Time is of the Sample Clauses
A 'Time is of the essence' clause establishes that timely performance of contractual obligations is a fundamental requirement of the agreement. In practice, this means that deadlines and schedules specified in the contract are strictly binding, and any delay in performance may constitute a material breach. This clause is commonly used in contracts where timing is critical, such as in real estate transactions or delivery agreements. Its core function is to emphasize the importance of deadlines, ensuring that parties are held accountable for prompt performance and providing a clear basis for remedies if timeframes are not met.
Time is of the. Essence Time is of the essence. It is essential that you deal with your obligations as a resident or in a situation in accordance with any assigned deadlines, particularly which affect your academic performance or standing in residence. Unresolved problems generally get worse and, in some cases, additional penalties, late fees or other remedies may result from the delay.
Time is of the. ESSENCE with respect to the due performance of the terms, covenants and conditions herein contained; provided, however, that no delay or failure to enforce any of the provisions herein contained and no conduct or statement shall waive or affect any of Landlord’s rights hereunder.
Time is of the. Essence Time is of the essence in each and all of the provisions of this Agreement.
Time is of the. ESSENCE Contractor agrees that time is of the essence under this Contract.
Time is of the. ESSENCE TIME IS OF THE ESSENCE IN THE PERFORMANCE OF THIS AGREEMENT.
Time is of the. ESSENCE and if the Consultant refuses or fails to perform the work as specified in Exhibit C, Scope of Services and maintain the scheduled level of effort as proposed, or any separable part thereof, with such diligence as will insure completion of the work within the specified time period, or any extension or tolling there of, or fails to complete said work within such time. The County may exercise any remedy available under law or this Agreement. Failure to maintain the scheduled level of effort as proposed or deviation from the aforesaid proposal without prior approval of County shall constitute cause for termination
Time is of the. ESSENCE with respect to closing, the Closing Date and the payment of the Purchase Price. The Deed is to be made to such party or parties as Buyer, in Buyer’s sole discretion, shall determine, provided, however, that Buyer shall remain liable for its obligations under this Offer.
Time is of the. ESSENCE in the performance of the Work under this Contract. The “Pre-Construction Commencement Date” shall be established in a Notice to Proceed to be issued by Owner for each location. Construction Manager shall commence the Pre- Construction Phase Services portion of the Work within five (5) calendar days after the Pre-Construction Phase Commencement Date. Any Work performed by Construction Manager prior to the Pre-Construction Phase Commencement Date shall be at the sole risk of Construction Manager. The “Construction Phase Commencement Date” shall be established in GMP Amendment. Construction Manager shall commence the Construction Phase Services portion of the Work within five (5) calendar days after the Construction Phase Commencement Date. No portion of the Work, with respect to the Construction Phase Services to be provided hereunder, shall be performed prior to the Construction Phase Commencement Date, unless expressly approved in advance by Owner in writing. The total period of time beginning with the Construction Phase Commencement Date and ending on the date of Substantial Completion of the Work is referred to hereafter as the “Contract Time”. The Contract Time is set forth with more specificity in Paragraph 8.2 below.
Time is of the. ESSENCE Time is of the essence for both parties, and they mutually agree to see to the performance of their respective work and the work of their subcontractors and suppliers so that the entire Project may be completed in accordance with the Contract and the Schedule of Work as adjusted.
Time is of the. Essence Time shall be of the essence in the performance of this Agreement.