Common use of Exit Clause in Contracts

Exit. 2.2.1 A Party who ceases to be a Relevant Gas Transporter shall, with effect from that date, cease to be a Party without prejudice to the rights and obligations of it and each of the other Parties accrued up to that date, which shall continue to be enforceable.

Appears in 6 contracts

Sources: Joint Governance Arrangements Agreement, Joint Governance Arrangements Agreement, Joint Governance Arrangements Agreement