Modification/Maintenance/Storage Sample Clauses

Modification/Maintenance/Storage. After the Closing Date, SS/L will, if GLP so requests, provide GLP with proposed contract terms to retrofit or modify any of the Spare Satellites and to maintain and store the Spare Satellites. GLP and SS/L will negotiate such terms in good faith, but failure to reach final agreement shall not constitute a breach of this Settlement Agreement by either party. GLP and SS/L shall use their reasonable best efforts to reach an agreement prior to the Closing Date for the maintenance and storage of the Spare Satellites for the period after the Closing Date. If such an agreement has not been reached by the Closing Date then for a period of at least 180 days after the Closing Date, SS/L shall store and maintain the Spare Satellites in accordance with the standards provided for in the Satellite Contract and GLP shall be liable to pay monthly for the reasonable value of any such maintenance or storage of the Spare Satellites.