Common use of Effects of delay Clause in Contracts

Effects of delay. The Client can claim indemnification of any loss suffered due to the delay. Such compensation is limited to direct loss unless the Supplier or a person for whom the Supplier is responsible has demonstrated gross negligence or willful intent. The Client may terminate the Agreement if the delay entails a material breach of contract. In the event of delay or assumed delay, the Supplier shall notify the Client of this in writing without undue delay. Such notification must state the reason for the delay and when the Delivery will be implemented. If the Client does not receive such notification within a reasonable period after the Supplier became aware of or should have been aware of the hindrance, the Client can demand indemnification of loss that could have been avoided if the notification had arrived in time.