Common use of After Termination for Default Clause in Contracts

After Termination for Default. Upon any termination by Applied 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 Applied for the purchase of similar goods and services to cover such default, provided that (a) if the termination for default is of an Authorized Demand Signal, such additional costs shall be [*] (which cost may include premium costs for expedited delivery and administrative costs), provided that [*] [*], and (b) if the termination for default is of this Agreement, such additional costs shall be for (i) the [*] at the time of such termination, plus (ii) [*] (which cost may include premium costs for expedited delivery and administrative costs) for commercially reasonable substitutes for those Items, provided that the cost differential for each Item [*], and provided that the cost differential will [*] where such purchases are made by Applied [*] as defined below; and

Appears in 1 contract

Samples: Global Supply Agreement (Advanced Energy Industries Inc)

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After Termination for Default. Upon any termination by Applied 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 Applied for the purchase of similar goods and services to cover such default, provided that (a) if the termination for default is of an Authorized Demand Signal, such additional costs shall be [*] (which cost may include premium costs for expedited delivery and administrative costs), provided that [*] [*], and, (b) if the termination for default is of this Agreement, such additional costs shall be for (i) the [*] at the time of such termination, plus (ii) [*] (which cost may include premium costs for expedited delivery and administrative costs) for commercially reasonable substitutes for those Items, provided that the cost differential for each Item [*], and provided that the cost differential will [*] where such purchases are made by Applied [*] during the Post-Termination Period as defined below; and

Appears in 1 contract

Samples: Global Supply Agreement (Advanced Energy Industries Inc)

After Termination for Default. Upon any termination by Applied 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 Applied for the purchase of similar goods and services to cover such default, provided that (a) if the termination for default is of an Authorized Demand Signal, such additional costs shall be [*] (which cost may include premium costs for expedited delivery and administrative costs), provided that [*] [*], and (b) if the termination for default is of this Agreement, such additional costs shall be for (i) the [*] at the time of such termination, plus (ii) [*] (which cost may include premium costs for expedited delivery and administrative costs) for commercially reasonable substitutes for those Items, provided that the cost differential for each Item [*], and provided that the cost differential will [*] where such purchases are made by Applied [*] during the Post-Termination Period as defined below; and

Appears in 1 contract

Samples: Global Supply Agreement (Advanced Energy Industries Inc)

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After Termination for Default. Upon any termination by Applied 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 Applied for the purchase of similar goods and services to cover such default, provided that (a) if the termination for default is of an Authorized Demand Signal, such additional costs shall be [*] (which cost may include premium costs for expedited delivery and administrative costs), provided that [*] [*], and (b) if the termination for default is of this Agreement, such additional costs shall be for (i) the [*] at the time of such termination, plus (ii) [*] (which cost may include premium costs for expedited delivery and administrative costs) for commercially reasonable substitutes for those Items, provided that the cost differential for each Item [*], and provided that the cost differential will [*] where such purchases are made by Applied [*] as defined below; and

Appears in 1 contract

Samples: Global Supply Agreement (Advanced Energy Industries Inc)

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