Common use of Term Termination and Liquidation Clause in Contracts

Term Termination and Liquidation. The term of the JV Company (the “Term”) shall commence from the issuance of the business license and end thirty (30) years after the Commercial Operation Date of the Plant. Subject to complying with Applicable Laws, upon the recommendation of the Board, the Parties may apply, at least six (6) months prior to the expiry of the Term, to the original examination and approval authority for an extension of the Term.

Term Termination and Liquidation. The term of the JV Company (the “Term”) shall commence from the issuance of the business license and end thirty fifty (3050) years after the “Commercial Operation Date of Date” as defined in the PlantTolling Contract. Subject to complying with Applicable Laws, upon the recommendation of the Board, the Parties may apply, at least six (6) months prior to the expiry of the Term, to the original examination and approval authority for an extension of the Term.

Term Termination and Liquidation. The term of the JV Company (the “Term”) shall commence from the issuance of the business license and end thirty (30) years after the Commercial Operation Date of the Plant. Subject to complying with Applicable Laws, upon the recommendation of the Board, the Parties may apply, at least six (6) months prior to the expiry of the Term, to the original examination and approval authority Approval Authority for an extension of the Term.

Term Termination and Liquidation. The term of the JV Company (the “Term”) shall commence be thirty (30) years commencing from the issuance of the business license and end thirty (30) years after the Commercial Operation Date of the PlantBusiness License. Subject to complying with Applicable Laws, upon the recommendation of the BoardBoard of Directors, the Parties may apply, at least six (6) months prior to the expiry of the Term, to the original examination examining and approval authority approving authorities of the JV Company for an extension of the Term.

Term Termination and Liquidation. The term of the JV Company (the “Term”) shall commence be thirty (30) years commencing from the issuance of the business license and end thirty (30) years after the Commercial Operation Date of the Plantlicense. Subject to complying with Applicable Laws, upon the recommendation of the Board, the Parties may apply, at least six (6) months prior to the expiry of the Term, to the original examination and approval authority for an extension of the Term.