Initial Notice; Corrective Action Plan Sample Clauses

The "Initial Notice; Corrective Action Plan" clause establishes a process for addressing breaches or deficiencies in contract performance. When one party identifies a problem, they must formally notify the other party, who is then typically required to develop and implement a corrective action plan within a specified timeframe. This clause ensures that issues are addressed promptly and systematically, providing both parties with a clear framework for resolving problems before more severe remedies, such as termination, are considered.
Initial Notice; Corrective Action Plan. In the event FASL determines that AMD’s performance is not satisfactory on the basis of the factors set forth in Section 14.1, FASL may provide written notice to AMD indicating (a) that it believes that AMD’s performance is unsatisfactory, (b) in reasonable detail the nature and the basis of such determination, and (c) that AMD should submit to FASL a corrective action plan setting forth the actions that AMD proposes to take to remedy such performance (“Action Plan”). AMD shall have thirty (30) days from its receipt of such notice in which to respond to FASL, either disputing FASL’s characterization of its performance as unsatisfactory or delivering to FASL an Action Plan. In the event that AMD disputes FASL’s characterization of its performance, the Parties shall meet and discuss the matter in good faith.
View SourceView Similar (3)
Initial Notice; Corrective Action Plan. In the event Spansion determines that Fujitsu’s performance is not satisfactory on the basis of the factors set forth in Section 14.1, Spansion may provide written notice to Fujitsu indicating (a) that it believes that Fujitsu’s performance is unsatisfactory, (b) in reasonable detail the nature and the basis of such determination, and (c) that Fujitsu should submit to Spansion a corrective action plan setting forth the actions that Fujitsu proposes to take to remedy such performance (“Action Plan”). Fujitsu shall have thirty (30) days from its receipt of such notice in which to respond to Spansion, either disputing Spansion’s characterization of its performance as unsatisfactory or delivering to Spansion an Action Plan. In the event that Fujitsu disputes Spansion’s characterization of its performance, the Parties shall meet and discuss the matter in good faith.
View SourceView Similar (3)

Related to Initial Notice; Corrective Action Plan

  • Proposed Corrective Action Plan Simultaneously with the submission of the Audit, the District will submit to OCR for its review and approval a proposed Corrective Action Plan to address all inaccessible content and functionality identified during the District’s Audit. The proposed Corrective Action Plan will set out a detailed schedule for: (1) addressing problems, taking into account identified priorities, with all corrective actions to be completed within 18 months of the date OCR approved the Corrective Action Plan; (2) setting up systems of accountability and verifying claims of accessibility by vendors or open sources; and setting up a system of testing and accountability to maintain the accessibility of all online content and functionality on an ongoing basis. In its Corrective Action Plan, the District will acknowledge that if all inaccessible content and functionality identified during the Audit is not removed or made accessible on a timely basis, the District will be in violation of this Agreement, Section 504, and Title II and OCR may initiate administrative enforcement or judicial proceedings to enforce the specific terms and obligations of the Agreement.

  • Proposal of a Corrective Action Plan In addition to the processes set forth in the Term Contract (e.g., service level agreements), if the Customer or the Department determines that there is a performance deficiency that requires correction by the Contractor, then the Customer or the Department will notify the Contractor. The correction must be made within a timeframe specified by the Customer or the Department. The Contractor must provide the Customer or the Department with a corrective action plan describing how the Contractor will address all performance deficiencies identified by the Customer or the Department.

  • Corrective Action Plan Within fifteen (15) Business Days following the establishment of the Joint Remediation Committee, the Purchasers, in consultation with the Sellers, shall prepare and submit to the Joint Remediation Committee an initial draft of the Corrective Action Plan. The parties shall work in good faith through the Joint Remediation Committee to finalize the Corrective Action Plan within fifteen (15) Business Days of the Purchasers’ submission of the initial draft of the Correct Action Plan. At the end of such period, if the Sellers reasonably determine that the Corrective Action Plan proposed by the Purchasers (as may be modified over the course of such period) would not reasonably be expected to satisfactorily address the Major Default, then the Sellers may escalate the issue to the Head of Commercial Capital (or equivalent leader of any successor business unit) of the Seller Group and the Chief Executive Officer of the Bank Assets Purchaser (the “Senior Executives”) and the Senior Executives shall work collaboratively (including with the Joint Remediation Committee) to develop a mutually agreeable Corrective Action Plan within fifteen (15) Business Days.

  • Corrective Action Plans If the OAG finds deficiencies in ▇▇▇▇▇▇▇’s performance under this Grant Contract, the OAG, at its sole discretion, may impose one or more of the following remedies as part of a corrective action plan: increase of monitoring visits; require additional or more detailed financial and/or programmatic reports be submitted; require prior approval for expenditures; require additional technical or management assistance and/or make modifications in business practices; reduce the contract amount; and/or terminate this Grant Contract. The foregoing are not exclusive remedies, and the OAG may impose other requirements that the OAG determines will be in the best interest of the State.

  • Proposal of Corrective Action Plan In addition to the processes set forth in the Contract (e.g., service level agreements), if the Department or Customer determines that there is a performance deficiency that requires correction by the Contractor, then the Department or Customer will notify the Contractor. The correction must be made within a time-frame specified by the Department or Customer. The Contractor must provide the Department or Customer with a corrective action plan describing how the Contractor will address all performance deficiencies identified by the Department or Customer.