Contract Execution and Performance Sample Clauses

Contract Execution and Performance. A. Performance of this contract shall start after all approvals have been obtained and the contract is fully executed. The contract is considered fully executed upon approval by DGS, Office of Legal Services. Should the Contractor fail to commence work at the agreed upon time, the awarding agency, upon five (5) calendar days written notice to the Contractor, reserves the right to terminate the contract. In addition, the Contractor shall be liable to the State for the difference between Contractor’s proposed price and the actual cost of acquiring services from another contractor. B. The MSA will establish a list of qualified Contractors, which shall be ranked based on a low cost. State and local governmental entities shall request services from the list of awarded Contractors based on lowest cost or through a Request for Offer (RFO) as further detailed in the Proposed Form of Agreement, Exhibit A, (Attachment 13). C. A User Guide will be prepared and administered by the DGS Contract Administrator assigned to this MSA. All Requesting Agencies must refer to the User Guide before utilizing the Ranked or RFO Contractor selection process.
Contract Execution and Performance a. Performance of this contract shall start after all approvals have been obtained and the contract is fully executed. The contract is considered fully executed upon approval by DGS/PD. Should the Contractor fail to commence work at the agreed upon time, the awarding agency, upon five (5) calendar days written notice to the Contractor, reserves the right to terminate the contract. In addition, the Contractor shall be liable to the State for the difference between Contractor’s proposed price and the actual cost of acquiring services from another contractor. b. State and local governmental entities shall request services from the awarded Contractor through a Subsidiary Agreement as further detailed in the Sample Standard Agreement STD 213, Exhibit A, (Attachment 8). c. A User Guide will be prepared and administered by the DGS Contract Administrator assigned to this MSA. All User Agencies must refer to the User Guide before executing a Subsidiary Agreement.

Related to Contract Execution and Performance

  • Execution, Delivery and Performance The execution, delivery and performance of this Agreement and the documents or instruments required under this Agreement will not violate any provision of any existing law or regulation binding on the Manager, or any order, judgment, award or decree of any court, arbitrator or governmental authority binding on the Manager, or the governing instruments of, or any securities issued by, the Manager or of any mortgage, indenture, lease, contract or other agreement, instrument or undertaking to which the Manager is a party or by which the Manager or any of its assets may be bound, the violation of which would have a material adverse effect on the business operations, assets or financial condition of the Manager and its subsidiaries, taken as a whole, and will not result in, or require, the creation or imposition of any lien on any of its property, assets or revenues pursuant to the provisions of any such mortgage indenture, lease, contract or other agreement, instrument or undertaking.

  • Delivery and Performance All work performed under contracts or task orders will be at the highest quality applicable and delivered according to Statement of Objectives (SOO), Statement of Works (SOW), or Performance Work Statements (PWS). The Contractor must deliver and perform according to the requirements of the contract or task order, and may be denied further work for substandard performance. The Government may include deliveries or performance requirements, such as (1) optional clauses, (2) agency clauses, or (3) specific clauses, in a contract or task order.

  • Payment and Performance The Borrower will pay all amounts due under the Loan Documents in accordance with the terms thereof and will observe, perform and comply with every covenant, term and condition expressed or implied in the Loan Documents. The Borrower will cause each other Loan Party to observe, perform and comply with every such term, covenant and condition in any Loan Document.

  • Payment and Performance of Obligations Pay and perform all material Obligations under this Agreement and the other Loan Documents, and pay or perform (a) all taxes, assessments and other governmental charges that may be levied or assessed upon it or any of its property, and (b) all other indebtedness, obligations and liabilities in accordance with customary trade practices; except to the extent that IPT or the Borrower is contesting any item described in clauses (a) or (b) of this Section 7.5 in good faith and is maintaining adequate reserves with respect thereto in accordance with GAAP.

  • Continuity of Service and Performance Unless otherwise agreed in writing, the Parties shall continue to provide service and honor all other commitments under this Agreement during the course of a Dispute with respect to all matters not subject to such Dispute.