MERCY Sample Clauses
The MERCY clause allows one party to show leniency or forgiveness to the other party regarding certain breaches or failures under the contract. In practice, this might mean waiving penalties, extending deadlines, or not enforcing specific rights in situations where strict enforcement would be harsh or unfair. The core function of this clause is to provide flexibility and promote fairness, helping to maintain a cooperative relationship between the parties and prevent disproportionate consequences for minor or unintentional infractions.
MERCY. Mercy is an inherent attribute of God and is the expression of His grace policy toward all of His creatures as well as an expression of the Church-age believer's royal family honor code.
MERCY. To be effective, an Exclusion Statement must be submitted or mailed before the Objection/Exclusion Deadline.
MERCY. No employee shall suffer a reduction in pay or lose a better working condition, cost or non-cost, because of anything covered in this Contract nor shall an employee be deprived of any increase or better benefit outlined herein. No employee receiving in excess of the herein outlined wage rates or any better condition shall suffer a loss of such higher rate or better working condition by reason of anything in this contract.
MERCY. Mercy hereby covenants and agrees to purchase an integrated critical care and cardiovascular system from Buyer for Two Hundred-Fifty Thousand Dollars ($250,000) pursuant to a license agreement executed on the date hereof and attached hereto as Exhibit A hereto (the "Mercy Agreement"). Mercy acknowledges that such integrated system is a product under development by Buyer and is not yet generally available for purchase by Buyer's customers. Full payment will be made by Mercy and delivery of the system will be made by Buyer as stated in the Mercy Agreement.