Common use of Effect of Cancellation Clause in Contracts

Effect of Cancellation. In the event and to the extent of any cancellation under this clause, all obligations of the nondefaulting party and all rights and licenses of the defaulting party under the Purchase Order shall thereupon be canceled, but only with respect to the Services covered by the cancellation notice, and all accrued obligations of the defaulting party under the Purchase Order shall survive.

Appears in 3 contracts

Samples: Subscription Services Agreement, Boeing Shared Services Group, Boeing Shared Services Group Data Subscription Services Agreement

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Effect of Cancellation. In the event and to the extent of any cancellation under this clause, all obligations of the nondefaulting party and all rights and licenses of the defaulting party under the Purchase Order Contract shall thereupon be canceled, canceled but only with respect to the Services Maintenance covered by the cancellation notice, and all rights of the nondefaulting party and all accrued obligations of the defaulting party under the Purchase Order Contract shall survive.

Appears in 3 contracts

Samples: Boeing Indirect Supply Chain, Boeing Shared Services Group, Maintenance Agreement

Effect of Cancellation. In the event and to the extent of any cancellation under this clause, all obligations of the nondefaulting party and all rights and licenses of the defaulting party under the Purchase Order Contract shall thereupon be canceled, but only with respect to the Services Goods covered by the cancellation notice, and all rights and licenses of the nondefaulting party and all accrued obligations of the defaulting party under the Purchase Order Contract shall survive.. In the event of a Supplier default, Boeing may request, and Supplier shall deliver, the most currently available Goods. 17

Appears in 1 contract

Samples: Development Agreement (TMS Inc /Ok/)

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Effect of Cancellation. In the event and to the extent of any cancellation under this clause, all obligations of the nondefaulting party and all rights and licenses of the defaulting party under the Purchase Order Contract shall thereupon be canceled, but only with respect to the Services Goods covered by the cancellation notice, and all rights and licenses of the nondefaulting party and all accrued obligations of the defaulting party under the Purchase Order Contract shall survive.. 24

Appears in 1 contract

Samples: Corporate Software License Agreement (TMS Inc /Ok/)

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