Common use of Ground Storage Clause in Contracts

Ground Storage. If after the successful completion of Satellite Pre-Shipment Review, Customer places the Satellite in Ground Storage for reasons not solely or substantially attributable to Boeing, Boeing shall be paid the full amount of all remaining payments that would have been due under the Contract for Milestones subsequent to Launch as if the Satellite had not been placed into Ground Storage. If the Satellite is subsequently launched, Boeing shall retain or repay the amounts calculated for the Capacity OPI or Redundancy OPI in accordance with Article 11.2 (Capacity OPI) and 11.3 (Redundancy OPI).

Appears in 2 contracts

Sources: Commercial Satellite Delivery Contract (Satelites Mexicanos Sa De Cv), Commercial Satellite Delivery Contract (Satelites Mexicanos Sa De Cv)