TERMINATION WITHOUT PRESCRIBED NOTICE Sample Clauses

TERMINATION WITHOUT PRESCRIBED NOTICE. (a) If Seller terminates this Agreement, or all or a part of the contract capacity thereof, without the notice prescribed in Section D-2, the provisions prescribed in Section D-2 will all apply. Additionally:
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TERMINATION WITHOUT PRESCRIBED NOTICE. 5.5.1 If Seller terminates this Agreement or reduces the Contract Capacity thereof, without the notice prescribed, the provisions in Section 5.4 will all apply. Additionally,
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TERMINATION WITHOUT PRESCRIBED NOTICE. Assumptions:
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TERMINATION WITHOUT PRESCRIBED NOTICE. If Seller terminates without prescribed notice, Seller will owe PGandE a refund [the calculation of which is described in Sections D-4(a)(1) and D-4(a) (2) of this example] and payment (G). This example demonstrates how the payment (G) is calculated. Assumptions: i. Term of agreement is 15 years; ii. Actual operation date is July 1, 1985; iii. Notice is given on January 1, 1990; and iv. Contract capacity is to be reduced by 10,000 kW on July 1, 1990; actual performance is from July 1, 1985 through July 1, 1990. The payment (G) is calculated as follows: (G) = CC x (T-CCP) x J-X G >= 0 12 Where: CC = The amount of contract capacity being terminated = 10,000 kW. T = the current firm capacity price $140/kW-yr is arbitrarily chosen for use in this example for a July 1, 1990 Operation Date and 10-year agreement term. CCP = the contract capacity price = $110/kW-yr. H = the actual number of months notice given = six months. J = the prescribed notice = twelve months. S.X. #0 Xxx 0, 0000 The sample calculation is: G = CC x (T - CCP) x (J-X) 12 G = 10,000 kW x ($140/kW-yr - $110/kW-yr) x (12 mos. - 6 mos.) 12 mos./yr G = $150,000 S.O. #2 May 7, 1984 APPENDIX E INTERCONNECTION CONTENTS Section Page E-2 POINT OF DELIVERY LOCATION SKETCH E-3 E-3 INTERCONNECTION FACILITIES FOR WHICH SELLER E-4 IS RESPONSIBLE S.O. #2 May 7, 1984
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Related to TERMINATION WITHOUT PRESCRIBED NOTICE

  • Termination Without Notice 23.1. The Company may also terminate the Appointment with immediate effect without notice and with no liability to make any further payment to the Employee (other than in respect of amounts accrued due at the date of termination) if the Employee:

  • Termination by the Executive Without Good Reason The Executive may terminate his employment on his own initiative for any reason upon 30 days’ prior written notice to the Company; provided, however, that during such notice period, the Executive shall reasonably cooperate with the Company (at no cost to the Executive) in minimizing the effects of such termination on the Company Group. Such termination shall have the same consequences as a termination for Cause under Section 6.2.

  • Termination Without Good Reason Executive shall have the right to terminate the Period of Employment and Executive’s employment hereunder at any time without Good Reason (as defined below) upon thirty (30) days prior written notice of such termination to the Company. Any such termination by the Executive without Good Reason shall be treated for all purposes of this Agreement as a termination by the Company for Cause and the provisions of Section 7(a) shall apply.

  • Termination Without Just Cause In the case of a termination of Executive’s employment hereunder Without Just Cause in accordance with Section 1.6.6, Executive shall be entitled to the following in lieu of any other compensation or benefits (under Section 1.4 of this Agreement or otherwise) from Employer:

  • Voluntary Termination by the Executive Without Good Reason If the Executive terminates employment without Good Reason, the Executive shall receive the Base Salary and expense reimbursement to which the Executive is entitled through the date on which termination becomes effective.

  • Termination with Notice Either the Contractor or the Company may terminate this Agreement by providing at least thirty (30) days prior written notice to the other party.

  • By the Executive Without Good Reason The Executive may terminate his employment without Good Reason at any time upon sixty (60) days’ notice to the Company. The Board may elect to waive such notice period or any portion thereof but, in such event, will pay to the Executive the Base Salary for the period so waived.

  • Termination by the Company Without Cause or by the Executive with Good Reason During the Term, if the Executive’s employment is terminated by the Company without Cause as provided in Section 3(d), or the Executive terminates his employment for Good Reason as provided in Section 3(e), then the Company shall pay the Executive his Accrued Benefit. In addition, subject to the Executive signing a separation agreement containing, among other provisions, a general release of claims in favor of the Company and related persons and entities, confidentiality, return of property and non-disparagement, in a form and manner satisfactory to the Company (the “Separation Agreement and Release”) and the Separation Agreement and Release becoming fully effective, all within the time frame set forth in the Separation Agreement and Release:

  • Termination without Cause or Resignation for Good Reason in Connection with a Change of Control If the Company or its Affiliates terminate Executive’s employment with the Company or its Affiliates, respectively, without Cause or Executive resigns from such employment for Good Reason within twelve (12) months following a Change of Control, and Executive signs and does not revoke a separation agreement and release of claims with the Company (in a form acceptable to the Company), then Executive will receive the following severance from the Company:

  • Cause or Voluntary Termination without Good Reason If Executive’s employment shall be terminated for Cause during the Employment Period, or if Executive voluntarily terminates employment during the Employment Period without Good Reason, this Agreement shall terminate without further obligations to Executive, other than for payment of Accrued Obligations (excluding the pro-rata bonus described in clause 2 of Section 6(a)(i)) and the timely payment or provision of Other Benefits.

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