Schedule of Performance Outside Dates Sample Clauses
The "Schedule of Performance Outside Dates" clause establishes specific deadlines by which certain contractual milestones or obligations must be completed. In practice, this clause sets out a timeline for key deliverables, such as project phases, approvals, or completion dates, and may include consequences if these dates are not met. Its core function is to provide clear expectations and accountability for timely performance, helping to prevent delays and disputes by defining the latest permissible dates for critical activities.
Schedule of Performance Outside Dates. To advance the development of the Project, the Parties recognize the need for a framework that allows the Developer to respond and adapt to changing market conditions, including flexibility for Developer to submit Major Phase Applications. The DDA and all Exhibits shall be interpreted in a manner consistent with the intent, purpose and understanding of the Parties that the Developer is not required to submit Major Phase Applications by a certain Outside Date.
Schedule of Performance Outside Dates of the DDA is hereby added to the DDA as follows:
