Gap List definition

Gap List means the functionality to be produced by the Supplier conditional to this Agreement as detailed exclusively in SCHEDULE 8, subject to the guaranteed delivery terms, including penalties for late delivery, as listed in SECTION S3.7(c);

Examples of Gap List in a sentence

  • If the Supplier has not delivered the Gap List functionality by the end of the month due, then a 25% discount on all Licence fees will be applied from the following month onwards, until delivery.

  • If the Gap List functionality is not delivered within six months after due date, a 40% discount shall apply to all Licence Fees from month seven onwards.