Common use of Permitted Delays Clause in Contracts

Permitted Delays. Whenever performance is required of any party hereunder, such party shall use all due diligence and take all necessary measures in good faith to perform; provided, however, that if completion of performance shall be delayed at any time by reason of acts of God, war, civil commotion, riots, strikes, picketing, or other labor disputes, unavailability of labor or materials, inability to obtain the required permits, or damage to work in progress by reason of fire or other casualty or similar causes beyond the reasonable control of a party (other than financial reasons), then the time for performance as herein specified shall be appropriately extended by the time of the delay actually caused by such circumstances. If (i) there should arise any permitted delay for which the Company or the Local Government Bodies are entitled to delay performance under this Agreement and (ii) the Company or the Local Government Bodies anticipate that such permitted delay will cause a delay in their performance under this Agreement, then the Company or the Local Government Bodies, as the case may be, agree to provide written notice to the other parties of this Agreement of the nature and the anticipated length of such delay.

Appears in 2 contracts

Samples: Economic Development Agreement, Economic Development Agreement

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Permitted Delays. Whenever performance is required of any party hereunder, such party shall use all due diligence and take all necessary measures in good faith to perform; provided, however, that if completion of performance shall be delayed at any time by reason of acts of God, war, civil commotion, riots, strikes, picketing, or other labor disputes, unavailability of labor or materials, inability to obtain the required permits, or damage to work in progress by reason of fire or other casualty or similar causes beyond the reasonable control of a party (other than financial reasons), then the time for performance as herein specified shall be appropriately extended by the time of the delay actually caused by such circumstances. If (i) there should arise any permitted delay for which the Company or the Local Government Bodies are a party is entitled to delay its performance under this Agreement and (ii) the Company or the Local Government Bodies anticipate such party anticipates that such this permitted delay will cause a delay in their its performance under this Agreement, then the Company or the Local Government Bodies, as the case may be, agree such party agrees to provide written notice to the other parties of this Agreement of the nature and the anticipated length of such delay.. None of the following shall constitute permitted delays under this Section 5.03: (a) failure to apply for or to diligently pursue regulatory approvals or permits;

Appears in 1 contract

Samples: Redevelopment Agreement

Permitted Delays. Whenever performance is required of any party hereunder, such party shall use all due diligence and take all necessary measures in good faith to perform; provided, however, that if completion of performance shall be delayed at any time by reason of acts of God, war, civil commotion, pandemics, riots, strikes, picketing, or other labor disputes, unavailability of labor or materials, inability to obtain the required permits, or damage to work in progress by reason of fire or other casualty or similar causes beyond the reasonable control of a party (other than financial reasons), then the time for performance as herein specified shall be appropriately extended by the time of the delay actually caused by such circumstances. If (i) there should arise any permitted delay for which the Company or any of the Local Government Town Bodies are is entitled to delay its performance under this Agreement and (ii) the Company or the Local Government Bodies anticipate such Town Body anticipates that such permitted delay will cause a delay in their its performance under this Agreement, then the Company or the Local Government Bodiessuch Town Body, as the case may be, agree agrees to provide written notice to the other parties of this Agreement of the nature and the anticipated length of such delay.

Appears in 1 contract

Samples: Economic Development Agreement

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Permitted Delays. Whenever performance is required of any party Party hereunder, such party Party shall use all due diligence and take all necessary measures in good faith to performperform the same; provided, however, that if completion of performance shall be delayed at any time by reason of pandemic, acts of God, war, civil commotion, riots, strikes, picketing, or other labor disputes, unavailability of labor or materials, inability to obtain the required permits, or damage to work in progress by reason of fire or other casualty or similar causes beyond the reasonable control of a party Party (other than financial reasons), then the time for performance as herein specified shall be appropriately extended by the time of the delay actually caused by such circumstances. If (i) there should arise any permitted delay for which the Company Developer or the Local Government Bodies are Commission is entitled to delay its performance under this Agreement and (ii) the Company Developer or the Local Government Bodies anticipate such County agency, body, or board anticipates that such permitted delay will cause a delay in their its performance under this Agreement, then the Company Developer or the Local Government Bodiessuch County agency, body, or board, as the case may be, agree agrees to exercise commercially reasonable efforts to provide written notice to the other parties of Party to this Agreement of with the nature of and the anticipated length of such delay.

Appears in 1 contract

Samples: Development Agreement

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