Common use of Reflight Clause in Contracts

Reflight. If the LSA Party shall be entitled to but shall not request a Reflight, with respect to the Launch, within one hundred and eighty (180) days following the original date of Launch, and a mandatory prepayment shall become due and payable pursuant to Section 2.05(b) of the Customer Loan Agreement, the LSA Party and AE hereby agree that the LSA Party shall be deemed to have exercised its right to request such Reflight, the Launch Services Agreement shall automatically terminate with respect thereto and AE shall refund a portion of the Launch Costs to the LSA Party with respect thereto, as set forth in that section of the Launch Services Agreement governing termination payments, subject to the application of the payment direction set forth in Section 3(b). If the LSA Party shall be entitled to and shall have requested a Reflight with respect to the Launch, but then terminate such Reflight, Section 3(a) shall govern the refund of Launch Costs with respect thereto.