Common use of TERMINATION UNDER Clause in Contracts

TERMINATION UNDER. Article 13.2 shall discharge all obligations and liabilities of Buyer and Bombardier hereunder with respect to such delayed Aircraft and all related undelivered items and services, except that Bombardier shall promptly repay to Buyer, and Bombardier's sole liability and responsibility shall be limited to the repayment to Buyer, of all advancements for such Aircraft received by Bombardier less, any amount due by Buyer to Bombardier.

Appears in 1 contract

Sources: Master Purchase Agreement (Skywest Inc)

TERMINATION UNDER. Article 13.2 shall discharge all obligations and liabilities of Buyer Northwest and Bombardier hereunder with respect to such delayed Aircraft and all related undelivered items and services, except that Bombardier shall promptly repay (on a pro rata basis if advance payments were made in accordance with Article 5.1 of Schedule I) to BuyerNorthwest, and Bombardier's sole liability and responsibility with respect to such Aircraft shall be limited to the repayment to BuyerNorthwest, of all advancements advance payments for such terminated Aircraft received by Bombardier less, any amount due by Buyer to Bombardier.

Appears in 1 contract

Sources: Purchase Agreement (Northwest Airlines Corp)

TERMINATION UNDER. Article 13.2 shall discharge all obligations and liabilities of Buyer and Bombardier hereunder with respect to such delayed Aircraft and all related undelivered items and services, except that Bombardier shall promptly repay to Buyer, and Bombardier's sole liability and responsibility shall be limited to the repayment to Buyer, of all advancements advance payments for such Aircraft received by Bombardier less, less any amount due by Buyer to Bombardier.

Appears in 1 contract

Sources: Master Purchase Agreement (Skywest Inc)