System development term Sample Clauses
The 'System development term' clause defines the specific timeframe during which the development of a system or software must be completed. It typically outlines the start and end dates for the project, and may include milestones or deadlines for key deliverables throughout the development process. By clearly establishing these time parameters, the clause helps manage expectations, ensures timely delivery, and provides a basis for accountability if delays occur.
System development term upon the effectiveness of this Agreement, Party B shall fully complete the design and compilation of the System no later than [date]. Party B shall obtain Party A’s confirmation and execute the plan confirmation letter; Party B shall fully finish the installment and adjustment, accept the checking and acceptance by Party A or the institution appointed by Party A no later than [date]; Party B shall assume unconditional obligations of amendment, upgrading or correction obligations in system functional defect, security defect and interface defect, if such defect still exists after the checking and acceptance.