Suspension or Delay without Charge Sample Clauses

The Suspension or Delay without Charge clause allows one party to temporarily halt or postpone the performance of contractual obligations without incurring additional costs or penalties. In practice, this clause may be invoked in situations such as unforeseen events, regulatory delays, or other circumstances beyond the control of the parties, and it typically outlines the process for notifying the other party and the duration of the suspension. Its core function is to provide flexibility and protect parties from unfair financial consequences when delays occur for reasons outside their control.
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Suspension or Delay without Charge. If Triad elects to exercise this right and Triad’s decision is based on Supplier’s material failure to perform its obligations under this Agreement (including a failure to timely meet one or more Transition Milestones), Triad shall not incur any additional Charges or reimbursable expenses in connection with such decision.
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Suspension or Delay without Charge. If Triad elects to exercise this right and Triad’s decision is based on Supplier’s material failure to perform its obligations under this Agreement (including a failure (A) to timely complete an ERP Implementation Milestone or a C&RC Implementation Milestone, or (B) of the ERP Solution or the C&RC Solution [**] Certain confidential information contained in this document, marked by [**], has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. to comply with their specifications for a particular facility, all in accordance with Schedule D), Triad shall not incur any additional Charges or reimbursable expenses in connection with such decision.
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Related to Suspension or Delay without Charge

  • Suspension Without Pay If Employee is suspended and/or temporarily prohibited from participating in the conduct of the Employer’s affairs by a notice served under Section 8(e)(3) or (g)(1) of the Federal Deposit Insurance Act, the Employer’s obligations under this Agreement will be suspended as of the date of service thereof, unless stayed by appropriate proceedings. If the charges in such notice are dismissed, the Employer may in its discretion: (a) pay Employee all or part of the compensation withheld while its contract obligations were suspended; and/or (b) reinstate (in whole or in part) any of its obligations which were suspended.

  • Suspension of Access Ricoh reserves the right to suspend or terminate authorizations, or to suspend or block access to all or any part of the Site or Services as provided in paragraph 10 hereof.

  • Suspension or Debarment In addition to the representations and requirements set forth in Section C.4: (a) The Contractor certifies for itself and Contractor Parties involved in the administration of federal or state funds that they: (1) are not presently debarred, suspended, proposed for debarment, declared ineligible, or voluntarily excluded by any governmental agency (federal, state or local); (2) within a three year period preceding the effective date of this Contract, have not been convicted or had a civil judgment rendered against them for commission of fraud or a criminal offense in connection with obtaining, attempting to obtain or performing a public (federal, state or local) transaction or contract under a public transaction; for violation of federal or state antitrust statutes or commission of embezzlement, theft, forgery, bribery, falsification or destruction of records, making false statements or receiving stolen property; (3) are not presently indicted for or otherwise criminally or civilly charged by a governmental entity (federal, state or local) with commission of any of the above offenses; and (4) have not within a three year period preceding the effective date of this Contract had one or more public transactions terminated for cause or fault. (b) Any change in the above status shall be immediately reported to the Agency.

  • Suspension Termination If Borrower voluntarily suspends its business or, the partnership is dissolved or terminated, other than a technical termination of the partnership for tax purposes.

  • Suspension of Services We have the right to suspend the benefit of any Credit Union service at any time for reasonable cause. At Our discretion, We also have the right to pay any share draft presented for payment from Your Account after Your Account is closed or suspended and to recover such amount paid from You.