Common use of Performance Suspended Clause in Contracts

Performance Suspended. Delivery by Xxxxx Fargo to Claimants, Council and Counsel of Xxxxx Fargo’s written notice shall suspend for forty-five (45) days Xxxxx Fargo’s performance of its executory obligations under the portion of Section 3 of the Agreement that Xxxxx Fargo seeks to modify or terminate. Any such suspension shall not constitute a breach of Section 3 of this Agreement, shall not excuse the continued performance of the Agreement by Claimants and Council during the suspension period, and shall not excuse Xxxxx Fargo’s continued performance during the suspension period of all other portions of the Agreement not affected by the suspension.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

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Performance Suspended. Delivery by Xxxxx Fargo to Claimants, Council and Counsel of Xxxxx FargoXxxxx’s written notice shall suspend for forty-five (45) days Xxxxx Fargo’s performance of its executory obligations under the portion of Section 3 of the Agreement that Xxxxx Fargo seeks to modify or terminate. Any such suspension shall not constitute a breach of Section 3 of this Agreement, shall not excuse the continued performance of the Agreement by Claimants and Council during the suspension period, and shall not excuse Xxxxx Fargo’s continued performance during the suspension period of all other portions of the Agreement not affected by the suspension.

Appears in 1 contract

Samples: Settlement Agreement

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Performance Suspended. Delivery by Xxxxx Fargo to Claimants, Council Claimants and Counsel of Xxxxx Fargo’s written notice shall suspend for forty-five (45) days Xxxxx Fargo’s performance of its executory obligations under the portion of Section 3 of the Agreement that Xxxxx Fargo seeks to modify or terminatemodify. Any such suspension shall not constitute a breach of Section 3 of this Agreement, shall not excuse the continued performance of the Agreement by Claimants and Council during the suspension period, and shall not excuse Xxxxx Fargo’s continued performance during the suspension period of all other portions of the Agreement not affected by the suspension.

Appears in 1 contract

Samples: Settlement Agreement

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