Common use of Time for Approval Clause in Contracts

Time for Approval. Declarants shall approve, disapprove, or request any additions or supplemental information relating to any Plans and Specifications within fifteen (15) days after all Plans and Specifications (in the form and substance acceptable to Declarants and in accordance with this Declaration) are submitted, unless during said fifteen (15) day period, Declarants determines that, as a result of the nature of the submittal or the issues raised thereby, an additional period of time is necessary, in which case Declarants shall notify Owner than an additional thirty (30) day period is required.