Common use of Modified Prime Contract Requirements Clause in Contracts

Modified Prime Contract Requirements. Subcontractor acknowledges that the Prime Contract may be modified such that additional or modified requirements may need to be reflected in this Subcontract. In such event, VEIC will propose an amendment to this Subcontract to reflect the additional or modified Prime Contract terms and conditions. If Subcontractor fails to execute the proposed Subcontract amendment within the time period requested by VEIC, Subcontractor understands and accepts that VEIC may terminate this Subcontract immediately, in which case the provisions of Sections 15.b and 15.c above shall apply.

Appears in 2 contracts

Samples: Protective Agreement, Protective Agreement

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Modified Prime Contract Requirements. Subcontractor acknowledges that the Prime Contract may be modified such that additional or modified requirements may need to be reflected in this Subcontract. In such event, VEIC will propose issue an amendment to this Subcontract to reflect the additional or modified Prime Contract terms and conditions. If Subcontractor fails to execute the proposed Subcontract amendment within the time period requested by VEIC, Subcontractor understands and accepts that VEIC may terminate this Subcontract immediately, in which case the provisions of Sections 15.b and 15.c above shall apply.

Appears in 2 contracts

Samples: Protective Agreement, Protective Agreement

Modified Prime Contract Requirements. Subcontractor acknowledges that the Prime Contract may be modified such that additional or modified requirements may need to be reflected in this Subcontract. In such event, VEIC will propose an amendment to this Subcontract to reflect the additional or modified Prime Contract terms and conditions. If Subcontractor fails to execute the proposed Subcontract amendment within the time period requested by VEIC, Subcontractor understands and accepts that VEIC may decide not to issue any new Work Orders to Subcontractor and may terminate this Subcontract immediately, in which case the provisions of Sections 15.b 15.b. and 15.c 15.c. above shall apply. [Signature pages follow.]

Appears in 1 contract

Samples: Subcontract Agreement

Modified Prime Contract Requirements. The Subcontractor acknowledges that the Prime Contract may be modified such that additional or modified requirements may need to be reflected in this Subcontract. In such event, VEIC will propose an amendment to this Subcontract to reflect the additional or modified Prime Contract terms and conditions. If the Subcontractor fails to execute the proposed Subcontract amendment within the time period requested by VEIC, Subcontractor understands and accepts that VEIC may decide not to issue any new Work Orders to Subcontractor and may terminate this Subcontract immediately, in which case immediately and the provisions of Sections 15.b Section 15.b. and 15.c above 15.c. shall apply. [Signature pages follow.]

Appears in 1 contract

Samples: Subcontract Agreement

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Modified Prime Contract Requirements. Subcontractor acknowledges that the Prime Contract may be modified such that additional or modified requirements may need to be reflected in this Subcontract. In such event, VEIC will propose an amendment to this Subcontract to reflect the additional or modified Prime Contract terms and conditions. If ; if Subcontractor fails to execute the proposed Subcontract amendment within the time period requested by VEIC, Subcontractor understands and accepts that VEIC may decide not to issue any new Work Order to Subcontractor and may terminate this Subcontract immediately, in which case the provisions of Sections 15.b and 15.c above shall apply. [Signature pages follow.]

Appears in 1 contract

Samples: Subcontract Agreement

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