Scheduled Completion Date Clause Samples
The Scheduled Completion Date clause sets a specific deadline by which a project or contractual work must be finished. It typically outlines the exact date or timeframe for completion and may detail the consequences of missing this deadline, such as penalties or extensions under certain conditions. This clause ensures that all parties are aligned on project timelines, helping to manage expectations and reduce disputes related to delays.
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Scheduled Completion Date. 12.5.1 The Mine Operator agrees and undertakes that development of Mines for excavation/extraction and Delivery of Coal shall be undertaken in a manner such that the Commercial Operations Date occurson or prior to the Scheduled COD; and the Completion occurs on or prior to the Scheduled Completion Date.
12.5.2 On or before the Appointed Date, the Mine Operator shall have to submit a Project Completion Schedule (containing the Project Milestone) in accordance with the Mining Plan and Schedule-G of this Agreement. Each Project Milestone in the Project Completion Schedule shall have a completion date. In the event that the Mine Operator fails to achieve any Project Milestone within a period of 60 (sixty) days from the date set forth for such Project Milestone, unless such failure has occurred due to Force Majeure or for reasons solely attributable to the Authority, it shall pay Damages to the Authority in a sum calculated at the rate of 0.2% (zero point two per cent)of the amount of Performance Security for delay of each week,or part of the week,beyond the such period of 60 (sixty) days and until such Project Milestone is achieved; provided that if any or all Project Milestones, or the Scheduled COD, or the Scheduled Completion Date are extended in accordance with the provisions of this Agreement, Project Completion Schedule shall be deemed to be modified accordingly and the provisions of this Agreement shall apply as ifProject Completion Schedule has been amended as above. For the avoidance of doubt, it is agreed that recovery of Damages under this Clause 12.5.2 shall be without prejudice to the rights of the Authority under this Agreement, including the right of Termination thereof.
Scheduled Completion Date. The Scheduled Completion Date shall occur on the [3rd (third) anniversary of the Appointed Date]. On or before the Scheduled Completion Date, the Concessionaire shall have completed the Hotel and the Project Infrastructure in accordance with this Agreement.
Scheduled Completion Date. 12.4.1 The Mine Operator agrees and undertakes that development of Mines for extraction and Delivery of Coal shall be undertaken in a manner such that (i) the Commercial Operations Date occurs on or prior to [ ****] days from the Appointed Date (“Scheduled COD”); and (ii) the Completion occurs on or prior to [****] days from the Appointed Date (“Scheduled Completion Date”).
12.4.2 In the event that the Mine Operator fails to achieve any Project Milestone within a period of 60 (sixty) days from the date set forth for such Project Milestone in Schedule-G, unless such failure has occurred due to Force Majeure or for reasons solely attributable to the Authority, it shall pay Damages to the Authority in a sum calculated at the rate of 0.5% (zero point five per cent) of the amount of initial Performance Security for delay of each week, or part of the week, until such Project Milestone is achieved; provided that if any or all Project Milestones, or the Scheduled COD, or the Scheduled Completion Date are extended in accordance with the provisions of this Agreement, the dates set forth in Schedule-G shall be deemed to be modified accordingly and the provisions of this Agreement shall apply as if Schedule-G has been amended as above. For the avoidance of doubt, it is agreed that recovery of Damages under this Clause 12.4.2 shall be without prejudice to the rights of the Authority under this Agreement, including the right of Termination thereof.
Scheduled Completion Date. 5.1 The Scheduled Completion Date shall be the 730th (seven hundred and thirtieth) day from the Appointed Date.
5.2 On or before the Scheduled Completion Date, the Concessionaire shall have completed the Project in accordance with this Agreement.
Scheduled Completion Date. 12.4.1 On or after the Appointed Date, the Concessionaire shall undertake construction of the Mandatory Project and Mandatory Sports Infrastructure Project Facilities as specified in Schedule B and Schedule C. The 1095th (One thousand and ninety fifth) day from the Appointed Date shall be the scheduled date for completion of the Mandatory Project and the Mandatory Sports Infrastructure Project Facilities (the “Scheduled Completion Date”) and the Concessionaire agrees and undertakes that the construction of the Mandatory Projects and the Mandatory Sports Infrastructure Project Facilities shall be completed on or before the Scheduled Completion Date.
12.4.2 The Concessionaire shall construct the Mandatory Project and the Mandatory Sports Infrastructure Project Facilities in accordance with the Project Completion Schedule. In the event that the Concessionaire fails to achieve any Project Milestone within a period of 30 (thirty) days from the date set forth for such Project Milestone, unless such failure has occurred due to Force Majeure or for reasons solely attributable to the Authority, it shall pay Damages to the Authority in a sum calculated at the rate of 0.1% (zero point one percent) of the amount of Performance Security for delay of each day until such Project Milestone is achieved; provided that if any or all Project Milestones or the Scheduled Completion Date are extended in accordance with the provisions of this Agreement, the dates set forth in the Project Completion Schedule shall be deemed to be modified accordingly and the provisions of this Agreement shall apply as if the Project Completion Schedule has been amended as above. For the avoidance of doubt, it is agreed that recovery of Damages under this Article
Scheduled Completion Date. 5.1 The Scheduled Completion Date shall occur on the ( ) day from the Appointed Date.
5.2 On or before the Scheduled Completion Date, the Developer shall have completed Construction and Development of the Project Assets in accordance with this Agreement.
Scheduled Completion Date. The date on which Completion is required to take place in accordance with clause 6.1 is referred to in clause 6.6 as the scheduled Completion Date, which expression includes any later date set for Completion in accordance with clause 6.6.
Scheduled Completion Date. 3.1. It is hereby agreed between the Parties that Clause 12.5.1 of the Concession Agreement shall stand substituted and replaced with the following Clause: “On or after the Appointed Date, the Concessionaire shall undertake construction of the Port as specified in Schedule-B and Schedule-C, and in conformity with the Specifications and Standards set forth in Schedule-D. December 3, 2024 shall be the scheduled date for completion of the Port (the “Scheduled Completion Date”) and the Concessionaire agrees and undertakes that the Port shall be completed on or before the Scheduled Completion Date. For the avoidance of doubt, it is agreed that the Project Completion Schedule and Scheduled Completion Date shall not apply to Port Estate Development.”
3.2. It is hereby agreed between the Parties that Paragraph 5 of Schedule G of the Concession Agreement shall stand substituted and replaced with the following Paragraph:
Scheduled Completion Date. Landlord shall use reasonable efforts ------------------------- to achieve Substantial Completion by September 1, 1998 or earlier if the Tenant requests an earlier date and if Substantial Completion is not achieved by the applicable date, the Landlord shall thereafter continue to use reasonable efforts to achieve Substantial Completion unless and until the Lease is terminated or the Tenant exercises the self-help right set forth in Section ------- 16.9.4(b) below. If Tenant requests an earlier date then Tenant shall be deemed --------- to have waived any right to wait until September 1, 1998 to have the Term Commencement Date occur, Landlord shall be under no obligation to incur overtime costs or any other special, additional or extraordinary costs to achieve Substantial Completion by such earlier date, and such earlier date shall not change the Performance Dates in any way.