Common use of Corrective Period Clause in Contracts

Corrective Period. In the event of breach by either Party of its obligations under this Agreement, the non- breaching Party shall allow the breaching Party fourteen (14) days for corrective action or submission of a corrective action plan (hereinafter, the “Corrective Period”). The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. Should no satisfactory corrective action be taken or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement. It is acknowledged and agreed by the Parties that the provisions of this Clause 9.2 shall not apply with respect to any of the events enumerated in accordance with Clause 9.4. In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 9.2 shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 10.2 or to pay Damages incurred by the other Party in accordance with the provisions of Clause 10.3.

Appears in 1 contract

Samples: Study Agreement

AutoNDA by SimpleDocs

Corrective Period. In the event of a material breach by either Party of its obligations under this Agreement, the non- non-breaching Party shall allow the breaching Party fourteen 10 (14ten)) days for the corrective action or submission of a corrective action plan (hereinafter, the “Corrective Period”). The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. Should no satisfactory corrective action be taken taken, or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement. It is acknowledged and agreed by the Parties that the provisions of this Clause 9.2 12.3 shall not apply with respect to any of the events enumerated listed in accordance with Clause 9.412.4. In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 9.2 12.3 shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 10.2 13.2 or to pay Damages incurred by the other Party in accordance with the provisions of Clause 10.3.13.1.‌

Appears in 1 contract

Samples: Audit Services Agreement

Corrective Period. In the event of breach by either Party of Partyof its obligations under this Agreement, the non- non-breaching Party shall allow the breaching Party fourteen no longer than two (142) days for corrective action or submission of a corrective action plan (hereinafter, the “Corrective Period”). The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. .Should no satisfactory corrective action be taken taken, or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement. It is acknowledged and agreed by the Parties that the provisions of this Clause 9.2 8.2. shall not apply with respect to any of the events enumerated in accordance with Clause 9.4Clause8.5. In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 9.2 shall Clause8.2shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 10.2 Clause17.2 or to pay Damages incurred by the other Party in accordance with the provisions of Clause 10.3Clause17.3. of this Agreement.

Appears in 1 contract

Samples: Professional Services

Corrective Period. In the event of a material breach by either Party of its obligations under this Agreement, the non- non-breaching Party shall allow the breaching Party fourteen 10 (14ten) days for the corrective action or submission of a corrective action plan (hereinafter, the “Corrective Period”). The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. Should no satisfactory corrective action be taken taken, or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement. It is acknowledged and agreed by the Parties that the provisions of this Clause 9.2 13.3 shall not apply with respect to any of the events enumerated listed in accordance with Clause 9.413.4. In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 9.2 13.3 shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 10.2 14.2 or to pay Damages incurred by the other Party in accordance with the provisions of Clause 10.314.3. To clarify, the Corrective Period is not applied where the breach of the Agreement is related to Defects and Acceptance procedures as referred to in Clauses 13.2(a) and 13.2(b) as in these cases the purpose of the Corrective Period is fulfilled by the Cure Period and its prior application.

Appears in 1 contract

Samples: Supply Agreement

Corrective Period. In the event of a material breach by either Party of its obligations under this Agreement, the non- non-breaching Party shall allow the breaching Party fourteen 14 (14fourteen) days for the corrective action or submission of a corrective action plan (hereinafter, the “Corrective Period”). The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. Should no satisfactory corrective action be taken taken, or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement. It is acknowledged and agreed by the Parties that the provisions of this Clause 9.2 13.4 shall not apply with respect to any of the events enumerated listed in accordance with Clause 9.413.5. In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 9.2 13.4 shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 10.2 14.2 or to pay Damages incurred by the other Party in accordance with the provisions of Clause 10.314.3. To clarify, the Corrective Period is not applied where the breach of the Agreement is related to Defects and Acceptance procedures as referred to in Clauses 13.3(b) and 13.3(c) as in these cases the purpose of the Corrective Period is fulfilled by the Cure Period and its prior application.

