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 (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.

Appears in 2 contracts

Samples: Framework Agreement, Framework Agreement

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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 (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.for

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 (147) days for corrective action or submission of a corrective action plan (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 AgreementXxxxxxxxx.Xx is acknowledged and agreedby the Parties that the provisions of this Clause 8.2. shall not apply with respect to any of the events enumerated in accordance with Clause

Appears in 1 contract

Samples: Professional Services

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Corrective Period. In the event of breach by either Party of its obligations under obligationsunder this Agreement, the non- breaching Party shall allow the breaching Party fourteen (14) days for corrective action or submission of a corrective action plan (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.a

Appears in 1 contract

Samples: Framework Agreement

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