Corrective Period Sample Clauses
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Corrective Period. In the event of a material breach by either Party of its obligations under the Agreement and/or the Assignment Order, the non-breaching Party shall allow the breaching Party 10 (ten) days for the corrective action or submission of a corrective action plan (the “Corrective Period”). The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. Should no satisfactory corrective action be taken, or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement and/or the Assignment Order. It is acknowledged and agreed by the Parties that the provisions of this Clause 12.3 shall not apply with respect to any of the events listed in Clause 12.4. In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 12.3 shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 13.2 or to pay Damages incurred by the other Party in accordance with the provisions of Clause 13.1.
Corrective Period. In the event of breach by either Party of its obligations under this Agreement, the non-breaching Party shall allow the breaching Party no longer than two (2) days for corrective action or submission of a corrective action plan (hereinafter, the “Corrective Period”). The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. Should no satisfactory corrective action be taken, or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement. It is acknowledged and agreed by the Parties that the provisions of this Clause 8.2. shall not apply with respect to any of the events enumerated in accordance with Clause 8.5. In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 8.2 shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 17.2 or to pay Damages incurred by the other Party in accordance with the provisions of Clause 17.3 of this Agreement.
Corrective Period. In the event of a material breach by either Party of its obligations under this Agreement, the non-breaching Party shall allow the breaching Party fourteen (14) days for corrective action or submission of a corrective action plan (the “Corrective Period”). The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. Should no satisfactory corrective action be taken, or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement or the particular Assignment Order. It is acknowledged and agreed by the Parties that the provisions of this Clause 13.2 shall not apply with respect to any of the events enumerated in accordance with Clause 13.3. In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 13.2 shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 14.2 or to pay Damages incurred by the other Party in accordance with the provisions of Clause 14.3 upon the Principal`s request. To clarify the Corrective Period is not applied where the breach of the Agreement is related to Defects and Acceptance procedures as specified in Clauses 13.1.2 and 13.1.3 as in these cases the purpose of the Corrective Period is fulfilled by the Cure Period and its prior application.
Corrective Period. In the event of breach by either Party of its obligations under this Agreement, the non- breaching Party shall allow the breaching Party fourteen (14) days for corrective action or submission of a corrective action plan (the “Corrective Period”). The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. Should no satisfactory corrective action be taken, or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement.
Corrective Period. In the event of breach by either Party of its obligations under this Agreement, the non-breaching Party shall allow the breaching Party seven (7) days for corrective action or submission of a corrective action plan (the “Corrective Period”). The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. Should no satisfactory corrective action be taken, or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement. It is acknowledged and agreed by the Parties that the provisions of this Clause 12.2 of this Agreement shall not apply with respect to any of the events listed in accordance with Clause 12.3 of this Agreement. In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 12.2 of this Agreement shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 13.2 of this Agreement or to pay Damages incurred by the other Party in accordance with the provisions of Clause 13.3 of this Agreement. For the sake of clarity, the Corrective Period is not applied in case of material breach under Clause 12.1(b) or Clause 12.1(c), as in these cases the purpose of the Corrective Period is fulfilled by the Cure Period or the term specified in the Objection Notice, as the case may be, and their prior application.
Corrective Period. In the event of breach by either Party of its obligations under this Agreement, the non- breaching Party shall allow the breaching Partyseven (7) days for corrective action or submission of a Corrective Period The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach.Should no satisfactorycorrective action be taken or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the ▇▇▇▇▇▇▇▇▇.▇▇ is acknowledged and agreed by the Parties that the provisions of this Clause 9.2 shall not apply with respect to any of the events enumerated in accordance with Clause
Corrective Period. Cure Period asdefined in accordancewith Clause7.3.
Corrective Period. Damages Person.
Corrective Period with Clause 9.2 of this Agreement.
Corrective Period as defined in accordance with Clause 16 (p) Damages Person.
