Delay in Commencement of Project Sample Clauses

Delay in Commencement of Project. The Lessee shall commence the development/construction works for which the Project Land has been granted, by obtaining development and/ or building permission as the case may be, within the time of Twelve months from the date of execution of this Agreement Where the Lessee does not obtain the permission of development and/or building construction as the case may be within the time specified by the Authority, the extension in time to commence the development/construction may be granted by the Chief Executive Officer, NRDA, on payment of surcharge by the Lessee at the following rates: Block of Period of Extension Amount of surcharge as % of accepted land Premium First Twelve Months or parts thereof 20% Second Twelve Months or parts thereof after the first extension of time 25% Third Twelve Months or parts thereof after the second extension of time 30% Fourth Twelve Months or parts thereof after the third extension of time 35% Fifth Twelve Months or parts thereof after the fourth extension of time 40% Provided that the extension in time shall be granted for Twelve months or its part only at one time and such extension shall be granted maximum for five years.
Sample 1See All (5)
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Delay in Commencement of Project i. The Licensee shall develop the project as per project development milestone set out in Article 2.8.
Sample 1Sample 2Sample 3See All (4)
Delay in Commencement of Project. Where the lessee does not obtain permission of development and/or building construction and does not commence the construction as set out in this Agreement, the extension in time to commence and complete the development and/or construction may be granted by the Chief Executive Officer, subject to payment of surcharge by the lessee as per the provision of the ''Chhattisgarh Xxxxxxx Kshetra (Xxxxx Xxxxxxxx ka Vyayan) Niyam, 2008" which is subject to revision by Authority from time to time. The present provision is as follows: — Block of Time Extension Period of Extension Amount of surcharge as Percentage of Land Premium First Twelve Months or parts thereof 20% Second Twelve Months or parts thereof after the first extension of time 25% Third Twelve Months or parts thereof after the second extension of time 30% Fourth Twelve Months or parts thereof after the third extension of time 35% Fifth Twelve Months or parts thereof after the fourth extension of time 40% Provided that the extension in time shall be granted for Twelve months or its part only at one time and such extension shall be granted maximum for five years, failure to commence the development and/or construction even after the extension provided by Authority under this clause shall lead to termination of Lease Agreement.
Sample 1Sample 2See All (4)
Delay in Commencement of Project. Where the Lessee does not obtain the permission for development and/or construction of building within time specified by the authority in the tender documents, the extension in time to obtain permission for development and/or construction of building, as the case may be, shall be granted by the Chief Executive Officer on payment of surcharge specified in the table below by the Lessee subject to condition that the construction shall be completed within the time specified in the Tender documents — Block of time extension Period of Extension Amount of additional surcharge as percent of the premium First Twelve months or part thereof Two Second Twelve months or part thereof after the First extension of time, as the case maybe, if it is within the time limit of completion of construction as per agreement Three Third Twelve months or part thereof after the Second extension of time, as the case may be, if it is within the time limit of completion of construction as per agreement Five
Sample 1
Delay in Commencement of Project. The Lessee shall commence the development and or construction works for which the land has been granted, by obtaining development and/ or building permission as the case may be, within the time of 1 year from the date of execution of this Agreement. Where the lessee does not obtain the permission of development and/or building construction as the case may be within the time specified by the Authority, the extension in time to commence the development and/or construction may be granted by the Chief Executive Officer, Xxxx Raipur Xxxx Nagar Vikas Pradhikaran, on payment of surcharge by the lessee at the following rates: Block of Time Extension Period of Extension Amount of surcharge as Percentage of the Reserve Land Premium Prevailing at that time shall be levied First Twelve months or part thereof Twenty Second Twelve months or part thereof after the First extension of time Twenty Five Third Twelve months or part thereof after the Second extension of time Thirty Fourth Twelve months or part thereof after the Third extension of time Thirty Five Fifth Twelve months or part thereof after the Fourth extension of time Forty Provided that the extension in time shall be granted for Twelve months or its part only at one time and such extension shall be granted maximum for five years.
Sample 1
Delay in Commencement of Project. The lessee shall commence the development and/or construction works for which the land has been granted, by obtaining development and/or building permission as the case may be and all other permissions/clearances/licences required from the competent Authorities within the period of Six months from the date of issuance of NoA. Where the lessee does not obtain the permission for development and/or construction of building within time specified by the authority in this Agreement, the extension in time to obtain permission for development and/or construction of building, as the case may be, shall be granted by the Chief Executive Officer on payment of surcharge specified in the table below by the lessee subject to condition that the construction shall be completed within the time specified in this agreement – Block of time extension Period of Extension Amount of additional surcharge as percent of the premium First Twelve months or part thereof Two Second Twelve months or part thereof after the First extension of time, as the case maybe, if it is within the time limit of completion of construction as per agreement Three Third Twelve months or part thereof after the Second extension of time, as the case may be, if it is within the time limit of completion of construction as per agreement Five
Sample 1
Delay in Commencement of Project a. The lessee shall commence and complete the development and/or construction works, as the case may be, for which the land has been granted, by obtaining development and/or construction permission, as the case may be, within the time specified in this Agreement..
Sample 1
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Delay in Commencement of Project. 12.1 If the Research Project does not commence within three (3) months of the award without any valid justification for not commencing, which justification must be accepted in writing by TRC, TRC may withdraw the offer of the award and cancel the Research Project.
Sample 1
Delay in Commencement of Project. The lessee shall commence and complete the development and or construction works for which the land has been granted, by obtaining development and/ or building permission as the case may be, within the time specified in the NIT. In the event of failure in adhering to anytime line extension and penalty etc., will be applicable as per Chhattisgarh xxxxxxx Kshetra (Xxxxx Sampti xx Xxxxx) Niyam, 2008.
Sample 1

