Transaction Term Sample Clauses
Transaction Term. If this Agreement has not otherwise terminated or expired prior to such date, this Agreement shall terminate as of the expiration of the Transaction Term, except as to any matters which are expressly intended to survive. Article III.
Transaction Term. This Sales Confirmation shall be effective on the Confirmation Effective Date and service shall commence at the Contract Price on the Utility Transfer Date immediately on or following the Start Date. Service shall remain in effect at the Contract Price through the Utility Transfer Date immediately on or following the End Date, but in no event later than the end of the Billing Cycle including such date. Customer’s options for service beyond the Utility Transfer Date immediately following the End Date include: i) executing an agreement with ENGIE for new terms and conditions of service, ii) transferring to another competitive supplier or iii) providing a written request to ENGIE to transfer Customer's accounts to the default service provider. In the event Customer does not exercise an option prior to the End Date, ENGIE may continue providing post-term service on a month-to-month Contract Price: Customer shall pay ENGIE the applicable Contract Price as specified in Attachment A, Exhibit 1 per kWh of electric energy consumed in a Billing Cycle. Taxes and Utility Related Charges: Taxes and Utility Related Charges are separately listed in the Customer bill and are not included in any other charge identified in this Sales Confirmation. Material Change in Monthly Anticipated Consumption: In the event Customer’s consumption of electricity at the Facilities/Accounts identified in Attachment A in a particular congestion zone increases or decreases in any month by twenty-five (25%) percent or more from the applicable Monthly Anticipated Consumption, ENGIE may invoke in any subsequent month (and if invoked, then for every month thereafter) a settlement of such usage outside the 25% threshold, through (i) a charge to Customer for usage in excess of 25% above the Monthly Anticipated Consumption at an amount equal to the product of the excess energy consumption and the positive difference, if any, between the Spot Energy Price and the Contract Price; provided, however, that if the Spot Energy Price is less than the Contract Price, ENGIE will credit Customer with the product of the excess energy consumption and the difference between the Contract Price and the Spot Energy Price, or (ii) a charge to Customer for consumption less than 25% below the applicable Monthly Anticipated Consumption, at an amount equal to product of the energy consumption shortage and the positive difference, if any, between the Contract Price and the Spot Energy Price; provided, however, if the Spo...
Transaction Term. The Transaction documentation specifies the start date of the Commercial Subscription and the associated initial term (the “Initial Term”). Unless otherwise stated in a Transaction, at the end of the Initial Term, the Subscription Term will automatically renew for the specified period (each a “Renewal Term”), subject to an annual fee increase not to exceed the greater of 5% or CPI-U per year, unless either Party notifies the other Party in writing of its intent not to renew the Transaction at least 30 days prior to the end of the then-current term.
Transaction Term. A Transaction must have a minimum term for annual water transfers of five (5) years.