Common use of Change In Civil Works Merchant Clause in Contracts

Change In Civil Works Merchant. 6.1 The Civil Works Merchant understands, agrees, confirms and acknowledges that in scenarios wherein the Civil Works Merchant is changed during the term of the Civil Project, for reasons as mentioned below, then in such scenario, the old Civil Works Merchant’s entitlement shall be determined on a pro rata basis in relation to the percentage of work completed, and the remittance to the Civil Works Merchant shall be undertaken accordingly. The prior Civil Works Merchant shall be liable to service all the Customer claims in relation to the work completed by such Civil Works Merchant.

Change In Civil Works Merchant. 6.1 6.1. The Civil Works Merchant understands, agrees, confirms and acknowledges that in scenarios wherein the Civil Works Merchant is changed during the term of the Civil Project, for reasons as mentioned below, then in such scenario, the old Civil Works Merchant’s entitlement shall be determined on a pro rata basis in relation to the percentage of work completed, and the remittance to the Civil Works Merchant shall be undertaken accordingly. The prior Civil Works Merchant shall be liable to service all the Customer claims in relation to the work completed by such Civil Works Merchant.