Extension of Time to Cure Sample Clauses

Extension of Time to Cure. If the Commission believes Contractor is using its best efforts to make good the deficiency, correct, or remedy defective Work, or supply any omitted Work, then the Commission, in its sole discretion and taking into consideration the Commission's general business concerns and the need to ensure that there are no delays to the Project Schedule, Milestone Schedule and any other contractor's schedules, or operation of the toll system, may extend the respective cure period set forth in its notice to Contractor.
Sample 1
AutoNDA by SimpleDocs
Extension of Time to Cure. If the Landlord elects to terminate this Lease by reason of any default of the Tenant, the leasehold mortgagee shall not only have and be subrogated to all rights of the Tenant with respect to curing such default, but shall also have the right to postpone and extend the specified date for the termination of this Lease as fixed by the Landlord in its notice of termination, for a period of not more than six months, provided that: (1) the mortgagee shall cure any then existing default and, meanwhile, pay the rent and additional rent and perform all of the other requirements of this Lease required to be performed by the Tenant; (2) no further defaults shall accrue hereunder during such extended period; and (3) the mortgagee forthwith takes steps to acquire the Tenant's interest in this Lease by foreclosure of its mortgagee or otherwise.
Sample 1
Extension of Time to Cure. If SRTA believes TSI Contractor is using its best efforts to make good the deficiency, correct, or remedy defective Work, or supply any omitted Work, then SRTA, in its discretion and taking into consideration SRTA’s general business concerns and the need to ensure that there are no delays to the Master Project Schedule, Milestone Schedule and any other contractor’s schedules (including the Civil Contractor), may extend the respective cure period set forth in its notice sent to TSI Contractor pursuant to Section 19.7.
Sample 1

Related to Extension of Time to Cure

  • Extension of Time If the Executive shall be in violation of any provision of this Article 6, then each time limitation set forth in this Article 6 shall be extended for a period of time equal to the period of time during which such violation or violations occur. If the Company seeks injunctive relief from such violation in any court, then the covenants set forth in this Article 6 shall be extended for a period of time equal to the pendency of such proceeding including all appeals by the Executive.

  • Extension of Time; Waiver At any time prior to the Effective Time, the parties may, by action taken or authorized by their respective Boards of Directors, to the extent permitted by applicable Law, (a) extend the time for the performance of any of the obligations or acts of the other parties, (b) waive any inaccuracies in the representations and warranties of the other parties set forth in this Agreement or any document delivered pursuant hereto or (c) subject to applicable Law, waive compliance with any of the agreements or conditions of the other parties contained herein; provided, however, that after the Company Stockholder Approval has been obtained, no waiver may be made that pursuant to applicable Law requires further approval or adoption by the Stockholders without such further approval or adoption. Any agreement on the part of a party to any such waiver shall be valid only if set forth in a written instrument executed and delivered by a duly authorized officer on behalf of such party. No failure or delay of any party in exercising any right or remedy hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such right or power, or any course of conduct, preclude any other or further exercise thereof or the exercise of any other right or power. The rights and remedies of the parties hereunder are cumulative and are not exclusive of any rights or remedies which they would otherwise have hereunder.

  • Extension of Time, Waiver, Etc At any time prior to the Effective Time, any party may, subject to applicable Law, (a) waive any inaccuracies in the representations and warranties of any other party hereto, (b) extend the time for the performance of any of the obligations or acts of any other party hereto or (c) waive compliance by the other party with any of the agreements contained herein or, except as otherwise provided herein, waive any of such party’s conditions. Notwithstanding the foregoing, no failure or delay by the Company, Parent or Merger Sub in exercising any right hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right hereunder. Any agreement on the part of a party hereto to any such extension or waiver shall be valid only if set forth in an instrument in writing signed on behalf of such party.

  • Extension of Time Periods The parties may extend any period of time provided in this Article 7 by mutual agreement.

  • Time of the Essence; Computation of Time Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or any duty hereunder shall fall upon a Saturday, Sunday, or any date on which banks in New York, New York are authorized to be closed, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular business day.

  • Calculation of Time Period When calculating the period of time before which, within which or following which any act is to be done or step taken pursuant to this Agreement, the date that is the reference date in calculating such period shall be excluded. If the last day of such period is a non-Business Day, the period in question shall end on the next succeeding Business Day.

  • Calculation of Time Periods Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 p.m., local time.

  • Computation of Time In computing any period of time prescribed or allowed by procedures herein, the date of the act, event, or default for which the designated period of time begins to run shall not be included. The last day of the period so computed shall be counted, unless it is a Saturday, a Sunday, or a legal holiday, in which event the period runs until the end of the next day which is not a Saturday, a Sunday, or a legal holiday.

  • Computation of Time Periods In this Agreement in the computation of periods of time from a specified date to a later specified date, the word “from” means “from and including” and the words “to” and “until” each mean “to but excluding”.

  • Calculation of Time For the purposes of this Agreement, “days” refers to calendar days unless otherwise specified.

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