Common use of Excusable Delay Clause in Contracts

Excusable Delay. (a) SELLER shall not be in default for any failure or delay in performance of the Work hereunder to the extent such failure or delay is the result of an event that (i) was beyond the control of the Seller, (ii) could not reasonably have been foreseen, (iii) could not reasonably have been prevented by the Seller, and (iv) occurred without the fault or negligence of the Seller, such event being an Excusable Delay.

Appears in 15 contracts

Samples: www.lockheedmartin.com, www.lockheedmartin.com, www.lockheedmartin.com

AutoNDA by SimpleDocs

Excusable Delay. (a) Subject to complying with the provisions of clause 15(b), SELLER shall not be in default for any failure or delay in performance of the Work hereunder to the extent such failure or delay is the result of an event that (i) was beyond the control of the Seller, (ii) could not reasonably have been foreseen, (iii) could not reasonably have been prevented by the Seller, and (iv) occurred without the fault or negligence of the Seller, such event being an Excusable Delay.

Appears in 1 contract

Samples: www.lockheedmartin.com

AutoNDA by SimpleDocs

Excusable Delay. (a) Subject to complying with the provisions of clause 13(b), SELLER shall not be in default for any failure or delay in performance of the Work hereunder to the extent such failure or delay is the result of an event that (i) was beyond the control of the Seller, (ii) could not reasonably have been foreseen, (iii) could not reasonably have been prevented by the Seller, and (iv) occurred without the fault or negligence of the Seller, such event being an Excusable Delay.

Appears in 1 contract

Samples: www.lockheedmartin.com

Time is Money Join Law Insider Premium to draft better contracts faster.