Common use of Mandatory Termination Clause in Contracts

Mandatory Termination. This Agreement shall automatically terminate on the earlier of: (i) the date the Gas Vendor informs the Gas Distributor in writing that it no longer is operating as a gas vendor in the Gas Distributor’s franchise area; (ii) the date of revocation, cancellation, transfer or non-renewal of the Gas Vendor’s licence, if applicable, of which the Gas Vendor shall notify the Gas Distributor in writing, if the Gas Vendor’s customers are all low-volume consumers as defined in section 47 of the Act; or (iii) the date of revocation, cancellation, transfer or non-renewal of the Gas Distributor’s right to distribute gas in the subject franchise area, of which the Gas Distributor shall notify the Gas Vendor in writing.

Appears in 3 contracts

Sources: Service Agreement, Service Agreement, Service Agreement

Mandatory Termination. This Agreement shall automatically terminate on the earlier of: (ia) the date the Gas Vendor informs the Gas Distributor in writing that it no longer is operating as a gas vendor in the Gas Distributor’s franchise area; (iib) the date of revocation, cancellation, transfer or non-renewal non‐renewal of the Gas Vendor’s licence, if applicable, of which the Gas Vendor shall notify the Gas Distributor in writing, if the Gas Vendor’s customers are all low-volume low‐volume consumers as defined in section 47 of the Act; or (iiic) the date of revocation, cancellation, transfer or non-renewal non‐renewal of the Gas Distributor’s right to distribute gas in the subject franchise area, of which the Gas Distributor shall notify the Gas Vendor in writing.

Appears in 2 contracts

Sources: Service Agreement, Service Agreement

Mandatory Termination. This Agreement shall automatically terminate on the earlier of: (i) the date the Gas Vendor informs the Gas Distributor in writing that it no longer is operating as a gas vendor in the Gas Distributor’s franchise area; (ii) the date of revocation, cancellation, transfer or non-renewal of the Gas Vendor’s licence, if applicable, of which the Gas Vendor shall notify the Gas Distributor in writing, if the Gas Vendor’s customers are all low-volume consumers customersconsumers as defined in section 47 of the Act; or (iii) the date of revocation, cancellation, transfer or non-renewal of the Gas Distributor’s right to distribute gas in the subject franchise area, of which the Gas Distributor shall notify the Gas Vendor in writing.

Appears in 1 contract

Sources: Service Agreement

Mandatory Termination. This Agreement shall automatically terminate on the earlier ofearlierof: (i) the date the Gas Vendor informs the Gas Distributor in writing that it no longer is operating as a gas vendor in the Gas Distributor’s franchise area; (ii) the date of revocation, cancellation, transfer or non-renewal of the Gas Vendor’s licence, if applicable, of which the Gas Vendor shall notify the Gas Distributor in writing, if the Gas theGas Vendor’s customers are all low-volume consumers as defined in section 47 of the Act; or (iii) the date of revocation, cancellation, transfer or non-renewal of the Gas Distributor’s right to distribute gas in the subject franchise area, of which the Gas Distributor shall notify the Gas Vendor in writing.

Appears in 1 contract

Sources: Service Agreement