Project Problem definition

Project Problem is defined in Clause 7.1.
View Source
Project Problem means any of the following: the delay to any milestone in the Implementation Schedule, any material failure of either Party to conform to the requirements of the Contract, or any other problem which could have a material adverse effect on the successful completion of the works under the Contract.
View Source
Project Problem shall have the meaning given to such term in Section 10.6(b)(iii).
View Source

Examples of Project Problem in a sentence

  • If this does not result in a resolution of the Project Problem within two weeks of such referral, any Program Manager can refer the Project Problem to the Escalation Committee (see, Clause 3.7 above); the Escalation Committee cannot impose a resolution of a Project Problem on a party without the party's consent.

  • A party which receives notice of the Claim under this Clause 11.2.3 can cancel the effect of the notice of termination by paying to the terminating party the excess amount stated by the terminating party in its notice under the first sentence of this Clause 11.2.3 within one week of receiving the notice of termination; such payment does not prejudice the rights of any of the parties under the Project Problem procedures or in arbitration.

  • Compliance with the Project Problem procedure does not waive any substantive rights or remedies under this Agreement.

  • In the event of an actual delay or a delay in complying with the critical path schedule which DBS should reasonably anticipate, DBS must inform LLC in reasonable detail about such problems and the corrective procedures (including the time needed for correction) without undue delay using the Project Problem report procedure.

  • DBS cannot suspend performance, pending resolution of a Project Problem.

  • A Project Problem is (i) an alleged failure of a party to perform its obligations, (ii) a disagreement about whether requested work or material is within the scope of the Project, or (iii) any circumstance, whether or not within the control of the parties, which adversely affects performance under this Agreement within the agreed time and budget.

  • If the parties resolve a Project Problem without arbitration, the parties will record the resolution in writing.

  • If any Program Manager notifies the others in writing that the Project Problem is urgent, the two week period for referral to the Steering Committee or the Escalation Committee will not apply; i.e., the Project Problem can be referred immediately.

  • If LLC and DBS have not agreed on new prices by 31 October, either of them can initiate the Project Problem procedures.

  • Prior to commencing arbitration, the parties must exhaust the Project Problem procedures set forth in Section 7.


More Definitions of Project Problem

Project Problem means any error or any other problem or circumstance encountered by Twin or PBS which in Twin's or PBS's judgment might prevent Twin or PBS from meeting a delivery date for a Deliverable or cause any increase in the estimated cost of an Interactive Game Application.
View Source
Project Problem shall have the meaning set forth in Section 10.8(b)(i).
View Source

Related to Project Problem

  • Project Work means the work required to complete the Project.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Development Project means a project for the development of land within a