Common use of Suspension of Contract Clause in Contracts

Suspension of Contract. a. If required by circumstance or on instruction of NRANVP in writing, the contract may be suspended in whole or in part for a limited period of time and resumed as soon as practicable and decided by parties. b. In case of occurrence of an event of Force Majeure the performance of services may be suspended for the time as mutually agreed upon by both the parties. c. In case of suspension the contract, the performance period shall be extended for a period equal to the time during which the performance of the services has been suspended.

Appears in 9 contracts

Samples: License Agreement, License Agreement, License Agreement

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Suspension of Contract. a. If required by circumstance or on instruction of NRANVP in writing, the contract may be suspended in whole or in part for a limited period of time and resumed as soon as practicable and decided by parties. b. In case of occurrence of an event of Force Majeure the performance of services may be suspended for the time as mutually agreed upon by both the parties. c. In case of suspension the contract, the performance period shall be extended for a period equal to the time during which the performance of the services has been suspended.

Appears in 1 contract

Samples: License Agreement

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