Example ContractsClausesfailure to supplyVariants
Failure to Supply
Failure to Supply contract clause examples

Supply Interruptions. Supplier shall promptly notify Verrica in writing if at any time Supplier has reason to believe that Supplier will not be able to fill a Purchase Order for the Material in accordance with the delivery dates specified therein by Verrica and pursuant to the terms and conditions of this Agreement, which notice shall provide Verrica with information on the extent of the expected shortfall of supply, the reasons therefor and the date by which Supplier anticipates such supply shortfall will end. Supplier shall resume supply of Material as quickly as possible following a supply interruption, and shall keep Verrica informed in writing of Supplier’s progress toward that end. Verrica shall have no obligation to Supplier with respect to any Purchase Orders during any supply interruption. In the event that a supply interruption extends for a period longer than ​, Verrica shall be entitled to request a full refund of any advance deposit made under the applicable Purchase Order.

Shortages. Verrica shall notify Supplier in writing of any shortage in quantity of any shipment of any Material after becoming aware of any such shortage. In the event of such shortage, Supplier shall make up the shortage and ship the Material on an expedited basis at Supplier’s sole cost and expense within ​ after receiving such notice.

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