Common use of Reliance by PEO Clause in Contracts

Reliance by PEO. It is acknowledged and agreed that: (1) the obligations of Client set forth in this Section 10. INSURANCE are reasonable and essential to protect PEO from risks that it cannot manage or control; and (2) PEO is relying on Client’s performance hereunder in entering into this Agreement. Any failure by Client to fully comply with the provisions of this Section 10. INSURANCE shall constitute a breach of this Agreement, entitling PEO to terminate this Agreement immediately.

Appears in 5 contracts

Samples: Peo Master Service Agreement, Peo Master Service Agreement, Peo Master Service Agreement

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Reliance by PEO. It is acknowledged and agreed that: (1) the obligations of Client set forth in this Section 10. INSURANCE are reasonable and essential to protect PEO from risks that it cannot manage or control; and (2) PEO is relying on Client’s performance hereunder in entering into this Agreement. Any failure by Client to fully comply with the provisions of this Section 10. INSURANCE shall constitute a breach of this Agreement, entitling PEO to terminate this Agreement immediatelyAgreement.

Appears in 1 contract

Samples: Peo Master Service Agreement

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