Terms for Performance Sample Clauses
The 'Terms for Performance' clause defines the specific requirements and standards that a party must meet when fulfilling their contractual obligations. It typically outlines deadlines, quality benchmarks, methods of delivery, and any conditions that must be satisfied for performance to be considered complete. For example, it may specify that goods must be delivered by a certain date or that services must meet particular industry standards. This clause ensures both parties have a clear understanding of what constitutes satisfactory performance, thereby reducing the risk of disputes and promoting accountability.
Terms for Performance. 4.1. The place of Performance shall be stated in the Agreement. In case the Agreement does not specify a place of Performance, such place shall be determined by the Supplier at its discretion after consulting the Customer.
4.2. Time(s) or periods of Performance shall be stated in the Agreement. Any time or period of Performance that differs from the Agreement shall only be binding if they have been agreed upon by the Supplier in writing. If Performance is to take place during a specific and fixed period of time by the expiry of which Performance is deemed to be completed, any such period will not commence until all contractual obligations of the Customer have been met, all payments due have been made, security desired by the Supplier has been put up and/or any other preconditions have been fulfilled.
4.3. In case the Agreement does not specify the time of Performance, such time shall be determined by the Supplier at its discretion after consulting the Customer. However, as far as the Agreement sees to the provision of Services, the date of Performance mentioned in the Agreement shall be an estimate only. The Supplier shall make every reasonable effort to effect Performance at the said date.
4.4. If Performance is delayed due to (i) any act or omission of the Customer or
Terms for Performance. 4.1. The place of Performance shall be Supplier’s offices, unless otherwise agreed between Parties.
Terms for Performance