Determination of Opening Date Clause Samples

Determination of Opening Date. Partial Operations Prior to Opening Date. . . . 10
Determination of Opening Date. (a) The opening date of the Hotel (the "Opening Date") will be the date of the actual opening of the Hotel for guest occupancy. The Opening Date shall be determined by Operator and Owner. (b) A proposed opening date of the Hotel (the "Scheduled Opening Date") shall be determined by Operator and Owner. Owner and Operator shall use all reasonable efforts to open the Hotel on the Scheduled Opening Date. If for any reason (other than a Force Majeure Event), the opening of the Hotel by the Scheduled Opening Date should be placed in jeopardy, Owner shall consider implementing, but shall not be obligated to implement, all reasonable measures to assure the opening of the Hotel on the Scheduled Opening Date, including (without limitation) authorizing all necessary overtime and shift work, if necessary, which shall be undertaken at Owner's expense. (c) Owner's failure to approve the initial Proposed Annual Plan or revisions to the initial Annual Plan submitted by Operator to Owner prior to the Scheduled Opening Date pursuant to section 6.01 shall not justify any delay in the Opening Date. (d) The determination of the Opening Date shall not be construed as or operate as any confirmation by Operator or any of its Affiliates of the structural integrity, safety or other similar aspects of the Hotel or of the competence of Owner's architects, engineers, contractors and other consultants or as to the compliance by the Hotel with any Applicable Law.

Related to Determination of Opening Date

  • ACADEMY OPENING DATE The Academy shall open as a school on 1 August replacing Harrow High School and Sports College which shall cease to be maintained by the Local Authority on that date, which date shall be the conversion date within the meaning of the Academies Act 2010.

  • Date of Operation 3.1 This Agreement remains in force until 2/7/2027. The agreement will continue to apply beyond its expiration date until it is replaced in accordance with the FW Act.

  • Duration of Operating Expense Limit The Operating Expense Limit with respect to the Fund shall remain in effect during the term of this Agreement.

  • Cessation of Operations Any cessation of operations by Borrower or Borrower admits it is otherwise generally unable to pay its debts as such debts become due, provided, however, that any disclosure of the Borrower’s ability to continue as a “going concern” shall not be an admission that the Borrower cannot pay its debts as they become due.

  • Statement of Operations Statement of Changes in Net Assets.