Rectification Plan. Seller must (at its own cost and expense) promptly:
Rectification Plan. If the Service Provider becomes aware that there is, or there is reasonably likely to be a Delay, the following process shall apply: as soon as practicable the Service Provider shall notify the Purchaser of the Delay but in any event within three (3) Working Days of becoming aware of the Delay, detailing the actual or anticipated effect of the Delay; the Service Provider shall submit a draft rectification plan outlining how the Service Provider shall rectify the Delay which as a minimum shall include: (a) full details of the Delay that has occurred, including a root cause analysis; (b) the actual or anticipated effect of the Delay; and (c) the steps which the Service Provider proposes to take to rectify the Delay (if applicable) and to prevent such Delay from recurring, including timescales for such steps and for the rectification of the Delay (where applicable) (the “Rectification Plan”) to the Purchaser for it to review as soon as possible and in any event within ten (10) Working Days (or such other period as may be agreed between the Parties) after the original notification pursuant to clause 24.3.1; the Service Provider shall promptly provide to the Purchaser any further documentation that the Purchaser reasonably requires to assess the Service Provider’s root cause analysis; if the Parties do not agree on the root cause set out in the draft Rectification Plan, either Party may refer the matter to be determined in accordance with the dispute resolution process set out in clause 61 (Dispute Resolution); the Purchaser may reject the draft Rectification Plan by notice to the Service Provider if, acting reasonably, it considers that the draft Rectification Plan is inadequate; the Purchaser shall notify the Service Provider whether it consents to the draft Rectification Plan as soon as reasonably practicable; if the Purchaser rejects the draft Rectification Plan, the Purchaser shall give reasons for its decision and the Service Provider shall take the reasons into account in the preparation of a revised Rectification Plan; the Service Provider shall submit the revised draft of the Rectification Plan to the Purchaser for review within five (5) Working Days (or such other period as agreed between the Parties) of the Purchaser’s notice rejecting the first draft; if the Purchaser consents to the Rectification Plan the Service Provider shall immediately start work on the actions set out in the Rectification Plan; and at all times when complying with its obligati...
Rectification Plan. Each Warrantor covenants to the Investors that it shall, and shall procure the Group Companies to, carry out the Rectification Plan in accordance with the terms thereof.
Rectification Plan. TERPEL must (at its own cost and expense) and in a timely fashion:
Rectification Plan. In the event that:
(a) there is, or is reasonably likely to be, a Delay;
(b) the circumstances described in paragraphs 3.3(b), 3.4, 6.3, 6.6 and/or 8.2 of Schedule 2.2 (Performance) exist; and/or
(c) the Supplier commits a material Default that is capable of remedy (and for these purposes a material Default may be a single material Default or a number of Defaults or repeated Defaults (whether of the same or different obligations and regardless of whether such Defaults are remedied) which taken together constitute a material Default), (each a “Notifiable Default”), the Supplier shall notify the Authority of the Notifiable Default as soon as practicable but in any event within 3 Working Days of becoming aware of the Notifiable Default, detailing the actual or anticipated effect of the Notifiable Default and, unless the Notifiable Default also constitutes a Rectification Plan Failure or other Supplier Termination Event, the Authority may not terminate this Agreement in whole or in part on the grounds of the Notifiable Default without first following the Rectification Plan Process.
