Common use of Extension Deadline Clause in Contracts

Extension Deadline. The Buyer may set a reasonable extension deadline in order for the Supplier to meet his obligations. If the Supplier requests such a deadline from the Buyer, the deadline shall be considered approved if the Buyer does not respond to the request within 10 (ten) weekdays after receipt of the request by the Buyer. The Buyer shall not make a claim for breach of contract while the deadline is running, unless the Supplier has notified that it will not meet its obligations within the extension deadline. The extension deadline shall not in any way affect the Buyer’s right to daily fines or damages accrued prior to the granting of the extension deadline.

Appears in 4 contracts

Samples: Standard Contract for Purchase of Services, www.mercell.com, www.mercell.com

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