Common use of Termination by Contractor for Non Clause in Contracts

Termination by Contractor for Non. Payment Contractor may terminate a Launch Service under this Contract if Customer fails to make any payment to Contractor relating to such Launch Service on the due date as required by this Contract, provided Customer fails to remedy such non-payment within thirty (30) days of notice from Contractor describing such non-payment and stating Contractor’s intent to terminate the Launch Service. If Contractor terminates a Launch Service in accordance with this Paragraph 21.5, Contractor shall be entitled to the Termination Charge set forth in Paragraph 21.8.

Appears in 2 contracts

Samples: Contract for Launch Services (Inmarsat Launch CO LTD), Contract for Launch Services (Inmarsat Launch CO LTD)

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Termination by Contractor for Non. Payment Contractor may terminate a the Launch Service under this Contract if Customer fails to make any payment to Contractor relating to such Launch Service on the due date as required by this Contract, provided Customer fails to remedy such non-payment within thirty (30) days of notice from Contractor describing such non-payment and stating Contractor’s intent to terminate the Launch Servicepayment. If Contractor terminates a the Launch Service in accordance with this Paragraph 21.521.3, Contractor shall be entitled to retain the Termination Charge set forth in Paragraph 21.821.6.

Appears in 1 contract

Samples: Contract for Launch Services (Viasat Inc)

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Termination by Contractor for Non. Payment PAYMENT Contractor may terminate a the Launch Service under this Contract if Customer fails to make any payment to Contractor relating to such Launch Service on the due date as required by this Contract, provided Customer fails to remedy such non-payment within thirty (30) days of notice from Contractor describing such non-payment and stating Contractor’s 's intent to terminate the Launch Service. If Contractor terminates a Launch Service in accordance with this Paragraph 21.521.3, Contractor shall be entitled to retain the Termination Charge set forth in Paragraph 21.8.21.6. 5 April 1996

Appears in 1 contract

Samples: Quarterly Report

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