Purchaser’s Right to Suspend Clause Samples

The Purchaser’s Right to Suspend clause grants the buyer the authority to temporarily halt the performance of contractual obligations by the seller or service provider. In practice, this means the purchaser can instruct the other party to pause work or delivery of goods, often under specific circumstances such as delays, quality concerns, or changes in project requirements. This clause serves to protect the purchaser’s interests by providing flexibility to address issues as they arise, ensuring that the project or transaction can be managed effectively without committing to continued performance under problematic conditions.
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Purchaser’s Right to Suspend. (a) Purchaser may, at any time after Notice to Seller specifying the effective date of the suspension (a “Suspension Notice”), require Seller to suspend its installation and commissioning work, or any portion thereof. Upon receipt of a Suspension Notice, Seller shall take reasonable steps to suspend its work as soon as reasonably possible and to secure the Project Site for the expected period of the suspension. If Purchaser suspends Seller’s installation and commissioning work without cause (i.e., other than as a result of a Force Majeure Event or Seller Event of Default), Purchaser shall reimburse Seller for reasonable costs and expenses, subject to Cost Substantiation, actually incurred and payable by Seller to protect the Project Site and materials and equipment that would not have been incurred as part of its work. (b) Upon providing a Suspension Notice to Seller, Purchaser shall promptly arrange to discuss with Seller the specific requirements of the suspension and whether or not Purchaser anticipates that demobilization, remobilization, or idle equipment will occur as a result of the suspension. (c) Upon receiving a Suspension Notice, Seller shall discontinue the suspended work, place no further purchase orders (specific to the System) or subcontracts with respect to the suspended work, and promptly make reasonable efforts to obtain reasonably satisfactory suspension terms with respect to all purchase orders, subcontracts, supply contracts, and rental agreements specific to the suspended work. Seller shall continue to perform all other portions of the Services that have not been suspended by Purchaser. (d) Purchaser may, at any time, authorize the resumption of the suspended work or any part thereof, by giving Seller reasonable Notice specifying the part of the suspended work to be resumed and the effective date of such resumption. Seller shall resume the suspended work on the date and the extent specified in such Notice. (e) Seller shall use its employees, Subcontractors, equipment, and materials in such manner, and take such other steps as may be necessary or desirable to minimize the costs associated with the suspended work. During the period of the suspended work, Seller shall secure and protect the suspended work and all materials and equipment to be used or incorporated therein. (f) Purchaser’s suspension of the work as provided in this Section 5.11 shall extend the Project Schedule (including the Expected Commercial Operation Date) on a Day-fo...
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Related to Purchaser’s Right to Suspend

  • Right to suspend 2.1.1 Network Rail may serve a Suspension Notice where a Train Operator Event of Default has occurred and is continuing. 2.1.2 The Train Operator may serve a Suspension Notice where a Network Rail Event of Default has occurred and is continuing.

  • BUYER’S RIGHT TO CANCEL If after completion of an appraisal by a licensed appraiser, Buyer receives written notice from the Lender or the appraiser that the Property has appraised for less than the Purchase Price (a “Notice of Appraised Value”), Buyer may cancel the REPC by providing written notice to Seller (with a copy of the Notice of Appraised Value) no later than the Financing & Appraisal Deadline referenced in Section 24(c); whereupon the ▇▇▇▇▇▇▇ Money Deposit shall be released to Buyer without the requirement of further written authorization from Seller.

  • Owner’s Right to Stop Work The Owner reserves the right, for itself and for any designated Construction Inspector retained by Owner, upon observation of apparent nonconforming Work, to immediately stop the affected Work. If the Work is later determined by the Design Professional to be in fact conforming Work, then Contractor shall be entitled upon timely claim to a Change Order for payment by Owner of any reasonable Actual Costs actually incurred by Contractor in connection with the stop Work order and resumption of the Work, as well as an extension in the time for performance of the Work to the extent Contractor is delayed by Owner's stop Work order. The Design Professional shall determine the time, which shall be binding upon both Owner and Contractor, as set forth in Section 3, Part 3.

  • STATE'S RIGHT TO STOP THE WORK 3.3.1 If the Contractor fails to correct defective Work as required by Paragraph 13.2 or persistently fails to carry out the Work in accordance with the Contract Documents, the State, by a written order signed personally or by an agent specifically so empowered by the State in writing, may order the Contractor to stop the Work, or any portion thereof, until the cause for such order has been eliminated; however, this right of the State to the stop the Work shall not give rise to any duty on the part the State to exercise this right for the benefit of the Contractor or any other person or entity, except to the extent required by Subparagraph 6.1.3.

  • Right to Set Off Notwithstanding anything to the contrary in this License Agreement, each Party has the right at all times to retain and set off against all amounts due and owing to the other Party as determined in a final judgment any damages recovered by such Party for any Losses incurred by such Party.