Defaults; Termination. The Provider will not have the right to optionally terminate the Agreement. Generally, given that the Recipient’s performance under the Agreement will largely be controlled by the Provider, provisions will be included in the Agreement to prevent a termination which results from the Provider failing to cause the Recipient to perform or for events (other than payment defaults) which do not materially and adversely impact the Provider’s ability to provide the Services.
Appears in 2 contracts
Sources: Interim Sponsors Agreement (Dynegy Inc.), Interim Sponsors Agreement (Dynegy Inc.)