CONTRACT PERFORMANCE/ENFORCEMENT Sample Clauses
The CONTRACT PERFORMANCE/ENFORCEMENT clause defines the obligations of each party to fulfill their duties as outlined in the agreement and establishes mechanisms for ensuring compliance. Typically, this clause specifies standards for performance, timelines, and the steps that may be taken if a party fails to meet its contractual responsibilities, such as providing notice of breach or pursuing remedies like damages or specific performance. Its core function is to ensure that both parties are held accountable for their commitments, thereby promoting reliability and providing clear recourse in the event of non-performance.
CONTRACT PERFORMANCE/ENFORCEMENT. 3 North Sound BH-ASO shall be vested with the rights of a third-party beneficiary, including the 4 "cut through" right to enforce performance should Provider be unwilling or unable to enforce 5 action on the part of its subcontractor(s). In the event Provider dissolves or otherwise 6 discontinues operations, North Sound BH-ASO may, at its sole option, assume the right to 7 enforce the terms and conditions of this Contract directly with subcontractors; provided North 8 Sound BH-ASO keeps Provider reasonably informed concerning such enforcement. Provider 9 shall include this clause in its contracts with its subcontractors. In the event of the dissolution 10 of Provider, North Sound BH-ASO’s rights in indemnification shall survive.
CONTRACT PERFORMANCE/ENFORCEMENT. 2 North Sound BH-ASO shall be vested with the rights of a third-party beneficiary, including the 3 "cut through" right to enforce performance should Provider be unwilling or unable to enforce 4 action on the part of its subcontractor(s). In the event Provider dissolves or otherwise 5 discontinues operations, North Sound BH-ASO may, at its sole option, assume the right to 6 enforce the terms and conditions of this Contract directly with subcontractors; provided North
CONTRACT PERFORMANCE/ENFORCEMENT. 19 North Sound BH-ASO shall be vested with the rights of a third-party beneficiary, including 20 the "cut through" right to enforce performance should Contractor be unwilling or unable 21 to enforce action on the part of its/their subcontractor(s). In the event the Contractor 22 dissolves or otherwise discontinues operations, North Sound BH-ASO may, at its sole 23 option, assume the right to enforce the terms and conditions of this Contract directly 24 with Contractor. Contractor shall include this clause in their contracts with their 25 subcontractors. In the event of the dissolution of Contractor, North Sound BH-ASO’s 26 rights in indemnification shall survive.
CONTRACT PERFORMANCE/ENFORCEMENT. GRBH-ASO shall be vested with the rights of a third-party beneficiary, including the "cut through" right to enforce performance should Provider be unwilling or unable to enforce action on the part of its subcontractor(s). In the event Provider dissolves or otherwise discontinues operations, GRBH-ASO may, at its sole option, assume the right to enforce the terms and conditions of this Contract directly with subcontractors; provided GRBH-ASO keeps Provider reasonably informed concerning such enforcement. Provider shall include this clause in its contracts with its subcontractors. In the event of the dissolution of Provider, GRBH-ASO’s rights in indemnification shall survive.