After Termination for Default Clause Samples

The "After Termination for Default" clause outlines the rights and obligations of the parties following the termination of a contract due to one party's failure to meet its contractual duties. Typically, this clause specifies actions such as the return of materials, payment for completed work, or the handling of confidential information after the contract ends. Its core function is to ensure an orderly and fair resolution of outstanding matters, minimizing disputes and clarifying each party's responsibilities after a default-triggered termination.
After Termination for Default. Upon any termination by Tesla pursuant to this Section 21(a), Supplier shall: (1) continue to supply any portion of the Items for which this Agreement is not cancelled; (2) be liable for additional costs, if any, incurred by Tesla for the purchase of similar goods and services to cover such default; and (3) at Tesla’s request, transfer title and deliver to Tesla: (A) any completed Items, (B) any partially completed Items, and (C) all unique materials and tooling subject or relating to the termination. Termination of the Agreement under this Section 21(a) shall constitute “cancellation” under the Uniform Commercial Code as adopted in California.
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After Termination for Default. Upon any termination by Applied pursuant to this Section 21(a), Supplier shall: (1) continue to supply any portion of the Items for which this Agreement is not cancelled; (2) be liable for [*] additional costs, if any, incurred by Applied for the purchase of similar goods and services to cover such default, provided that (a) if the termination for default is of an Authorized Demand Signal, such additional costs shall be [*] (which cost may include premium costs for expedited delivery and administrative costs), provided that [*] [*], and (b) if the termination for default is of this Agreement, such additional costs shall be for (i) the [*] at the time of such termination, plus (ii) [*] (which cost may include premium costs for expedited delivery and administrative costs) for commercially reasonable substitutes for those Items, provided that the cost differential for each Item [*], and provided that the cost differential will [*] where such purchases are made by Applied [*] as defined below; and
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Related to After Termination for Default

  • Termination for Default The Commonwealth may terminate this Agreement by notice where it reasonably believes the Grantee: (a) has breached this Agreement; or (b) has provided false or misleading statements in their application for the Grant; or (c) has become bankrupt or insolvent, entered into a scheme of arrangement with creditors, or come under any form of external administration.

  • SUSPENSION & TERMINATION FOR DEFAULT Enterprise Services may suspend Contractor’s operations under this Contract immediately by written cure notice of any default. Suspension shall continue until the default is remedied to Enterprise Services’ reasonable satisfaction; Provided, however, that, if after thirty (30) calendar days from such a suspension notice, Contractor remains in default, Enterprise Services may terminate Contractor’s rights under this Contract. All of Contractor’s obligations to Enterprise Services and Purchasers survive termination of Contractor’s rights under this Contract, until such obligations have been fulfilled.

  • Earlier Termination This Agreement may be terminated earlier as hereinafter provided.

  • Erroneous Termination for Default If, after notice of termination of Vendor’s right to proceed under the provisions of this clause, it is determined for any reason that the contract was not in default, or that the delay was excusable under the provisions of the prior paragraph (Excuse for Nonperformance or Delayed Performance), the rights and obligations of the parties shall be the same as if the notice of termination had been one of termination for convenience.

  • Survival After Termination The agreement to arbitrate will survive the termination of this Agreement.