Common use of Wind-Down Costs Clause in Contracts

Wind-Down Costs. Within ninety (90) days of any Program A Termination Notice under Section 25.3.2 or any termination notice under Section 25.3.3, 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 A Termination Notice, including reasonable fees owed to third party subcontractors. In the event the Program A Obligations are terminated pursuant to Section 25.3.2 or 25.3.3, 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 25.3.4, ABARIS shall not be liable to PARI for such wind-down cost. 64 *Confidential Treatment Requested

Wind-Down Costs. Within ninety (90) days of any Program A B Termination Notice under Section 25.3.2 25.4.2 or any termination notice under Section 25.3.325.4.3, 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 A B Termination Notice, including reasonable fees owed to third party subcontractors. In the event the Program A B Obligations are terminated pursuant to Section 25.3.2 25.4.2 or 25.3.325.4.3, 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 25.3.425.4.4, ABARIS shall not be liable to PARI for such wind-down cost. 64 *Confidential Treatment Requested.