Examples of Standards of Performance in a sentence
The Supplier acknowledges and accepts that it is a material term of this Agreement that the Standards of Performance prescribed in Schedule D (if any) be maintained for the entire Duration of this Agreement, failing which the Customer my terminate the Agreement with immediate effect.
PENALTIES It is recorded that the rendering of the Services or execution of the Project in accordance with the timelines set out in the Works Programme or Project Plan and the Standards of Performance in Schedule D (if any), is of material importance to the Customer and any non-adherence to such timelines or Standards of Performance may impact adversely on the Customer’s business.
The Customer may request the Supplier to replace an Employee who is incapable of achieving the Specified Objectives or alternatively cannot meet the Standards of Performance (if any) set out in Schedule D.
Where the Customer is of the view that the Services have not been rendered, alternatively the Project has not been executed in accordance with the specified Quality Assurance standards and/or acceptance testing criteria (if any), the Specified Objectives, the Specifications (if any), Good Industry Practice or the Standards of Performance (if any) set out in this Agreement, the Customer will issue a Rejection Notice to the Supplier.
Accordingly, in the event that the timelines or Standards of Performance are not adhered to by the Supplier due to factors attributable to the conduct of the Supplier and/or its Employees, the Customer will be entitled, but not obliged, and without prejudice to any of its other rights, to charge the Supplier a Penalty calculated as agreed and set out in Schedule D (if any), which Penalty will be payable by the Supplier to the Customer on demand.