Extended Completion Date definition
Examples of Extended Completion Date in a sentence
The Artist will be notified in writing of the modified or Extended Completion Date and the Artist will act reasonably to make necessary adjustments to schedules and deliverables at no cost to the City or Society.
If the Commencement Date does not occur on a date which shall be the ninetieth day from the "Extended Completion Date" as that term is heretofore defined, then either Tenant or Landlord may terminate this Lease on ten (10) days written notice of either party to the other.
Vacant possession of the Land shall be deemed delivered by the Vendor to the Subsequent Purchaser within two (2) weeks from the Completion Date or Extended Completion Date (as the case may be).
In addition, if such failure is caused by Owner, then Owner shall be obligated to increase the Contract Sum for any costs associated with such delay plus an amount equal to the then current Prime Rate as announced in the Wall Street Journal plus 2% on such increase for the period from the end of such initial 7-day period and extend the Substantial Completion Date and Extended Completion Date, if applicable, for each day that Work has been stopped.
The parties agree that the Target Completion Dates in respect of the Third Completion as so amended shall constitute the respective Extended Completion Date in respect of such Target Completion Date and the provisions of Clause 2.6 of the Agreement shall apply with respect thereto in each case.
Vacant possession of the Project Land, free from all encumbrances and claims whatsoever, will be deemed delivered by APSB and SHSB (as vendors of the Project Land) to AKSB on the SPA Completion Date or the SPA Extended Completion Date, as the case may be.
References to the Third Completion throughout this Agreement shall be deemed to refer, as necessary, to the applicable stage of the Third Completion.” The parties agree that the Target Completion Dates in respect of the Third Completion as so amended shall constitute the respective Extended Completion Date in respect of such Target Completion Date and the provisions of Clause 2.6 of the Agreement shall apply with respect thereto in each case.
The Completion Date shall be further extended to 30 September 2018 ("Extended Completion Date").
The parties acknowledge that Tenant’s actual damages, in the event Landlord Substantially Completes the Work later than the Extended Completion Date would be extremely difficult or impracticable to determine.
If Substantial Completion of the Building exclusive of Tenant’s Work, does not occur on or before September 25, 2015 as such date may be extended for Permitted Delays (the “Extended Completion Date”), then Tenant shall be entitled to credit against the Base Rent becoming due under the Lease, as liquidated damages, an amount equal to Two Thousand and 00/100 Dollars ($2,000.00) per day for each day beyond the Extended Completion Date that Landlord fails to substantially complete the Work.