Common use of Execution of the assignment Clause in Contracts

Execution of the assignment. 1. All services provided by ▇▇▇ Tax are performed to the best of its knowledge and ability in accordance with high standards. The intended work is subject to a best efforts obligation on the part of ▇▇▇ Tax, unless explicitly stipulated otherwise. 2. ▇▇▇ Tax will keep a working file on the assignment containing copies of relevant documents, which file will be the property of ▇▇▇ Tax. 3. The Client shall ensure that all data and documents ▇▇▇ Tax deems necessary for the correct and timely execution of the assignment are made available to ▇▇▇ Tax in time and in the form and manner ▇▇▇ Tax desires. 4. Unless the nature of the assignment dictates otherwise, the Client is responsible for the correctness, completeness and reliability of the data and documents made available to ▇▇▇ Tax, even if they originate with or are received from third parties. 5. The extra costs and extra fees resulting from a delay in the execution of the assignment due to the fact that the requested data and/or documents were not, not timely or not properly supplied shall be borne by the Client. If the assignment is entered into on a no cure no pay basis and this assignment cannot be completed (in full) because the requested data and/or documents have not been made available or have not been made available in good time or properly, the success fee will be charged to the Client immediately and in full. 6. The Client shall ensure that ▇▇▇ Tax is immediately informed about facts and circumstances that may be of importance for the correct execution of the assignment. If the assignment is entered into on a no cure no pay basis, these facts and circumstances may lead to a different assignment and/or to a situation in which ▇▇▇ Tax can no longer successfully complete the assignment, this at the discretion of ▇▇▇ Tax. This will in any case include the scenario where the board and/or the shareholders of the Client have in fact ceased to function as a unit, inter alia as a result of disputes between them. In that case the success fee will be charged immediately and in full by ▇▇▇ Tax. 7. If the Client works out (parts of) the assignment itself, ▇▇▇ Tax remains entitled to charge the full success fee, if it concerns an assignment on a no cure no pay basis. 8. During the execution of the assignment the Client and ▇▇▇ Tax shall communicate with each other, inter alia, by means of electronic data interchange. The Client and ▇▇▇ Tax hereby agree that they will not be liable to each other for any damage that may arise for one or both of them as a result of the use of electronic data interchange.

Appears in 2 contracts

Sources: General Terms and Conditions, General Terms and Conditions