TIME IS OF THE ESSENCE IN THIS AGREEMENT Sample Clauses
The "Time is of the Essence" clause establishes that all deadlines and timeframes specified in the agreement are critical and must be strictly adhered to by the parties involved. In practice, this means that if a party fails to perform an obligation by the agreed-upon date or within a specified period, it may be considered a material breach of contract, potentially entitling the other party to remedies such as termination or damages. The core function of this clause is to emphasize the importance of timely performance, ensuring that delays are not tolerated and that both parties are clear about the consequences of missing deadlines.
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TIME IS OF THE ESSENCE IN THIS AGREEMENT. No alteration or variation of the terms of this contract shall be valid unless made in writing and signed by the parties hereto, and no oral understanding or agreement not incorporated herein, shall be binding any of the parties hereto.
TIME IS OF THE ESSENCE IN THIS AGREEMENT. This Agreement and all operations hereunder shall be subject to all valid and applicable laws, orders, rules and regulations of any governmental body having jurisdiction over such operations. This Agreement and the legal relations amount the parties hereto shall be governed by and construed in accordance with the substantive laws of the State of Texas.
TIME IS OF THE ESSENCE IN THIS AGREEMENT. Subcontractor will proceed with its work in a prompt and diligent manner, in accordance with Contractor’s directives and Contractor’s schedule, revised if necessary, as the work progresses. Subcontractor agrees to see to the performance of its Work and the work of its subcontractors so that the entire project may be completed according to Contractor’s schedule and the Contract Documents. Subcontractor shall not be entitled to additional compensation for compliance with schedule revisions, except to the extent that the Contract Documents entitle Contractor to additional compensation and such reimbursement is actually obtained from Owner.
TIME IS OF THE ESSENCE IN THIS AGREEMENT. As used in this Agreement, “days” means calendar 480 days. Any time periods herein, other than the time of acceptance, which end on a Saturday, Sunday or 481 federal holiday shall extend to the next day which is not a Saturday, Sunday or federal holiday. All references 482 to a date other than the date of acceptance shall end at 7:00 p.m. Eastern Time.
TIME IS OF THE ESSENCE IN THIS AGREEMENT. If any provision of this Agreement shall be held or deemed to be or shall, in fact, be illegal, inoperative or unenforceable, the same shall not affect any other provision or provisions herein contained or render the same invalid, inoperative or unenforceable to any extent whatsoever.
TIME IS OF THE ESSENCE IN THIS AGREEMENT. 22.1 No waiver of any of the provisions of this Agreement will constitute a waiver of any other provision (whether or not similar). No waiver will be binding unless executed in writing by the Party to be bound by the waiver. A Party's failure or delay in exercising any right under this Agreement will not operate as a waiver of that right. A single or partial exercise of any right will not preclude a Party from any other or further exercise of that right or the exercise of any other right it may have.
22.2 Each of the Parties covenants and agrees to do such things, to attend such meetings and to execute such further documents and assurances as may be deemed necessary or advisable from time to time in order to carry out the terms and conditions of this Agreement in accordance with their true intent.
22.3 If any provision of this Agreement is determined to be illegal, invalid or unenforceable, by an arbitrator or any court of competent jurisdiction from which no appeal exists or is taken, that provision will be severed from this Agreement and the remaining provisions will remain in full force and effect.
22.4 This Agreement is private to the Parties and may not be assigned without the consent of the other Party.
22.5 This Agreement may be executed in several counterparts as may be necessary or by facsimile or such other electronic means and each such counterpart agreement or facsimile so executed are deemed to be an original and such counterparts and facsimile copies together will constitute one and the same instrument.
22.6 The binding obligations of this Agreement are and will be deemed to be made in the Province of British Columbia, for all purposes will be governed exclusively by and construed and enforced in accordance with the laws prevailing in the Province of British Columbia and the federal laws of Canada applicable therein.
22.7 Where a party is more than one person, all covenants shall be deemed to be joint and several.
22.8 Each person signing this Agreement as an authorized officer of a Party hereto hereby represents and warrants that he is duly authorized to sign this Agreement for that Party and that this Agreement will, upon having been so executed, be binding on that Party in accordance with its terms.
22.9 If the foregoing reflects your understanding of the Transaction and if you agree with the terms and conditions of the proposal herein, please so acknowledge by executing this Agreement and returning the same to Adastra. Per: /s/ ▇▇▇▇▇▇ ▇. ...
TIME IS OF THE ESSENCE IN THIS AGREEMENT. This Agreement and all operations hereunder shall be subject to all valid and applicable laws, orders, rules and regulations of any governmental body having jurisdiction over such operations. This Agreement and the legal relations amount the parties hereto shall be governed by and construed in accordance with the substantive laws of the State of Texas. This Agreement is deemed by and between the parties to have been negotiated, accepted, executed, delivered, and fully performable in Houston, ▇▇▇▇▇▇ County, Texas.
TIME IS OF THE ESSENCE IN THIS AGREEMENT. If any provision of this Agreement shall be held or deemed to be or shall, in fact, be illegal, inoperative or unenforceable, the same shall not affect any other provision or provisions herein contained or render the same invalid, inoperative or unenforceable to any extent whatsoever. Section 12.5 This Agreement sets forth the entire agreement between the parties hereto and no prior written or oral statements, agreements or understandings not incorporated herein shall be recognized or enforced. This Agreement shall not be amended or modified, except by written instrument executed by Sellers and Buyer.