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

Termination of back to back agreements. In case of termination of NTPC-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, shall be borne by the Discom.

Appears in 1 contract

Samples: Power Sale Agreement

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Termination of back to back agreements. In case of termination of NTPC-SPD NTPC -SPD PPA, this Agreement shall automatically terminateterminate , 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 DiscomAP Discom(s).

Appears in 1 contract

Samples: Power Sale Agreement

Termination of back to back agreements. 13.6.1 In case of termination of NTPC-SPD PPA–Discom PSA, this Agreement shall automatically terminate, Provided that in case of such termination as identified in this Article any . 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, shall be borne by the Discom.

Appears in 1 contract

Samples: Power Purchase Agreement

Termination of back to back agreements. In case of termination of NTPCNVVN-SPD PPA, this Agreement shall automatically terminate, terminate but only to the extent of that particular NVVN-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, shall be borne by the Discom.

Appears in 1 contract

Samples: Standard Power Sale Agreement

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Termination of back to back agreements. In case of termination of NTPCNHPC-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 Discom.

Appears in 1 contract

Samples: Power Sale Agreement

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