Risk Clause. Notwithstanding anything contained in any other clause, BHEL reserves the right to terminate the contract without any notice as above in case of any failure on the part of the Contractor in discharging his obligations under the contract or in the event of his becoming insolvent or going into liquidation or for any administrative reason. The decision of the BHEL about the failure on the part of the Contractor shall be final and binding on the Contractor. BHEL shall be at liberty to foreclose any part of the contract for any reason whatsoever by issuing a notice of one month and tender such work to another contractor to undertake the same by itself or otherwise. If there is any stoppage of service in any area of the Guest House operation, for any reason, the Contractor is liable for penalty action as decided by BHEL. In the event of any failure on the part of the Contractor, BHEL shall have the right, without any prejudice, to get the work done through any other alternate agency at the risk and cost of the Contractor. The additional cost, loss, if any incurred by BHEL will be recovered from the Contractor.
Risk Clause. 14.1. All necessary reports and other information will be supplied on a mutually agreed basis and regular meetings will be held with the nodal officer of SCI and (or) Procuring Entity. Agency and its staff shall take proper and reasonable precautions to preserve from loss, destruction, waste or misuse the areas of responsibility given to them by the Client and shall not knowingly lend to any person or company any of the effects or assets of the Client, under its control.
Risk Clause. The Director, CICR reserves the right to discontinue the service at any time, if the services are found unsatisfactory by giving a show-cause to be replied within a week and also has the right to award the contract to any other agency at the risk and cost of current agency and excess expenditure incurred on account of this can be recovered from Security Deposit or pending bills or by rising a separate claim.
Risk Clause. IARI reserves the right to discontinue the service at any time, if the services are found unsatisfactory by giving a show-cause to be replied within a week and also has the right to award the contract to any other agency at the risk and cost of current agency and excess expenditure incurred on account of this can be recovered from S.D. or pending bills or by raising a separate claim. LIUQUIDATED DAMAGES CLAUSE:
Risk Clause. 5.1. BHEL will be at liberty to terminate the agreement by giving three calendar months’ notice in writing to the Contractor.
Risk Clause. 1. The User is aware of the following risks of the Miner and cryptocurrency industry, and assumes the possible losses at its own will:
Risk Clause. (1) To prevent and control the risk, Party B can not engage in business operations that are prohibited by the official order. Once Party A finds that Party B is providing the goods or services on the website platform or customer side, which are prohibited by the government law and regulations or rules and regulations of local authority .Party A has the right to close the depository business and supporting auxiliary service. The economic and legal responsibilities arising from the breach of law and regulations shall be borne by Party B.
