Long Term Inability to Deliver Sample Clauses

Long Term Inability to Deliver. In cases of a long term inability to deliver or if the Supplier faces an essential impairment of its financial situation we shall be entitled to rescind the contract with respect to the part that has not yet been performed. If one of the foregoing events occur with respect to the Sup- plier, the Supplier shall support us to the best of its abilities in our efforts to move the manufacture of the supplied item(s) to us or to a third party, which support shall include the granting of licenses to intellectual property rights to the extent such rights are necessary for the man- ufacture of the relevant product(s), such licenses to be granted on terms customary in the industry.
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Long Term Inability to Deliver. In the event of a long-term inability to deliver, suspension of payment or commencement of insolvency proceedings, the rejection of the commencement of insolvency proceedings due to lack of assets or the initiation of comparable proceedings pertaining to the Supplier's assets, we are entitled to withdraw from the Agreement with respect to the still outstanding part. If the Supplier is affected by one of the above-mentioned events, he shall support us to the best of his ability in the relocation of the production of the delivery item to our premises or to that of a third party, including the licensing of industrial property rights required for the production at industry-standard conditions.
Long Term Inability to Deliver. In cases of a long term inability to deliver, cessation of payments, the opening of an insolvency proceeding, the refusal to open insolvency proceedings due to insufficient assets, or the commencement of comparable proceedings with respect to one of the parties, the other party shall be entitled to rescind the Agreement with respect to the part that has not yet been performed. If one of the foregoing events occur with respect to Supplier, Supplier shall support Customer to the best of its abilities in Customer’s efforts to move the manufacture of the Contract Products to Customer or to a third party, which support shall include the granting of licenses to intellectual property rights to the extent such rights are necessary for the manufacture of the relevant product(s), such licenses to be granted on terms customary in the industry.
Long Term Inability to Deliver. 长期交付不能 In cases of a long-term inability to deliver or if the Supplier faces an essential impairment of its financial situation, we shall be entitled to rescind the contract with respect to the part that has not yet been performed. If one of the foregoing events occur with respect to the Supplier, the Supplier shall support us to the best of its abilities in our efforts to move the manufacture of the supplied item(s) to us or to a third party, which support shall include the granting of licenses to intellectual property rights to the extent such rights are necessary for the manufacture of the relevant product(s), such licenses to be granted on terms customary in the industry. 如长期交付不能或供应商面临其财务状况的实质性亏损,我们有权就尚未履行的部分解除合同。如果供应商发生上述任何事件之一,其应尽其所能支持我们将所供应货物的生产转移给我们或第三方,该等支持应包括知识产权许可的授予,该等许可仅限于生产相关产品所必须的知识产权,并且应依据行业惯例授予。
Long Term Inability to Deliver. In cases of a long term inability to deliver or if the Supplier faces an essential impairment of its financial situation we shall be entitled to rescind the contract with respect to the part that has not yet been performed within 45 days from the date on which the circumstances described above have occurred. If one of the foregoing events occur with respect to the Supplier, the Supplier shall support us to the best of its abilities in our efforts to move the manufacture of the supplied item(s) to us or to a third party, which support shall include the granting of licenses to intellectual property rights to the extent such rights are necessary for the manufacture of the relevant product(s), such licenses to be granted on terms customary in the industry.

Related to Long Term Inability to Deliver

  • Inability to Determine Rates If the Required Lenders determine that for any reason in connection with any request for a Eurodollar Rate Loan or a conversion to or continuation thereof that (a) Dollar deposits are not being offered to banks in the London interbank eurodollar market for the applicable amount and Interest Period of such Eurodollar Rate Loan, (b) adequate and reasonable means do not exist for determining the Eurodollar Rate for any requested Interest Period with respect to a proposed Eurodollar Rate Loan, or (c) the Eurodollar Rate for any requested Interest Period with respect to a proposed Eurodollar Rate Loan does not adequately and fairly reflect the cost to such Lenders of funding such Loan, the Administrative Agent will promptly so notify the Borrower and each Lender. Thereafter, the obligation of the Lenders to make or maintain Eurodollar Rate Loans shall be suspended until the Administrative Agent (upon the instruction of the Required Lenders) revokes such notice. Upon receipt of such notice, the Borrower may revoke any pending request for a Borrowing of, conversion to or continuation of Eurodollar Rate Loans or, failing that, will be deemed to have converted such request into a request for a Borrowing of Base Rate Loans in the amount specified therein.

  • Determination of Responsiveness 28.1 The Procuring Entity's determination of a Tender's responsiveness is to be based on the contents of the Tender itself, as defined in ITT28.2.

  • Failure to Maintain Financial Viability The System Agency may terminate the Contract if, in its sole discretion, the System Agency has a good faith belief that Grantee no longer maintains the financial viability required to complete the services and Deliverables, or otherwise fully perform its responsibilities under the Contract.

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