Common use of DELAY AND SUSPENSION Clause in Contracts

DELAY AND SUSPENSION. 2.1 You must take all reasonable steps to minimise delay in completion of the Project. 2.2 If You become aware that You will be delayed in progressing or completing the Project in accordance with this Funding Agreement and the Project Work Plan, You must immediately notify Us in writing of the cause, nature and estimated length of the delay. You must detail in the notice the steps You will take to contain the delay. 2.3 On receipt of a notice of delay, We may at Our option: (a) notify You in writing of a proposed period of extension to complete the Project and related proposed variations to this Funding Agreement; (b) notify You in writing of a proposed reduction in the scope of the Project and any proposed reduction to the Funds for You to complete the reduced Project and related proposed variations to this Funding Agreement; (c) notify You in writing of a proposed period of suspension of the Project and related proposed variations to this Funding Agreement; (d) terminate this Funding Agreement under clause 20 or take such other steps as are available under this Funding Agreement. 2.4 You acknowledge that in the event that this Funding Agreement is terminated then We may engage a third party to complete the Project. 2.5 If You agree with Us to reduce or suspend the Project pursuant to clause 2.3(b) or 2.3(c), We will not be liable to pay compensation for loss of any benefits that would have been conferred on You had the suspension not occurred.

DELAY AND SUSPENSION. 2.1 You must take all reasonable steps to minimise delay in completion of the Project. 2.2 If You become aware that You will be delayed in progressing or completing the Project in accordance with this Funding Grant Agreement and the Project Work Plan, You must immediately notify Us in writing of the cause, nature and estimated length of the delay. You must detail in the notice the steps You will take to contain the delay. 2.3 On receipt of a notice of delay, We may at Our option: (a) notify You in writing of a proposed period of extension to complete the Project and related proposed variations to this Funding Grant Agreement; (b) notify You in writing of a proposed reduction in the scope of the Project and any proposed reduction to the Grant Funds for You to complete the reduced Project and related proposed variations to this Funding Grant Agreement; (c) notify You in writing of a proposed period of suspension of the Project and related proposed variations to this Funding Grant Agreement; (d) terminate this Funding Grant Agreement under clause 20 or take such other steps as are available under this Funding Grant Agreement. 2.4 You acknowledge that in the event that this Funding Grant Agreement is terminated then We may engage a third party to complete the Project. 2.5 If You agree with Us to reduce or suspend the Project pursuant to clause 2.3(b) or 2.3(c), We will not be liable to pay compensation for loss of any benefits that would have been conferred on You had the suspension not occurred.

DELAY AND SUSPENSION. 2.1 23.1 You must take all reasonable steps to minimise delay in completion of the Project. 2.2 23.2 If You become aware that You will be delayed in progressing or completing the Project in accordance with this Funding Agreement and the Project Work Plan, You must immediately notify Us in writing of the cause, nature and estimated length of the delay. You must detail in the notice the steps You will take to contain the delay. 2.3 23.3 On receipt of a notice of delay, We may at Our option: (a) notify You in writing of a proposed period of extension to complete the Project and related proposed variations to this Funding Agreement; (b) notify You in writing of a proposed reduction in the scope of the Project and any proposed reduction to the Funds for You to complete the reduced Project and related proposed variations to this Funding Agreement; (c) notify You in writing of a proposed period of suspension of the Project and related proposed variations to this Funding Agreement; (d) terminate this Funding Agreement under clause 20 16 or take such other steps as are available under this Funding Agreement. 2.4 23.4 You acknowledge that in the event that this Funding Agreement is terminated then We may engage a third party to complete the Project. 2.5 23.5 If You agree with Us to reduce or suspend the Project pursuant to clause 2.3(b23.3(b) or 2.3(c(c), We will not be liable to pay compensation for loss of any benefits that would have been conferred on You had the suspension not occurred.

DELAY AND SUSPENSION. 2.1 23.1 You must take all reasonable steps to minimise delay in completion of the Project. 2.2 23.2 If You become aware that You will be delayed in progressing or completing the Project in accordance with this Funding Agreement and the Project Work PlanAgreement, You must immediately notify Us in writing of the cause, nature and estimated length of the delay. You must are to detail in the notice the steps You will take to contain the delay. 2.3 23.3 On receipt of a notice of delay, We may at Our option: (a) notify You in writing of a proposed period of extension to complete the Project and related proposed variations to vary this Funding AgreementAgreement accordingly; (b) notify You in writing of a proposed reduction in the scope of the Project and any proposed reduction adjustment to the Funds for You to complete the reduced Project and related proposed variations to vary this Funding AgreementAgreement accordingly; (c) notify You in writing of a proposed period of suspension of the Project and related proposed variations to vary this Funding AgreementAgreement accordingly; (d) terminate this Funding Agreement under clause 20 Clause 15 or take such other steps as are available under this Funding Agreement. 2.4 23.4 You acknowledge that in the event that this Funding Agreement is terminated then We may engage a third party to complete the Project. 2.5 If You agree with Us to reduce or 23.5 Where We suspend the Project pursuant to clause 2.3(b) or 2.3(c)sub-Clause 22.3, We will not be liable to pay compensation for loss of any benefits that would have been conferred on You had the suspension not occurred.

DELAY AND SUSPENSION. 2.1 23.1 You must take all reasonable steps to minimise delay in completion of the Project. 2.2 23.2 If You become aware that You will be delayed in progressing or completing the Project in accordance with this Funding Agreement and the Project Work PlanAgreement, You must immediately notify Us in writing of the cause, nature and estimated length of the delay. You must are to detail in the notice the steps You will take to contain the delay. 2.3 23.3 On receipt of a notice of delay, We may at Our option: (a) notify You in writing of a proposed period of extension to complete the Project and related proposed variations to vary this Funding AgreementAgreement accordingly; (b) notify You in writing of a proposed reduction in the scope of the Project and any proposed reduction adjustment to the Funds for You to complete the reduced Project and related proposed variations to vary this Funding AgreementAgreement accordingly; (c) notify You in writing of a proposed period of suspension of the Project and related proposed variations to vary this Funding AgreementAgreement accordingly; (d) terminate this Funding Agreement under clause 20 16 or take such other steps as are available under this Funding Agreement. 2.4 23.4 You acknowledge that in the event that this Funding Agreement is terminated then We may engage a third party to complete the Project. 2.5 If You agree with Us to reduce or 23.5 Where We suspend the Project pursuant to clause 2.3(b) or 2.3(c)subclause 23.3, We will not be liable to pay compensation for loss of any benefits that would have been conferred on You had the suspension not occurred.