Termination and Reduction. 16.1 In the event of acts of God, fire, storm, flood, earthquake, explosion, accident, acts of a public enemy or terrorism, war, rebellion, insurrection, sabotage, epidemic, quarantine restrictions, industrial dispute, transportation embargo or failure or delay in transportation that render the performance of the Services impracticable or impossible either Party may, upon providing a minimum of three (3) calendar months written notice to the other, terminate the SRA Agreement. 16.2 In addition to clause 16.1, ACIAR may at any time by written notice, terminate the SRA Agreement, or reduce it in scope. If the SRA Agreement is terminated under clause 16.1 or 16.2, ACIAR shall be liable only for: (a) payments under the payment provisions of the SRA Agreement for Services rendered before the effective date of termination; and (b) subject to clauses 16.3, 16.4 and 16.5 any reasonable costs incurred by the Commissioned Agent and directly attributable to the termination or partial termination of the SRA Agreement. 16.3 Upon receipt of a notice of termination the Commissioned Agent shall: (a) stop work as specified in the notice; (b) take all available steps to minimise loss resulting from that termination and protect the Material; and (c) continue work on any part of the Services not affected by the notice. 16.4 In the event of a reduction in scope, ACIAR's liability to provide funds under the SRA Agreement shall, in the absence of agreement to the contrary, xxxxx proportionately to the reduction in the Services. 16.5 ACIAR shall not be liable to pay compensation in an amount that would, in addition to any amounts paid or due, or becoming due, to the Commissioned Agent under the SRA Agreement, together exceed the funds set out in the SRA Agreement. The Commissioned Agent shall not be entitled to compensation for loss of prospective profits. 16.6 If the Commissioned Agent fails to fulfil or is in breach of any of its material obligations under the SRA Agreement and does not rectify the omission or breach after receiving fourteen (14) days’ notice in writing from ACIAR to do so, ACIAR may terminate the SRA Agreement by giving written notice to the Commissioned Agent of the termination which is effective immediately.
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Samples: Standard Conditions for Small R&d Activities, Standard Conditions for Small R&d Activities, Standard Conditions for Small R&d Activities
Termination and Reduction. 16.1 19.1 In the event of acts of God, fire, storm, flood, earthquake, explosion, accident, acts of a public enemy or terrorism, war, rebellion, insurrection, sabotage, epidemic, quarantine restrictions, industrial dispute, transportation embargo or failure or delay in transportation that render the performance of the Services impracticable or impossible either Party may, upon providing a minimum of three (3) calendar months written notice to the other, terminate the SRA Agreement.
16.2 19.2 In addition to clause 16.119.1, ACIAR may at any time by written notice, terminate the SRA Agreement, or reduce it in scope. If the SRA Agreement is terminated under clause 16.1 19.1 or 16.219.2, ACIAR shall be liable only for:
(a) payments under the payment provisions of the SRA Agreement for Services rendered before the effective date of termination; and
(b) subject to clauses 16.319.3, 16.4 19.4 and 16.5 19.5 any reasonable costs incurred by the Commissioned Agent and directly attributable to the termination or partial termination of the SRA Agreement.
16.3 19.3 Upon receipt of a notice of termination the Commissioned Agent shall:
(a) stop work as specified in the notice;
(b) take all available steps to minimise loss resulting from that termination and protect the Material; and
(c) continue work on any part of the Services not affected by the notice.
16.4 19.4 In the event of a reduction in scope, ACIAR's liability to provide funds under the SRA Agreement shall, in the absence of agreement to the contrary, xxxxx proportionately to the reduction in the Services.
16.5 19.5 ACIAR shall not be liable to pay compensation in an amount that would, in addition to any amounts paid or due, or becoming due, to the Commissioned Agent under the SRA Agreement, together exceed the funds set out in the SRA Agreement. The Commissioned Agent shall not be entitled to compensation for loss of prospective profits.
16.6 19.6 If the Commissioned Agent fails to fulfil or is in breach of any of its material obligations under the SRA Agreement and does not rectify the omission or breach after receiving fourteen (14) days’ days notice in writing from ACIAR to do so, ACIAR may terminate the SRA Agreement by giving written notice to the Commissioned Agent of the termination which is effective immediately.
