Schedule of Performance; Extensions Sample Clauses

Schedule of Performance; Extensions. City and Developer intend that the planning and development of the Property shall be achieved pursuant to the PAD and Schedule of Performance. From time to time following the Effective Date, however, Developer and City shall, by mutual written agreement, refine and revise the Schedule of Performance and Developer may revise and refine the PAD as may be necessary to accommodate any factors, events or occurrences which may necessitate such refinement or revision. Developer and City shall each use commercially reasonable efforts to enable development of the Property to occur in accordance with the PAD and Schedule of Performance. Subject to any extensions authorized by this Agreement (as set forth below), if Developer fails to complete the Project in accordance with the Schedule of Performance (as extended), then this Agreement shall automatically terminate. No notice of such termination shall be required, as the passage of time without completion of the appointed task cannot be cured. On any such termination, this Agreement shall be null and void and Developer shall have no further right to develop the Property pursuant to this Agreement. So long as no then-current Developer Default is continuing, extensions to the Schedule of Performance may be obtained as follows:
AutoNDA by SimpleDocs
Schedule of Performance; Extensions. City and Developer intend that the planning and development of the Property shall be achieved pursuant to the Schedule of Performance. From time to time following the Effective Date, however, Developer and City may, by mutual written agreement, refine and revise the Conceptual Development Plan and Schedule of Performance as may be necessary to accommodate any factors, events or occurrences (including, without limitation, changes in market conditions) which may necessitate such refinement or revision. Developer and City shall each use commercially reasonable efforts to enable development of the Property to occur in accordance with the Conceptual Development Plan and Schedule of Performance. So long as no Developer Default has occurred and remains uncured, Developer shall have the right to extend the time for performance only one time for a period of one year and a nonrefundable fee of $100,000. Such an extension would automatically extend the deadline of all subsequent Phases in the Schedule of Performance for the same period of time. Any additional extensions will require City Council approval of an amendment to this Agreement.
Schedule of Performance; Extensions. City and Developer intend that the planning and development of the Property shall be achieved pursuant to the Conceptual Development Plan and Schedule of Performance. From time to time following the Effective Date, however, Developer and City may, by mutual written agreement, refine and revise the Conceptual Development Plan and Schedule of Performance as may be necessary to accommodate any factors, events or occurrences which may necessitate such refinement or revision. Developer and City shall each use commercially reasonable efforts to enable development of the Property to occur in accordance with the Conceptual Development Plan and Schedule of Performance. So long as no Developer Default has occurred and remains uncured, Developer shall have the right to extend the time for performance of any item listed on the Schedule of Performance as hereafter provided. Developer may extend any item listed on the Schedule of Performance once for a period not to exceed six (6) months by giving written notice to City not less than forty-five (45) days before the then-scheduled performance date. Developer may extend any item listed on the Schedule of Performance (whether or not a prior extension has been obtained) for an additional period not to exceed one (1) year, by giving written notice to City not less than forty-five (45) days before the then-scheduled performance date and paying to City a nonrefundable extension fee of $100,000. The foregoing extension rights may only be exercised once; not once for each item on the Schedule of Performance, but only once for one item only.

Related to Schedule of Performance; Extensions

  • Schedule of Performance Consultant shall commence the services pursuant to this Agreement upon receipt of a written notice to proceed and shall perform all services within the time period(s) established in the “Schedule of Performance” attached hereto as Exhibit “D” and incorporated herein by this reference. When requested by the Consultant, extensions to the time period(s) specified in the Schedule of Performance may be approved in writing by the Contract Officer but not exceeding one hundred eighty (180) days cumulatively.

  • Time of Performance Time for performance of the Scope of Services under this Agreement shall begin with receipt of the Notice to Proceed and end no later than December 31, 2026. Consultant shall complete the tasks described in the Scope of Services, within this time or within such additional time as may be extended by the County.

  • Term and Time of Performance The effective date of this Agreement shall begin on July 1, 2018 and will continue through June 30, 2023, subject to appropriation of funds, notwithstanding any other provision in this agreement.

  • TASK ORDER PERIOD OF PERFORMANCE ‌ The period of performance for each Order placed under the Master Contract shall be specified in the individual Order. All the following conditions apply:

  • Commencement of Performance This Agreement is of no force and effect until signed by both parties and all JBE-required approvals are secured. Any commencement of performance prior to Agreement approval shall be at Contractor's own risk.

  • EXCUSE OF PERFORMANCE Seller shall not be liable for delays in performance or for non-performance due to failure or interruption of computer or telecommunication systems, acts of God, war, riot, fire, terrorism, labor trouble, unavailability of materials or components, explosion, accident, compliance with governmental requests, laws, regulations, orders or actions, or other unforeseen circumstances or causes beyond Seller's reasonable control. In the event of such delay, the time for performance or delivery shall be extended by a period of time reasonably necessary to overcome the effect of the delay.

  • Availability of Performance Order If, and to the extent that, a breach of this contract has been caused by a Relevant Force Majeure Event, the Non-affected Party shall not be entitled to a Performance Order except to secure performance by the Affected Party of its obligations under this Clause 17.

  • Assessment of Performance The assignment of a teacher to a TLS position will be subject to review by the school district’s administration at least annually. The first review must be completed no later than five (5) work days before the beginning of the transfer process. The review shall include peer feedback on the effectiveness of the teacher’s performance of duty specific to the teacher’s TLS position. A teacher who completes an assignment in a TLS position may apply for assignment to a new TLS position.

  • PERIOD OF PERFORMANCE The period of performance for this contract begins , and ends . ARTICLE 4.

  • Review of Performance The Board of Directors shall periodically review and evaluate the performance of Employee under this Employment Agreement with Employee.

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