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Template:Nutshell EUA Annex (d)(i)(5): Difference between revisions
Template:Nutshell EUA Annex (d)(i)(5) (view source)
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{{euaprov|(d)(i)( | {{euaprov|(d)(i)(5)}} '''{{euaprov|Suspension Event}}''' | ||
:(A) '''Notification''': A party impacted by a {{euaprov|Suspension Event}} must notify the other party in writing as soon as reasonably practicable. It must also give what etails of the {{euaprov|Suspension Event}} it has and a non-binding estimate of the extent and expected duration of its resultant inability to perform. | :(A) '''Notification''': A party impacted by a {{euaprov|Suspension Event}} must notify the other party in writing as soon as reasonably practicable. It must also give what etails of the {{euaprov|Suspension Event}} it has and a non-binding estimate of the extent and expected duration of its resultant inability to perform. | ||
:(B) '''Effect''': Upon a {{euaprov|Suspension Event}} both parties’ olibgations will be suspended, subject to {{euaprov|Continuing Suspension Event}} below, until the {{euaprov|Suspension Event}} is no longer preventing settlement. During the {{euaprov|Suspension Event}}, the affected party must continue to use all reasonable endeavours to overcome it. | :(B) '''Effect''': Upon a {{euaprov|Suspension Event}} both parties’ olibgations will be suspended, subject to {{euaprov|Continuing Suspension Event}} below, until the {{euaprov|Suspension Event}} is no longer preventing settlement. During the {{euaprov|Suspension Event}}, the affected party must continue to use all reasonable endeavours to overcome it. | ||