PFS Contract definition
Examples of PFS Contract in a sentence
Termination of this PFS Contract as to all Parties will be effective on a date to be agreed upon by the Operating Committee, which will be sufficient to allow for an orderly wind-up of the PFS Project, including but not limited to completion of such JVS Services and any evaluation in accordance with Schedule C, Evaluation Plan or early evaluation in accordance with Section 5 of Schedule E, Funding Plan.
If the Parties agree to a remediation plan, then this PFS Contract will not terminate, and will be amended, if necessary, in accordance with Section 10.02.
In case any provision of this PFS Contract shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby, provided that the allocation of benefits and burdens under this PFS Contract shall not thereby be materially altered.
The captions and table of contents of this PFS Contract are for convenience only and shall not affect the construction hereof.
This PFS Contract may be amended by the Parties for any reason in writing or as otherwise provided herein, including, but not limited to, substitution or revision of one or more of the Appendices or Schedules hereto, or to extend the term of this PFS Contract.
Upon the occurrence of Section 8.01(e) (SFI, SFMA, JVS Material Breach; Bankruptcy), any non- breaching Party may elect to terminate this PFS Contract by providing notice of its intent to terminate to all other Parties.
Upon a material breach or bankruptcy by SFI or SFMA, either the Commonwealth or JVS may propose an entity or a list of entities to replace SFI or SFMA, or both, under this PFS Contract within 30 calendar days of the expiration of the cure period under Section 8.02(e).
This PFS Contract has been duly and validly executed and delivered by SFMA and constitutes the valid and binding obligation of SFMA, enforceable in accordance with its terms, except as enforcement may be limited by (i) bankruptcy, insolvency, reorganization, moratorium or other Laws of general application affecting enforcement of creditors' rights generally, or (ii) Laws relating to the availability of specific performance, injunctive relief or other equitable remedies.
If the Parties agree to a remediation plan, then this PFS Contract will not terminate, and will be amended in accordance with Section 10.02.
Following a termination or expiration of this PFS Contract, each Party will immediately return to the other Party all Confidential Information in its possession or in the possession or under the control of any of their employees which relates to the PFS Contract, or certify as to the destruction of such materials.