Common use of Regulatory Process Clause in Contracts

Regulatory Process. If the Durham Planning Department or other regulatory agency delays or does not grant promptly an application for a permit or site plan approval made by the Company, then each of the deadlines contained herein may be extended by the length of such delay, subject to discussion by the Parties.

Regulatory Process. If the Durham City/County Planning Department or other regulatory agency delays or does not timely grant promptly an application for a permit or site plan approval made by the Company, then each of the deadlines contained herein may shall be extended by the length of such delaydelay at the request of the Company, so long as the subject to discussion delay was not caused by the PartiesCompany.

Regulatory Process. If the Durham Planning Department or other regulatory agency delays or does not grant promptly an application for a permit or site plan approval made by the CompanyCompany in connection with its development of the Property pursuant to this Agreement, then each of the deadlines contained herein may be extended by the length of such delay, subject to discussion by the Parties.