Common use of Failure to Launch Clause in Contracts

Failure to Launch. If Launch Date 2 or Launch Date 3 does not occur [***Redacted***] or less from the target date for such launch, as described in Section 4.3, the party not at fault may terminate this Agreement in accordance with such section.

Appears in 3 contracts

Samples: Cross Margining Agreement (Nymex Holdings Inc), Cross Margining Agreement (Nymex Holdings Inc), Cross Margining Agreement (Chicago Mercantile Exchange Holdings Inc)

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Failure to Launch. If Launch Date 2 or Launch Date 3 does not occur [***Redacted***] or less from the target date for such launch, as described in Section 4.3, the party not at fault may terminate this Agreement in accordance with such section. Portions of this exhibit have been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. The omissions have been indicated by β€œ[***Redacted***]”, and the omitted text has been filed separately with the Securities and Exchange Commission.

Appears in 1 contract

Samples: Cross Margining Agreement (Chicago Mercantile Exchange Holdings Inc)

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