Template:GTMA Master Agreement 2004 8.6: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{gtmaprov|8.6}} '''Failure to Issue Monthly Statement'''<br> :{{gtmaprov|8.6.1}} If the {{gtmaprov|Seller}} fails to issue a {{gtmaprov|Monthly Statement}} in accordance wit...") |
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{{gtmaprov|8.6}} '''Failure to Issue Monthly Statement'''<br> | {{gtmaprov|8.6}} '''{{gtmaprov|Failure to Issue Monthly Statement}}'''<br> | ||
:{{gtmaprov|8.6.1}} If the {{gtmaprov|Seller}} fails to issue a {{gtmaprov|Monthly Statement}} in accordance with clause {{gtmaprov|8.1}}, then the {{gtmaprov|Buyer}} may issue that {{gtmaprov|Monthly Statement}} to the {{gtmaprov|Seller}} and, once issued, that {{gtmaprov|Monthly Statement}} shall be treated as a {{gtmaprov|Monthly Statement}} issued by the {{gtmaprov|Seller}} for the purposes of this {{gtmaprov|Agreement}}.<br> | :{{gtmaprov|8.6.1}} If the {{gtmaprov|Seller}} fails to issue a {{gtmaprov|Monthly Statement}} in accordance with clause {{gtmaprov|8.1}}, then the {{gtmaprov|Buyer}} may issue that {{gtmaprov|Monthly Statement}} to the {{gtmaprov|Seller}} and, once issued, that {{gtmaprov|Monthly Statement}} shall be treated as a {{gtmaprov|Monthly Statement}} issued by the {{gtmaprov|Seller}} for the purposes of this {{gtmaprov|Agreement}}.<br> | ||
:{{gtmaprov|8.6.2}} Except as provided in this clause {{gtmaprov|8}}, failure to issue a {{gtmaprov|Monthly Statement}} shall not affect the rights and obligations of the {{gtmaprov|Parties}} under this {{gtmaprov|Agreement}} and shall not be a material breach of this {{gtmaprov|Agreement}} under clause 12.1.5. | :{{gtmaprov|8.6.2}} Except as provided in this clause {{gtmaprov|8}}, failure to issue a {{gtmaprov|Monthly Statement}} shall not affect the rights and obligations of the {{gtmaprov|Parties}} under this {{gtmaprov|Agreement}} and shall not be a material breach of this {{gtmaprov|Agreement}} under clause 12.1.5. | ||
Latest revision as of 15:31, 16 July 2012
8.6 Failure to Issue Monthly Statement
- 8.6.1 If the Seller fails to issue a Monthly Statement in accordance with clause 8.1, then the Buyer may issue that Monthly Statement to the Seller and, once issued, that Monthly Statement shall be treated as a Monthly Statement issued by the Seller for the purposes of this Agreement.
- 8.6.2 Except as provided in this clause 8, failure to issue a Monthly Statement shall not affect the rights and obligations of the Parties under this Agreement and shall not be a material breach of this Agreement under clause 12.1.5.