Change Order for Excusable Event Sample Clauses
A Change Order for Excusable Event clause allows for modifications to a contract’s terms, such as schedule or scope, when unforeseen events occur that are beyond the control of the parties, like natural disasters or government actions. When such an excusable event happens, the affected party can formally request adjustments, typically through a documented change order process, to account for delays or additional costs. This clause ensures that neither party is unfairly penalized for circumstances outside their control, providing a structured way to address disruptions and maintain fairness in contract performance.
Change Order for Excusable Event. If Supplier is entitled to an adjustment in the Contract Price, the Project Schedule and/or the Guaranteed Delivery Dates for any reason hereunder, then Supplier and Buyer shall execute a Change Order to effect the same.
Change Order for Excusable Event. After Seller’s compliance with Section 10.2, the Parties shall execute a Change Order to (a) adjust the Critical Path Project Schedule (other than the Guaranteed Project Substantial Completion Date), to account for material delays to the Critical Path Project Schedule resulting from the Excusable Event and/or (b) adjust the Contract Price to account for the material increase in the cost of the performance of the Work resulting from the Excusable Event. 32
Change Order for Excusable Event. If Supplier is entitled to an adjustment in the Aggregate Base Price and/or the Guaranteed Delivery Dates for any reason hereunder, then Supplier and Buyer shall execute a Change Order to effect the same.
Change Order for Excusable Event. Compliance with the terms of this Article is a condition precedent to receipt of an equitable extension in the Guaranteed Substantial Completion Date and/or increase in the Contract Price, provided that Contractor shall not waive relief for an Excusable Event unless Contractor fails to provide the original written notice to Owner under Section 7.2(i) within thirty (30) days after Contractor becomes aware of the occurrence of such Excusable Event. Subject to the foregoing, in the event of a failure of Contractor to comply in all material respects with the terms of this Article, then Contractor shall be deemed to have waived any claim relating to such Excusable Event and Contractor shall not be entitled to an extension of time or an increase in the Contract Price on account thereof. Upon satisfaction by Contractor of the terms and conditions of this Article, Owner and Contractor shall exercise good faith efforts to agree on the extent to which the Work has been delayed on account of any such Excusable Event. Once the Parties have mutually agreed as to the extent of such delay, they shall enter into a Change Order reflecting their agreement as to the equitable adjustment in the Milestone Schedule, including the Guaranteed Substantial Completion Date and/or Contract Price. If the Parties are unable to agree upon an equitable adjustment in the Milestone Schedule, including the Guaranteed Substantial Completion Date and/or Contract Price, then such matter shall be resolved in accordance with Article 18.