Common use of Termination and Damages Clause in Contracts

Termination and Damages. The parties acknowledge that it is their express intent that Buyer is obligated to purchase and Seller is obligated to deliver the Contract Quantity over the Term of this Agreement, and that the basis and circumstances under which the parties may terminate this Agreement prior to the expiration of the Term of this Agreement are expressly limited to the terms of this Section 11.

Appears in 2 contracts

Samples: Long Term Supply Agreement (Sunpower Corp), Long Term Supply Agreement (Sunpower Corp)

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Termination and Damages. The parties acknowledge that it is their express intent that Buyer is obligated to purchase and Seller is obligated to deliver supply the Contract Quantity over the Term of this Agreement, and that the basis and circumstances under which the parties may terminate this Agreement prior to the expiration of the Term of this Agreement are expressly limited to the terms of this Section 11.

Appears in 2 contracts

Samples: Long Term Supply Agreement (JA Solar Holdings Co., Ltd.), Term Supply Agreement (JA Solar Holdings Co., Ltd.)

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