Common use of Voluntary Exit / Forced Exit / Suspension SDAC Clause in Contracts

Voluntary Exit / Forced Exit / Suspension SDAC. 17.1 In the Agreement, the term “Exit” shall mean the event in which a Party terminates on its own initiative its participation to the Agreement in accordance with Article 17.2 or the event in which the concerned Party is excluded from the participation to the Agreement in accordance with Article 17.3, and the verb “to Exit” is to be construed accordingly.

Appears in 2 contracts

Sources: Single Day Ahead Coupling Operations Agreement (Daoa), Single Day Ahead Coupling Operations Agreement