Duty to Mitigate definition

Duty to Mitigate. The following provision is added as a new Section 4.3: “Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party's performance or non-performance of the Agreement.”
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Examples of Duty to Mitigate in a sentence

  • Assignment of Commitments Under Certain Circumstances; Duty to Mitigate.

  • Assignment of Commitments Under Certain Circumstances; Duty to Mitigate...........................................

  • Assignment of Commitments Under Certain Circumstances; Duty to Mitigate....................

  • Assignment of Commitments Under Certain Circumstances; Duty to Mitigate.........................................

  • Assignment of Commitments Under Certain Circumstances; Duty to Mitigate........................................................................

  • Assignment of Commitments under Certain Circumstances; Duty to Mitigate 46 SECTION 2.22.

  • Duty to Mitigate; Assignment of Commitments Under Certain Circumstances...........................................

  • Assignment of Commitments Under Certain Circumstances; Duty to Mitigate........................................................

  • Assignment of Commitments Under Certain Circumstances; Duty to Mitigate...................................

  • Duty to Mitigate; Assignment of Commitments Under Certain Circumstances 25 SECTION 2.21.

Related to Duty to Mitigate

  • right to information means the right to information accessible under this Act which is held by or under the control of any public authority and includes the right to—

  • Mitigate means to reduce or alleviate the impact of OCI to an acceptable level of risk so that the Government’s interest with regard to fair competition and/or contract performance is not prejudiced.

  • Further Competition Procedure means the further competition procedure described in paragraph 3 of Framework Schedule 5 (Call Off Procedure);

  • Punitive Damages are those damages awarded as a penalty, the amount of which is neither governed nor fixed by statute.

  • Breach of Agreement provisions of Section 5(a)(ii) will apply to Party A and will not apply to Party B.