Common use of STORAGE COSTS Clause in Contracts

STORAGE COSTS. Subject to Article 35.4, Purchaser shall pay Contractor for any Ground Storage in excess of [***] at the rate of [***] US Dollars ($[***]) per month (which shall include all insurance costs) plus the Actual Costs of any post-storage re-verification testing that is required due to the Satellite being in Ground Storage in excess of [***]. In addition, Contractor shall begin to earn its Orbital Performance Incentives thirty (30) days after the date the Spacecraft is placed in Ground Storage, and Purchaser shall begin making the quarterly payments of earned Orbital Performance Incentives at the end of the [***] full calendar month thereafter. While the Satellite is in storage, the Satellite shall be deemed to have no Transponder Failures for purposes of calculating Orbital Performance Incentives. The foregoing shall be Purchaser’s sole liability for Storage Costs.