Appears in 1 contract

Samples: Implementation and Maintenance Agreement

Corrective Period. In the event of breach by either Party of its obligations under this Agreement, the non- breaching Party shall allow the breaching Party fourteen thirty (1430) days for corrective action or submission of a corrective action plan (hereinafter, the “Corrective Period”). The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. Should no satisfactory corrective action be taken taken, or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement. It is acknowledged and agreed by the Parties that the provisions of this Clause 9.2 8.2 shall not apply with respect to any of the events enumerated in accordance with Clause 9.4. 8.6 In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 9.2 8.2 shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 10.2 17.2 or to pay Damages incurred by the other Party in accordance with the provisions of Clause 10.317.3. of this Agreement.

Appears in 1 contract

Samples: Recruitment Services Agreement

Corrective Period. In the event of breach by either Party of its obligations under this Agreement, the non- non-breaching Party shall allow the breaching Party fourteen no longer than two (142) days for corrective action or submission of a corrective action plan (hereinafter, the “Corrective Period”). The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. Should no satisfactory corrective action be taken taken, or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement. It is acknowledged and agreed by the Parties that the provisions of this Clause 9.2 8.2. shall not apply with respect to any of the events enumerated in accordance with Clause 9.48.5. In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 9.2 8.2 shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 10.2 17.2 or to pay Damages incurred by the other Party in accordance with the provisions of Clause 10.317.3 of this Agreement.

Appears in 1 contract

Samples: Professional Services

Corrective Period. In the event of breach by either Party of its obligations under this Agreement, the non- breaching Party shall allow the breaching Party fourteen (14) days for corrective action or submission of a corrective action plan (hereinafter, the “Corrective Period”). The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. Should no satisfactory corrective action be taken or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement. It is acknowledged and agreed by the Parties that the provisions of this Clause 9.2 shall not apply with respect to any of the events enumerated in accordance with Clause 9.4. In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 9.2 shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions theprovisions of Clause 10.2 or to pay Damages incurred by the other Party in accordance with the provisions theprovisions of Clause 10.3.

Appears in 1 contract

Samples: Operation Plan Agreement

Corrective Period. In the event of a material breach by either Party of its obligations under this Agreementthe Agreement and/or the Assignment Order, the non- non-breaching Party shall allow the breaching Party fourteen Party10 (14ten) days for corrective action or submission of a corrective action plan (hereinafter, the Corrective Period”). Period The Corrective Period shall be counted from the date of receipt by the breaching Party of a ofa written notice of breach. Should no satisfactory corrective action be taken taken, or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the AgreementAgreement and/or the Assignment Order. It is acknowledged and agreed by the Parties that the provisions of this Clause 9.2 Clause12.3 shall not apply with respect to any of the events enumerated eventslisted in accordance with Clause 9.412.4. In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 9.2 shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 10.2 or to pay Damages incurred by the other Party in accordance with the provisions of Clause 10.3.Clause

Appears in 1 contract

Samples: Framework Agreement

Corrective Period. In the event of breach by either Party of its obligations under this Agreement, the non- non-breaching Party shall allow the breaching Party fourteen (14) days for corrective action or submission of a corrective action plan (hereinafter, the “Corrective Period”). The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. Should no satisfactory corrective action be taken or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement. It is acknowledged and agreed by the Parties that the provisions of this Clause 9.2 8.2. shall not apply with respect to any of the events enumerated in accordance with Clause 9.48.5. In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 9.2 8.2 shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 10.2 17.2 or to pay Damages incurred by the other Party in accordance with the provisions of Clause 10.317.3. of this Agreement.

Appears in 1 contract

Samples: Professional Services

AutoNDA by SimpleDocs

Corrective Period. In the event of a material breach by either Party of its obligations under this Agreement, the non- non-breaching Party shall allow the breaching Party fourteen 14 (14fourteen) days for the corrective action or submission of a corrective action plan (hereinafter, the “Corrective Period”). The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. Should no satisfactory corrective action be taken taken, or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement. It is acknowledged and agreed by the Parties that the provisions of this Clause 9.2 11.3 shall not apply with respect to any of the events enumerated listed in accordance with Clause 9.411.4. In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 9.2 11.3 shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 10.2 12.2 or to pay Damages incurred by the other Party in accordance with the provisions of Clause 10.312.3. To clarify, the Corrective Period is not applied where the breach of the Agreement is related to Defects and Acceptance procedures as referred to in Clauses 11.2(b) and 11.2(c) as in these cases the purpose of the Corrective Period is fulfilled by the Cure Period and its prior application.

