Performance Deadline definition
Examples of Performance Deadline in a sentence
Company shall complete the plans and specifications for the Project (the “Plans”) and submit them to the City for approval prior to commencement of construction on or before the Performance Deadline.
Company shall complete construction of the Project in substantial accordance with the Plans and obtain from the City a permanent Certificate of Occupancy for the remodeled Restaurant on or before the Performance Deadline.
Company shall commence construction of the Project on or before the Performance Deadline.
Company shall supply documentation to the City that the Company has paid when due all taxes assessed to the Company, including, but not limited to, those related to the Restaurant and/or the Project, on or before the Performance Deadline.
Company is current on all ad valorem taxes and other property taxes due on the Property and the Facility through the Performance Deadline and provide written notice and evidence thereof to WEDC in a form satisfactory to WEDC.
If First Commercial Approval is not obtained by the Performance Deadline, all RSUs in this Award shall be cancelled and forfeited to the Company.
If Second Commercial Approval is not obtained by the Performance Deadline, the difference between the maximum number of RSUs and target number of RSUs in this Award shall be cancelled and forfeited to the Company.
Company shall supply documentation to the City that the Company has purchased and taken title to the Property for a purchase price of at least Two Million Two Hundred Thousand Dollars ($2,200,000.00) on or before the Performance Deadline.
Notwithstanding anything to the contrary in the Agreement or the First Amendment, the Performance Deadline as defined in the Agreement is hereby extended for six (6) additional months to expire on October 27, 2023.
Company shall supply documentation to the City that the Project Costs, net of any costs related to acquiring the Property, was at least Eight Hundred Fifty Thousand Dollars ($850,000.00) on or before the Performance Deadline.