Common use of Termination Rights Exclusive Clause in Contracts

Termination Rights Exclusive. In the event that this Agreement shall be terminated as provided for under the terms of Clauses 10.3 or 10.4, such termination shall discharge all obligations and liabilities of the parties hereunder with respect to such affected Aircraft and undelivered material, services, data or other items applicable thereto and to be furnished hereunder and neither party shall have any claim against the other for any loss resulting from such non-delivery. The Seller shall in no circumstances have any liability whatsoever for Excusable Delay other than as set forth in this Clause 10.

Appears in 10 contracts

Samples: Assignment and Assumption Agreement (Frontier Group Holdings, Inc.), Letter Agreement (Avianca Holdings S.A.), Letter Agreement (Avianca Holdings S.A.)

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Termination Rights Exclusive. In the event that If this Agreement shall be is terminated as provided for under the terms of Clauses 10.3 or 10.4, such termination shall will discharge all obligations and liabilities of the parties hereunder with respect to such affected Aircraft and undelivered material, services, data or other items applicable thereto and to be furnished hereunder and neither party shall have any claim against under the other for any loss resulting from such non-delivery. The Seller shall in no circumstances have any liability whatsoever for Excusable Delay other than as set forth in this Clause 10Agreement.

Appears in 8 contracts

Samples: Purchase Agreement (Frontier Group Holdings, Inc.), A321 Aircraft Purchase Agreement (Frontier Group Holdings, Inc.), Purchase Agreement (Frontier Group Holdings, Inc.)

Termination Rights Exclusive. In the event that If this Agreement shall be is terminated as provided for under the terms of Clauses Subclauses 10.3 or 10.4, such termination shall will discharge all obligations and liabilities of the parties hereunder with respect to such affected Aircraft and undelivered material, services, data or other items applicable thereto and to be furnished hereunder and neither party shall have any claim against under the other for any loss resulting from such non-delivery. The Seller shall in no circumstances have any liability whatsoever for Excusable Delay other than as set forth in this Clause 10Agreement.

Appears in 1 contract

Samples: Letter Agreement (Delta Air Lines Inc /De/)

Termination Rights Exclusive. In the event that this Agreement shall be terminated with respect to an Aircraft as provided for under the terms of Clauses 10.3 or 10.4, such termination shall discharge all obligations and liabilities of the parties hereunder with respect to such affected Aircraft and undelivered material, services, data or other items applicable thereto and to be furnished hereunder and neither party shall have any claim against the other for any loss resulting from such non-delivery. The Seller shall in no circumstances have any liability whatsoever for Excusable Delay other than as set forth in this Clause 10, [DELETED].

Appears in 1 contract

Samples: Airbus Purchase Agreement (Gatx Capital Corp)

Termination Rights Exclusive. In the event that If this Agreement shall be is terminated as provided for under the terms of Clauses 10.3 or 10.4, such termination shall will discharge all obligations and liabilities of the parties hereunder with respect to such affected Aircraft and undelivered material, services, data or other items applicable thereto and to be furnished hereunder and neither party shall have any claim against under the other for any loss resulting from such non-delivery. The Seller shall in no circumstances have any liability whatsoever for Excusable Delay other than Agreement, except as set forth provided in this Clause 1010 and Clause 18.5.

Appears in 1 contract

Samples: Letter Agreement (American Airlines Inc)

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Termination Rights Exclusive. In the event that this Agreement shall be is terminated as provided for under the terms of Clauses 10.3 or 10.4, such termination shall will discharge all obligations and liabilities of the parties hereunder with respect to such affected Aircraft and undelivered material, services, data or other items applicable thereto and to be furnished hereunder and neither party shall will have any claim against the other for any loss resulting from such non-deliverynondelivery, *. The Seller shall will in no circumstances have any liability whatsoever for Excusable Delay other than as set forth in this Clause 10.

Appears in 1 contract

Samples: A319 Purchase Agreement (Frontier Airlines Inc /Co/)

Termination Rights Exclusive. In the event that this Agreement shall be is terminated as provided for under the terms of Clauses Sub-clause 10.3 or 10.4, such termination shall will discharge all obligations and liabilities of the parties hereunder with respect to such affected Aircraft (except for the payment obligations as set forth therein) and undelivered material, services, data or other items applicable thereto and to be furnished hereunder and neither party shall will have any claim against the other for any loss resulting from such non-deliverynondelivery. The Seller shall will in no circumstances have any liability whatsoever for Excusable Delay other than as set forth in this Clause 10.

Appears in 1 contract

Samples: License Agreement (Fedex Corp)

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