Contractual Date definition
Examples of Contractual Date in a sentence
The “Contract Time” is the period between the Effective Date of this Agreement and the Contractual Date of Substantial Completion (as indicated in the information preceding Article I), as that date may be modified by duly executed Change Order.
After designs and Construction Documents are sufficiently developed, and upon request of the ADR, Design-Builder shall submit for UGAA review and approval a proposed GMP Change Order to establish the GMP, which shall be inclusive of the Cost of the Work, Design-Builder Construction Fee, Design- Builder Contingency Account, and Design-Builder Construction Overhead Costs – all as necessary to complete the Work on or before the Contractual Date of Substantial Completion.
The Parties anticipate, and all prospective Project-related schedules will provide for, and the Contractual Date of Substantial Completion takes into account, the following number of days of Adverse Weather in each of the respective months: January (7 days); February (7 days); March (7 days); April (6 days); May (6 days); June (3 days); July (4 days); August (4 days); September (3 days); October (4 days); November (7 days); and December (7 days) (collectively, “Anticipated Adverse Weather Days”).
The Parties anticipate, and all prospective Project-related schedules will provide for, and the Contractual Date of Substantial Completion takes into account, the following number of days of Adverse Weather in each of the respective months: January (14 days); February (14 days); March (10 days); April (7 days); May (6 days); June (3 days); July (4 days); August (4 days); September (3 days); October (3 days); November (5 days); and December (9 days) (collectively, “Anticipated Adverse Weather Days”).
If the Builder does not provide such notice before the expiry of the deadline (no later than 30 calendar days after the Buyer has declared the option and in any event before the shipbuilding contract for the option vessel is signed), the delivery date shall be the delivery date stated in Box 28 (7 months after the Contractual Date of Delivery in this Contract).
The expenses and financial consequences incurred by the intervention of this expert, and possibly of their court appointment, shall be charged to the LESSOR or to the LESSEE depending on whether or not the report finds the occurrence of a legitimate cause of delay and concludes in a deferred Contractual Date of Completion in accordance with the stipulations mentioned above.
The planned date of Completion of the Leased Premises is set for March 30, 2016, a date that will if necessary be extended for delays caused by force majeure and/or to the legitimate causes of delay (hereinafter "Contractual Date of Completion").
If Purchaser has demanded in the Purchaser Order Contractual Date of Delivery and/or Date of Completion shorter than stated in Standard Lead-Time Schedule (Annex 7), Contractor shall state whether such date(s) are accepted or not.
The “Design Period” is the period between the Effective Date of this Agreement and the Contractual Date of Design-related Basic Services Completion for those Services selected in ¶ I(A)(2)(d) (as indicated in the information preceding Article I, and as that date may be modified by duly executed Change Order).
If a case of force majeure or a legitimate cause of delay occurs, the Contractual Date of Completion will be deferred for a length of time equal to the time during which the event in question will have prevented the continuation of work and the Completion Certification.