Common use of Termination Payment Calculation Clause in Contracts

Termination Payment Calculation. (a) If an Early Termination Date has been designated, the Non-Defaulting Party shall in good faith calculate its Gains, Losses and Costs resulting from the termination of the Terminated Transactions. As used herein with respect to each Party:

Appears in 1 contract

Sources: Master Energy Purchase and Sale Agreement (Callaway Golf Co /Ca)

Termination Payment Calculation. (a) If an Early Termination Date has been designated, the Non-Defaulting Party shall in good faith calculate its Gains, Losses and Costs resulting from the termination of the Terminated Transactions. As used herein with respect to each Party:

Appears in 1 contract

Sources: Master Energy Purchase and Sale Agreement