Authorised Overruns Clause Samples
The 'Authorised Overruns' clause defines the conditions under which a party is permitted to exceed previously agreed-upon limits, such as timeframes, budgets, or quantities, with formal approval. In practice, this clause typically requires that any overruns be pre-approved in writing by a designated authority, ensuring that all parties are aware of and consent to the additional resources or time being allocated. Its core function is to provide a controlled mechanism for managing exceptions to contractual limits, thereby preventing disputes and ensuring that overruns are handled transparently and with mutual agreement.
Authorised Overruns. An Overrun agreed to by Evoenergy in accordance with this Agreement before it occurs is an authorised Overrun (Authorised Overrun).
Authorised Overruns. An Overrun agreed to by the Service Provider in accordance with this Agreement before it occurs is an authorised Overrun (Authorised Overrun).
Authorised Overruns. An Overrun agreed to by JGN in accordance with this Agreement before it occurs is an authorised Overrun (Authorised Overrun).