Novation by the Principal Sample Clauses

Novation by the Principal. The Supplier agrees that the Principal may at any time novate this Contract once the Supplier has given consent, such consent not to be unreasonably withheld, to any entity engaged by the Principal to undertake any part of the project in connection with which the Equipment is to be used, in which case, the Supplier will enter into such deed as the Principal reasonably requires to give effect to such novation. 12. Defective Works The Supplier must promptly rectify any defect in the Works and Equipment which the Supplier: (a) becomes aware of before Completion; (b) is notified of by the Principal before expiry of the Defects Liability Period (commencing from Completion, or for Works rectified after Completion, commencing from rectification). The Supplier must rectify the defect within the time notified in writing by the Principal failing which the Principal may have the defect rectified at the Supplier's cost and expense. 13. Design (a) Except to the extent the Details Sheet states the Principal is responsible for design, the Supplier will complete the design, specification and documentation of the Equipment and the Works so that the Equipment and the Works comply with this Contract and are fit for the Principal’s purposes stated in or inferred from this Contract. (b) The Supplier is fully liable for the design of the Equipment and Works despite the Principal providing any preliminary or other design in respect of the Equipment or the Works. 14. Approvals The Supplier agrees that: (a) the Principal’s comment or failure to comment upon, review or non-review of or rejection or non-rejection of any documents, the Works or the Equipment; (b) any payment by the Principal; (c) acceptance of delivery of the Works or Equipment; or (d) the issue of a notice of Completion, will not relieve the Supplier from any of its obligations or liabilities under this Contract. 15. Intellectual Property (a) The Supplier warrants that unless otherwise provided in this Contract: (i) the Supplier owns the copyright in any documents provided by the Supplier; and (ii) any materials, documents and methods of working provided by the Supplier will not infringe any Page 3 of 4 patent, registered design, trade mark or name, copyright or other protected right. (b) The Supplier will indemnify the Principal and will hold it harmless from and against any action, suit, proceeding, claim or demand, in respect of all liability, costs or expenses arising directly or indirectly from or incurred as a...
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Related to Novation by the Principal

  • Modification by the Parties The Parties may by mutual agreement amend the Appendices to this Agreement, by a written instrument duly executed by all three of the Parties. Such an amendment shall become effective and a part of this Agreement upon satisfaction of all Applicable Laws and Regulations.

  • Cancellation by the Bank If (a) the right of the Borrower to make withdrawals from the Loan Account shall have been suspended with respect to any amount of the Loan for a continuous period of thirty days, or (b) at any time, the Bank determines, after consultation with the Borrower, that an amount of the Loan will not be required to finance the Project’s costs to be financed out of the proceeds of the Loan, or (c) at any time, the Bank determines, with respect to any contract to be financed out of the proceeds of the Loan, that corrupt or fraudulent practices were engaged in by representatives of the Borrower or of a beneficiary of the Loan during the procurement or the execution of such contract, without the Borrower having taken timely and appropriate action satisfactory to the Bank to remedy the situation, and establishes the amount of expenditures in respect of such contract which would otherwise have been eligible for financing out of the proceeds of the Loan, or (d) at any time, the Bank determines that the procurement of any contract to be financed out of the proceeds of the Loan is inconsistent with the procedures set forth or referred to in the Loan Agreement and establishes the amount of expenditures in respect of such contract which would otherwise have been eligible for financing out of the proceeds of the Loan, or (e) after the Closing Date, an amount of the Loan shall remain unwithdrawn from the Loan Account, or (f) the Bank shall have received notice from the Guarantor pursuant to Section 6.07 with respect to an amount of the Loan, the Bank may, by notice to the Borrower and the Guarantor, terminate the right of the Borrower to make withdrawals with respect to such amount. Upon the giving of such notice, such amount of the Loan shall be canceled.”

  • Termination by the HSP (a) The HSP may terminate this Agreement at any time, for any reason, upon giving 6 months’ Notice (or such shorter period as may be agreed by the HSP and the Funder) to the Funder provided that the Notice is accompanied by: satisfactory evidence that the HSP has taken all necessary actions to authorize the termination of this Agreement; and a Transition Plan, acceptable to the Funder, that indicates how the needs of the HSP’s clients will be met following the termination and how the transition of the clients to new service providers will be effected within the six-month Notice period.

  • Termination by the Company This Agreement may be terminated by the Company at any time prior to the Effective Time:

  • Cancellation by the Association If (a) the right of the Borrower to make withdrawals from the Credit Account shall have been suspended with respect to any amount of the Credit for a continuous period of thirty days, or (b) at any time, the Association determines, after consultation with the Borrower, that an amount of the Credit will not be required to finance the Project’s costs to be financed out of the proceeds of the Credit, or (c) at any time, the Association determines, with respect to any contract to be financed out of the proceeds of the Credit, that corrupt or fraudulent practices were engaged in by representatives of the Borrower or of a beneficiary of the Credit during the procurement or the execution of such contract, without the Borrower having taken timely and appropriate action satisfactory to the Association to remedy the situation, and establishes the amount of expenditures in respect of such contract which would otherwise have been eligible for financing out of the proceeds of the Credit, or (d) at any time, the Association determines that the procurement of any contract to be financed out of the proceeds of the Credit is inconsistent with the procedures set forth or referred to in the Development Credit Agreement and establishes the amount of expenditures in respect of such contract which would otherwise have been eligible for financing out of the proceeds of the Credit, or (e) after the Closing Date, an amount of the Credit shall remain unwithdrawn from the Credit Account, the Association may, by notice to the Borrower, terminate the right of the Borrower to make withdrawals with respect to such amount. Upon the giving of such notice, such amount of the Credit shall be canceled.”

  • Termination by the City 96.1. In addition to termination pursuant to any other article of this Contract, the Commissioner may, at any time, terminate this Contract by written notice to the Contractor. In the event of termination, the Contractor shall, upon receipt of such notice, unless otherwise directed by the Commissioner:

  • Termination by the School The School may terminate this agreement:

  • TERMINATION BY THE OWNER 14.2.1 The Owner may terminate the contract if the Contractor:

  • Termination by the University i) The university may terminate this agreement under the following circumstances:

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