Common use of Termination of back to back agreements Clause in Contracts

Termination of back to back agreements. In case of termination of SECI-SPD PPA, this Agreement shall automatically terminate, Provided that in case of such termination as identified in this Article any pending monetary liabilities of either Party shall survive on the termination of this Agreement. In the event of termination of PPA/PSA, any damages or charges payable to the STU/ CTU, for the connectivity of the plant, shall be borne by the Buying Entity.

Appears in 7 contracts

Samples: Power Sale Agreement, Power Sale Agreement, Power Sale Agreement

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Termination of back to back agreements. In case of termination of SECI-SPD PPA, this Agreement shall automatically terminate, terminate to the extent of relevant SECI-SPD PPA(s). Provided that in case of such termination as identified in this Article any pending monetary liabilities of either Party shall survive on the termination of this Agreement. In the event of termination of PPA/PSA, any damages or charges payable to the STU/ CTU, for the connectivity of the plant, shall be borne by the Buying Entityentity due to whose failure, the termination was triggered.

Appears in 4 contracts

Samples: Power Sale Agreement, Power Sale Agreement, Power Sale Agreement

Termination of back to back agreements. In case of termination of SECI-SECI- SPD PPA, this Agreement shall automatically terminate, be of reduced capacity but only to the extent of that particular SECI-SPD PPA capacity. Provided that in case of such termination as identified in this Article termination, any pending monetary liabilities of either Party shall survive on the termination of this Agreement. In the event of termination of PPA/PSAPSA due to default of Buying Utility, any damages or charges payable to the STU/ CTU, for the connectivity of the plant, shall be borne by the Buying EntityUtility.

Appears in 3 contracts

Samples: Power Sale Agreement, Power Sale Agreement, Power Sale Agreement

Termination of back to back agreements. In case of termination of SECINTPC-SPD PPA, this Agreement shall automatically terminate, Provided that in case of such termination as identified in this Article any pending monetary liabilities of either Party shall survive on the termination of this Agreement. In the event of termination of PPA/PSA, any damages or charges payable to the STU/ CTU, for the connectivity of the plant, shall be borne by the Buying EntityDiscom.

Appears in 3 contracts

Samples: Power Sale Agreement, Power Sale Agreement, Power Sale Agreement

Termination of back to back agreements. In case of termination of SECI-SPD HPD PPA, this Agreement shall automatically terminate, Provided that in case of such termination as identified in this Article any pending monetary liabilities of either Party shall survive on the termination of this Agreement. In the event of termination of PPA/PSA, any damages or charges payable to the STU/ CTU, for the connectivity of the plant, shall be borne by the Buying Entity.

Appears in 2 contracts

Samples: Power Sale Agreement, Power Sale Agreement

Termination of back to back agreements. In case of termination of SECI-SPD WPD PPA, this Agreement shall automatically terminate, Provided that in case of such termination as identified in this Article any pending monetary liabilities of either Party shall survive on the termination of this Agreement. In the event of termination of PPA/PSA, any damages or charges payable to the STU/ CTU, for the connectivity of the plant, shall be borne by the Buying Entityentity due to whose failure, the termination was triggered.

Appears in 2 contracts

Samples: Power Sale Agreement, Power Sale Agreement

Termination of back to back agreements. In case of termination of SECI-SPD WPD PPA, this Agreement shall automatically terminate, terminate to the extent of relevant SECI-WPD PPA(s) Provided that in case of such termination as identified in this Article any pending monetary liabilities of either Party shall survive on the termination of this Agreement. In the event of termination of PPA/PSA, any damages or charges payable to the STU/ CTU, for the connectivity of the plant, shall be borne by the Buying Entityentity due to whose failure, the termination was triggered.

Appears in 2 contracts

Samples: Power Sale Agreement, Power Sale Agreement

Termination of back to back agreements. In case of termination of SECI-SPD RPD PPA, this Agreement shall automatically terminate, to the extent of particular SECI-RPD PPA. Provided that in case of such termination as identified in this Article any pending monetary liabilities of either Party shall survive on the termination of this Agreement. In the event of termination of PPA/PSA, any damages or charges payable to the STU/ CTU, for the connectivity of the plant, shall be borne by the Buying Entityentity due to whose failure the termination was triggered.

Appears in 2 contracts

Samples: Power Sale Agreement, Power Sale Agreement

Termination of back to back agreements. In case of termination of SECI-SPD PPA, this Agreement shall automatically terminate, terminate but only to the extent of that particular SECI-SPD PPA. Provided that in case of such termination as identified in this Article termination, any pending monetary liabilities of either Party shall survive on the termination of this Agreement. In the event of termination of PPA/PSA, any damages or charges payable to the STU/ CTU, for the connectivity of the plant, shall be borne by the Buying Entity.

