Common use of Termination by Election Clause in Contracts

Termination by Election. The Reliability Coordination Customer may terminate this Agreement upon ninety (90) calendar days written notice to the ISO Board and FERC. Such termination and withdrawal shall be effective unless FERC finds that such termination and withdrawal is contrary to the public interest, as that standard has been judicially construed under the Mobile-Sierra doctrine. Any modification to this Article shall provide the Reliability Coordination Customer with the right to terminate this Agreement pursuant to the unmodified provisions of this Article, within ninety (90) calendar days of the effective date of such modification.