RECTIFICATION PROCEDURE Clause Samples
The Rectification Procedure clause outlines the process for correcting errors or omissions in a contract or agreement. Typically, it specifies the steps parties must follow to identify, notify, and amend any mistakes discovered after the document has been executed, such as typographical errors or misstatements of fact. This clause ensures that the contract accurately reflects the parties' intentions and provides a clear mechanism for resolving discrepancies, thereby minimizing disputes and maintaining the integrity of the agreement.
RECTIFICATION PROCEDURE. If the Council fails to comply with the Trust’s instruction under Clause 33.1, the Trust may issue to the Council a notice in writing (a "Rectification Notice") advising the Council of that fact and requiring the Council to prepare in writing and provide to the Trust an action plan to rectify the situation.
RECTIFICATION PROCEDURE. EMERGENCY EVENTS.................................................................................................................
RECTIFICATION PROCEDURE. If the Supplier does not comply with its obligations under this section 10 within reasonable time, SLL shall be entitled to grant the Supplier a final grace period for rectification. If the Supplier has not fulfilled its obligation within such grace period, SLL shall be entitled to:
(a) take necessary actions to rectify the defect at the Supplier’s risk and cost, provided that SLL acts with sound judgment; or
(b) claim a price reduction equivalent to the defect. If a defect in Equipment is material, SLL may instead terminate this Agreement through a written notice hereof to the Supplier. SLL’s right to terminate the Agreement shall apply also if a defect, following actions described above in this section 10.4, still is material. In case of termination, SLL shall be entitled to damages regarding actual direct damage suffered by SLL. If the nature of the defect renders rectification at NKS’s premises unfit, SLL shall at the Supplier’s request and cost facilitate the execution of the work by sending the defect part to the Supplier for exchange or repair.
RECTIFICATION PROCEDURE. 9.1. If the Trust fails to comply with the Council’s requirement under Clause 3.10.1, or an instruction of the Council under Clause 8.1, the Council may issue to the Trust a notice in writing (a "Rectification Notice") advising the Trust of that fact and requiring the Trust to prepare in writing and provide to the Council an action plan to rectify the situation.
9.2. Following the service of a Rectification Notice, the Trust shall prepare and provide to the Council for its agreement a Rectification Plan. Both Parties shall act reasonably in agreeing the Rectification Plan.
9.3. Where the Trust fails to establish a Rectification Plan within two months of the issue of a Rectification Notice, the Council may issue to the Trust a notice in writing of that fact (a ’Warning Notice").
9.4. Where the Trust fails to implement a Rectification Plan in accordance with its terms the Council may issue to the Trust a notice in writing of that fact (also a "Warning Notice").
9.5. Following the service of a Warning Notice, the Trust will establish and agree with the Council a Final Rectification Plan. Both Parties shall act reasonably in agreeing the Final Rectification Plan.
9.6. If in a period of six consecutive months following the issue of a Warning Notice referred to in Clause 9.3, the Trust has:-
9.6.1. failed to establish and agree with the Council a Final Rectification Plan; or
9.6.2. failed to implement a Final Rectification Plan in accordance with its terms, then the Council will be entitled to terminate this Agreement, the Asset Transfer Agreement, the Leases and the Support Services Agreement.