Common use of Guidance Notes Clause in Contracts

Guidance Notes. Clause 68.1 allows the Purchaser to recover retendering costs after having to terminate the contract for Default. See also clause 12 (Recovery of Sums Due) which will allow the Purchaser to set-off sums due to the Service Provider under the Contract or otherwise. Please note that “expiry or termination” includes the making of a Judicial Order. Clause 68.2 is intended to make it clear that no compensatory payments are to be made to the Service Provider on expiry/termination/Judicial Order except as specifically provided elsewhere. Other consequences of termination or expiry are detailed in (Exit Management).

Guidance Notes. Clause 68.1 allows the Purchaser to recover retendering costs after having to terminate the contract for Default. See also clause 12 (Recovery of Sums Due) which will allow the Purchaser to set-off sums due to the Service Provider under the Contract or otherwise. Please note that “expiry or termination” includes the making of a Judicial Order. Clause 68.2 is intended to make it clear that no compensatory payments are to be made to the Service Provider on expiry/termination/Judicial Order except as specifically provided elsewhere. Other consequences of termination or expiry are detailed in Schedule 11 (Exit Management).

Guidance Notes. Clause 68.1 allows the Purchaser to recover retendering costs after having to terminate the contract for Default. See also clause 12 12. (Recovery of Sums Due) which will allow the Purchaser to set-off sums due to the Service Provider under the Contract or otherwise. Please note that “expiry or termination” includes the making of a Judicial Order. Clause 68.2 is intended to make it clear that no compensatory payments are to be made to the Service Provider on expiry/termination/Judicial Order except as specifically provided elsewhere. Other consequences of termination or expiry are detailed in Error: Reference source not found (Exit Management).

Guidance Notes. Clause 68.1 allows the Purchaser to recover retendering costs after having to terminate the contract for Default. See also clause 12 (Recovery of Sums Due) which will allow the Purchaser to set-off sums due to the Service Provider under the Contract or otherwise. Please note that “expiry or termination” includes the making of a Judicial Order. Clause 68.2 is intended to make it clear that no compensatory payments are to be made to the Service Provider on expiry/termination/Judicial Order except as specifically provided elsewhere. Other consequences of termination or expiry are detailed in 0 (Exit Management).