Key Contract Provisions Sample Clauses
The 'Key Contract Provisions' clause identifies and highlights the most important terms and conditions within a contract. It typically outlines essential elements such as payment terms, delivery obligations, liability limitations, dispute resolution mechanisms, and termination rights, ensuring that both parties are aware of their primary responsibilities and protections. By clearly summarizing these critical points, this clause helps prevent misunderstandings and disputes by focusing attention on the provisions that have the greatest impact on the contractual relationship.
Key Contract Provisions. Each Key Contract shall:
10.3.2.1 Expressly include the requirements and provisions set forth in this Agreement applicable to Contractors regarding Intellectual Property rights and licenses;
10.3.2.2 Expressly require the Key Contractor to participate, at Developer’s request, in meetings between Developer and TxDOT concerning matters pertaining to such Key Contractor, its work or the coordination of its work with other Contractors, provided that all direction to such Key Contractor shall be provided by Developer, and provided further that nothing in this Section shall limit the authority of TxDOT or the Independent Engineer to give such direction or take such action as in its opinion is necessary to remove an immediate and present threat to the safety of life or property;
10.3.2.3 Include an agreement by the Key Contractor to give evidence in any dispute resolution proceeding pursuant to Section 17.8, if such participation is requested by either TxDOT or Developer;
10.3.2.4 Without cost to Developer or TxDOT, and subject to the rights of the Collateral Agent set forth in Article 20, expressly permit assignment to TxDOT or its successor, assign or designee of all Developer’s rights under the Key Contract, contingent only upon delivery of written request from TxDOT following termination or expiration of this Agreement, allowing TxDOT or its successor, assign or designee to assume the benefit of Developer’s rights with liability only for those remaining obligations of Developer accruing after the date of assumption, such assignment to include the benefit of all Key Contractor warranties, indemnities, guarantees and professional responsibility;
10.3.2.5 Expressly state that any acceptance of assignment of the Key Contract to TxDOT or its successor, assign or designee shall not operate to make the assignee responsible or liable for any breach of the Key Contract by Developer or for any amounts due and owing under the Key Contract for work or services rendered prior to assumption (but without restriction on the Key Contractor’s rights to suspend work or demobilize due to Developer’s breach);
10.3.2.6 Expressly include a covenant to recognize and attorn to TxDOT upon receipt of written notice from TxDOT that it has exercised step-in rights under this Agreement, without necessity for consent or approval from Developer or to determine whether TxDOT validly exercised its step-in rights, and Developer’s covenant to waive and release any claim or cause of action again...
Key Contract Provisions. Each Key Contract shall:
Key Contract Provisions. Each Key Contract shall:
7.3.2.1 Require the Key Contractor to carry out its scope of work in accordance with the PPA Documents, the Governmental Approvals, applicable Law, and plans, systems and manuals developed and used by Developer pursuant to the PPA Documents; Law;
Key Contract Provisions. Each Key Contract shall:
10.3.2.1 Expressly include the requirements and provisions set forth in this Agreement applicable to Contractors regarding Intellectual Property rights and licenses;
10.3.2.2 Expressly require the Key Contractor to participate in meetings between Developer and TxDOT concerning matters pertaining to such Key Contractor, its work or the coordination of its work with other Contractors, provided that all direction to such Key Contractor shall be provided by Developer, and provided further that nothing in this Section shall limit the authority of TxDOT or the Independent Engineer to give such direction or take such action as in its opinion is necessary to remove an immediate and present threat to the safety of life or property;
10.3.2.3 Include an agreement by the Key Contractor to give evidence in any dispute resolution proceeding pursuant to Section 17.8, if such participation is requested by either TxDOT or Developer;
