Common use of EDC Cost Recovery Clause in Contracts

EDC Cost Recovery. The Parties recognize and agree that this Agreement and the amounts to be paid to Customer for Purchased Products hereunder, and the reasonable and prudently incurred costs and fees incurred by the EDC associated with this Agreement, are premised upon Authority approval. If the Authority fails to authorize the EDC’s full cost recovery of these reasonable and prudently incurred costs and fees, then the EDC may immediately terminate this Agreement.

EDC Cost Recovery. The Parties recognize and agree that this Agreement and the amounts to be paid to Customer for Purchased Products hereunder, and the reasonable and prudently incurred costs and fees incurred by the EDC associated with this Agreement, are premised upon Authority approval. If the Authority fails to authorize the EDC’s full cost recovery of these reasonable and prudently incurred costs and fees, then the EDC may immediately terminate this Agreement.. Only

EDC Cost Recovery. The Parties recognize and agree that this Agreement and the amounts to be paid to Customer for Purchased Products hereunder, and the reasonable and prudently incurred costs and fees incurred by the EDC associated with this Agreement, are premised upon Authority approval. If the Authority fails to authorize the EDC’s full cost recovery of these reasonable and prudently incurred costs and fees, then the EDC may immediately terminate this Agreement.. ONLY