Appears in 2 contracts

Samples: Standard Power Sale Agreement, Standard Power Sale Agreement

Termination of back to back agreements. In case of termination of SECI-SPD PPA, this Agreement shall automatically terminate, terminate to the extent of relevant SECI-SPD PPA(s) Provided that in case of such termination as identified in this Article any pending monetary liabilities of either Party shall survive on the termination of this Agreement. In the event of termination of PPA/PSA, any damages or charges payable to the STU/ STU/CTU, for the connectivity of the plant, shall be borne by the Buying Entityentity due to whose failure, the termination was triggered.

Appears in 1 contract

Samples: Power Sale Agreement

Termination of back to back agreements. In case of termination of SECI-SPD HPD PPA, this Agreement shall automatically terminate, terminate to the extent of relevant SECI-HPD PPA(s). Provided that in case of such termination as identified in this Article any pending monetary liabilities of either Party shall survive on the termination of this Agreement. In the event of termination of PPA/PSA, any damages or charges payable to the STU/ CTU, for the connectivity of the plant, shall be borne by the Buying Entityentity due to whose failure, the termination was triggered.

Appears in 1 contract

Samples: Power Sale Agreement

Termination of back to back agreements. In case of termination of SECI-SPD WPD PPA, this Agreement shall automatically terminate, Provided that in case of such termination as identified in this Article any pending monetary liabilities of either Party shall survive on the termination of this Agreement. In the event of termination of PPA/PSA, any damages or charges payable to the STU/ CTU, for the connectivity of the plant, shall be borne by the Buying Entity.

Appears in 1 contract

Samples: Power Sale Agreement

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Termination of back to back agreements. In case of termination of SECI-SPD HPD PPA, this Agreement shall automatically terminate, Provided provided that in case of such termination as identified in this Article any pending monetary liabilities of either Party shall survive on the termination of this Agreement. In the event of termination of PPA/PSA, any damages or charges payable to the STU/ CTU, for the connectivity of the plant, shall be borne by the Buying Entity.

Appears in 1 contract

Samples: Power Sale Agreement

Termination of back to back agreements. In case of termination of SECI-SPD PPA, this Agreement shall automatically terminate, Provided that in case of such termination as identified in this Article any pending monetary liabilities of either Party shall survive on the termination of this Agreement. In the event of termination of PPA/PSA, any damages or charges payable to the STU/ CTU, for the connectivity of the plant, shall be borne by the Buying Entity.

Appears in 1 contract

Samples: Power Sale Agreement

Termination of back to back agreements. In case of termination of SECI-SPD RPD PPA, this Agreement shall automatically terminate, to the extent of particular SECI-RPD PPA. Provided that in case of such termination as identified in this Article any pending monetary liabilities of either Party shall survive on the termination of this Agreement. In the event of termination of PPA/PSAPSA on account of Event of Default by the Buying Entity, any damages or charges payable to the STU/ CTU, for the connectivity of the plant, shall be borne by the Buying Entity.

Appears in 1 contract

Samples: Power Sale Agreement

Termination of back to back agreements. In case of termination of SECI-SPD PPA, this Agreement shall automatically terminate, Provided that in case of such termination as identified in this Article any pending monetary liabilities of either Party shall survive on the termination of this Agreement. In the event of termination of PPA/PSA, any damages or charges payable to the STU/ STU/CTU, for the connectivity of the plant, shall be borne by the Buying Entityentity due to whose failure, the termination was triggered.

Appears in 1 contract

Samples: Power Sale Agreement

Termination of back to back agreements. In case of termination of SECI-SPD RPD PPA, this Agreement shall automatically terminate, Provided that in case of such termination as identified in this Article any pending monetary liabilities of either Party shall survive on the termination of this Agreement. In the event of termination of PPA/PSA, any damages or charges payable to the STU/ CTU, for the connectivity of the plant, shall be borne by the Buying Entity.

Appears in 1 contract

Samples: Power Sale Agreement

Termination of back to back agreements. In case of termination of SECI-SPD WPD PPA, this Agreement shall automatically terminate, Provided that in case of such termination as identified in this Article any pending monetary liabilities of either Party shall survive on the termination of this Agreement. In the event of termination of PPA/PSA, any damages or charges payable to the STU/ CTU, for the connectivity of the plant, shall be borne by the Buying Entity.

Appears in 1 contract

Samples: Power Sale Agreement

Termination of back to back agreements. In case of termination of SECI-SPD RPD PPA, this Agreement shall automatically terminate, to the extent of particular SECI-RPD PPA. Provided that in case of such termination as identified in this Article any pending monetary liabilities of either Party shall survive on the termination of this Agreement. In the event of termination of PPA/PSA, any damages or charges payable to the STU/ CTU, for the connectivity of the plant, shall be borne by the Buying Entity.

Appears in 1 contract

Samples: Power Sale Agreement

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