Common use of Late Completion Clause in Contracts

Late Completion. 9.1 Without prejudice to any other right or remedy available to iTouch under this Agreement or at law, if Acceptance of the Licensed Software is not achieved on or before the date specified by which Acceptance is to be achieved then: 9.1.1 a) the iTouch Group shall at its choice be entitled to continue to use, free of charge but otherwise on the terms and conditions of the ASP Agreement, the Licensed Software and services provided under the ASP Agreement, until December 2003 or until Acceptance is achieved whichever is the sooner , 9.1.2 b) any delay in Installation resulting from the sole fault of iTouch or third parties appointed by iTouch - including but not limited to mobile operators, fixed lines suppliers, hardware suppliers and service providers - shall incur a pro rata fee share of the sum of (pound)15,000 per calendar month for the continued use of the m-Wise ASP platform under the existing terms of the ASP agreement ;The sum of (pound)15,000 shall be reviewed by the parties after a period of 6 months has expired or

Appears in 2 contracts

Sources: Agreement for Supply of Software and Related Services (M Wise Inc), Agreement for Supply of Software and Related Services (M Wise Inc)

Late Completion. 9.1 Without prejudice to any other right or remedy available to iTouch under this Agreement or at law, if Acceptance of the Licensed Software is not achieved on or before the date specified by which Acceptance is to be achieved then: 9.1.1 a) the iTouch Group shall at its choice be entitled to continue to use, free of charge but otherwise on the terms and conditions of the ASP Agreement, the Licensed Software and services provided under the ASP Agreement, until December 2003 or until Acceptance is achieved whichever is the sooner , 9.1.2 b) any delay in Installation resulting from the sole fault of iTouch or third parties appointed by iTouch - including but not limited to mobile operators, fixed lines suppliers, hardware suppliers and service providers - shall incur a pro rata fee share of the sum of (pound)15,000 £15,000 per calendar month for the continued use of the m-Wise ASP platform under the existing terms of the ASP agreement ;The sum of (pound)15,000 £15,000 shall be reviewed by the parties after a period of 6 months has expired or

Appears in 1 contract

Sources: Agreement for Supply of Software and Related Services