Termination Liability. If any Pricing Agreement shall be terminated pursuant to Section 7 hereof, the Company shall not then be under any liability to any Underwriter with respect to the Designated Securities covered by such Pricing Agreement except as provided in Section 4(a)(viii) and Section 6 hereof; but, if for any other reason Designated Securities are not delivered by or on behalf of the Company as provided herein, the Company will reimburse the Underwriters through the Representatives for all out-of-pocket expenses approved in writing by the Representatives, including fees and disbursements of counsel, reasonably incurred by the Underwriters in making preparations for the purchase, sale and delivery of such Designated Securities, but the Company shall then be under no further liability to any Underwriter with respect to such Designated Securities except as provided in Section 4(a)(viii) and Section 6 hereof.
Termination Liability. In the event of termination pursuant to this Article 21.2, Contractor shall be paid as if such termination were for convenience pursuant to Article 19. Further, if Purchaser’s failure to perform is a failure to pay Contractor invoiced amounts when due, Contractor shall be entitled to late payment interest pursuant to Article 5.3. Payment of the total amounts payable by Purchaser pursuant to this Article 21.2.2 shall constitute a total discharge of Purchaser’s liabilities to Contractor for termination pursuant to this Article 21.2.
Termination Liability. Neither party shall be liable in any manner on account of the termination or cancellation of this Agreement. The rights of termination and cancellation as set forth herein are absolute. Both Customer and Manufacturer are aware of the possibility of expenditures necessary in preparing for performance hereunder and the possible losses and damages which may occur to each in the event of termination or cancellation. Both parties clearly understand that neither shall be liable for damages of any kind (including but not limited to special, incidental or consequential damages) by reason of the termination or cancellation of this Agreement.
Termination Liability. If Customer terminates this Contract pursuant to Article 19.1, Customer shall pay to Boeing the amounts specified in the Termination Liability Schedule attached hereto, as well as the aggregate amount of any Unpaid Amounts less any Milestone payments already made as of the effective date of termination under the notice provided pursuant to Article 19.1.1.
Termination Liability. In the event of termination pursuant to this Article 20.2 (Boeing Rights of Termination), Boeing shall be paid as if such termination were for convenience pursuant to Article 19 (Termination for Convenience). In the event that Customer’s failure to perform is a failure to pay Boeing invoiced amounts when due, Boeing shall be entitled to late payment interest pursuant to Article 5.3 (Late Payment). Payment of the total amounts payable by Customer pursuant to this Article 20.2.2 (Termination Liability) shall constitute a total discharge of Customer’s liabilities to Boeing for termination pursuant to this Article 20.2 (Boeing Rights of Termination).
Termination Liability. Termination prior to End of Term
(a) You are responsible for the paying the Recurring Charges for the remaining length of the term if you terminate service prior to the end of the term
Termination Liability. Executive’s employment hereunder may be terminated as follows:
Termination Liability. AV’s Termination Liability (defined as: all of AV’s Step 2 Incurred Costs incurred prior to the date of the ramp down period specified in Article 12.5 of the Agreement plus the applicable [***]% fee, less all payments received by AV from HAPSMobile under this Agreement, plus all material, subcontract, other direct costs including open commitments and other wind down costs outstanding as of the start of the ramp down period, plus 60 days of AV labor costs incurred during the ramp down period) will be billed to HAPSMobile 30 days after the end of ramp down period and Termination Liability shall not exceed then current Contract Value but AV labor cost may be compensated exceeding then current Contract Value based upon actual Work performed. Schedule delays may occur and be resolved subject to Article 3.2 of the Agreement.
Termination Liability. In the event of termination pursuant to this Article 20.1 (Customer Rights of Termination), subject to Article 20.1.3 (Special Provision Limiting Customer’s Remedies), Customer shall be entitled to a refund by Boeing of all payments made by Customer for the terminated Work. In addition, Customer shall be entitled to payment of any liquidated damages accrued and payable pursuant to Article 14 (***) prior to the effective date of termination. Notwithstanding the foregoing, Boeing shall not be required to refund any amounts, and Customer shall remain liable for payment of all amounts, with respect to Deliverable Items for which Acceptance has occurred at the time of termination. Boeing shall pay the foregoing amounts no later than (***) days after Boeing’s receipt of Customer’s written notice requesting such amounts pursuant to subclause (i) above. Payment of such amounts shall be Customer’s sole and exclusive remedy in the event of a termination for default. Customer’s right to receive a refund in no event shall exceed the Firm Fixed Price plus any liquidated damages accrued and payable pursuant to Article 14.1 (Liquidated Damages), 14.3 (Launch Delays) or 14.4 (Range Support and De-Stacking Charges) prior to the effective date of termination.
Termination Liability. As the sole and exclusive remedy for termination of any Services prior to the end of the term, AGENCY agrees to pay CONTRACTOR the termination liability as follows:
