Common use of Daily Rate of Orbital Performance Incentives Clause in Contracts

Daily Rate of Orbital Performance Incentives. Subject to Articles 13.1.2 and 13.5, Contractor shall earn Orbital Performance Incentives over the Orbital Performance Incentive Period at a daily rate calculated by dividing the total amount of Orbital Performance Incentives by [***] (the “Daily Rate”) for each day that there is no Transponder Failure. [***].

Appears in 2 contracts

Sources: Contract (Hughes Communications, Inc.), Contract (Hughes Network Systems, LLC)