Common use of ACCEPTANCE OF WORK PRODUCT DELIVERIES Clause in Contracts

ACCEPTANCE OF WORK PRODUCT DELIVERIES. 4.1 Services and Work Product that are specifically identified in an applicable Engagement Schedule as being subject to acceptance testing, will be subject to Prudential's reasonable satisfaction and approval. Prudential is not required to pay for any Services or Work Product reasonably deem unacceptable by Prudential. Prudential shall notify Vendor of its acceptance or rejection within sixty (60) days or such other review period as may be specified in the applicable Engagement Schedule. Prudential shall not unreasonably withhold its acceptance. Prudential shall specifically state in its rejection the manner in which the Work Product is not acceptable to Prudential. In the event of rejection, Vendor shall correct any deficiencies and shall resubmit such Work Product within five (5) days, or such other correction period as may be specified in the applicable Engagement Schedule, for review and/or testing by Prudential. Acceptance shall occur upon receipt by Vendor of written notification from Prudential that the Work Product has been reviewed and/or tested by Prudential and has been accepted.

Appears in 9 contracts

Samples: Master Services Agreement (Pruco Life of New Jersey Variable Appreciable Account), Master Services Agreement (Pruco Life of New Jersey Variable Appreciable Account), Master Services Agreement (Pruco Life of New Jersey Variable Appreciable Account)

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