Reasonable Delay Sample Clauses

The Reasonable Delay clause defines the circumstances under which a party is permitted to delay performance of its contractual obligations without being considered in breach of contract, provided the delay is reasonable and often due to factors beyond their control. In practice, this clause typically applies to situations such as supply chain disruptions, unforeseen regulatory changes, or other events that make timely performance temporarily impossible or impractical. Its core function is to allocate risk and provide flexibility, ensuring that parties are not unfairly penalized for delays that are justifiable and outside their direct influence.
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Reasonable Delay. A Party will not be responsible for any delay in performance or non-performance due to any cause beyond the reasonable control of that Party provided that upon such event, the affected Party will promptly notify the other Party in writing stating the cause of the delay and the effect upon that Party’s performance, and take all action within its power to comply with this Agreement as fully and promptly as possible.
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Reasonable Delay. If the Licensee is unable to comply with any of the obligations specified in Section 2.3, the Licensee shall give the Licensor written notice thereof (a Delay Notice), including in such notice reasonable documentary evidence supporting such notice and a plan to address such non-compliance. The Licensee shall not be in default hereunder if a failure to comply resulted from the circumstances contemplated by this Section 2.5, which include: (i) delays resulting from emerging safety issues that cause the Phase I Trial, the Phase II Trial, or the Phase III Trial of the Licensed Product in question to be put on hold by the relevant regulatory authority or the sponsor, or that mandate further pre-clinical works to be conducted on the Licensed Product in question; (ii) technical difficulties caused by a poor pharmacokinetic or pharmacodynamic profile or efficacy in man that requires further formulation or pre-clinical works to be conducted on the Licensed Product in question; (iii) delays in patient recruitment to the Phase I Trial, the Phase II Trial or the Phase III Trial of the Licensed Product in question; and/or (iv) delays resulting from clinical findings that require further investigations (not including the further investigations agreed in the Development Plan) to be conducted on the Licensed Product.
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Reasonable Delay. Seller shall not be liable for delays in delivery or failure to perform due to: (1) causes beyond its reasonable control, (2) acts of God, or (3) inability due to causes beyond its reasonable control to obtain necessary labor, transportation, material or components. In the event of any such delay, the date of delivery or performance shall be extended for a period equal to the time lost on the delay.
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Reasonable Delay. At the time of opening the DMS Account, and when portfolio changes or rebalancing are necessary thereafter, the Client understands and agrees that Desjardins Securities may require a reasonable period of time to execute the transactions necessary to reflect or implement the Investment Policy.
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Reasonable Delay. Seller shall not be liable for any delay in the prosecution or completion of the work caused by the act, delay, neglect or default by Buyer, or by damage from fire, earthquake or other casualty for which Seller is not responsible, or by weather conditions, strike, walkouts or other acts of employees or suppliers of labor or materials over which Seller has no control or for which Seller is not responsible. In any such event the time herein fixed for the completion of the work shall be extended for a period equivalent to the time lost by reason of any of the causes aforesaid and Buyer shall be prohibited from claiming that time is of the essence.
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Related to Reasonable Delay

  • Excusable Delays Except with respect to defaults of subproviders, the Engineer shall not be in default by reason of any failure in performance of this contract in accordance with its terms (including any failure to progress in the performance of the work) if such failure arises out of causes beyond the control and without the default or negligence of the Engineer. Such causes may include, but are not restricted to, acts of God or the public enemy, acts of the Government in either its sovereign or contractual capacity, fires, floods, epidemics, quarantine restrictions, strikes, freight embargoes, and unusually severe weather.

  • Excusable Delay The parties shall not be obligated to perform and shall not be deemed to be in default hereunder, if the performance of a non-monetary obligation required hereunder is prevented by the occurrence of any of the following, other than as the result of the financial inability of the party obligated to perform: acts of God, strikes, lock-outs, other industrial disturbances, acts of a public enemy, war or war-like action (whether actual, impending or expected and whether de jure or de facto), acts of terrorists, arrest or other restraint of government (civil or military), blockades, insurrections, riots, epidemics, landslides, lightning, earthquakes, fires, hurricanes, storms, floods, washouts, sink holes, civil disturbances, explosions, breakage or accident to equipment or machinery, confiscation or seizure by any government or public authority, nuclear reaction or radiation, radioactive contamination or other causes, whether of the kind herein enumerated or otherwise, that are not reasonably within the control of the party claiming the right to delay performance on account of such occurrence.

  • Unavoidable Delay When construction is impeded as a result of strikes, lockouts, acts of God or other factors beyond the control, and ability to remedy, of the Developer.

  • Unavoidable Delays Delays due to acts of God, acts of public agencies, labor disputes, strikes, fires, freight embargoes, inability (despite the exercise of due diligence) to obtain supplies, materials, fuels or permits, or other causes or contingencies (excluding financial inability) beyond the reasonable control of Landlord or Tenant, as applicable. Landlord shall use commercially reasonable efforts to provide Tenant with prompt notice of any Unavoidable Delays.

  • Reasonable Repairs a. We will pay the reasonable cost incurred by you for the necessary measures taken solely to protect covered property that is damaged by a Peril Insured Against from further damage. b. If the measures taken involve repair to other damaged property, we will only pay if that property is covered under this policy and the damage is caused by a Peril Insured Against. This coverage does not: (1) Increase the limit of liability that applies to the covered property; or (2) Relieve you of your duties, in case of a loss to covered property, described in