Time for Performance definition
Examples of Time for Performance in a sentence
The Time for Performance under this Agreement may only be adjusted by Change Order, in the sole and absolute discretion of City.
Any request for an extension of the Time for Performance must be submitted in a writing delivered to the City Project Manager, along with all supporting data, within SEVEN (7) calendar days of the occurrence of the event giving rise to the need for adjustment unless the City allows an additional period of time to ascertain more accurate data.
When Time for Performance is delayed due to the requirements of the Closing Disclosure Rule and such delay is not solely caused through any failure of Purchaser to timely act as per the Purchaser’s lender’s requirements for loan completion then the Closing Date (as defined below) may be delayed until the Purchaser receives a revised Closing Disclosure but in no event more than five (5) business days from the original Closing Date.
A-E shall diligently perform in a competent and professional manner those tasks and duties set forth in Appendix 1 - Scope of Services, attached hereto, in the time set forth in the Article titled Time for Performance below.
Supplier’s liability for the goods, services and software supplied by Supplier under the Contract, and available remedies for Supplier’s delay in any performance or delivery or breach of any warranty shall, to the extent permitted by applicable law, be limited to what is provided for in section 5 (Time for Performance and Delivery), section 7 (Software and Online Services) and section 8 (Warranties) and, if applicable, otherwise explicitly specified in the Contract.
Liquidated damages are hereby fixed and agreed upon by the parties, recognizing the impossibility of precisely ascertaining the amount of damages that will be sustained by County as a consequence of such delay, and both parties desiring to obviate any question or dispute concerning the amount of said damages and the cost and effect of the failure of Consultant to complete the respective phases within the applicable Time for Performance.
In the event that the Buyer does not successfully complete the Services on or before the Time for Performance, then (i) the Sellers will have no duty to transfer the Membership Interest to the Buyer, and (ii) the Buyer’s only consideration for performing the Services will be the Company’s payment of the Buyer’s invoices, as set forth in this Section 1, which shall not exceed $65,000.00 in the aggregate.
The Contractor agrees that the performance of Construction shall be pursued on schedule, diligently and uninterrupted at a rate of progress which will ensure full completion within the agreed Time for Performance.
No event described in this Section 4 (Time for Performance) shall excuse any obligation to pay any amount due to the other Party for Services performed or Materials provided prior to the failure or delay of performance.
The Agreement terms in the Time for Performance paragraph related to written extensions and termination shall remain as written.