No Suspension Event Sample Clauses

The 'No Suspension Event' clause defines circumstances under which a party is not permitted to suspend its obligations or performance under the agreement. Typically, this clause clarifies that unless a specific event or condition—such as a material breach or force majeure—occurs, all parties must continue to fulfill their contractual duties without interruption. For example, a supplier cannot halt delivery of goods simply due to a minor dispute or delay in payment unless expressly allowed by the contract. The core function of this clause is to ensure continuity and reliability in the contractual relationship by preventing unnecessary or unjustified suspensions of performance.
No Suspension Event. No Suspension Event shall then exist.
No Suspension Event. No Suspension Event shall then be extant.