Time of Essence Sample Clauses
A Time of Essence clause establishes that deadlines and timeframes specified in a contract are strictly binding and must be adhered to by all parties. In practice, this means that any dates for performance, delivery, or completion are considered critical, and failure to meet them can constitute a breach of contract. This clause ensures that timely performance is prioritized, reducing ambiguity and helping to prevent disputes over delays.
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Time of Essence. Time is of the essence of this Agreement.
Time of Essence. With regard to all dates and time periods set forth or referred to in this Agreement, time is of the essence.
Time of Essence. Time is of the essence for the performance of all Obligations in this Agreement.
Time of Essence. Time shall be of the essence of this Agreement.
Time of Essence. Time is of the essence with respect to the performance of every provision of this Lease in which time of performance is a factor.
Time of Essence. Time is of the essence of this Lease.
Time of Essence. Time is of the essence with respect to every provision hereof.
Time of Essence. Time is of the essence with respect to the performance of all obligations to be performed or observed by the Parties under this Lease.
Time of Essence. Time shall be of the essence hereof.
Time of Essence. Time is of the essence in the performance by Borrower of each and every obligation under this Agreement.