Common use of Effect on Term Clause in Contracts

Effect on Term. A Party experiencing an event of Force Majeure and not otherwise in default under this Agreement may elect to extend this Agreement equivalent to the duration of such event of Force Majeure; provided, however that under no circumstance shall such extension exceed one hundred eighty (180) Days from the conclusion of the original Term. Equal Employment Opportunity. (Applicable to all contracts of $10,000 or more in the whole or aggregate (41 CFR 60-1.4 and 41 CFR 60-741.5)). Supplier is aware of and is fully informed of Supplier’s responsibilities under Executive Order 11246 (reference to which include amendments and orders superseding in whole or in part) and shall be bound by and agrees to the provisions as contained in Section 202 of said Executive Order and the Equal Opportunity Clause as set forth in 41 CFR 60-1.4 and 41 CFR 60-741.5(a), which clauses are hereby incorporated by reference.

Appears in 2 contracts

Sources: Grid Services Purchase Agreement, Grid Services Purchase Agreement