Uncontrollable Events definition
Examples of Uncontrollable Events in a sentence
Seller shall use commercially reasonably efforts to obtain Final Approval of the Entitlements applicable to the Takedown 1 Lots on or before that date which is nine (9) months after the expiration of the Due Diligence Period, as such period may be extended pursuant to this Section 5(a)(i), or as a result of delays resulting from Uncontrollable Events.
Uncontrollable Events: Neither party will be liable for delays or failures in performance due to events beyond their reasonable control, including natural disasters, government actions, or regulatory changes that impact service delivery.
Anything herein to the contrary notwithstanding, neither the Village nor the Developer nor any successor in interest to either of them shall be considered in breach of or in default of its obligations under this Agreement in the event of any delay or nonperformance caused by Uncontrollable Events beyond the reasonable control of the Party affected which in fact interferes with the ability of such party to discharge its obligations hereunder.
Uncontrollable Events Neither of us will be in default under this Agreement if the default is caused by an Uncontrollable Event.
If the Uncontrollable Events last for ten (10) consecutive days or less, then only one notice provided within ten (10) days after the end of such occurrence will be required.
If Seller has not secured such Final Approval of the Entitlements applicable to the Takedown 1 Lots by the expiration of the initial nine (9) month period (subject to delays resulting from Uncontrollable Events) and neither party exercises such six-month extension, this Contract shall automatically terminate and each party hereto shall thereupon be relieved of all further obligations and liabilities under this Contract, except as otherwise provided herein, and the Deposit shall be returned to Purchaser.
If Seller has not secured such Final Approval of the Takedown 1 Lots by the expiration of the initial nine (9) month period (subject to delays resulting from Uncontrollable Events) and shall fail to exercise such extension, each party shall thereupon be relieved of all further obligations and liabilities under this Contract, except as otherwise provided herein, and the Deposit shall be returned to Purchaser.
The Purchase Price Escalator shall not accrue or be calculated during extension periods requested by Seller and in no event be calculated beyond 24 months from the previous Closing, except in the event of delays resulting from Purchaser’s actions, defaults, or as a result of Uncontrollable Events.
Seller shall use commercially reasonably efforts to obtain Final Approval of the Entitlements applicable to the Takedown 1 Lots on or before that date which is nine (9) months after the expiration of the Due Diligence Period, as such period may be extended pursuant to this Section 5(a), or as a result of delays resulting from Uncontrollable Events.
SECTION SIX - Contractual Liabilities/Commitment Except for Force Majeures or Uncontrollable Events, if GWAPO, Inc.