Common use of NOTIFICATION OF STATUS CHANGE Clause in Contracts

NOTIFICATION OF STATUS CHANGE. 15.1. The Seller agrees to provide prompt notification to the Buyer of any event or change in circumstances that could affect the Seller’s performance of the Order such as assignment of consent agreement, change in place of performance, decrease in manufacturing capacity, diminishing manufacturing sources or material shortages, increase in production requirements, labour reductions, financial or organizational conflicts of interest, and significant financial conditions requiring any of the preceding changes.

NOTIFICATION OF STATUS CHANGE. 15.1. 17.1 The Seller agrees to provide prompt notification to the Buyer of any event or change in circumstances that could affect the Seller’s performance of the Order such as ineligibility to contract with the government of the UK or USA, designation on a UK, USA, or European Union sanctions list, assignment of consent agreement, change in place of performance, decrease in manufacturing capacity, diminishing manufacturing sources or material shortages, increase in production requirements, labour reductions, financial or organizational conflicts of interest, and significant financial conditions requiring any of the preceding changes.

NOTIFICATION OF STATUS CHANGE. 15.1. A. The Seller agrees to provide prompt notification to the Buyer of any event or change in circumstances that could affect the Seller’s performance of the Order such as ineligibility to contract with the government of the UK or USA, designation on a UK, USA, or European Union sanctions list, assignment of consent agreement, change in place of performance, decrease in manufacturing capacity, diminishing manufacturing sources or material shortages, increase in production requirements, labour reductions, financial or financialor organizational conflicts of interest, and significant financial conditions requiring any of the preceding changes.