CANCELLATION. This Section will terminate automatically in the event the Aviation Products and Grounding Liability Insurance, to which this Section is attached, is cancelled or terminated.
CANCELLATION. This Policy may be cancelled at any time at the written request of the Insured or may be cancelled by or on behalf of the Insurers provided (except as otherwise provided) not less than thirty (30) days notice in writing be given. The premium to be retained by the Insurers in the event of cancellation by the Insured shall be calculated as follows:
CANCELLATION. Buyer’s wrongful non acceptance of Goods, or cancellation of any Purchase Order to purchase Goods or Services shall entitle Seller to recover, in addition to any incidental damages caused by Xxxxx’x wrongful non acceptance or cancellation, either (i) in the case of Goods, the risk of loss of which has passed to Buyer at the time of non acceptance or cancellation, or Goods which cannot reasonably be resold by Seller to a third party, or Services which have already been performed, the price of such Goods or Services, or (ii) in the case of Goods for which other buyers exist or Services not yet performed, or where an action for recovering the price is not otherwise permitted by law, damages equal to the profit (including reasonable overhead) which Seller would have realized had Buyer fully performed or, at Seller’s option, 20% of the contract price as liquidated damages, plus, in the case of special orders, Seller’s expenses, if any, incurred prior to receipt by Seller of notice of cancellation by Buyer, in connection with providing special services, developing special tooling, purchasing special supplies and the like. In each situation set out in (i) and (ii) above, Seller shall also be entitled to recover any applicable costs of collection, the lesser of 18% interest per annum or the maximum interest rate permitted by law, and Seller's reasonable attorney's fees ("Costs") incurred as a result of Xxxxx'x wrongful non acceptance.
CANCELLATION. This Section will terminate automatically in the event the Aviation Products and Grounding Liability Insurance, to which this Section is attached, is cancelled or terminated. The Insured shall and will at all times exercise reasonable care in seeing that the ways, implements, plant, machinery and appliances used in the Insured’s business are substantial and sound and in proper order and fit for the purpose for which they are used, and that all reasonable safeguards and precautions against accidents are provided and used.
CANCELLATION. If pursuant to Article 1.06A, the Borrower cancels: