Delivery reliability. It is the objective of RESOLUX to have a “delivered in full on time” reliability of 95% from the Supplier, measured per order line at agreed delivery time (based on the standard lead-time in appendix 1). The actual delivery performance is discussed at meetings every 6 months or as needed. The Supplier shall not be liable for delivery delays caused by force majeure; however, the Supplier shall undertake to minimize any delay and keep RESOLUX closely informed about the situation. RESOLUX have the right to terminate the agreement, written after warning, for breach in case of failure to meet the target over e.g., any one month or consecutive 3-month period.
Appears in 2 contracts
Sources: Trade Agreement, Trade Agreement