Should Supplier Clause Samples
The "Should Supplier" clause outlines the obligations or recommended actions that the supplier is expected to fulfill under the agreement. Typically, this clause specifies certain standards, behaviors, or deliverables that the supplier should meet, such as providing timely updates, maintaining quality, or adhering to industry best practices. By clearly stating these expectations, the clause helps ensure that both parties understand the supplier's role and responsibilities, thereby reducing ambiguity and supporting effective contract performance.
Should Supplier fail to acknowledge receipt of the notice within 30 days of receipt of the Notice;
Should Supplier. 8.1.1 fail to perform the Contract to the terms of the Service Level Agreement in Schedule 3 ; or
8.1.2 fail to fulfil or comply with any of its obligations hereunder and, where such failure is remediable, fail to remedy such failure within 14 days of notice in writing from Bourne Leisure specifying the failure and requiring its remedy; or
8.1.3 become bankrupt, or make an arrangement or composition with its creditors, or have a petition presented or a resolution passed for its winding up, or have an administrator, manager, receiver or administrative receiver appointed in respect of it, or is unable to pay its debts; then Bourne Leisure shall be entitled to terminate the Contract forthwith by giving notice in writing to Supplier.
Should Supplier fail to deliver the Goods by the Delivery Date, Customer, at its sole discretion, (i) shall be entitled to late performance damages as provided under Clause 14.1 and/or (ii) has the right to have such Goods provided by a third party. The direct and documented costs incurred by Customer in connection with the provision of the Goods by such third party shall be payable by Supplier. Transfer of ownership and risk of Goods 7.8 Ownership of the Goods shall transfer from Supplier to Customer when the Customer pays for the Goods or part thereof in accordance with Part 4 - Specific Terms.
