Common use of Slippage Clause in Contracts

Slippage. If Supplier reasonably anticipates any delay (for any reason) in meeting any of its Contract Milestones, it will give Spark written notice as soon as is reasonably practicable including the reasons for the delay. Both parties will then consult with a view to identifying ways to mitigate the delay. If this gives rise to a Change Request, the timeframe for preparation of a corresponding Change Impact Report will be no more than 2 Working Days. Notice under this clause will not excuse Supplier from its obligation to meet Contract Milestones or from any consequences of delay.