Consequences of Non-Performance Sample Clauses
The "Consequences of Non-Performance" clause defines what happens if a party fails to fulfill its contractual obligations. Typically, this clause outlines the remedies available to the non-breaching party, such as the right to claim damages, terminate the agreement, or require specific performance. For example, if one party does not deliver goods or services as promised, the other party may be entitled to compensation or may be released from their own obligations. The core function of this clause is to clarify the repercussions of non-performance, thereby managing risk and providing a clear framework for resolving breaches.
Consequences of Non-Performance. (a) If, in a Contract Year, the Contractor carries out less Exploration than is required of it under the Exploration Work Programme and Budget, the Designated Authority may:
(i) require that the shortfall be added to the Exploration to be carried out in the next Contract Year;
(ii) require payment of the estimated cost of the Exploration not carried out in that Contract Year; or
(iii) terminate this Agreement and require payment of the estimated cost of the Exploration not carried out in that Contract Year.
(b) If, in a Contract Year, the Contractor carries out more Exploration than is required of it, the excess shall be credited against Exploration to be carried out in the following Contract Year and, to the extent in excess of that Exploration, shall be further carried forward.
(c) For the purposes of the foregoing provisions of this Article 4, and of Article 6 and ▇▇▇▇▇ C and except with the consent of the Designated Authority, no work in a Development Area will be regarded as Exploration except to the extent in respect of a formation shallower or deeper than the Field concerned and in which no Discovery has been made.
Consequences of Non-Performance. Failure to fully satisfy all of the requirements/criteria set forth in Section 3.1 (Performance/Certification), Iowa Code chapter 8B, and Iowa Administrative Code chapter 129—22, as may be verified pursuant to and in accordance with Section 3.2 (Field Testing), or failure to otherwise to complete the Project as represented in the Application, may result in the Office’s denial of a request for reimbursement for any or all expenditures related to the Project, and Grantee shall not otherwise be entitled to reimbursement for any such expenditures.
Consequences of Non-Performance. Where the failure of the Council to perform in accordance with this Agreement leads to loss to the School, then the Council will make good that loss, in particular by meeting such financial penalties that the school shall be subject to as a result of such failure.
Consequences of Non-Performance. By April 7, 2001, the Investor shall have delivered to the Company a certificate, sworn to and executed by a duly authorized officer of the Investor, representing that the services set forth in Section 9.1 herein have been rendered. If such services have not been rendered, the Investor shall have an additional 12-month period to either (a) expend an additional amount of money so that the Investor has spent an aggregate of $840,000 for the services it was to provide pursuant to Section 9.1; (b) pay cash to the Company in an amount equal to the difference between $840,000 and the amount the Investor incurred for services already rendered; or (c) return the appropriate number of Shares to the Company so that the total number of Shares actually retained by the Investor will equal $7.51 per Share, based on $6.67 million purchase price paid plus the value of the services rendered for the Investor Interest on the date hereof.
Consequences of Non-Performance. If the Ministry does not fulfil the established performance standards, the following steps will be taken to address the concerns of affected beneficiaries:
i. Affected beneficiaries are encouraged to escalate any complaints they may have by either contacting the GRM (Grievance Redress Mechanism) desk officer directly or by completing the GRM form available on the State's official website at ▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇.▇▇. It is important for beneficiaries to clearly articulate their issues to ensure they are adequately addressed.
ii. Upon receipt of the complaints, the Ministry will promptly acknowledge the identified shortcomings. A thorough review of the situation will be conducted, and a suitable corrective redress action will be proposed to rectify the issues and ensure such lapses do not occur in the future. This process aims to uphold accountability and maintain the trust of the beneficiaries.