Common use of DELAY IN PERFORMANCE Clause in Contracts

DELAY IN PERFORMANCE. Neither party shall be liable for failure or delay in the performance of any of its obligations under this Agreement, except obligations for the payment of money, if such delay or failure is caused by circumstances beyond the reasonable control of the party affected. Strikes or other labor difficulties which are not capable of being terminated on terms acceptable to the party affected shall not be considered circumstances within the control of such party. In the event of Product shortages, MS shall have the right to allocate available supplies of the Products in its sole discretion.

Appears in 2 contracts

Samples: Government Integrator Agreement (Software Net Corp), Government Integrator Agreement (Software Net Corp)

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DELAY IN PERFORMANCE. 20.1 Neither party shall be liable for failure or delay in the performance of any of its obligations under this Agreementobligations, except obligations for the payment of money, under this Agreement, if such failure or delay or failure is caused by circumstances beyond the its reasonable control such as acts of the party affectedGod, riot, or war. Strikes or other labor difficulties which are not capable of being terminated on terms acceptable unacceptable to the party so affected shall not be considered circumstances within the control of such party. In the event of Product shortages, MS shall have the right to allocate available supplies of the Products in its sole discretion.

Appears in 2 contracts

Samples: License Agreement (Metropolitan Series Fund Inc), Equity Indexes Research License Agreement (Value Equity Trust)

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DELAY IN PERFORMANCE. Neither party shall be liable for failure or delay in the performance of any of its obligations under this Agreement, except obligations for the payment of money, if such delay or failure is caused by circumstances beyond the reasonable control of the party affected. Strikes or other labor difficulties which are not capable of being terminated on terms acceptable to the party affected shall not be considered circumstances within the control of such party. In the event of Product shortages, MS shall have the right to allocate available supplies of the Products Product in its sole discretion.

Appears in 1 contract

Samples: Channel Agreement (Software Spectrum Inc)

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