Consequence of rejection Sample Clauses

Consequence of rejection. MTPC shall use Commercially Reasonable Efforts to replace rejected Wf-516 Bulk within the shortest possible time after MTPC’s receipt of notice thereof provided materials are available, and in any event within sixty (60) days if, subsequent to investigation, Wf-516 Bulk deemed by LICENSEE to be rejected is found to meet the Specifications, then LICENSEE will not only pay for the originally shipped Wf-516 Bulk but also any replacement Wf-516 Bulk made, or in process, while the investigation was being conducted. The warranties given by MTPC in Section 11.2.12 to 11.2.16 below shall survive any failure to reject by LICENSEE under this Section 4.5.9.
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Consequence of rejection. If on the stores being rejected by the Inspecting Officer or consignee at the destination, the Supplier fails to make satisfactory supplies within the stipulated period of delivery the Purchaser shall be at liberty to :- (i) require the supplier to replace the rejected stores forthwith but in any event not later than a period of 15 days from the date of rejection and the Supplier shall bear all cost of such replacement, including freight, if any, on such replacing and replaced stores but without being entitled to any extra payment on that or any other account. (ii) purchase or authorize the purchase of quantity of the stores rejected or stores of a similar description when stores exactly complying with specifications are not in the opinion of the Purchaser, which shall be final, readily available without notice to the Supplier at his risk and cost and without affecting the supplier’s liability as regards the supply of any further instalment due under the contract, or (iii) cancel the contract and purchase or authorise the purchase of the stores or stores of a similar description at the risk and cost of the Supplier.
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Consequence of rejection. If on the goods and/or services being with rejected by the Purchaser’s Representative or consignee at the destination the bidder fails to make satisfactory supplies within the stipulated period of the delivery the Administrative Officer shall be at liberty to; I. Allow the bidder to re-submit the goods and/or services in replacement of those rejected, within a specified time, the bidder bearing the cost of freight, if any, on such replacement without being entitled to any extra payment on that account, or. II. Purchase or authorize the purchase of quantity of the goods and/or services rejected or others of a similar description (when goods and/or services exactly complying with particulars are not in the opinion of the Administrative Officer, we shall be final, readily available) without notice to the bidder at his risk and cost and without effecting the Bidder’s liability as regards the supply of any further instalment due under the contract, or. III. Cancel the contract and purchase or authorize the purchase of the goods and/or services or others of a similar description (when goods and/or services exactly complying with the particulars are not in the opinion of the Administrative Officer, we shall be final, readily available) at risk and cost of the bidder. In the event of action being taken under sub clause (ii) above or this sub clause the provisions of clause 14 shall apply as far as applicable.
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Related to Consequence of rejection

  • No Representation; Consequences of Breach, etc You acknowledge and agree that: 6.1 neither we, nor any member of the Group nor any of our or their respective officers, employees or advisers (each a “Relevant Person”) (i) make any representation or warranty, express or implied, as to, or assume any responsibility for, the accuracy, reliability or completeness of any of the Confidential Information or any other information supplied by us or the assumptions on which it is based or (ii) shall be under any obligation to update or correct any inaccuracy in the Confidential Information or any other information supplied by us or be otherwise liable to you or any other person in respect of the Confidential Information or any such information; and 6.2 we or members of the Group may be irreparably harmed by the breach of the terms of this letter and damages may not be an adequate remedy; each Relevant Person may be granted an injunction or specific performance for any threatened or actual breach of the provisions of this letter by you.

  • Absence of Regulatory Actions Since January 1, 2014, neither Purchaser nor any of its Subsidiaries has been a party to any cease and desist order, written agreement or memorandum of understanding with, or any commitment letter or similar undertaking to, or has been subject to any action, proceeding, order or directive by any Governmental Entity, or has adopted any board resolutions relating to such matters as are material to the business of Purchaser or its Subsidiaries at the request of any Governmental Entity, or has been advised by any Governmental Entity that it is contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any such action, proceeding, order, directive, written agreement, memorandum of understanding, commitment letter, board resolutions or similar undertaking. To the Knowledge of Purchaser, there are no material unresolved violations, criticisms or exceptions by any Governmental Entity with respect to any report or statement relating to any examinations of Purchaser or its Subsidiaries.

  • Financial Consequences The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for Non-Performance Contractor will timely submit completed Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager Contractor will timely submit completed MFMP Transaction Fee Reports All MFMP Transaction Fee Reports will be submitted timely with the required information Reports are due on or before the 15th calendar day after the close of each month $100 per Calendar Day late/not received by the Contract Manager

  • Termination Consequences In the event of this agreement being determined whether by effluxion of time Notice breach or otherwise:

  • LIABILITY FOR FAILURE TO COMPLETE TRANSACTIONS If We do not