Appears in 3 contracts
Samples: Standard Conditions for Small R&d Activities, Standard Conditions for Small R&d Activities, Standard Conditions for Small R&d Activities
Termination and Reduction. 16.1 In the event of acts of God, fire, storm, flood, earthquake, explosion, accident, acts of a public enemy or terrorism, war, rebellion, insurrection, sabotage, epidemic, quarantine restrictions, industrial dispute, transportation embargo or failure or delay in transportation that render the performance of the Services impracticable or impossible either Party may, upon providing a minimum of three (3) calendar months written notice to the other, terminate the SRA Agreement.
16.2 . In addition to clause 16.1, ACIAR may at any time by written notice, terminate the SRA Agreement, or reduce it in scope. If the SRA Agreement is terminated under clause 16.1 or 16.2, ACIAR shall be liable only for:
(a) : payments under the payment provisions of the SRA Agreement for Services rendered before the effective date of termination; and
(b) and subject to clauses 16.3, 16.4 and 16.5 any reasonable costs incurred by the Commissioned Agent and directly attributable to the termination or partial termination of the SRA Agreement.
16.3 . Upon receipt of a notice of termination the Commissioned Agent shall:
(a) : stop work as specified in the notice;
(b) ; take all available steps to minimise loss resulting from that termination and protect the Material; and
(c) and continue work on any part of the Services not affected by the notice.
16.4 . In the event of a reduction in scope, ACIAR's liability to provide funds under the SRA Agreement shall, in the absence of agreement to the contrary, xxxxx proportionately to the reduction in the Services.
16.5 . ACIAR shall not be liable to pay compensation in an amount that would, in addition to any amounts paid or due, or becoming due, to the Commissioned Agent under the SRA Agreement, together exceed the funds set out in the SRA Agreement. The Commissioned Agent shall not be entitled to compensation for loss of prospective profits.
16.6 . If the Commissioned Agent fails to fulfil or is in breach of any of its material obligations under the SRA Agreement and does not rectify the omission or breach after receiving fourteen (14) days’ notice in writing from ACIAR to do so, ACIAR may terminate the SRA Agreement by giving written notice to the Commissioned Agent of the termination which is effective immediately.
Appears in 2 contracts
Samples: Standard Conditions for Small R&d Activities, Standard Conditions for Small R&d Activities
Termination and Reduction. 16.1 In the event of acts of God, fire, storm, flood, earthquake, explosion, accident, acts of a public enemy or terrorism, war, rebellion, insurrection, sabotage, epidemic, quarantine restrictions, industrial dispute, transportation embargo or failure or delay in transportation that render the performance of the Services impracticable or impossible either Party may, upon providing a minimum of three (3) calendar months written notice to the other, terminate the SRA Agreement.
16.2 . In addition to clause 16.119.1, ACIAR may at any time by written notice, terminate the SRA Agreement, or reduce it in scope. If the SRA Agreement is terminated under clause 16.1 19.1 or 16.219.2, ACIAR shall be liable only for:
(a) : payments under the payment provisions of the SRA Agreement for Services rendered before the effective date of termination; and
(b) and subject to clauses 16.319.3, 16.4 19.4 and 16.5 19.5 any reasonable costs incurred by the Commissioned Agent and directly attributable to the termination or partial termination of the SRA Agreement.
16.3 . Upon receipt of a notice of termination the Commissioned Agent shall:
(a) : stop work as specified in the notice;
(b) ; take all available steps to minimise loss resulting from that termination and protect the Material; and
(c) and continue work on any part of the Services not affected by the notice.
16.4 . In the event of a reduction in scope, ACIAR's liability to provide funds under the SRA Agreement shall, in the absence of agreement to the contrary, xxxxx proportionately to the reduction in the Services.
16.5 . ACIAR shall not be liable to pay compensation in an amount that would, in addition to any amounts paid or due, or becoming due, to the Commissioned Agent under the SRA Agreement, together exceed the funds set out in the SRA Agreement. The Commissioned Agent shall not be entitled to compensation for loss of prospective profits.
16.6 . If the Commissioned Agent fails to fulfil or is in breach of any of its material obligations under the SRA Agreement and does not rectify the omission or breach after receiving fourteen (14) days’ days notice in writing from ACIAR to do so, ACIAR may terminate the SRA Agreement by giving written notice to the Commissioned Agent of the termination which is effective immediately.
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