Appears in 1 contract

Samples: Service Agreement

Corrective Period. In the event of breach by either Party of its obligations under this Agreement, the non- breaching Party shall allow the breaching Party fourteen thirty (1430) days for corrective action or submission of a corrective action plan (hereinafter, ( the “Corrective Period”). The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. Should no satisfactory corrective action be taken taken, or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement. It is acknowledged and agreed by the Parties that the provisions of this Clause 9.2 8.2 shall not apply with respect to any of the events enumerated in accordance with Clause 9.4. 8.6 In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 9.2 8.2 shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 10.2 17.2 or to pay Damages incurred by the other Party in accordance with the provisions of Clause 10.317.3. of this Agreement.

Appears in 1 contract

Samples: Recruitment Services Agreement

Corrective Period. In the event of breach by either Party of its obligations under this Agreement, the non- breaching Party shall allow the breaching Party fourteen (14) days for corrective action or submission of a corrective action plan (hereinafter, the “Corrective Period”). The theThe Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. .Should no satisfactory corrective action be taken or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement. It Xxxxxxxxx.Xx is acknowledged and agreed by the Parties that the provisions of this Clause 9.2 8.2. shall not apply with respect to any of the events enumerated in accordance with Clause 9.4Claus4e. In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 9.2 Clause8.2 shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 10.2 Clause17.2 or to pay Damages incurred by the other Party in accordance with the provisions of Clause 10.3Clause17.3. of this Agreement.

Appears in 1 contract

Samples: Professional Services

Corrective Period. In the event of breach by either Party of its obligations under this Agreement, the non- breaching Party shall allow the breaching Party fourteen (14) days for corrective action or submission of a corrective action plan (hereinafter, the “Corrective Period”). The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. Should no satisfactory corrective action be taken taken, or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement. It is acknowledged and agreed by the Parties that the provisions of this Clause 9.2 shall not apply with respect to any of the events enumerated in accordance with Clause 9.3 and/or Clause 9.4. In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 9.2 shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 10.2 or to pay Damages incurred by the other Party in accordance with the provisions of Clause 10.3.

Appears in 1 contract

Samples: Study Agreement

Corrective Period. In the event of breach by either Party of its obligations under this Agreement, the non- breaching Party shall allow the breaching Party fourteen (14) days for corrective action or submission of a corrective action plan (hereinafter, the “Corrective Period”). The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. Should no satisfactory corrective action be taken taken, or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement. It is acknowledged and agreed by the Parties that the provisions of this Clause 9.2 shall not apply with respect to any of the events enumerated in accordance with Clause 9.3 and/ or Clause 9.4. In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 9.2 shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 10.2 or to pay Damages incurred by the other Party in accordance with the provisions of Clause 10.3.

Appears in 1 contract

Samples: Study Agreement

Corrective Period. In the event of a material breach by either Party of its obligations under this Agreement, the non- non-breaching Party shall allow the breaching Party fourteen 10 (14ten) days for the corrective action or submission of a corrective action plan (hereinafter, the “Corrective Period”). The Corrective Period shall be counted from the date of receipt by the breaching Party of a written notice of breach. Should no satisfactory corrective action be taken taken, or acceptable corrective action plan provided by the breaching Party, the non-breaching Party shall have the right to terminate the Agreement. It is acknowledged and agreed by the Parties that the provisions of this Clause 9.2 12.3 shall not apply with respect to any of the events enumerated listed in accordance with Clause 9.412.4. In addition and for the avoidance of any doubt, the application of the Corrective Period under this Clause 9.2 12.3 shall be without prejudice to and shall not relieve either Party from the obligation to pay any contractual penalty in accordance with the provisions of Clause 10.2 13.2 or to pay Damages incurred by the other Party in accordance with the provisions of Clause 10.313.3. To clarify, the Corrective Period is not applied where the breach of the Agreement is related to Defects and Acceptance procedures as referred to in Clauses 12.2(b) and 12.2(c) as in these cases the purpose of the Corrective Period is fulfilled by the Cure Period and its prior application.

Appears in 1 contract

Samples: Supply Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!