Common use of ESSENTIAL CONDITION Clause in Contracts

ESSENTIAL CONDITION. Timely completion of the Project is an essential condition of this Agreement. The Contractor shall be subject to any liquidated damages described in Article 7.4 for failure to satisfactorily complete the Work within the time periods in Article 3 above.

Appears in 25 contracts

Sources: Contractor's Design/Bid/Build Agreement, Contractor's Design/Bid/Build Agreement, Contractor's Design/Bid/Build Agreement

ESSENTIAL CONDITION. Timely completion of the Project is an essential condition of this Agreement. The Contractor shall be subject to any liquidated damages described in Article 7.4 7.6 for failure to satisfactorily complete the Work within the time periods in Article 3 above.

Appears in 7 contracts

Sources: Contractor's Agreement Design/Bid/Build (D/B/B), Contractor's Design/Bid/Build Agreement, Contractor's Agreement

ESSENTIAL CONDITION. Timely completion of the Project is an essential condition of this Agreement. The Contractor shall be subject to any liquidated damages described in Article 7.4 7D for failure to satisfactorily complete the Work within the time periods in Article 3 above.

Appears in 7 contracts

Sources: Contractor's Design/Bid/Build Agreement, Contractor's Design/Bid/Build Agreement, Contractor's Design/Bid/Build Agreement

ESSENTIAL CONDITION. Timely completion of the Project is an essential condition of this Agreement. The Contractor shall be subject to any liquidated damages described in Article 7.4 7.6 for failure to satisfactorily complete the Work within the time periods in Article 3 above.

Appears in 1 contract

Sources: Contractor's Design/Bid/Build Agreement