Related to Delay in Commencement of Project

  • Commencement of Negotiations Within five (5) days of satisfaction of the public notice requirement, and not later than forty-five (45) days following submission of the proposal, negotiations shall commence at a mutually acceptable time and place for the purpose of considering changes in this Agreement.

  • Construction Commencement The Connecting Transmission Owner shall commence construction of the Connecting Transmission Owner’s Attachment Facilities and System Upgrade Facilities and System Deliverability Upgrades for which it is responsible as soon as practicable after the following additional conditions are satisfied:

  • COMMENCEMENT AND COMPLETION OF THE PROJECT Section 3.01 The Project

  • Service Commencement 3.1 The Engineer may reuse an existing socket and line routing to fulfil your order; if this occurs your appointment will be cancelled and no engineer will attend site. If you want to force an engineer to attend site, then you are required to tick the box on the order form (up to 2 hours of Time Related Charges may apply in addition to the activation fee):

  • Completion of Project The Borrower shall carry out the Project in accordance with the Technical Description as may be modified from time to time with the approval of the Bank, and complete it by the final date specified therein.

  • Project Commencement The Grantee shall begin the grant-funded project <<on or before insert date>> <<within 90 days of the original start date of the grant term or grant execution date, whichever is later,>>, unless otherwise approved by System Agency. If project commencement is delayed, the Grantee must submit in writing to the assigned contract manager, the steps taken to initiate the project, the reasons for the delay, and the expected start date. System Agency may require Grantee to take immediate remedial or corrective action in response to any delay.

  • Commencement and Completion The Work shall commence on _______________, 20__ and shall be complete in accordance with this Agreement without delay on ______________, 20__. The term “day”, used throughout this Agreement, refers to calendar days. Contractor shall not be entitled to any additional compensation for any Permitted Delays. If this Agreement is not signed and returned to the Owner before any work commences, this Agreement will be considered as accepted as presented to the Contractor.

  • Application and Commencement 3.1. After the Client fills in and submits the Account Opening Application Form together with all the required identification documentation required by the Company for its own internal checks, the Company will send him a notice informing him whether he has been accepted as a Client of the Company or not. It is understood that the Company is not to be required (and may be unable under Applicable Regulations) to accept a person as its Client until all documentation it requires has been received by the Company, properly and fully completed by such person and all internal Company checks (including without limitation anti-money laundering checks, appropriateness or suitability tests (as the case may be) have been satisfied. It is further understood that the Company reserves the right to impose additional due diligence requirements to accept Clients residing in certain countries.

  • Commencement, Prosecution, and Completion of Work The Contractor will be required (a) to commence the Work under this Contract on the applicable Proceed Order Date, (b) to prosecute the Work with faithfulness and energy (c) to install the various parts of the work with equal steps shown on the Overall Project Schedule and at the same rate (or better) shown on the Overall Project Schedule and (d) to complete the Work within the Contract Time, as adjusted. Commencement of the Work shall mean actual physical work on the Site. Unless otherwise agreed, and subject to Change Orders, Material Completion of the Project must be achieved on or before the date established as the Material Completion and Occupancy Date under the Schedule.

  • Time for Commencement and Completion The term (Initial Term) of this Agreement will begin on the Effective Date and expire on ______________________, 20___. University will have the option to renew this Agreement for _______ (___) additional ______ (____) year terms (each a Renewal Term). The Initial Term and each Renewal Term are collectively referred to as the Term.

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