Terminated Ignition Sample Clauses

The 'Terminated Ignition' clause defines the conditions under which a party's rights or obligations related to the initiation or continuation of a process or agreement are ended. In practice, this clause might specify that certain actions, such as the commencement of a project or the activation of a service, are halted or rendered void if specific termination events occur, such as breach of contract or failure to meet predefined milestones. Its core function is to provide a clear mechanism for stopping further obligations or activities, thereby protecting parties from ongoing commitments when foundational conditions are no longer met.
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Terminated Ignition. In the event of a Terminated Ignition, Contractor shall take all necessary actions to prepare the Satellite(s) for a relaunch, including: (a) supporting the Launch Services Provider in demating the Satellite(s) from the Launch Vehicle and conducting defueling operations; (b) directly performing inspection and testing, refurbishment, storage, repair and replacement of any damaged Satellite(s) and transportation of the Satellite(s) to and from the Launch Site; and (c) providing additional Launch Segment Services for the subsequent Launch of the Satellite(s); with any direct costs associated with the activities in this Article 12.1.2 subject to the terms of a Change Order under Article 15. Following a Terminated Ignition and as applicable, the Parties shall establish a new due date for SPSR and Delivery of any repaired or replacement Satellite(s).
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Terminated Ignition. In the event of a Terminated Ignition, title to, and risk of loss or damage for, the Satellite shall revert to Contractor upon the Contractor securing the Satellite after the Launch Agency declares the Launch pad safe, provided that, if the Satellite is, or is reasonably determined to be, a Total Loss, title to, and risk of loss or damage for, the Satellite shall remain with Purchaser. If Contractor re-acquires title and risk of loss or damage as set forth in the immediately preceding sentence, title to, and risk of loss or damage for, the Satellite shall again pass to Purchaser [***].
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Terminated Ignition. In the event of a Terminated Ignition, once the launch pad has been declared safe and the Launch Agency authorizes the start of the demating operations, Contractor shall, upon Purchaser’s request, immediately take all necessary actions to prepare the Satellite for a relaunch, including without limitation: (i) supporting the Launch Agency in demating the Satellite from the Launch Vehicle and conducting defueling operations; (ii) directly performing inspection and testing, refurbishment, storage, repair and replacement of damaged Component(s) (damaged as a result of the Terminated Ignition or related activities) and transportation of the Satellite to and from the Launch Site; and (iii) providing additional Launch support services for the subsequent Launch of the Satellite. *** Upon Purchaser’s request, the Parties shall establish a new due date for the repaired/refurbished Satellite. *** Certain confidential portions of this exhibit were omitted by means of redacting a portion of the text.
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Related to Terminated Ignition

  • License Termination Without prejudice to any other rights, PremiumSoft may terminate this ▇▇▇▇ if you fail to comply with the terms and conditions of this EULA. In such event, you must destroy all copies of the software and all of its component parts.

  • Contract Effective Date This agreement becomes effective when signed by the last party whose signing makes the agreement fully executed.

  • Effective Date of Agreement; Termination (a) This Agreement shall become effective when the parties hereto have executed and delivered this Agreement. (b) The Representative may terminate this Agreement at any time at or prior to the Time of Purchase, by notice to the Company, if (1) since the time of execution of this Agreement or the earlier respective dates as of which information is given in the Registration Statement, the Disclosure Package and the Prospectus, there shall have been any Material Adverse Effect, in the sole judgment of the Representative, so material and adverse as to make it impractical or inadvisable to proceed with the completion of the Offering of Securities contemplated by this Agreement or to enforce contracts for the sale of such Securities, or (2) since the time of execution of this Agreement, there shall have occurred: (A) a suspension or material limitation in trading in securities generally on the NYSE, the NYSE American or Nasdaq, or the establishment by the Commission or FINRA of minimum or maximum prices on any of such stock exchanges, (B) a suspension or material limitation in trading in the Company’s securities on Nasdaq, (C) a general moratorium on commercial banking activities declared by either federal or New York State authorities or a material disruption in commercial banking or securities settlement or clearance services in the United States, (D) an outbreak or escalation of hostilities or acts of terrorism involving the United States or a declaration by the United States of a national emergency or war or any other calamity or crisis or any change in financial, political or economic conditions in the United States or elsewhere if the effect of any such event specified in this clause (D), in the sole judgment of the Representative, makes it impracticable or inadvisable to proceed with the completion of the Offering of Securities contemplated by this Agreement or to enforce contracts for the sale of such Securities, or (E) the Company is in material breach of any of its representations, warranties or covenants hereunder. (c) In the event of any termination under Section 6(b) hereof, neither party will have any liability to the other party hereto, except as set forth in Section 4 hereof, and provided further that the provisions of Sections 2, 8, 11, 12 and 13 hereof shall remain in effect.

  • Agreement Termination In the event Contractor is unable to fulfill its responsibilities under this Agreement for any reason whatsoever, including circumstances beyond its control, County may terminate this Agreement in whole or in part in the same manner as for breach hereof.

  • Vendor’s Termination If TIPS fails to materially perform pursuant to the terms of this Agreement, Vendor shall provide written notice to TIPS specifying the default (“Notice of Default”). If TIPS does not cure such default within thirty (30) days, Vendor may terminate this Agreement, in whole or in part, for cause. If Vendor terminates this Agreement for cause, and it is later determined that the termination for cause was wrongful, the termination shall automatically be converted to and treated as a termination for convenience.