Common use of Termination of Route Segment Clause in Contracts

Termination of Route Segment. Any Route Segment may be terminated: (i) by Niagara Mohawk upon reasonable notice if it is required to do so in order to provide or continue to provide a safe and reliable electric transmission system; or to maintain Niagara Mohawk’s property rights and licenses, permits or similar rights associated with Niagara Mohawk’s Electric Transmission Poles providing such service despite Niagara Mohawk’s reasonable efforts to maintain both its property rights or permits and the Route Segments, (ii) by Niagara Mohawk at any time if it cannot obtain the regulatory approvals needed by it to perform its obligations under this Agreement with respect to such Route Segment or can obtain them but only on terms that are unacceptable or unreasonably burdensome on Niagara Mohawk. (iii) by Licensee at any time provided Licensee gives thirty (30) days prior notice to Niagara Mohawk and removes the Licensee System along the Route and restores the Property in accordance with section 10.

Appears in 2 contracts

Sources: Agreement Authorizing Attachment of Communication Cable and Facilities, Agreement Authorizing Attachment of Communication Cable and Facilities