Termination due to Force Majeure. If the Force Majeure Event or its effects continue to be present beyond the period as specified in Article 4.5.3, termination of this Agreement shall be caused solely at the discretion of SECI after obtaining consent of Buying Entity and there shall not be any liability (to SECI/Buying Entity) arising out of such termination. In such an event, this Agreement shall terminate on the date of such Termination Notice issued by SECI without any further liability to either Party from the date of such termination.
Appears in 11 contracts
Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Termination due to Force Majeure. If the Force Majeure Event or its effects continue to be present beyond the period as specified in Article 4.5.3, termination of this Agreement shall be caused solely at the discretion of SECI after obtaining consent of Buying Entity and there shall not be any liability (to SECI/Buying Entity) arising out of such termination. In such an event, this Agreement shall terminate on the date of such Termination Notice as issued by SECI without any further liability to either Party from the date of such termination.
Appears in 9 contracts
Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Termination due to Force Majeure. If the Force Majeure Event or its effects continue to be present beyond the period as specified in Article 4.5.3, termination of this Agreement shall be caused solely at the discretion of SECI after obtaining consent of Buying Entity and there shall not be any liability (to SECI/Buying Entity) arising out of such termination. In such an event, this Agreement shall terminate on the date of such Termination Notice issued by SECI without any further liability to either Party from the date of such termination.
Appears in 5 contracts
Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Termination due to Force Majeure. If the Force Majeure Event or its effects continue to be present beyond the period as specified in Article 4.5.34.5.2, termination of this Agreement shall be caused solely at the discretion of SECI after obtaining consent of Buying Entity and there shall not be any liability (to SECI/Buying Entity) arising out of such termination. In such an event, this Agreement shall terminate on the date of such Termination Notice issued by SECI without any further liability to either Party from the date of such termination.
Appears in 1 contract
Sources: Green Ammonia Purchase Agreement