Common use of Term of Contract and Termination Clause in Contracts

Term of Contract and Termination. The initial term of this Agreement will be one (1) year from the commencement of Customer participation, as defined above. This Agreement shall be renewed for up to two additional one-year terms subject to the right of either Party to provide notice of termination 60-days prior to the expiration of the initial or any subsequent term. If the ARC fails to comply with the provisions of the Curtailment Amount under Rider 681, the Company and the ARC will discuss methods to comply during future events. If the Midwest ISO terminates the ARC’s participation, the Company shall immediately terminate the ARC's participation. If there are system reliability issues created by the ARC’s failure to perform the Company reserves the right to suspend participation of the ARC under this Rider for 90 days or to terminate the ARC’s participation. The ARC has the right to ask the Commission to review any decision made by the Company.

Term of Contract and Termination. The initial term of this Agreement will be one (1) year Contract Year from the commencement of Customer participation, as defined above. This Agreement shall be renewed for up to two (2) additional one-year one Contract Year terms subject to the right of either Party to provide notice of termination sixty (60-) days prior to the expiration of the initial or any subsequent term. If the ARC fails to comply with the provisions of the Curtailment Amount under Rider 681682, the Company and the ARC will discuss methods to comply during future events. If the Midwest ISO MISO terminates the ARC’s participation, the Company shall immediately terminate the ARC's participation. If there are system reliability issues created by the ARC’s failure to perform the Company reserves the right to suspend participation of the ARC under this Rider for 90 ninety (90) days or to terminate the ARC’s participation. The ARC has the right to ask the Commission to review any decision made by the Company.

Term of Contract and Termination. The initial term of this Agreement will be one (1) year from the commencement of Customer participation, as defined above. This Agreement shall be renewed for up to two additional one-year terms subject to the right of either Party to provide notice of termination 60-days prior to the expiration of the initial or any subsequent term. If the ARC fails to comply with the provisions of the Curtailment Amount under Rider 681682, the Company and the ARC will discuss methods to comply during future events. If the Midwest ISO terminates the ARC’s participation, the Company shall immediately terminate the ARC's participation. If there are system reliability issues created by the ARC’s failure to perform the Company reserves the right to suspend participation of the ARC under this Rider for 90 days or to terminate the ARC’s participation. The ARC has the right to ask the Commission to review any decision made by the Company.