Common use of Reduction in Scope Clause in Contracts

Reduction in Scope. (a) Where GRDC has a right to terminate this Contract, it may elect instead to reduce the scope of the Project by giving notice as required to exercise the relevant termination right (but no less than 30 days' prior notice). (b) Within 30 days after receiving notice from GRDC under clause 18.4(a), the Research Organisation may provide GRDC with notice of variations to the Contract it considers, acting reasonably, to be required in order to facilitate the reduction in scope of the Project. Following receipt of such notice, GRDC may negotiate with the Research Organisation to agree such variations and the date on which the reduction in Project scope takes effect. (c) If the Research Organisation does not provide notice under clause 18.4(b) within the specified time period, the scope of the Project will be reduced in accordance with GRDC's notice on and from the effective date of that notice. (d) Any election by GRDC to reduce the scope of the Project or agree to variations proposed by the Research Organisation under this clause 18.4 is at GRDC's absolute discretion and does not prejudice its right to terminate or any other rights or remedies available to GRDC under this Contract.

Reduction in Scope. (a) Where GRDC has a right to terminate this Contract, it may elect instead to reduce the scope of the Project by giving notice as required to exercise the relevant termination right (but no less than 30 days' prior notice). (b) Within 30 days after receiving notice from GRDC under clause 18.4(a18.6(a), the Research Organisation Organisations may provide GRDC with notice of variations to the Contract it considersthey consider, acting reasonably, to be required in order to facilitate the reduction in scope of the Project. Following receipt of such notice, GRDC may negotiate with the Research Organisation Organisations to agree such variations and the date on which the reduction in Project scope takes effect. (c) If the Research Organisation does Organisations do not provide notice under clause 18.4(b18.6(b) within the specified time period, the scope of the Project will be reduced in accordance with GRDC's notice on and from the effective date of that notice. (d) Any election by GRDC to reduce the scope of the Project or agree to variations proposed by the Research Organisation under this clause 18.4 18.6 is at GRDC's absolute discretion and does not prejudice its right to terminate or any other rights or remedies available to GRDC under this Contract.