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.
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:
(a) the material breach by Buyer or any Buyer Related Person of its obligation(s) under any Sale Document except where such breach is caused by an act or omission of relevant Seller or any Seller Related Person; or
(b) a failure by Buyer or any Buyer Related Person to provide any condition precedent which is within its reasonable control to any other party under any Sale Document (and where such other party has not caused in whole or in part such failure) except where such condition precedent has been waived or deferred in writing by the relevant party entitled thereto, or for any reason whatsoever other than the circumstances described in Article 2.7.2 and Article 2.7.3 below, then relevant Seller may at any time following such time, by service of written notice on Buyer, terminate this Agreement in as far as it relates to that Aircraft and any other Aircraft in respect of which the Sale has not already occurred.
2.7.2 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:
(a) the material breach by relevant Seller or any Seller Related Person of its obligations under any Sale Document except where such breach is caused by an act or omission of Buyer or any Buyer Related Person; or
(b) a failure by relevant Seller or any Seller Related Person to provide any condition precedent which is within its reasonable control to any other party under any Sale Document (and where such other party has not caused in whole or in part such failure) except where such condition precedent has been waived or deferred in writing by the relevant party entitled thereto, or for any other reason whatsoever other than the circumstances described in Article 2.7.1 above and Article 2.7.3 below, then Buyer may at any time following such time, by service of written notice on relevant Seller, terminate this Agreement in as far as it relates to that Aircraft and any other Aircraft in respect of which the Sale has not already occurred.
2.7.3 If the Sale of an Aircraft has not occurred by 5:00 p.m. New York time on the Final Sale Date due to:
(a) the occurrence of a Force Majeure Event;
(b) the failure by the Lessee to enter into a Lease Transfer Agreement for the Lease related to that Aircraft or any condition precedent to the effective time thereunder not having been met, in each case to the extent not attributable to ...
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. 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 in Manufacturer's opinion a delay will cause Delivery to be delayed beyond February 29, 2004 (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. 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.
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.
3.6.2 In the event that Delivery is delayed more than sixty (60) days beyond the Scheduled Delivery Date due to the gross negligence or willful misconduct of LESSOR, LESSEE shall have the right to terminate this Lease by written notice to LESSOR, and this Lease will terminate on the date that is thirty (30) days after LESSOR’s receipt of such notice of termination.
3.6.3 In the event of any termination of this Lease pursuant to Article 3.6.1 or Article 3.6.2, 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.
CANCELLATION FOR DELAY. 14 3.7 Delay.........................................................15
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.
CANCELLATION FOR DELAY. If a delay, not caused by BUYER's or SELLER's breach of this Sale Agreement, causes Delivery to be delayed beyond May 1, 2011, or if Delivery is delayed beyond a date which is five (5) days after the date BUYER prepositions an irrevocable acceptance certificate with FAA Counsel in accordance with Article 6.1.7 due to a delay in receiving the Notice of Deregistration, either party may terminate this Sale Agreement at any time after the earlier of May 1, 2011 or such date five days after BUYER prepositions that certificate by written notice to the other, and this Sale Agreement will terminate upon receipt of such notice. However, so long as no notice of termination has then been given by either party, the party subject to the delay may give written notice to the other of a date on which Delivery will occur, which date must be reasonable, must be a Business Day, must be not less than five (5) Business Days
CANCELLATION FOR DELAY. Promptly after LESSOR becomes aware that in Prior Lessee's opinion a delay will cause Delivery to be delayed beyond September 2002, LESSOR will notify LESSEE. [Redacted].
