Notwithstanding clause F4 Clause Samples
The 'Notwithstanding clause F4' serves to establish that the provisions within clause F4 take precedence over any conflicting terms elsewhere in the contract. In practice, this means that if there is any inconsistency between clause F4 and other clauses, the terms of F4 will override the others. This ensures that the specific intentions or requirements set out in clause F4 are upheld, providing clarity and certainty in the event of conflicting contractual language.
Notwithstanding clause F4. 1, the Contractor may assign to a third party (“the Assignee”) the right to receive payment of the Contract Price or any part thereof due to the Contractor under this Contract (including any interest which the Authority incurs under clause C2 (Payment and VAT)). Any assignment under this clause F4.5 shall be subject to:
Notwithstanding clause F4. 1, the Contractor may assign to a third party (“the Assignee”) the right to receive payment of the Contract Price or any part thereof due to the Contractor under this Contract (including any interest which the Authority incurs under clause C2 (Payment and VAT)). Any assignment under this clause F4.5 shall be subject to:
(a) reduction of any sums in respect of which the Authority exercises its right of recovery under clause C3 (Recovery of Sums Due);
(b) all related rights of the Authority under the Contract in relation to the recovery of sums due but unpaid; and
(c) the Authority receiving notification under both clauses F4.6 and F4.
Notwithstanding clause F4. 1, the Authority acknowledges that the Contractor has, with effect from the Commencement Date, assigned to BioD the right to issue invoices on behalf of the Contractor and receive payment of the Contract Price or any part thereof due to the Contractor under this Contract (including any interest which the Authority incurs under clause C2 (Payment and VAT)). This assignment is subject to: