Common use of Additional Provisions Relating to Delays in NTP1 Clause in Contracts

Additional Provisions Relating to Delays in NTP1. 12.1.5.1 Notwithstanding anything to the contrary contained herein, Developer shall not be entitled to an increase in the Price or extension of the Completion Deadlines, nor shall Developer have a right to terminate this Agreement in accordance with Section 15.9 with respect to any delay in issuance of NTP1 due to the acts, omissions, negligence, intentional misconduct, or breach of applicable Law, contract or Governmental Approval of any Developer-Related Entity. 12.1.5.2 Any Price increase under this Section 12.1 shall be amortized proportionally over all Work at issue.

Appears in 11 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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Additional Provisions Relating to Delays in NTP1. 12.1.5.1 12.1.4.1 Notwithstanding anything to the contrary contained herein, Developer shall not be entitled to an increase in the Price or extension of the Completion Deadlines, nor shall Developer have a right to terminate this Agreement in accordance with Section 15.9 with respect to any delay in issuance of NTP1 due to the acts, omissions, negligence, intentional misconduct, or breach of applicable Law, contract or Governmental Approval of any Developer-Related Entity. 12.1.5.2 12.1.4.2 Any Price increase under this Section 12.1 shall be amortized proportionally over all Work at issue.

Appears in 3 contracts

Samples: Comprehensive Development Agreement, Comprehensive Development Agreement, Comprehensive Development Agreement

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Additional Provisions Relating to Delays in NTP1. 12.1.5.1 Notwithstanding anything to the contrary contained herein, Developer shall not be entitled to an increase in the Price or extension of the Completion Deadlines, nor shall Developer have a right to terminate this Agreement in accordance with Section 15.9 with respect to any delay in issuance of NTP1 due to the acts, omissions, negligence, intentional misconduct, or breach of applicable Law, contract or Governmental Approval of any Developer-Related Entity. Section 12.1 shall be amortized 12.1.5.2 Any Price increase under this Section 12.1 shall be amortized proportionally over all Work at issue.

Appears in 1 contract

Samples: Development Agreement

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