuing a Termination Notice to the other Party without being liable in any manner whatsoever, save as provided in this Article 29, and upon issue of such Termination Notice, this Agreement shall, notwithstanding anything to the contrary contained herein, stand terminated forthwith; provided that before issuing such Termination Notice, the Party intending to issue the Termination Notice shall inform the other Party of such intention and grant [15 (fifteen)] days time to make a representation, and may after the expiry of such [15 (fifteen)] days period, whether or not it is in receipt of such representation, in its sole discretion issue the Termination Notice.
Appears in 1 contract
Samples: Public Private Partnership Agreement
Termination Notice for Force Majeure Event. 17.5.1 If a Force Majeure Event subsists for a continuous period of [180 (one hundred and eighty)] days or more within a continuous period of [365 twenty (three hundred and sixty five)] 120) days, either Party may in its discretion terminate this Agreement by issuing a Termination Notice to the other Party without being liable in any manner whatsoever, save as provided in this Article 2917.5 (Termination Notice for Force Majeure) and Section 17.6 (Termination Payment for Force Majeure Event), and upon issue of such Termination Notice, this Agreement shall, notwithstanding anything to the contrary contained herein, stand terminated forthwith; provided that before issuing such Termination Notice, the Party intending to issue the Termination Notice shall inform the other Party of such intention and grant [15 fifteen (fifteen)] days 15) days’ time to make a representation, and may after the expiry of such [15 fifteen (fifteen)] 15) days period, whether or not it is in receipt of such representation, in its sole discretion issue the Termination Notice.
Appears in 1 contract
Samples: Concession Agreement
Termination Notice for Force Majeure Event. If a Force Majeure Event subsists for a period of [180 (one hundred and eighty)] days or more within than a continuous period of [365 90 (ninety) days or for a total/cumulative time period of more than 360 (three hundred and sixty five)] dayssixty) days during the Term, either Party may in its discretion terminate this Agreement by issuing a Termination Notice to the other Party without being liable in any manner whatsoever, save as provided in this Article 2923, and upon issue of such Termination Notice, this Agreement shall, notwithstanding anything to the contrary contained herein, stand terminated forthwith; provided that before issuing such Termination Notice, the Party intending to issue the Termination Notice shall inform the other Party of such intention and grant [15 (fifteen)] ) days time to make a representation, and may after the expiry of such [15 (fifteen)] ) days period, whether or not it is in receipt of such representation, in its sole discretion issue the Termination Notice.
Appears in 1 contract
Samples: Technical Services Agreement
Termination Notice for Force Majeure Event. If a Force Majeure Event subsists for more than a continuous period of [180 60 (sixty) days or for a total/cumulative time period of more than 120 (one hundred and eighty)] twenty) days or more within a continuous period of [365 (three hundred and sixty five)] daysduring the Term, either Party may in its discretion terminate this Agreement by issuing a Termination Notice to the other Party without being liable in any manner whatsoever, save as provided in this Article 2913, and upon issue of such Termination Notice, this Agreement shall, notwithstanding anything to the contrary contained herein, stand terminated forthwith; provided that before issuing such Termination Notice, the Party intending to issue the Termination Notice shall inform the other Party of such intention and grant [15 (fifteen)] days ) days’ time to make a representation, and may after the expiry of such [15 (fifteen)] ) days period, whether or not it is in receipt of such representation, in its sole discretion issue the Termination Notice.
Appears in 1 contract
Samples: Service Agreement
Termination Notice for Force Majeure Event. If a Force Majeure Event subsists for a period of [180 (one hundred and eighty)] days or more within a continuous period of [365 (three hundred and sixty five)] days, either Party may in its discretion terminate this Agreement by issuing a Termination Notice to the other Party without being liable in any manner whatsoever, save as provided in this Article 29Clause 36, and upon issue of such Termination Notice, this Agreement shall, notwithstanding anything to the contrary contained herein, stand terminated forthwith; provided that before issuing such Termination Notice, the Party intending to issue the Termination Notice shall inform the other Party of such intention and grant [15 (fifteen)] ) days time to make a representation, and may after the expiry of such [15 (fifteen)] ) days period, whether or not it is in receipt of such representation, in its sole discretion issue the Termination Notice.
Appears in 1 contract
Samples: Concession Agreement
Termination Notice for Force Majeure Event. If a Force Majeure Event subsists for a period of [180 (one hundred and eighty)] days or more within a continuous period of [365 (three hundred and sixty five)] days, either Party may in its discretion terminate this Agreement by issuing a Termination Notice to the other Party without being liable in any manner whatsoever, save as provided in this Article 29, and upon issue of such Termination Notice, this Agreement shall, notwithstanding anything to the contrary contained herein, stand terminated forthwith; provided that before issuing such Termination Notice, the Party intending to issue the Termination Notice shall inform the other Party of such intention and grant [15 30 (fifteenthirty)] days days' time to the other Party to make a representation, representation and may after the expiry of such [15 30 (fifteenthirty)] days day period, whether or not it is in receipt of such representation, in its sole discretion issue the Termination Notice.
Appears in 1 contract
Samples: Operation & Maintenance Agreement
Termination Notice for Force Majeure Event. If a Force Majeure Event subsists for a period of [180 (one hundred One Hundred and eighty)] Eighty) days or more within a continuous period of [365 (three hundred Three Hundred and sixty five)] Sixty Five) days, either Party may in its discretion terminate this Agreement by issuing a Termination Notice to the other Party without being liable in any manner whatsoever, save save, as provided in this Article 298, and upon issue of such Termination Notice, this Agreement shall, notwithstanding anything to the contrary contained herein, stand terminated forthwith; provided that before issuing such Termination Notice, the Party intending to issue the Termination Notice shall inform the other Party of such intention and grant [15 (fifteen)] ) days time to make a representation, and may after the expiry of such [15 (fifteen)] Fifteen) days period, whether or not it is in receipt of such representation, in its sole discretion issue the Termination Notice.
Appears in 1 contract
Samples: Concession Agreement
Termination Notice for Force Majeure Event. If a Force Majeure Event subsists for a period of [180 (one hundred and eighty)] days or more within than a continuous period of [365 90 (ninety) days or for a total/cumulative time period of more than 360 (three hundred and sixty five)] dayssixty) days during the Concession Period, either Party may in its discretion terminate this Agreement by issuing a Termination Notice to the other Party without being liable in any manner whatsoever, save as provided in this Article 2917, and upon issue of such Termination Notice, this Agreement shall, notwithstanding anything to the contrary contained herein, stand terminated forthwith; provided that before issuing such Termination Notice, the Party intending to issue the Termination Notice shall inform the other Party of such intention and grant [15 (fifteen)] ) days time to make a representation, and may after the expiry of such [15 (fifteen)] ) days period, whether or not it is in receipt of such representation, in its sole discretion issue the Termination Notice.
Appears in 1 contract
Samples: Concession Agreement