Common use of Delays and Recovery Plan Clause in Contracts

Delays and Recovery Plan. Without prejudice to any rights or remedies the Eurosystem may have under this Contract or applicable law, failure by the Network Service Provider to reach a Milestone by the respective Target Date or to otherwise meet any timeline agreed between the Parties or set forth in this Contract with respect to the design, development, implementation and making available of the Network and the Connectivity Services (each such failure a "Delay") shall not relieve the Network Service Provider of its obligation to design, develop, implement and make available, as the case may be, the Network or the Connectivity Services. In the event of a Delay, the Parties shall, without undue delay, agree and implement a plan to recover any lost time (the "Recovery Plan"). The Network Service Provider shall be required to make available any additional resources required to implement the Recovery Plan.