Common use of Term of Contract and Termination Clause in Contracts

Term of Contract and Termination. 1. This Contract is concluded and takes effect at 06:00 hours on 02 April 201_, and shall be effective until 06:00 hours on 02 April 201_ . 2. This Contract Agreement shall automatically terminate upon: (i) the suspension or cessation of the Contracted RRM’s status as RRM; (ii) the termination of the contract on the provision of fundamental data reporting service between MFGT and the Contracted RRM. MFGT shall inform the System User as soon as reasonably practicable in case of events set out in this Section VI.2. 3. Either party may terminate this Contract with ordinary termination at any time without justification by giving written notice of at least thirty days to the other party. The notice letter shall specify the duration of the notice period and the termination date. 4. Upon the termination of this Contract for any reason: • MFGT will stop providing the Reporting Services; In case of Contract termination, MFGT shall do its utmost so that the information transferred to and received from ACER are kept by the Contracted RRM a for a period of twelve months after termination in accordance with the RRM Requirements. This information will be accessible to the System User through MFGT during that period. After that period, System User may request MFGT to arrange the deletion of all data related to the System User from the Contracted RRM IT system. MFGT shall not assume any responsibility for the obligations of the RRM referred to in this section. 5. Termination shall not affect the rights or obligations accrued at the time of termination. Any provision of this Contract which are binding the parties even after termination shall remain effective until such rights or obligations have been satisfied or released.

Term of Contract and Termination. 1. This Contract is concluded and takes effect shall be effective as of 1st April 20 at 06:00 hours on 02 until 1st April 201_, and shall be effective until 20 at 06:00 hours on 02 April 201_ hours. 2. This Contract Agreement shall automatically terminate upon: (i) the suspension or cessation of the Contracted RRM’s status as RRM; (ii) the termination of the contract on the provision of fundamental data reporting service between MFGT and the Contracted RRM. MFGT shall inform the System User as soon as reasonably practicable in case of events set out in this Section VI.2. 3. Either party may terminate this Contract with ordinary termination at any time without justification by giving written notice of at least thirty days to the other party. The notice letter shall specify the duration of the notice period and the termination date. 4. Upon the termination of this Contract for any reason: • MFGT will stop providing the Reporting Services; In case of Contract termination, MFGT shall do its utmost so that the information transferred to and received from ACER are kept by the Contracted RRM a for a period of twelve months after termination in accordance with the RRM Requirements. This information will be accessible to the System User through MFGT during that period. After that period, System User may request MFGT to arrange the deletion of all data related to the System User from the Contracted RRM IT system. MFGT shall not assume any responsibility for the obligations of the RRM referred to in this sectionsection in the way and to the extent set forth in Section VIII.4. 5. Termination shall not affect the rights or obligations accrued at the time of termination. Any provision of this Contract which are binding the parties even after termination shall remain effective until such rights or obligations have been satisfied or released.

Term of Contract and Termination. 1. This Contract is concluded and takes effect shall be effective as of . .20 at 06:00 hours on 02 April 201_, and shall be effective until . .20 at 06:00 hours on 02 April 201_ hours. 2. This Contract Agreement shall automatically terminate upon: (i) the suspension or cessation of the Contracted RRM’s status as RRM; (ii) the termination of the contract on the provision of fundamental data reporting service between MFGT and the Contracted RRM. MFGT shall inform the System User as soon as reasonably practicable in case of events set out in this Section VI.2. 3. Either party may terminate this Contract with ordinary termination at any time without justification by giving written notice of at least thirty days to the other party. The notice letter In the event of termination, the Contract shall specify cease at the duration end of the notice period and last gas day of the termination datemonth following the communication of the termination. 4. Upon the termination of this Contract for any reason: • MFGT will stop providing the Reporting Services; In case of Contract termination, MFGT shall do its utmost so that the information transferred to and received from ACER are kept by the Contracted RRM a for a period of twelve months after termination in accordance with the RRM Requirements. This information will be accessible to the System User through MFGT during that period. After that period, System User may request MFGT to arrange the deletion of all data related to the System User from the Contracted RRM IT system. MFGT shall not assume any responsibility for the obligations of the RRM referred to in this sectionsection in the way and to the extent set forth in Section VIII.4. 5. Termination shall not affect the rights or obligations accrued at the time of termination. Any provision of this Contract which are binding the parties even after termination shall remain effective until such rights or obligations have been satisfied or released.

Term of Contract and Termination. 1. This Contract is concluded and takes effect shall be effective as of 1st 201_ at 06:00 hours on 02 April 201_, and shall be effective until 06:00 hours on 02 April 1st 201_ at 06:00 hours. 2. This Contract Agreement shall automatically terminate upon: (i) the suspension or cessation of the Contracted RRM’s status as RRM; (ii) the termination of the contract on the provision of fundamental data reporting service between MFGT and the Contracted RRM. MFGT shall inform the System User as soon as reasonably practicable in case of events set out in this Section VI.2. 3. Either party may terminate this Contract with ordinary termination at any time without justification by giving written notice of at least thirty days to the other party. The notice letter shall specify the duration of the notice period and the termination date. 4. Upon the termination of this Contract for any reason: • MFGT will stop providing the Reporting Services; In case of Contract termination, MFGT shall do its utmost so that the information transferred to and received from ACER are kept by the Contracted RRM a for a period of twelve months after termination in accordance with the RRM Requirements. This information will be accessible to the System User through MFGT during that period. After that period, System User may request MFGT to arrange the deletion of all data related to the System User from the Contracted RRM IT system. MFGT shall not assume any responsibility for the obligations of the RRM referred to in this sectionsection in the way and to the extent set forth in Section VIII.4. 5. Termination shall not affect the rights or obligations accrued at the time of termination. Any provision of this Contract which are binding the parties even after termination shall remain effective until such rights or obligations have been satisfied or released.