Optional Storage and Retest Sample Clauses

Optional Storage and Retest. 1. Storage at Contractor's Expense. If the Spacecraft has not been Launched by the Promised Delivery Date, at NSS' option, Contractor shall place the Spacecraft in storage at Contractor's facilities, or such other facilities as Contractor may arrange, which alternate facilities must have been approved by NSS. So long as NSS has not terminated this Contract, Contractor shall continue to store, and perform any necessary testing or refurbishment on, such Spacecraft, at Contractor's expense, until such Spacecraft is Launched, and Delivery and Acceptance thereof has been completed under this Contract, but not to exceed six (6) months. 2. Storage at NSS' Expense. Following * storage of the Spacecraft by Contractor, NSS may elect to direct Contractor to continue to store the Spacecraft for an additional period of time provided that the total storage period, including the earlier free period, does not exceed three (3) years. The firm fixed prices for such storage shall be as set forth in the table below: (1) Total Storage Price adjusted downward by the Monthly Storage Fee Adjustment if Spacecraft removed from storage before completion of applicable year ------------------------------------------------------------------------------- The price for any refurbishment and retest of the Spacecraft after storage is included in the above prices. In the event that NSS elects to deliver the Spacecraft to storage for any reason, NSS shall pay Contractor the milestone payment for completion of IOT upon delivery of the Replacement Spacecraft to storage and NSS shall commence payments to Contractor for all Operational In Orbit Incentive payments for such stored Spacecraft (in accordance with Paragraph 5.E.) as though Unconditional Acceptance had been achieved, subject to any adjustments or refunds if, after the Launch of the Spacecraft, its performance is such that adjustments to the Operational In Orbit Incentives are appropriate pursuant to Exhibit F. For storage periods greater than twelve (12) months, prices for launch and mission operations will be escalated at a rate of 3% per annum. * Confidential portion omitted and filed separately with the Commission pursuant to a request for confidential treatment.
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Optional Storage and Retest 
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Related to Optional Storage and Retest

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