Common use of Target Dates Clause in Contracts

Target Dates. Scheduled performance dates are estimates only. Both parties recognize such dates are dependent on development, resource availability, funding, assistance, and other factors that may cause dates to shift or interfere with completion. However, each Work Statement shall set forth a date for completion of the Phase Development Services for a Phase and such date shall be applicable for purposes of determining satisfaction of the condition for timely completion of the Phase Development Services for any Phase as contemplated in the Stock Warrant Agreement.

Target Dates. Scheduled performance dates are estimates only. Both parties recognize that such dates are dependent on development, resource availability, funding, assistance, and other factors that may cause dates to shift or interfere with completion. However, each Work Statement shall set forth a date for completion of the Phase Development Services for a Phase and such date shall be applicable for purposes of determining satisfaction of the condition for timely completion of the Phase Development Services for any Phase as contemplated in the Stock Warrant Agreement.