Common use of Periodic Certifications Clause in Contracts

Periodic Certifications. Beginning (***) prior to the start of the Launch Period and on each (***) anniversary thereafter (***). In the event of an anticipated delay in production of the Launch Vehicle or Payload (as applicable), the Party experiencing the delay shall provide a bona fide estimate of the duration of the delay. Any delay notice provided in accordance with this Section 6.4 (Periodic Certifications) shall not be deemed as an approval or waiver by Customer or Contractor, respectively, for a delay of the Launch Date or delivery of the Payload, as applicable. Notwithstanding the foregoing, the Parties acknowledge and agree that delay fees (described in Section 11 (Delays)) shall only apply to actual Launch delays and not anticipated production delays and any certification provided under this Section 6.4 (Periodic Certifications) shall not constitute a request by either Party for postponement of the Launch Date.