Common use of Suspension of Payments Clause in Contracts

Suspension of Payments. In case of non-delivery or late delivery past the firm delivery date, the obligation of payment will be suspended. The obligation of payment will resume once the delivery has been completed. In that case, the Commission and/or the Participating Member State will notify AstraZeneca in writing of such late payment and the reason therefor.‌

Suspension of Payments. In case of non-delivery or late delivery past the firm delivery date, the obligation of payment will be suspended. The obligation of payment will resume once the delivery has been completed. In that case, the Commission and/or the Participating Member State will notify AstraZeneca in writing of such late payment and the reason therefor.‌therefor.