Common use of Where Party B is Clause in Contracts

Where Party B is. a supplier of a government procurement unit, the government procurement unit delays payment for 3 consecutive or cumulative times or presents other risks not conducive to the repayment of Party B’s credit debts to Party A, or Party B is disqualified as a supplier (is entered into the government’s procurement blacklist), or makes untimely delivery of goods, or supplies products of unstable quality, or experiences operation difficulties or significant deterioration in its financial conditions (insolvency), or discontinues its projects, etc.;

Appears in 2 contracts

Samples: Genetron Holdings LTD, Genetron Holdings LTD

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Where Party B is. a supplier of to a government procurement unit, and the government procurement unit delays payment for 3 consecutive or cumulative times or presents other faces risks not conducive detrimental to the repayment of Party BA’s credit debts to Party Acredit, such as consecutive or cumulative delays in payment for three periods, or disqualification of Party B is disqualified as a supplier (is entered into the government’s placed on a government procurement blacklist), or makes untimely delivery of goodsfailure to deliver supplies on time, or supplies products of unstable product quality, or experiences operation difficulties or operational difficulties, significant deterioration in its financial conditions (insolvencyinsolvent), or discontinues its halting of projects, etc.;

Appears in 1 contract

Samples: Zai Lab LTD

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Where Party B is. a supplier of a government procurement unit, the government procurement unit delays payment for 3 three consecutive or cumulative times or presents other risks not conducive to the repayment of Party B’s credit debts to Party A, or Party B is disqualified as a supplier (is entered into the government’s procurement blacklist), or makes untimely delivery of goods, or supplies products of unstable quality, or experiences operation difficulties or significant deterioration in its financial conditions (insolvency), or discontinues its projects, etc.;

Appears in 1 contract

Samples: Facilities Agreement (ACM Research, Inc.)

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