Common use of – SUSPENSION OF THE CONTRACT Clause in Contracts

– SUSPENSION OF THE CONTRACT. We may suspend the contract while circumstances exist which, in our reasonable opinion, materially adversely affect the basis on which the contract was entered into or our performance of it. If, following suspension of the contract, we both agree to resume performance of it, we will first agree any changes to the contract which may be necessary as a result of its suspension, including fees, costs and timetable. If such a period of suspension exceeds 30 days, we may terminate the contract with immediate effect by written notice to you.

– SUSPENSION OF THE CONTRACT. We Either party may suspend the contract while circumstances exist which, in our such party’s reasonable opinion, materially adversely affect the basis on which the contract was entered into or our performance of it. If, following suspension of the contract, we both parties agree to resume performance of it, we Future Purchasing will first agree any changes to the contract which may be necessary as a result of its suspension, including fees, costs and timetable. If such a period of suspension exceeds 30 days, we the Contract may terminate the contract be terminated by either party with immediate effect by written notice to youthe other party.