Time Adjustment Sample Clauses
The Time Adjustment clause defines the conditions and procedures for modifying the schedule or deadlines set out in an agreement. Typically, this clause allows for extensions or reductions in timeframes if certain events occur, such as delays caused by unforeseen circumstances, changes in project scope, or force majeure events. Its core practical function is to provide flexibility and fairness in managing timelines, ensuring that parties are not penalized for delays beyond their control and that project schedules remain realistic and achievable.
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Time Adjustment. If the first or fifth day of the month is a Saturday, Sunday or legal holiday such estimate or meter readings and delivery date shall be the next business day thereafter (the date of delivery by the Authority of the Bill being a “Bill Date”).
Time Adjustment. For any Change Order, the final Time Adjustment binding on Landlord and Tenant in connection with such Change Order shall be equal to (I) in the case of any Change Order that results in an increase in the number of days to complete one or Milestones, the lesser of (x) the Time Adjustment set forth in the applicable Landlord's Change Order and (y) the number of days by which the time required to complete such Milestone(s) is actually increased by such Change Order, and (II) in the case of any Change Order that results in a decrease in the number of days to complete one or more Milestones, the number of days by which the time required to complete such Milestone(s) is actually decreased by such Change Order. Any dispute under this subparagraph (d) shall be resolved by mutual agreement of Landlord's architect and Tenant's architect; provided, however, that if such architects are unable to reach mutual agreement within 15 days, then such dispute shall be resolved by arbitration in accordance with Section 4.01 below (except that the arbitrator shall be an independent third-party architect having at least 15 years experience in the area of industrial/warehouse construction). For purposes hereof, the term "Cumulative Time Adjustment", shall mean, as to any Milestone, the sum of the final Time Adjustments applicable to such Milestone.
Time Adjustment. The Company reserves the right to extend the expiration of the Warrant exercise period for any reason, including but not limited to, the financial condition of the Company and financial market conditions beyond the control of the Company.
Time Adjustment. During a given pay period, a member who works hours that would otherwise be compensated at the overtime rate, may, at his/her option and with the approval of the shift supervisor, adjust his or her work schedule during that pay period. Time adjustments will only be approved when staffing levels allow and will not result in additional overtime. The following examples illustrate time adjustments under this Section: • A member who works 3pm – 11pm, is called in at 11am to cover a shift shortage. The member may end his/her tour at 7pm if staffing levels permit. • A member is temporarily assigned to training Monday through Friday. His/her regular days off are Tuesday/Wednesday. The member may take Saturday/Sunday, or any other days off in lieu of the days they are assigned to training. • A member is subpoenaed to court during their off duty hours and is entitled to three (3) hours overtime. The member may, with supervisory approval, adjust his or her time by taking the three (3) hours off in lieu of receiving overtime pay.
Time Adjustment. During a given pay period, a member who works hours that would otherwise be compensated at the overtime rate, may, at his/her option and with the approval of the shift supervisor, adjust his or her work schedule during that pay period. Time adjustments will only be approved when staffing levels allow and will not result in additional overtime. The following examples illustrate time adjustments under this Section:
A. A member who works 3 p.m. – 11 p.m., is called in at 11am to cover a shift shortage. The member may end his/her tour at 7 p.m. if staffing levels permit.
B. A member is temporarily assigned to training Monday through Friday. His/her regular days off are Tuesday/Wednesday. The member may take Saturday/Sunday, or any other days off in lieu of the days they are assigned to training.
C. A member is subpoenaed to court during their off duty hours and is entitled to three (3) hours overtime. The member may, with supervisory approval, adjust his or her time by taking the three (3) hours off in lieu of receiving overtime pay.
Time Adjustment. For any change in the work or for any Buyer caused delays, Seller shall be entitled to such adjustment in time by which the entire work may be delayed, provided,
(i) each estimate for a change in the work submitted by Seller shall state the time adjustment he considers should be allowed for making the change, and (ii) time adjustment for Buyer caused delays shall be requested in writing for Buyer approval. Failure to request extra time shall constitute a waiver of the right to subsequently claim any adjustment in the time for final completion. If the work change is separable from the work of the basic order the extension of time shall apply only to the changed portion of work. If an agreement is reached as to the adjustment in compensation for the performance of changed work, but agreement is not reached as to time adjustment for such work, then the Seller shall proceed with the work at the agreed price, reserving to the Seller the right to further pursue his claim for time adjustment.