Terminal Island Facility Sample Clauses

Terminal Island Facility. To the extent that Impress is entitled to be reimbursed for any costs, expenses or losses pursuant to Sections 4.13 and 4.14 of the Supply Agreement, Del Monte shall be liable for such costs, expenses or losses payable to Impress. As between Del Monte and Buyer, Buyer shall be required to reimburse Del Monte for Buyer’s pro rata share of such costs, expenses or losses within sixty (60) days of Del Monte’s payment to Impress. Buyer’s pro rata share shall be determined based upon the Buyer’s percent of the total production of the Impress Terminal Island Facility related to the Business for the twelve months preceding the date the lease for the Terminal Island Facility is terminated. Buyer shall be required to reimburse Del Monte such that neither Del Monte’s nor Buyer’s liability under this Section 2(i) shall exceed their respective pro rata share of the reimbursement to Impress and in no event shall the aggregate liability of Del Monte and Buyer exceed the total amount of costs, expenses and losses as defined in Section 4.13 actually incurred by Impress.
Sample 1
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Terminal Island Facility. The sublease of the Terminal Island Facility to Impress by DLM shall terminate effective at the end of the Current Period. The parties will work together in good faith to negotiate for an agreement whereby both of the parties may remain on the Terminal Island property as long as possible. As long as is legally and commercially feasible to do so, the parties will attempt to negotiate on a mutually agreeable arrangement that may include a direct relationship between Impress and the Port of Los Angeles. If at any time after the end of the Current Period, the Port of Los Angeles decides, despite the good faith efforts of the parties as described in this Section 4.14, that the real estate permit for the parties to remain on Terminal Island will be modified in any way, each party will be responsible for its own * CONFIDENTIAL INFORMATION HAS BEEN OMITTED AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION relocation or other costs described in Section 4.13(z) above. Notwithstanding anything to the contrary herein, if DLM (i) requires Impress to leave the subleased property despite the Port of Los Angeles allowing both parties to remain with no material change to the real estate permit with respect to the space currently occupied by the parties; or (ii) lobbies to remove Impress from Terminal Island, then DLM shall reimburse Impress for the costs, expenses and losses as set forth in Section 4.13(z)(A), (B) and (C).
Sample 1

Related to Terminal Island Facility

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