Time is Material Clause Samples

The 'Time is Material' clause establishes that adherence to specified timelines is a fundamental requirement of the contract. In practice, this means that deadlines for deliverables, milestones, or completion dates are not merely guidelines but essential terms; failure to meet them may constitute a breach of contract. This clause ensures that both parties recognize the importance of timely performance, helping to prevent delays and providing a clear basis for remedies if deadlines are missed.
Time is Material. The parties agree that time is of the essence and the time and schedule requirements set forth in this Management Agreement are material terms of this Management Agreement.
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Time is Material. The parties agree that time is of the essence and the time and schedule requirements set forth in this Agreement are material terms of this Agreement.
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Time is Material. Time is hereby declared to be of the essence of this Operating Note and of every part hereof, and the time and schedule requirements set forth herein are material terms of this Operating Note.
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Time is Material. The parties agree time is of the essence and that the time and schedule requirements set forth in this Agreement are material terms of this Agreement; provided, however, that any cure periods provided for under the Macau Civil Code are already provided for by agreement of the parties under this Agreement and shall not be in addition thereto.
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Time is Material. Time is hereby declared to be of the essence of this Pawnee Note and of every part hereof, and the time and schedule requirements set forth herein are material terms of this Pawnee Note.
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Time is Material. Time is of the essence of this Agreement. Contractor shall prosecute the Work in a prompt and diligent manner in accordance with Contract Time, the Overall Construction Schedule (as amended from time to time), and the approved Short Interval Schedule without delaying or hindering Construction Manager’s work or the work of other contractors or subcontractors. Contractor shall coordinate the Work with that of all other contractors or subcontractors, and others performing work with respect to the Project in a manner that will facilitate the efficient completion of the Work and the entire Project. In the event Contractor fails to maintain the approved Short Interval Schedule and its part of Construction Manager’s Overall Construction Schedule (as amended from time to time), it shall, without additional compensation, accelerate the Work as Construction Manager may direct until the Work is in compliance with such Schedule. Construction Manager shall have the right to control the premises on which the Work is to be performed and shall have the right to decide the time and order in which various portions of the Work shall be installed and the relative priority of the Work of Contractor and the work of other contractors and subcontractors, and, in general, all other matters pertaining to the timely and orderly conduct of the Work. Contractor agrees to notify Construction Manager, in writing within 48 hours, of any delays or anticipated delays in the performance of the Work and to state the cause of said delays. If Construction Manager is so notified and the actual cause of such delay constitutes an Owner Caused Delay or an Excusable Delay (as such terms are hereinafter defined), then Contractor shall be entitled to an extension of Contract Time, in accordance with and subject to the requirements of the Contract Documents, solely as and to the extent provided in Paragraph 15(d) [Scope of Damages for Delay] hereof.
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Time is Material. The Parties agree that the time and schedule requirements set forth in this Memorandum of Agreement are material terms of this Memorandum of Agreement.
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Time is Material. The parties agree that time is of the essence and the time and schedule requirements set forth in this Development Agreement are material terms of this Development Agreement.
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Time is Material. Time is hereby declared to be of the essence of this KTTT Note and of every part hereof, and the time and schedule requirements set forth herein are material terms of this KTTT Note.
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Related to Time is Material

  • MATERIALS AND WORKMANSHIP (a) All equipment, material, and articles incorporated into the work covered by this Agreement shall be new and of the most suitable grade for the purpose intended, unless otherwise specifically provided in this Agreement. (b) Seller shall obtain Company approval of the machinery and mechanical and other equipment to be incorporated into the work. When required by Company, Seller shall also obtain Company's approval of the material or articles which Seller contemplates incorporating into the work. When so directed, Seller shall submit samples for approval at Seller's expense. Machinery, equipment, material, and articles that do not have the required approval shall be installed or used at the risk of subsequent rejection. (c) References in the specifications or drawings to equipment, material, articles, or patented processes by trade name, make, or catalog number, shall be regarded as establishing a standard of quality and shall not be construed as limiting competition. Seller may, with Company's written approval, use any equipment, material, article, or process that is equal to that specified, unless the words "No Substitution" follow the listing of the item in the specifications or drawings. Unless otherwise agreed, modifications due to use of “or equal” supplies, is at Seller’s expense. (d) All work under this Agreement shall be performed in a skillful and workmanlike manner. Company may require, in writing, Seller to remove from the work any employee Company deems incompetent, careless, or otherwise objectionable.

  • Quality of Materials and workmanship The Contractor shall ensure that the Construction, Materials and workmanship are in accordance with the requirements specified in this Agreement, Specifications and Standards and Good Industry Practice.

  • Materials and Supplies The cost of materials and supplies is allowable. Purchases should be charged at their actual prices after deducting all cash discounts, trade discounts, rebates, and allowances received. Withdrawals from general stores or stockrooms should be charged at cost under any recognized method of pricing, consistently applied. Incoming transportation charges are a proper part of materials and supply costs.

  • DEVELOPMENTAL REQUIREMENTS The Personal Development Plan (PDP) for addressing developmental gaps is attached as Annexure B.

  • Operator Materials Operator retains all right, title and interest in and to any and all of Operator’s software, materials, tools, forms, documentation, training and implementation materials and intellectual property (“Operator Materials”). Operator grants to the LEA a personal, nonexclusive license to use the Operator Materials for its own non-commercial, incidental use as set forth in the Service Agreement. Operator represents that it has all intellectual property rights necessary to enter into and perform its obligations in this DPA and the Service Agreement, warrants to the District that the District will have use of any intellectual property contemplated by the Service Agreement free and clear of claims of any nature by any third Party including, without limitation, copyright or patent infringement claims, and agrees to indemnify the District for any related claims.