Performance Deadline Clause Samples

A Performance Deadline clause sets a specific date or timeframe by which a party must complete its contractual obligations. This clause typically applies to deliverables, services, or milestones, and may outline consequences for missing the deadline, such as penalties or the right to terminate the agreement. Its core function is to ensure timely performance and provide certainty for both parties regarding when obligations must be fulfilled, thereby reducing the risk of delays and disputes.
Performance Deadline. The Parties shall set out any deadline in the Agreement.
Performance Deadline. Notwithstanding anything to the contrary specified in Schedule D, the deadline to complete all pre-opening items and renovations listed as “to be completed prior to opening” on the PIP shall be no later than [●], provided that we act in a commercially reasonable manner in extending the PIP completion deadline upon request. [For sites identified with a 9/30/23 Opening Date, change this section to add: You will not be in default of this Section provided that at least sixty percent ([●]%) of the hotels identified in Section 18.3.3 are open and operating by [●].]

Related to Performance Deadline

  • Performance Delay Time is of the essence in the Vendor’s performance of this Agreement. If at any time it appears to Vendor that it may not meet any of the performance schedules or the scheduled completion date of the services to be performed for any reason, including labor disputes, Vendor shall immediately by verbal means (to be confirmed in writing) notify Customer of the reasons for and the estimated duration of such delay. If requested by Customer, Vendor shall make every effort to avoid or minimize the delay to the maximum extent possible including the expenditure of premium time. Any additional cost caused by these requirements of Customer shall be borne by Vendor, unless the delay in performance arises out of causes beyond the control and without the fault or negligence of Vendor or its subcontractors within the meaning of the Cancellation- Default clause herein. The foregoing requirements are in addition to any of Customer’s other rights and remedies as may be provided by law or this Agreement.

  • Performance Period This Agreement shall be performed during the period which begins Oct 01 2020 and ends Sep 30 2022. All services under this Agreement must be rendered within this performance period, unless directly specified under a written change or extension provisioned under Article 14, which shall be fully executed by both parties to this Agreement.

  • Performance Condition Notwithstanding the vesting schedule stated in the Award Notification, your Restricted Shares shall not vest unless the Company achieves positive Adjusted Net Earnings in any fiscal year during the term of the Award. “Adjusted Net Earnings” means net earnings determined in accordance with GAAP as publicly reported by the Company for a fiscal year, adjusted to eliminate the following: (1) the cumulative effect of changes in GAAP; (2) gains and losses from discontinued operations; (3) extraordinary gains or losses; and (4) any other unusual or nonrecurring gains or losses which are separately identified and quantified, including merger related charges. 

  • Performance Schedule The Parties will perform their respective responsibilities in accordance with the Performance Schedule. By executing this Agreement, Customer authorizes Motorola to proceed with contract performance.

  • Vesting Date All remaining shares of Restricted Stock will become vested on the Vesting Date.