Additional Insurance It shall be the sole responsibility of the Supplier to determine what additional insurance coverage, if any, shall be necessary and advisable for its own protection and/or to fulfill its obligations under the Agreement. Any such additional insurance shall be provided and maintained by the Supplier at its own expense. Force Majeure Majeure Except as expressly provided otherwise in the Agreement, dates and times by which a party is required to render performance under this Agreement shall be postponed to the extent and for the period of time that such party is prevented from meeting such dates and times by an Event of Force Majeure. Purchase of Services The Purchaser shall not be obligated to purchase the Services in the event that the needs of the Purchaser change due to any Event of Force Majeure, provided that the Purchaser promptly advises the Supplier where the Purchaser’s needs change. Notice Where an Event of Force Majeure occurs, the party who is delayed or fails to perform shall give prompt notice to the other party. Performance Such must use reasonable commercial efforts to render performance in a timely manner utilizing to such end all resources reasonably required in the circumstances, including obtaining supplies or services from other sources if the same are reasonably available. Right to Terminate In the such inability to perform shall continue longer than [Insert] Days, the party which has received or which was entitled to receive notice pursuant to Section 9.3 (Notice) may terminate the Agreement by notice to the other party without further liability, expense, or cost of any kind. Dispute Resolution [These clauses permit litigation and simply articulate arbitration as an option. Consider where arbitration should preclude the possibility of litigation.]
Additional Insurance It shall be the sole responsibility of the Supplier to determine what additional insurance coverage, if any, shall be necessary and advisable for its own protection and/or to fulfill its obligations under the Agreement. Any such additional insurance shall be provided and maintained by the Supplier at its own expense. Force Majeure Majeure Except as expressly provided otherwise in the Agreement, dates and times by which a party is required to render performance under this Agreement shall be postponed to the extent and for the period of time that such party is prevented from meeting such dates and times by an Event of Force Majeure. Purchase of Services The Purchaser shall not be obligated to purchase the Services in the event that the needs of the Purchaser change due to any Event of Force Majeure, provided that the Purchaser promptly advises the Supplier where the Purchaser’s needs change. Notice Where an Event of Force Majeure occurs, the party who is delayed or fails to perform shall give prompt notice to the other party. Performance Such must use reasonable commercial efforts to render performance in a timely manner utilizing to such end all resources reasonably required in the circumstances, including obtaining supplies or services from other sources if the same are reasonably available. Right to Terminate In the such inability to perform shall continue longer than [Insert] Days, the party which has received or which was entitled to receive notice pursuant to Section 9.3 (Notice) may terminate the Agreement by notice to the other party without further liability, expense, or cost of any kind. Dispute Resolution [These clauses permit litigation and simply articulate arbitration as an option. Consider where arbitration should preclude the possibility of litigation.]
hscn-ipt-randd-services-agreement-template-october-2018.docx