Examples of Section 16(b in a sentence
Except as allowed in Section 16(b) below, the Parties will comply with the terms of the nondisclosure agreement between Fueling Vendor and Amazon (or Affiliate of Amazon) dated as of April 24, 2018 or any other nondisclosure agreement between Fueling Vendor and Amazon (or Affiliate of Amazon) in effect during the term of this Agreement (“NDA”).
Further, if Buyer does not make the initial payment or provide the required Payment Security in a timely manner in accordance with the terms of this Agreement (a “Delayed NTP”), in addition to Honeywell’s right to terminate under Section 16(b) (Termination), Honeywell shall have the right to an equitable adjustment in pricing and/or any milestones or delivery date(s) as a result of such Delayed NTP, which shall be memorialized as a Change Order.