10.3.2.4 Without cost to Developer or TxDOT, and subject to the rights of the Collateral Agent set forth in Article 20, expressly permit assignment to TxDOT or its successor, assign or designee of all Developer’s rights under the Key Contract, contingent only upon delivery of written request from TxDOT following termination or expiration of this Agreement, allowing TxDOT or its successor, assign or designee to assume the benefit of Developer’s rights with liability only for those remaining obligations of Developer accruing after the date of assumption, such assignment to include the benefit of all Key Contractor warranties, indemnities, guarantees and professional responsibility;
Key Contract Provisions. Each Key Contract shall:
7.3.2.1 Require the Key Contractor to carry out its scope of work in accordance with the PPA Documents, the Governmental Approvals, applicable Law, and plans, systems and manuals developed and used by Developer pursuant to the PPA Documents; applicable Law;
7.3.2.2 Include a covenant to maintain all licenses required by
7.3.2.3 Set forth a standard of professional responsibility or a standard for commercial practice equal to the requirements of the PPA Documents and in accordance with Good Industry Practice for work of similar scope and scale;
7.3.2.4 Set forth representations, warranties, guaranties and liability provisions of the Key Contractor in accordance with Good Industry Practice for work of similar scope and scale;
7.3.2.5 Expressly state that all remaining warranties and guarantees, express or implied, shall inure to the benefit of IFA and its successors and assigns upon expiration of the term or earlier termination of this Agreement;
7.3.2.6 Require the Key Contractor to procure the applicable Payment Bond and Performance Security (as applicable) required under Section 17.2, if any, prior to commencement of any work by or on behalf of the Key Contractor;
7.3.2.7 Expressly provide that the Key Contractor shall have no right to suspend or demobilize unless and until it delivers to IFA Notice of the other contracting party’s breach or default;
7.3.2.8 Require the personal services of and not be assignable by the Key Contractor without Developer’s and IFA’s prior written consent, provided that this provision shall not prohibit the subcontracting of portions of the Work;
7.3.2.9 Expressly include the requirements and provisions set forth in this Agreement applicable to Contractors regarding Intellectual Property rights and licenses;
7.3.2.10 Expressly require the Key Contractor to participate in meetings between Developer and IFA concerning matters pertaining to such Key Contractor, its work or the coordination of its work with other Contractors, provided that all direction to such Key Contractor shall be provided by Developer or other party to the Key Contract, and provided further that nothing in this Section shall limit the authority of IFA to give such direction or take such action as in its opinion is necessary to remove an immediate and present threat to the safety of life or property;
7.3.2.11 Include an agreement by the Key Contractor to give evidence in any dispute resolution proceeding pursuant to Section 19.6, if...
Key Contract Provisions. Each Key Contract shall:
10.3.2.1 Expressly include the requirements and provisions set forth in this Agreement applicable to Contractors regarding Intellectual Property rights and licenses;
10.3.2.2 Expressly require the Key Contractor to participate in meetings between Developer and TxDOT concerning matters pertaining to such Key Contractor, its work
10.3.2.3 Include an agreement by the Key Contractor to give evidence in any dispute resolution proceeding pursuant to Section 17.8, if such participation is requested by either TxDOT or Developer;
10.3.2.4 Without cost to Developer or TxDOT, and subject to the rights of the Collateral Agent set forth in Article 20, expressly permit assignment to TxDOT or its successor, assign or designee of all Developer’s rights under the Key Contract, contingent only upon delivery of written request from TxDOT following termination or expiration of this Agreement, allowing TxDOT or its successor, assign or designee to assume the benefit of Developer’s rights with liability only for those remaining obligations of Developer accruing after the date of assumption, such assignment to include the benefit of all Key Contractor warranties, indemnities, guarantees and professional responsibility;
Key Contract Provisions. 9.3.2.1 Each Key Contract shall comply with the requirements set forth in Exhibit 14 (Key Contract Provisions).
9.3.2.2 Developer shall enter into a new APM Operating System Contract in the circumstances described in clause (t) of Exhibit 14 (Key Contract Provisions).
Key Contract Provisions. Each Key Contract must include the provisions and comply with the requirements set out in Section 4 of Schedule 9 – Key Contractor and Personnel Requirements.