Common use of Delays in Performance Clause in Contracts

Delays in Performance. The time within which the parties hereto shall be required to perform any act under this Lease, other than the payment of rent, taxes, insurance, or other obligations to pay money that are treated as rent, shall be extended by a period of time equal to the number of days during which performance of such act is delayed due to an act of God, supernatural causes, strikes, lockouts, fire, earthquake, flood, explosion, war, invasion, insurrection, riot, mob violence, acts of the public enemy, epidemics, quarantine restrictions, freight embargoes, unusually severe weather, court order, delays or inaction of independent contractors, or similar events which are completely and strictly beyond that party’s control. The additional grace period or extension of time provided above shall be equal to the period of delay caused by the above-described event, which period shall commence to run from the time of the commencement of the cause for delay and shall terminate upon termination of that cause. A party wishing to invoke this Section shall notify in writing the other party to this Agreement of that intention within six (6) months of the date on which it knew or should have known of the commencement of any such cause for delay and shall, at that time, specify the reasons therefore. The failure to so notify the other party within that period as to the cause for delay shall constitute a waiver of any right to later rely upon this Section with respect to that cause.

Appears in 3 contracts

Samples: Joint Occupancy Lease, Joint Occupancy Lease, Joint Occupancy Lease

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Delays in Performance. The time within which the parties Parties hereto shall be required to perform any act obligation under this Lease, other than the payment of rent, taxes, insurance, or other obligations to pay money that are treated as rent, Lease shall be extended by a period of time equal to the number of days during which performance of such act is delayed due to an act of God, supernatural causes, strikes, lockouts, fire, earthquake, flood, explosion, war, invasion, insurrection, riot, mob violence, acts of the public enemy, epidemics, quarantine restrictions, freight embargoes, unusually severe weather, application of governmental restrictions, regulations or controls not contemplated by this Lease or otherwise reasonably foreseeable, court order, delays or inaction of independent contractors, remediation of Hazardous Materials located upon the Leased Premises, litigation brought against the Leased Premises or similar a Party without that Party's consent, or other like events which are completely and strictly beyond that party’s controla Party's control (the "Force Majeure Events"). The additional grace period or extension of time provided above shall be equal to the period of delay caused by the above-described event, which period shall commence to run from the time of the commencement of the cause for delay and shall terminate upon termination of that cause. A party Party wishing to invoke this Section shall must notify in writing the other party Party to this Agreement Lease of that intention within six sixty (660) months of the date on which it knew or should have known days of the commencement of any such cause for delay and shall, at that time, specify the reasons therefore. The failure to so notify therefor, the other party within that specific provision of this Lease which will be delayed as a result, and the period as to the cause for delay shall constitute of such extension, if known, or if not known, a waiver of any right to later rely upon this Section with respect to that causereasonable estimate thereof.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement, Minimed Inc

Delays in Performance. The time within which the parties Parties hereto shall be required to perform any act obligation under this Lease, other than the payment of rent, taxes, insurance, or other obligations to pay money that are treated as rent, Lease shall be extended by a period of time equal to the number of days during which performance of such act is delayed due to an act of God, supernatural causes, strikes, lockouts, fire, earthquake, flood, explosion, war, invasion, insurrection, riot, mob violence, acts of the public enemy, epidemics, quarantine restrictions, freight embargoes, unusually severe weather, application of governmental restrictions, regulations or controls not contemplated by this Lease or otherwise reasonably foreseeable, court order, delays or inaction of independent contractors, remediation of Hazardous Substances located upon the Leased Premises, litigation brought against the Leased Premises or similar a Party without that Party’s consent, or other like events which are completely and strictly beyond that partya Party’s controlcontrol (the “Force Majeure Events”). The additional grace period or extension of time provided above shall be equal to the period of delay caused by the above-above- described event, which period shall commence to run from the time of the commencement of the cause for delay and shall terminate upon termination of that cause. A party Party wishing to invoke this Section shall must notify in writing the other party Party to this Agreement Lease of that intention within six sixty (660) months of the date on which it knew or should have known days of the commencement of any such cause for delay and shall, at that time, specify the reasons therefore. The failure to so notify therefor, the other party within that specific provision of this Lease which will be delayed as a result, and the period as to the cause for delay shall constitute of such extension, if known, or if not known, a waiver of any right to later rely upon this Section with respect to that causereasonable estimate thereof.

Appears in 1 contract

Samples: Disposition and Development Agreement

Delays in Performance. The time within which the parties Parties hereto shall be required to perform any act obligation under this Lease, other than the payment of rent, taxes, insurance, or other obligations to pay money that are treated as rent, Lease shall be extended by a period of time equal to the number of days during which performance of such act is delayed due to an act of God, supernatural causes, strikes, lockouts, fire, earthquake, flood, explosion, war, invasion, insurrection, riot, mob violence, acts of the public enemy, epidemics, quarantine restrictions, freight embargoes, unusually severe weather, application of governmental restrictions, regulations o r controls not contemplated by this Lease or otherwise reasonably foreseeable, court order, delays or inaction of independent contractors, remediation of Hazardous Substances located upon the Leased Premises, litigation brought against the Leased Premises or similar a Party without that Party’s consent, or other like events which are completely and strictly beyond that partya Party’s controlcontrol (the “Force Majeure Events”). The additional grace period or extension of time provided above shall be equal to the period of delay caused by the above-described event, which period shall commence to run from the time of the commencement of the cause for delay and shall terminate upon termination of that cause. A party Party wishing to invoke this Section shall must notify in writing the other party Party to this Agreement Lease of that intention within six sixty (660) months of the date on which it knew or should have known days of the commencement of any such cause for delay and shall, at that time, specify the reasons therefore. The failure to so notify therefor, the other party within that specific provision of this Lease which will be delayed as a result, and the period as to the cause for delay shall constitute of such extension, if known, or if not known, a waiver of any right to later rely upon this Section with respect to that causereasonable estimate thereof.

Appears in 1 contract

Samples: Disposition and Development Agreement

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Delays in Performance. The time within which the parties Parties hereto shall be required to perform any act obligation under this Lease, other than the payment of rent, taxes, insurance, or other obligations to pay money that are treated as rent, Lease shall be extended by a period of time equal to the number of days during which performance of such act is delayed due to an act of God, supernatural causes, strikes, lockouts, fire, earthquake, flood, explosion, war, invasion, insurrection, riot, mob violence, acts of the public enemy, epidemics, quarantine restrictions, freight embargoes, unusually severe weather, application of governmental restrictions, regulations or controls not contemplated by this Lease or otherwise reasonably foreseeable, court order, delays or inaction of independent contractors, remediation of Hazardous Substances located upon the Leased Premises, litigation brought against the Leased Premises or similar a Party without that Party’s consent, or other like events which are completely and strictly beyond that partya Party’s controlcontrol (the “Force Majeure Events”). The additional grace period or extension of time provided above shall be equal to the period of delay caused by the above-described event, which period shall commence to run from the time of the commencement of the cause for delay and shall terminate upon termination of that cause. A party Party wishing to invoke this Section shall must notify in writing the other party Party to this Agreement Lease of that intention within six sixty (660) months of the date on which it knew or should have known days of the commencement of any such cause for delay and shall, at that time, specify the reasons therefore. The failure to so notify therefor, the other party within that specific provision of this Lease which will be delayed as a result, and the period as to the cause for delay shall constitute of such extension, if known, or if not known, a waiver of any right to later rely upon this Section with respect to that causereasonable estimate thereof.

Appears in 1 contract

Samples: Disposition and Development Agreement

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