Unavoidable Delays definition
Examples of Unavoidable Delays in a sentence
In the event the Work as required by this LDA is not completed within the time set forth in Section 1.2 above (including any extensions thereof agreed upon by the parties or as a result of Unavoidable Delays or Town Delays), or if the Work is not completed substantially in accordance with the Approved Plans, the Town shall have the right to call upon the surety to complete the Work in accordance with this LDA and the Bond.
Developer acknowledges that if the Completion of the Minimum Improvements is delayed due to Unavoidable Delays or for any other reason, there will be no compensation to Developer or any other party for any reduction in the amount available to pay or refund the TIF Notes.
The progress reports shall include: summary of progress to date, percent construction completion, identification of any Unavoidable Delays, and projected occupancy date.
Developer acknowledges that if construction of the Minimum Improvements is delayed due to Unavoidable Delays or for any other reason, this could affect the amount of Available Tax Increments and thus the total amount which may be available to pay the TIF Notes.
Subject to Unavoidable Delays, the Developer shall occupy the Facility no later than February 1, 2019.