Expected Initial Delivery Date Sample Clauses
The "Expected Initial Delivery Date" clause defines the anticipated date by which the first delivery of goods or services under the contract is to occur. This clause typically specifies a calendar date or a time frame after contract execution, providing both parties with a clear timeline for initial performance. By establishing a mutual understanding of when the first delivery is expected, this clause helps coordinate planning, manage expectations, and reduce the risk of disputes related to delivery timing.
Expected Initial Delivery Date. The Expected Initial Delivery Date shall have theretofore occurred.
Expected Initial Delivery Date. The Expected Initial Delivery Date is [Date] {SCE Note: must be the first day of a calendar month}.
Expected Initial Delivery Date. Subject to adjustment made under Section 2.07(b), the Expected Initial Delivery Date for the Project is [Date].
Expected Initial Delivery Date. If Seller has not achieved the Initial Delivery Date as of the Expected Initial Delivery Date for reasons other than a Force Majeure extension, then for every day beginning with the day after the Expected Initial Delivery Date through and including the date on which the Initial Delivery Date occurs, Seller shall pay to Buyer Delay Damages. Delay Damages shall be equal to the amount set forth on the Cover Sheet. If Delay Damages are due, then Buyer shall provide Notice to Seller of the amounts due and Buyer may draw such amounts due from the Project Development Security, provided that if the Project Development Security is not adequate to compensate Buyer for Delay Damages, Buyer shall invoice Seller for the amount still owed to Buyer on a monthly basis during the period of the delay. Each Party agrees that (i) the damages that ▇▇▇▇▇ would incur due to Seller’s delay in achieving the Expected Initial Delivery Date would be difficult or impossible to predict with certainty and (ii) the Delay Damages are an appropriate approximation of such damages.