Failure to Complete Project Development Responsibilities Clause Samples

The 'Failure to Complete Project Development Responsibilities' clause defines the consequences and procedures that apply if a party does not fulfill its obligations related to developing a project. Typically, this clause outlines what constitutes a failure, such as missing key milestones or not delivering required work products, and may specify remedies like financial penalties, the right to terminate the agreement, or the transfer of responsibilities to another party. Its core function is to ensure accountability and provide a clear framework for addressing non-performance, thereby protecting the interests of the parties involved and minimizing project disruption.
Failure to Complete Project Development Responsibilities. If any of the Development Tasks have not been satisfied in their entirety (or otherwise waived in writing by Purchaser, in its sole discretion) within one hundred twenty five (125) Business Days (and such 125 Business Day period shall not include time for reviews or modifications pursuant to Section 4.1 and shall be extended on a day-for- day basis pursuant to Section 4.1), then either Party may terminate this Agreement upon thirty (30) Days Notice of such termination to the other Party. Notwithstanding anything herein to the contrary, at any time after the Contract Date but prior to issuance of the Development Completion Notice, either Party may immediately terminate this Agreement upon Notice to the non-terminating Party. In the event of termination pursuant to this Section 4.3, neither Party shall be liable for any payment, damages or penalty as a result of such termination.
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Failure to Complete Project Development Responsibilities. If any of the Development Tasks have not been satisfied in their entirety (or otherwise waived in writing by Purchaser, in its sole discretion) on or before [•], then either Party may terminate this Agreement upon [thirty (30)] Days Notice of such termination to the other Party. Notwithstanding anything herein to the contrary, at any time after the Contract Date but prior to issuance of the Installation Notice to Proceed, Purchaser may immediately terminate this Agreement upon Notice to Seller. In the event of termination pursuant to this Section 4, neither Party shall be liable for any payment, damages or penalty as a result of such termination.
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Failure to Complete Project Development Responsibilities. If (a) any of the Development Tasks have not been satisfied in their entirety (or otherwise waived in writing by Purchaser, in its sole discretion) on or before the date specified on Schedule 4 (Project Schedule), or (b) the Development Tasks have been satisfied but Purchaser, in its sole discretion, has not issued the Installation Notice to Proceed on or before the date specified on Schedule 4 (Project Schedule), then either Party may terminate this Agreement upon thirty (30) Days Notice of such termination to the other Party. Notwithstanding anything herein to the contrary, at any time after the Contract Date but prior to issuance of the Installation Notice to Proceed, Purchaser may immediately terminate this Agreement upon Notice to Seller. In the event of termination pursuant to this Section 4, neither Party shall be liable for any payment, damages or penalty as a result of such termination.
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Failure to Complete Project Development Responsibilities. If any of the Development Tasks have not been satisfied in their entirety (or otherwise waived in writing by Purchaser, in its sole discretion) within one hundred twenty five (125) Business Days following Seller’s receipt of the Notice to Proceed with Design (and such 125 Business Day period shall not include time for reviews or modifications pursuant to Section 4.1 and shall be extended on a day-for-day basis pursuant to Section 4.1), then either Party may terminate this Agreement upon thirty (30) Days Notice of such termination to the other Party. Notwithstanding anything herein to the contrary, at any time after the Contract Date but prior to issuance of the Development Completion Notice, either Party may immediately terminate this Agreement upon Notice to the non-terminating Party. In the event of termination pursuant to this Section 4.3, neither Party shall be liable for any payment, damages or penalty as a result of such termination. 3. Modify signature page of PPA Agreement (Project Site) as shown in Attachment 1. 4. Add “Schedule 16” as shown in Attachment 2 which will serve as the Notice to Proceed with Design for those facilities that are in construction. Website: ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇ Phone: ▇▇▇-▇▇▇-▇▇▇▇, TTY: 711, Fax: ▇▇▇-▇▇▇-▇▇▇▇ DocuSign Envelope ID: B0A47EA5-ADDC-4324-853B-09D49711DBFF Amendment No. 5 4400009516 5. The complete revised PPA template is included in Attachment 3 and shall be utilized herein. All other terms and conditions remain the same. ACCEPTANCE: Sun Tribe Solar, LLC BY: Vice President of Development Rich Allevi 2023 November 8 | 09:04:43 PST ▇▇▇ ▇▇▇ ▇▇▇▇▇▇, CPPB Director/County Purchasing Agent Finance – Accounts Payable/e OEEC – ▇▇▇▇▇ ▇▇▇▇▇/e OEEC – ▇▇▇▇ ▇▇▇▇▇▇▇/e FCPS – ▇▇▇▇ ▇▇▇▇/e (▇▇▇▇▇▇@▇▇▇▇.▇▇▇) Contractor - ▇▇▇▇▇▇.▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ DPMM – Team 3 Supervisor DPMM – Supplier Diversity – ▇▇▇▇▇ ▇▇▇▇▇▇▇/e FCPS – ▇▇▇▇▇ ▇▇▇▇▇▇/e DocuSign Envelope ID: B0A47EA5-ADDC-4324-853B-09D49711DBFF PROJECT SITE: Purchaser’s execution of this Agreement DOES serve as its Notice to Proceed with Design. Purchaser’s execution of this Agreement DOES NOT serve as its Notice to Proceed with Design. Purchaser will provide a Notice to Proceed with Design substantially in the form of Schedule 16 at a later date.
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Related to Failure to Complete Project Development Responsibilities

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.

  • Project Development a. Collaborate with COUNTY and project clients to identify requirements and develop a project Scope Statement. a. Develop a Work Breakdown Structure (WBS) for each project. b. Evaluate Scope Statement to develop a preliminary cost estimate and determinate whether project be vendor bid or be executed under a Job Order Contract (JOC).

  • Client Responsibilities You are responsible for (a) assessing each participants’ suitability for the Training, (b) enrollment in the appropriate course(s) and (c) your participants’ attendance at scheduled courses.