Common use of Termination for Unexcused Delay Clause in Contracts

Termination for Unexcused Delay. (a) In the event the Damages Period for any Satellite has expired and the maximum total liquidated damages for such Satellite have been levied, Customer may exercise its right to terminate this Contract, in whole or in part, for cause pursuant to the provisions of Article 32.2 (Termination for Contractor's Default), in which case Customer's rights shall be governed by the provisions of that Article.

Appears in 3 contracts

Samples: Satellite Purchase Contract (Xm Satellite Radio Holdings Inc), Satellite Purchase Contract (Xm Satellite Radio Holdings Inc), Satellite Purchase Contract (Xm Satellite Radio Holdings Inc)

AutoNDA by SimpleDocs

Termination for Unexcused Delay. (a) In the event the Damages Period for any Satellite has expired and the maximum total liquidated damages for such Satellite have been levied, Customer may exercise its right to terminate this Contract, in whole or in part, for cause pursuant to the provisions of Article 32.2 (Termination for Contractor's ’s Default), in which case Customer's ’s rights shall be governed by the provisions of that Article.

Appears in 1 contract

Samples: Satellite Purchase Contract (Xm Satellite Radio Holdings Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.