Net Termination Loss Clause Samples
The Net Termination Loss clause defines how the total financial loss is calculated when a contract is terminated before its natural end. It typically involves offsetting any gains or recoveries against the losses incurred due to early termination, resulting in a single net amount owed by one party to the other. This clause ensures that both parties have a clear and fair method for determining financial responsibility upon termination, thereby reducing disputes and providing certainty in the event of early contract closure.
Net Termination Loss. 13 Non-citizen Assignees...................................................................................13 Nonrecourse Built-in Gain...............................................................................13
Net Termination Loss. 7 Nonrecourse Built-in Gain...................................................8
Net Termination Loss. 8 "Nonrecourse Built-in Gain . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Net Termination Loss. Non-citizen Assignee. .Nonrecourse Built-in Gain. .Nonrecourse Deductions. .