Delay in Commencement of Project Sample Clauses

Delay in Commencement of Project. The Lessee shall commence the development and or construction works for which the land has been granted, by obtaining development and/ or building permission as the case may be, within the time of 1 year from the date of execution of this Agreement. Where the lessee does not obtain the permission of development and/or building construction as the case may be within the time specified by the Authority, the extension in time to commence the development and/or construction may be granted by the Chief Executive Officer, Xxxx Raipur Xxxx Nagar Vikas Pradhikaran, on payment of surcharge by the lessee at the following rates: Block of Time Extension Period of Extension Amount of surcharge as Percentage of the Reserve Land Premium Prevailing at that time shall be levied First Twelve months or part thereof Twenty Second Twelve months or part thereof after the First extension of time Twenty Five Third Twelve months or part thereof after the Second extension of time Thirty Fourth Twelve months or part thereof after the Third extension of time Thirty Five Fifth Twelve months or part thereof after the Fourth extension of time Forty Provided that the extension in time shall be granted for Twelve months or its part only at one time and such extension shall be granted maximum for five years.
Sample 1See All (7)
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Delay in Commencement of Project i. The Licensee shall develop the project as per project development milestone set out in Article 2.8.
Sample 1Sample 2Sample 3See All (4)
Delay in Commencement of Project. Where the lessee does not obtain permission of development and/or building construction and does not commence the construction as set out in this Agreement, the extension in time to commence and complete the development and/or construction may be granted by the Chief Executive Officer, subject to payment of surcharge by the lessee as per the provision of the ''Chhattisgarh Xxxxxxx Kshetra (Xxxxx Xxxxxxxx ka Vyayan) Niyam, 2008" which is subject to revision by Authority from time to time. The present provision is as follows: — Block of Time Extension Period of Extension Amount of surcharge as Percentage of Land Premium First Twelve Months or parts thereof 20% Second Twelve Months or parts thereof after the first extension of time 25% Third Twelve Months or parts thereof after the second extension of time 30% Fourth Twelve Months or parts thereof after the third extension of time 35% Fifth Twelve Months or parts thereof after the fourth extension of time 40% Provided that the extension in time shall be granted for Twelve months or its part only at one time and such extension shall be granted maximum for five years, failure to commence the development and/or construction even after the extension provided by Authority under this clause shall lead to termination of Lease Agreement.
Sample 1Sample 2See All (4)
Delay in Commencement of Project. Where the Lessee does not obtain the permission for development and/or construction of building within time specified by the authority in the tender documents, the extension in time to obtain permission for development and/or construction of building, as the case may be, shall be granted by the Chief Executive Officer on payment of surcharge specified in the table below by the Lessee subject to condition that the construction shall be completed within the time specified in the Tender documents — Block of time extension Period of Extension Amount of additional surcharge as percent of the premium First Twelve months or part thereof Two Second Twelve months or part thereof after the First extension of time, as the case maybe, if it is within the time limit of completion of construction as per agreement Three Third Twelve months or part thereof after the Second extension of time, as the case may be, if it is within the time limit of completion of construction as per agreement Five
Sample 1
Delay in Commencement of Project. 12.1 If the Research Project does not commence within three (3) months of the award without any valid justification for not commencing, which justification must be accepted in writing by TRC, TRC may withdraw the offer of the award and cancel the Research Project.
Sample 1
Delay in Commencement of Project. The lessee shall commence the development and/or construction works for which the land has been granted, by obtaining development and/or building permission as the case may be and all other permissions/clearances/licences required from the competent Authorities within the period of Six months from the date of issuance of NoA. Where the lessee does not obtain the permission for development and/or construction of building within time specified by the authority in this Agreement, the extension in time to obtain permission for development and/or construction of building, as the case may be, shall be granted by the Chief Executive Officer on payment of surcharge specified in the table below by the lessee subject to condition that the construction shall be completed within the time specified in this agreement – Block of time extension Period of Extension Amount of additional surcharge as percent of the premium First Twelve months or part thereof Two Second Twelve months or part thereof after the First extension of time, as the case maybe, if it is within the time limit of completion of construction as per agreement Three Third Twelve months or part thereof after the Second extension of time, as the case may be, if it is within the time limit of completion of construction as per agreement Five
Sample 1
Delay in Commencement of Project a. The lessee shall commence and complete the development and/or construction works, as the case may be, for which the land has been granted, by obtaining development and/or construction permission, as the case may be, within the time specified in this Agreement..
Sample 1
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Delay in Commencement of Project. The lessee shall commence and complete the development and or construction works for which the land has been granted, by obtaining development and/ or building permission as the case may be, within the time specified in the NIT. In the event of failure in adhering to anytime line extension and penalty etc., will be applicable as per Chhattisgarh xxxxxxx Kshetra (Xxxxx Sampti xx Xxxxx) Niyam, 2008.
Sample 1

