RIGHTS ON CANCELLATION. 24.1 If this Agreement or Purchase Order is cancelled in whole or in part in terms of clause 226 [Total or Partial Failure to Perform], Transnet may execute or complete this Agreement with any other entity and do so on such terms as it may deem proper, or may procure other comparable Goods/Services in substitution for those neglected to be manufactured or supplied or rejected as aforesaid, and may recover from the Supplier the difference between the cost of such Goods/Services and the Price [if the latter was lower] as well as any costs and expenses [including any additional transport costs] which Transnet may have had to incur in consequence of the Supplier’s/Service Provider’s default. 24.2 Any amount which may be recoverable from the Supplier/Service Provider in terms of clause 24.1 above, without prejudice to any other legal remedies available to Transnet, may be deducted in whole or in part from any monies in the hands of Transnet and due for payment to the Supplier/Service Provider.
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Samples: Master Agreement, Master Agreement
RIGHTS ON CANCELLATION. 24.1 If this Agreement or Purchase Order is cancelled in whole or in part in terms of clause 226 Error! Reference source not found. [Total or Partial Failure to Perform], Transnet may execute or complete this Agreement with any other entity and do so on such terms as it may deem proper, or may procure other comparable Goods/Services in substitution for those neglected to be manufactured or supplied or rejected as aforesaid, and may recover from the Supplier the difference between the cost of such Goods/Services and the Price [if the latter was lower] as well as any costs and expenses [including any additional transport costs] which Transnet may have had to incur in consequence of the Supplier’s/Service Provider’s default.
24.2 . Any amount which may be recoverable from the Supplier/Service Provider in terms of clause 24.1 0 above, without prejudice to any other legal remedies available to Transnet, may be deducted in whole or in part from any monies in the hands of Transnet and due for payment to the Supplier/Service Provider.
Appears in 1 contract
Samples: Master Agreement
RIGHTS ON CANCELLATION. 24.1 22.1 If this Agreement or Purchase Order is cancelled in whole or in part in terms of clause 226 206 [Total or Partial Failure to Perform], Transnet may execute or complete this Agreement with any other entity and do so on such terms as it may deem proper, or may procure other comparable Goods/Services in substitution for those neglected to be manufactured or supplied or rejected as aforesaid, and may recover from the Supplier the difference between the cost of such Goods/Services and the Price [if the latter was lower] as well as any costs and expenses [including any additional transport costs] which Transnet may have had to incur in consequence of the Supplier’s/Service ProviderSupplier’s default.
24.2 22.2 Any amount which may be recoverable from the Supplier/Service Provider in terms of clause 24.1 22.1 above, without prejudice to any other legal remedies available to Transnet, may be deducted in whole or in part from any monies in the hands of Transnet and due for payment to the Supplier/Service Provider.
Appears in 1 contract
Samples: Master Agreement
RIGHTS ON CANCELLATION. 24.1 22.1 If this Agreement or Purchase Order is cancelled in whole or in part in terms of clause 226 206 [Total or Partial Failure to Perform], Transnet may execute or complete this Agreement with any other entity and do so on such terms as it may deem proper, or may procure other comparable Goods/Services in substitution for those neglected to be manufactured or supplied or rejected as aforesaid, and may recover from the Supplier the difference between the cost of such Goods/Services and the Price [if the latter was lower] as well as any costs and expenses [including any additional transport costs] which Transnet may have had to incur in consequence of the Supplier’s/Service Provider’s default.
24.2 22.2 Any amount which may be recoverable from the Supplier/Service Provider in terms of clause 24.1 22.1 above, without prejudice to any other legal remedies available to Transnet, may be deducted in whole or in part from any monies in the hands of Transnet and due for payment to the Supplier/Service Provider.
Appears in 1 contract
Samples: Master Agreement
RIGHTS ON CANCELLATION. 24.1 26.1 If this Agreement or Purchase Order is cancelled in whole or in part in terms of clause 226 25 [Total or Partial Failure to Perform], Transnet may execute or complete this Agreement with any other entity and do so on such terms as it may deem proper, or may procure other comparable Goods/Services in substitution for those neglected to be manufactured or supplied or rejected as aforesaid, and may recover from the Supplier the difference between the cost of such Goods/Services and the Price [if the latter was lower] as well as any costs and expenses [including any additional transport costs] which Transnet may have had to incur in consequence of the Supplier’s/Service Provider’s default.
24.2 26.2 Any amount which may be recoverable from the Supplier/Service Provider in terms of clause 24.1 26.1 above, without prejudice to any other legal remedies available to Transnet, may be deducted in whole or in part from any monies in the hands of Transnet and due for payment to the Supplier/Service Provider.
Appears in 1 contract
Samples: Master Agreement