Principles of Performance Sample Clauses

Principles of Performance. In light of the complexity of the Performance Target and the agile procedure model (see Annex 2.3) the Parties agree to cooperate as partners at all times, so that the Parties are required to do everything according to the principle of good faith that is necessary to fulfil the Performance Target. The Performance Target shall always be fulfilled [professionally, conforming to standards, expertly and diligently] in line with "best practices in [research/ industry]" and in compliance with the applicable legal provisions as well as with the requirements commonly expected and/or defined in Annex 2.3, in particular. For this purpose [the relevant time of performance] [the time of conclusion of the Agreement] shall be decisive. [For assuring the quality of the Performance Target the Research Institution shall use appropriate and effective quality assurance and quality management systems as defined in Annex 2.3 throughout the term of this Agreement.] The Parties expressly put on record that they are mutually bound by the general statutory and contractual fiduciary, protection and information duties. [The Research Institution shall make sure in due time whether there are factual or legal obstacles or concerns that would impede the Performance Target. If necessary, the Research Institution shall warn the Customer without delay and in any case constantly advise it and point out alternative action. The Research Institution shall immediately notify the Customer of any (other) concerns regarding the Performance Target In Writing and specify the reasons for them. In principle, the Performance Target shall, where possible and in particular in critical key positions, be achieved by employees of the Research Institution. The Research Institution will ensure that all staff used possess the skills and experiences necessary or useful for performing the specific work in compliance with the high quality level agreed. Third-Party services shall be procured by the Research Institution from Subcontractors in such a way that they will conform to this Agreement. [Complete subcontracting of the Performance Target or of major parts thereof to Subcontractors is in no case permitted.] The Research Institution represents that the Subcontractors, if any, have been selected with due care (and warrants that in the case of replacement any future Subcontractors will be selected with due care) and that it has satisfied itself of their suitability for performing the relevant share of the Perfor...
Sample 1
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Principles of Performance. 1. The Dealer shall be responsible for promoting and developing the market potential of the Contracted Products, providing pre-sale, mid-sale and after-sale services better than any competitor and maintaining an inventory of the parts at a level consistent with the demand in the Territory.
Sample 1

Related to Principles of Performance

  • Standards of Performance A. The standard of care for all professional and related services performed or furnished by Contractor under this Agreement will be the care and skill ordinarily used by members of Contractor’s profession practicing under similar conditions and circumstances and in a similar locality.

  • Excuse of Performance Seller shall not be liable for delays in performance or for non-performance due to failure or interruption of computer or telecommunication systems, acts of God, war, riot, fire, terrorism, labor trouble, unavailability of materials or components, explosion, accident, compliance with governmental requests, laws, regulations, orders or actions, or other unforeseen circumstances or causes beyond Seller's reasonable control. In the event of such delay, the time for performance or delivery shall be extended by a period of time reasonably necessary to overcome the effect of the delay.

  • Time of Performance Time for performance of the Scope of Services under this Agreement shall begin with receipt of the Notice to Proceed and end no later than December 31, 2026. Consultant shall complete the tasks described in the Scope of Services, within this time or within such additional time as may be extended by the County.

  • Prevention of Performance The Custodian will not be responsible for any failure to perform any of its obligations (nor will it be responsible for any unavailability of funds credited to the Cash Account) if such performance is prevented, hindered or delayed by a Force Majeure Event, in such case its obligations will be suspended for so long as the Force Majeure Event continues. “Force Majeure Event” means any event due to any cause beyond the reasonable control of the Custodian, such as restrictions on convertibility or transferability, requisitions, involuntary transfers, unavailability of communications system, sabotage, fire, flood, explosion, acts of God, civil commotion, strikes or industrial action of any kind, riots, insurrection, war or acts of government.

  • Limitations of Performance The Custodian shall not be responsible under this Agreement for any failure to perform its duties, and shall not be liable hereunder for any loss or damage in association with such failure to perform, for or in consequence of the following causes:

  • Standard of Performance Consultant represents and warrants that it has the qualifications, experience and facilities necessary to properly perform the services required under this Agreement in a thorough, competent and professional manner. Consultant shall at all times faithfully, competently and to the best of its ability, experience and talent, perform all services described herein. In meeting its obligations under this Agreement, Consultant shall employ, at a minimum, generally accepted standards and practices utilized by persons engaged in providing services similar to those required of Consultant under this Agreement.

  • Manner of Performance Subject to the provisions of Article XII hereof, the Contractor shall perform all of the Work described in the Statement of Work, or cause such Work to be performed in an efficient and expeditious manner and in accordance with all of the terms and provisions of this Agreement. The Contractor shall perform the Work in accordance with the current professional standards and with the diligence and skill expected for the performance of work of the type described in the Statement of Work. The Contractor shall furnish such personnel and shall procure such materials, machinery, supplies, tools, equipment and other items as may reasonably be necessary or appropriate to perform the Work in accordance with this Agreement.

  • Impossibility of Performance The credit union will not be liable for failure to comply with the terms of a wire transfer agreement caused by legal constraint interruption or failure of transmission and/or communications facilities, war, emergency, labor dispute, act of nature, or other circumstances beyond the control of the credit union.

  • Suspension of Performance Notwithstanding any other provision hereof, if an Event of Default or a Potential Event of Default has occurred and is continuing, the Non-Defaulting Party, upon written notice to the Defaulting Party, has the right (i) to suspend performance under any or all Transactions and (ii) to the extent an Event of Default has occurred and is continuing, to exercise any remedy available at law or in equity, except as limited be Section 5.7.

  • Assurance of Performance If at any time the COUNTY has good objective cause to believe CONTRACTOR may not be adequately performing its obligations under this Agreement or that CONTRACTOR may fail to complete the Services as required by this Agreement, COUNTY may request from CONTRACTOR prompt written assurances of performance and a written plan acceptable to COUNTY, to correct the observed deficiencies in CONTRACTOR’s performance. CONTRACTOR shall provide such written assurances and written plan within thirty (30) calendar days of its receipt of COUNTY’s request and shall thereafter diligently commence and fully perform such written plan. CONTRACTOR acknowledges and agrees that any failure to provide such written assurances and written plan within the required time is a material breach under this Agreement.

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