Related to Delay in Commencement of Project

  • Delay in Commencement Notwithstanding said commencement date, if for any reason Sublessor cannot deliver possession of the Premises to Sublessee on said date, Sublessor shall not be subject to any liability therefore, nor shall such failure affect the validity of this Lease or the obligations of Sublessee hereunder or extend the term hereof, but in such case Sublessee shall not be obligated to pay rent until possession of the Premises is tendered to Sublessee; provided, however, that if Sublessor shall not have delivered possession of the Premises within sixty (60) days from said commencement date, Sublessee may, at Sublessee's option, by notice in writing to Sublessor within ten (10) days thereafter, cancel this Sublease, in which event the parties shall be discharged from all obligations thereunder. If Sublessee occupies the Premises prior to said commencement date, such occupancy shall be subject to all provisions hereof, such occupancy shall not advance the termination date and Sublessee shall pay rent for such period at the initial monthly rates set forth below.

  • Commencement of Negotiations Within five (5) days of satisfaction of the public notice requirement, and not later than forty-five (45) days following submission of the proposal, negotiations shall commence at a mutually acceptable time and place for the purpose of considering changes in this Agreement.

  • Construction Commencement The Connecting Transmission Owner shall commence construction of the Connecting Transmission Owner’s Attachment Facilities and System Upgrade Facilities and System Deliverability Upgrades for which it is responsible as soon as practicable after the following additional conditions are satisfied:

  • COMMENCEMENT AND COMPLETION OF THE PROJECT Section 3.01 The Project

  • Completion of Project The Borrower shall carry out the Project in accordance with the Technical Description as may be modified from time to time with the approval of the Bank, and complete it by the final date specified therein.

  • Commencement and Completion 5.1 The Owner agrees to commence the Restoration Works, Landscaping Works, and Works and Utilities requirements and Inspection Services requirements forthwith upon adoption of City of Kelowna Heritage Revitalization Agreement Authorization Bylaw No. and to complete all such Works no later than December 31st, 2004.

  • Time of the Essence in This Tenant Work Letter Unless otherwise indicated, all references herein to a “number of days” shall mean and refer to calendar days. If any item requiring approval is timely disapproved by Landlord, the procedure for preparation of the document and approval thereof shall be repeated until the document is approved by Landlord.

  • Tenant Improvements a. Tenant shall cause to be constructed certain tenant improvements (including those listed in Sections 7(e), 7(f) and 7(g) below) in the Additional Premises (“Tenant’s Work”) pursuant to the Work Letter attached as Exhibit E hereto (the “Work Letter”). Landlord shall provide Tenant with an improvement allowance in an amount not to exceed Nine Hundred Five Thousand Five Hundred Thirty-Five Dollars ($905,535) (based upon Forty-Five Dollars ($45) per rentable square foot) (the “TI Allowance”). The TI Allowance may be used to pay for the following costs related to Tenant’s Work: (i) construction, (ii) project oversight by Landlord (which fee shall equal three percent (3%) of the TI Allowance), (iii) space planning, architect, engineering and other related services performed by third parties unaffiliated with Tenant and (iv) building permits and other taxes, fees, charges and levies by Governmental Authorities for permits or for inspections of Tenant’s Work. In no event shall the TI Allowance be used for: (v) payments to Tenant or any affiliates of Tenant, (w) the purchase of any furniture, personal property or other non-building system equipment, (x) the cost of work that is not authorized by the Approved Plans or otherwise approved in writing by Landlord, (y) costs resulting from any default by Tenant of its obligations under the Amended Lease or (z) costs that are recoverable or reasonably recoverable by Tenant from a third party (e.g., insurers, warrantors, or tortfeasors). If the total cost of Tenant’s Work exceeds Forty-Five Dollars ($45) per rentable square foot of the Additional Premises, then Tenant shall pay the overage as and when due. Tenant shall have until December 31, 2008, to expend any unused portion of the TI Allowance, after which date Landlord’s obligation to fund such costs shall expire. Tenant shall deliver to Landlord (Y) a certificate of occupancy for the Additional Premises suitable for the permitted use and (Z) a Certificate of Substantial Completion in the form of the American Institute of Architects document G704, executed by the project architect with respect to Tenant’s Work in the Additional Premises.

  • Commencement and Completion of Construction The Company shall begin Construction Activities no later than January 1, 2014 (“Commencement Date”) and secure a final Certificate of Compliance by August 27, 2015 (hereinafter, “Completion Date”).

  • Notice to Proceed - Site Improvements The Recipient shall not commence, or cause to be commenced, any site improvements or other work on the Land until the Director has issued a Notice to Proceed to the Recipient. Such Notice to Proceed will not be issued until the Director is assured that the Recipient has complied with all requirements for the approval of a grant under Revised Code Sections 164.20 through 164.27 and has completed any land acquisition required by the Project. A Notice to Proceed shall be required for all Project prime contractors or direct procurement initiated by the Recipient following execution of this Agreement.

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