Commencement and Completion. 7.1 Possession of the property shall be given to the contractor on a date not later than 2 (two) years after the date of transfer of the property into the name of the employer who shall thereupon within a reasonable time begin the Works and regularly proceed with and complete the same within 290 (TWO HUNDRED AND NINETY) days following the date given above, subject to anything to the contrary herein contained and subject furthermore to any extension of time granted by the Employer. In the event of the building operations coinciding with the Builder’s holiday period in any year, then the intended period of completion within the time limit as aforesaid shall be extended by an additional 30 (THIRTY) days.
Appears in 6 contracts
Samples: Building Agreement, Building Agreement, Building Agreement
