CANCELLATION FOR DELAY Sample Clauses

CANCELLATION FOR DELAY. Promptly after LESSOR becomes aware that in Manufacturer's opinion a delay will cause Delivery to be delayed beyond (CONFIDENTIAL MATERIAL OMITTED) LESSOR will notify LESSEE. By written notice given within ten (10) Business Days after LESSEE's receipt of such LESSOR notice, either party may by written notice to the other party terminate this Lease and this Lease will terminate on the date of receipt of such notice. In the event of such termination, neither party will have any further liability to the other party except that LESSOR will return to LESSEE the Security Deposit in accordance with Article 5.1.3
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CANCELLATION FOR DELAY. 2.7.1 If the Sale of an Aircraft has not occurred by 5:00 p.m. New York time on the Final Sale Date as a result of:
CANCELLATION FOR DELAY. Promptly after LESSOR becomes aware that in Manufacturer’s opinion a delay will cause Delivery to be delayed beyond October 30, 2008, LESSOR will notify LESSEE. By written notice given within ten (10) Business Days after LESSEE’s receipt of such LESSOR notice, either party may by written notice to the other party terminate this Lease and this Lease will terminate on the date of receipt of such notice. In the event of such termination, neither party will have any further liability to the other party except that LESSOR will return to LESSEE the Security Deposit in accordance with Article 5.1.3 and any prepaid Rent, and if LESSOR subsequently collects (at its discretion) from Manufacturer monetary damages as compensation for such delay, LESSOR shall share such compensation (minus any out of pocket costs incurred by LESSOR in pursuing such damages) equally with LESSEE. If neither party gives notice of termination within such ten (10) Business Days, both parties lose all right to terminate under this Article 3.6 unless otherwise agreed in writing by the parties.
CANCELLATION FOR DELAY. Promptly after LESSOR becomes aware that a delay will cause Delivery to be delayed beyond , LESSOR will notify LESSEE. By written notice given to the other party within 10 Business Days after LESSEE’s receipt of such LESSOR notice, either party may terminate this Lease and this Lease will terminate on the date of receipt of such notice. In the event of such termination, neither party will have any further liability to the other party except that LESSOR will return to LESSEE the Security Deposit in accordance with Article 5.1.3 and any prepaid Rent. If neither party gives notice of termination within such 10 Business Days, both parties lose all right to terminate under this Article 3.6 unless otherwise agreed in writing by the parties.
CANCELLATION FOR DELAY. 3.6.1 Promptly after LESSOR becomes aware that in Manufacturer’s opinion a delay will cause Delivery to be delayed beyond [SEE PARAGRAPH 2 OF EXHIBIT C.] (the “Outside Delivery Date”), LESSOR will notify LESSEE. By written notice given within thirty (30) days after the first to occur of (i) LESSEE’s receipt of such LESSOR notice or (ii) the Outside Delivery Date, either party may by written notice to the other party terminate this Lease and this Lease will terminate on the date of receipt of such notice, provided however that LESSOR shall not so terminate this Lease unless it has cancelled its purchase of the Aircraft from the Manufacturer. If neither party gives notice of termination within such thirty (30) day period, then the period for termination shall be deemed to be extended for an additional one hundred and eighty (180) days after the expiration of such thirty (30) day period. In the event that neither party gives a notice of termination within such one hundred and eighty (180) day period, the Lease will automatically terminate upon the expiration of such period, and LESSOR will return to LESSEE the Security Deposit and any prepaid Rent as provided above.
CANCELLATION FOR DELAY. The delivery of Products and/or Services will strictly comply with the delivery date or delivery schedule, if any, specified by Patheon. Except with the written consent of Patheon, Supplier will not deliver the Products in advance of the delivery date and any Products that are delivered in advance may be returned by Patheon at Supplier’s expense. If at any time it appears that Supplier will not meet the delivery date or schedule, Supplier will promptly notify Patheon in writing of reasons for, and the estimated duration of, the delay. In addition to its other remedies, Patheon reserves the right to cancel all or any part of this Agreement for the undelivered Products or unperformed Services if Supplier does not deliver the Products or perform the Services as specified in this Agreement.
CANCELLATION FOR DELAY. Promptly after LESSOR becomes aware that a delay will cause Delivery to be delayed beyond [REDACTED: Item 2], LESSOR will notify LESSEE. By written notice given to the other party within [REDACTED: Item 2] after LESSEE's receipt of such LESSOR notice, either party may terminate this Lease and this Lease will terminate on the date of receipt of such notice. In the event of such termination, neither party will have any further liability to the other party except that [REDACTED: Item 2]. If neither party gives notice of termination within [REDACTED: Item 2], both parties lose all right to terminate under this Article 3.6 unless otherwise agreed in writing by the parties.
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CANCELLATION FOR DELAY. 11 3.7 Delay..................................................12
CANCELLATION FOR DELAY. If for any reason delivery of any Aircraft is delayed beyond the last day of the Delivery Period, either party (or, in the case of a delay caused by BUYER’s or SELLER’s breach of this Sale Agreement, the non-breaching party only) may terminate this Sale Agreement with respect to any Aircraft for which a Sale has not occurred (each, an “Undelivered Aircraft”) by giving the other party written notice within ten Business Days after the last day of the Delivery Period and this Sale Agreement will terminate with respect to the Undelivered Aircraft identified in such notice (each a “Relevant Undelivered Aircraft”) on the date of receipt of such notice. In the event of such termination, neither party will have any further liability to the other with respect to the Relevant Undelivered Aircraft, and this Sale Agreement shall terminate with respect to the Relevant Undelivered Aircraft, except that SELLER will either (a) if the Deposit has been provided in cash, return to BUYER the Allocated Deposit relating to such Relevant Undelivered Aircraft in accordance with Article 4.2.3, or (b) if the Deposit has been provided as a letter of credit, permit the reduction in the face value of such letter of credit by an amount equal to the Allocated Deposit relating to such Relevant Undelivered Aircraft. If neither party gives notice of termination with respect to an Undelivered Aircraft within such ten Business Days, the Delivery Period with respect to such Aircraft shall be automatically extended for a period of 30 Business Days beyond the later of (a) the last day of the originally scheduled Delivery Period, and (b) the day to which the Delivery Period with respect to such Aircraft was most recently extended.
CANCELLATION FOR DELAY. Promptly after LESSOR becomes aware that a delay will cause Delivery to be delayed beyond June 15, 2000 (the "Outside Delivery Date"), LESSOR will notify LESSEE. By written notice given within *(*) days after the first to occur of (i) LESSEE's receipt of such LESSOR notice or (ii) the Outside Delivery Date, either party may by written notice to the other party terminate this Lease and this Lease will terminate on the date of receipt of such notice. In the event of such termination, neither party will have any further liability to the other party except that LESSOR will return to LESSEE the Security Deposit in accordance with Article 5.1.3
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