Common use of Termination of a Clause in Contracts

Termination of a. Participation Agreement does not affect any rights and obligations under or in connection with the Participation Agreement and these Allocation Rules which arose prior to that termination unless otherwise specified in this Article. Accordingly, any Registered Participant whose Participation Agreement is terminated will remain liable, subject to and in accordance with the Allocation Rules, in respect of all such rights and liabilities. This paragraph shall apply without prejudice to other remedies available to the Allocation Platform under these Allocation Rules.

Appears in 3 contracts

Sources: Rules for Intraday Capacity Allocation, Rules for Daily Capacity Allocation, Rules for Explicit Daily Capacity Allocation