Examples of Early Termination in a sentence
Except as provided in the Early Termination and Transfer and/or Assigns sections with respect to Customer’s liability upon termination or transfer of the Agreement, no Party shall be liable to the other Party for any indirect, special, punitive, exemplary, incidental, or consequential damages, whether arising in contract, tort, under statute, or in equity, and each Party hereby waives its rights to any such damages.
If the Non-Defaulting Party establishes an Early Termination Date, then the Non-Defaulting Party shall calculate its Gains or Losses and Costs resulting from the termination as of the Early Termination Date, in a Commercially Reasonable Manner.
However, in the absence of a further agreement, the Notice of Early Termination will be effective, and Solstra will have no further obligations under this Agreement.
Notice of Early Termination will be provided in accordance Section 19.6 below, setting forth the basis for early termination and will be effective thirty (30) days from delivery.
Where an Event of Default is specified herein and is governed by a system of law which does not permit termination to take place after the occurrence of the relevant Event of Default in accordance with the terms of this Agreement an Event of Default and Early Termination Date shall be deemed to have occurred immediately upon any such event and no prior written notice shall be required.