英语翻译The parties acknowledge and accept real time standards f

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英语翻译
The parties acknowledge and accept real time standards for the delivery of the funds
and products as being agreeable for the performance obligations set forth in this
contract,provided however,both parties acknowledge and greed that (I) Their timely
performance as specified under an article,herein,is an absolute condition of this
contract and (II) failure in such performance may (a) render this contract null and void
at the election and in the sole discretion of the party not in default and (b) shall
immediately subject to the defaulted party to a claim for liquidated damages as set
forth in article herein.

双方认可并接受交付资金和产品的实时性标准,例如合同中的第四条,对于性能指标达成的一致.
即使这样,双方仍然认可并同意下面两条
（I）在条款中说明的时效性方面的性能指标是这份合同的绝对条件
（II）无法达到这样的性能指标将意味着如下两种可能：
(a) 合同废止,竞标失败并且这种决定权在我方而不在延期的一方.
(b) 我方可以根据这个第四条款向延期方要求索赔相应的损失.

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