Pass-through of Liquidated Damages from Customers. In the event Flextronics fails to meet its obligations for a specific order, and as a result Nortel Networks is required to pay liquidated damages to its Customer, Nortel Networks shall be entitled to receive from Flextronics an amount representing the lesser of:
Appears in 3 contracts
Samples: Master Contract Manufacturing Services Agreement (Nortel Networks LTD), Master Contract Manufacturing Services Agreement (Nortel Networks LTD), Master Contract Manufacturing Services Agreement (Nortel Networks Corp)
Pass-through of Liquidated Damages from Customers. In the event Flextronics fails to meet its obligations for a specific order, and as a result Nortel Networks is required to pay liquidated damages to its Customer, Nortel Networks shall be entitled to receive from Flextronics an amount representing [•] imposed on Nortel Networks by the lesser of:Customer. In the event that Flextronics is required to pay liquidated damages under this Section 9.1.3, the order(s) against which damages were assessed shall not be used in the calculation of whether Flextronics has met a relevant metric under Section 9.1.2.
Appears in 2 contracts
Samples: Master Repair Services Agreement (Nortel Networks LTD), Repair Services Agreement (Nortel Networks Corp)
Pass-through of Liquidated Damages from Customers. In the event Flextronics fails to meet its obligations for a specific order, and as a result Nortel Networks is required to pay liquidated damages to its Customer, Nortel Networks shall be entitled to receive from Flextronics an amount representing [•] imposed on Nortel Networks by the lesser of:Customer. Master Repair Services Agreement In the event that Flextronics is required to pay liquidated damages under this Section 9.1.3, the order(s) against which damages were assessed shall not be used in the calculation of whether Flextronics has met a relevant metric under Section 9.1.2.
Appears in 1 contract
Samples: Master Repair Services Agreement (Nortel Networks LTD)