Common use of Wind-Down Costs Clause in Contracts

Wind-Down Costs. Within ninety (90) days of any Program B Termination Notice under Section 25.4.2 or any termination notice under Section 25.4.3, PARI may notify ABARIS in writing of the reasonable wind-down cost PARI expects to incur as a result of any termination described in such Program B Termination Notice, including reasonable fees owed to third party subcontractors. In the event the Program B Obligations are terminated pursuant to Section 25.4.2 or 25.4.3, subject to the terms and conditions of this Agreement, ABARIS shall pay PARI such reasonable wind-down cost within thirty (30) calendar days after such termination. In the event PARI fails to notify ABARIS of the reasonable wind-down cost under this Section 25.4.4, ABARIS shall not be liable to PARI for such wind-down cost.

Wind-Down Costs. Within ninety (90) days of any Program B A Termination Notice under Section 25.4.2 25.3.2 or any termination notice under Section 25.4.325.3.3, PARI may notify ABARIS in writing of the reasonable wind-down cost PARI expects to incur as a result of any termination described in such Program B A Termination Notice, including reasonable fees owed to third party subcontractors. In the event the Program B A Obligations are terminated pursuant to Section 25.4.2 25.3.2 or 25.4.325.3.3, subject to the terms and conditions of this Agreement, ABARIS shall pay PARI such reasonable wind-down cost within thirty (30) calendar days after such termination. In the event PARI fails to notify ABARIS of the reasonable wind-down cost under this Section 25.4.425.3.4, ABARIS shall not be liable to PARI for such wind-down cost.. 64 *Confidential Treatment Requested