Sections 1, 2, 8 and 9 of this Agreement shall be effective upon execution of this Agreement by all of the Parties. Sections 3, 4, 5, 6 and 7 of this Agreement shall be effective contemporaneous with the Closing and the effectiveness of the CSA and...Underground Coal Sales Agreement Termination and Mutual Release Agreement • May 5th, 2020 • New Mexico
Contract Type FiledMay 5th, 2020 JurisdictionThis Agreement shall immediately terminate and have no force and effect in the event of a termination of the Stock Purchase Agreement pursuant to Section 8.1 thereof. In the event of a delay in Closing beyond December 31, 2015, the Parties agree to cooperate in good faith to: (a) revisit the invoicing provisions contained in Section 4 to ensure a smooth and fair final invoicing process; and (b) adjust the obligations of SJCC and the Utilities under the UG-CSA and this Agreement, as may be necessary and appropriate.