Common use of After Termination for Default Clause in Contracts

After Termination for Default. Upon any termination by Tesla pursuant to this Section 21(a), Supplier shall: (1) continue to supply any portion of the Items for which this Agreement is not cancelled; (2) be liable for additional costs, if any, incurred by Tesla for the purchase of similar goods and services to cover such default; and (3) at Tesla’s request, transfer title and deliver to Tesla: (A) any completed Items, (B) any partially completed Items, and (C) all unique materials and tooling subject or relating to the termination. Termination of the Agreement under this Section 21(a) shall constitute “cancellation” under the Uniform Commercial Code as adopted in California.

Appears in 10 contracts

Samples: Supply Agreement (Tesla Motors Inc), Supply Agreement (Tesla Motors Inc), Supply Agreement (Tesla Motors Inc)

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After Termination for Default. Upon any termination by Tesla pursuant to this Section 21(a), Supplier shall: (1) continue to supply any portion of the Items for which this Agreement is not cancelled; (2) be liable for additional costs, if any, incurred Incurred by Tesla for the purchase of similar goods and services to cover such default; : and (3) at Tesla’s request, transfer title and deliver to Tesla: (A) any completed Items, (B) any partially completed Items, and (C) all unique materials and tooling subject or relating to the termination. , Termination of the Agreement under this Section 21(a) shall constitute cancellation” under the Uniform Commercial Code as adopted in In California.

Appears in 3 contracts

Samples: Supply Agreement, Supply Agreement (Tesla Motors Inc), Supply Agreement (Tesla Motors Inc)

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