Common use of Contract Adjustments Clause in Contracts

Contract Adjustments. Contractor shall furnish the 4th and 5th Optional Satellites in accordance with the provisions of the documents constituting this Contract. Except as otherwise required by the terms and conditions of this Article 30.5 (4th and 5th Optional Satellites), the contract terms and conditions for such Optional Satellite(s) will be identical to the Terms and Conditions of this Contract, except that (i) liquidated damages for late delivery shall be [***] for each such Optional Satellite, and (ii) the in-orbit performance incentive payments shall be [***] for each such Optional Satellite, and (iii) such terms shall include no other deferred payments unless mutually agreed by the Parties.

Appears in 2 contracts

Samples: Satellite Purchase Contract (Xm Satellite Radio Holdings Inc), Satellite Purchase Contract (Xm Satellite Radio Holdings Inc)

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Contract Adjustments. Contractor shall furnish the 4th and 5th Optional Satellites in accordance with the provisions of the documents constituting this Contract. Except as otherwise required by the terms and conditions of this Article 30.5 (4th and 5th Optional Satellites), the contract terms and conditions for such Optional Satellite(s) will be identical to the Terms and Conditions of this Contract, except that (i) liquidated damages for late delivery shall be [*****] for each such Optional Satellite, and (ii) the in-orbit performance incentive payments shall be [*****] for each such Optional Satellite, and (iii) such terms shall include no other deferred payments unless mutually agreed by the Parties.

Appears in 1 contract

Samples: Satellite Purchase Contract (Xm Satellite Radio Holdings Inc)

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Contract Adjustments. Contractor shall furnish the 4th and 5th Optional Satellites in accordance with the provisions of the documents constituting this Contract. Except as otherwise required by the terms and conditions of this Article 30.5 (4th and 5th Optional Satellites), the contract terms and conditions for such Optional Satellite(s) will be identical to t o the Terms and Conditions of this Contract, except that (i) liquidated damages for late delivery shall be [*****] for each such Optional Satellite, and (ii) the in-orbit performance incentive payments shall be [*****] for each such Optional Satellite, and (iii) such terms shall include no other deferred payments unless mutually agreed by the Parties.

Appears in 1 contract

Samples: Satellite Purchase Contract (Xm Satellite Radio Holdings Inc)

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