Early Termination Event. If any event of Force Majeure prevents the sale and delivery or the purchase and receipt of at least 6,000,000 SCF of Product over any twelve (12) consecutive month period, the non-claiming Party shall have the right to terminate this Agreement by providing Notice to the Party claiming Force Majeure and such termination shall have immediate effect. If any amount of the Advance remains outstanding and unpaid at such time, the Seller shall repay the Advance in full, together with all accrued and unpaid interest thereon, within five (5) days of the Agreement being terminated.
Appears in 2 contracts
Sources: Contract for Sale and Purchase of Liquid Helium (Roth CH v Holdings, Inc.), Contract for Sale and Purchase of Liquid Helium (Roth CH v Holdings, Inc.)