Delay in Completion. Policy shall cover business income and extra expense (loss of rental income and/or gross earnings including concession and/or merchandise revenue; soft costs such as legal/accounting fees, design professional fees, insurance premiums for extending or renewing coverage, general overhead, etc.) in the event direct physical loss or damage to the covered project results in delay. Limit of University’s coverage under the Policy shall be $## ##. Coverage must be expressly
Delay in Completion. If there shall be a delay in substantial completion of the Tenant Improvements or the issuance of a Certificate of Occupancy, or other approval to occupy the Building and Premises, as a result of:
(1) Tenant’s failure to approve any item or perform any other obligation within five (5) business days after receipt of notice from Landlord;
(2) Changes in materials, finishes or installations other than those readily available, if requested by Tenant and the effect of which Landlord has notified Tenant as provided hereinabove and/or failure of Tenant to approve substitute materials, finishes or installations upon notice from Landlord that the same are unavailable within the timeframes required by the Work Schedule;
(3) Deviation from the Preliminary Plans or Tenant Improvement Plans, if requested by Tenant and the effect of which Landlord has notified Tenant as provided hereinabove;
(4) Tenant’s material interference with Landlord’s construction of the Tenant Improvements during Tenant’s work within the Premises (whether such work is performed by Tenant or its contractor or by Landlord or its contractor on Tenant’s behalf) after Landlord has notified Tenant in writing of the likelihood of a delay resulting from such interference and Tenant has failed to cease such interference; or
(5) Coordination or installation of cabling and/or furniture, fixtures or equipment by Tenant or Tenant’s contractors; (each of which shall be deemed a “Tenant Delay”) then the Commencement Date of the Term of the Lease shall be accelerated by the number of days of such Tenant Delay.
Delay in Completion. If Seller fails to meet the Substantial Completion Criteria by the Substantial Completion LD Commencement Date, Buyer shall be entitled to liquidated damages under article 24 (“Liquidated Damages”).
Delay in Completion a. If the Concessionaire delays Completion of Construction beyond the Time for Completion of Construction and if in the opinion of the Independent Engineer, such delay is caused by any negligence, default, or failure of the Concessionaire, no extension of Time for Completion of Construction shall be given by the Authority. In such a case the duration of the Concession Period shall also not be adjusted and the Concessionaire shall be solely responsible for the corresponding reduction of the period for which the Ecotourism & Adventure Park is used and any reduction in revenue as a consequence thereof.
b. In case the Concessionaire fails to complete the Works within the Time for Completion of Construction, the Authority shall issue a notice to the Concessionaire to complete the construction within such reasonable time as will be specified in the notice and shall also be asked to pay damages, as specified in Article 3.
Delay in Completion. If a delay in the performance of the Work occurs (a) because Lessee does not promptly respond to Lessor or approve the Working Drawings; (b) because of any change by Lessee to the Working Drawings, (c) because of any specification by Lessee of materials or installations in addition to or other than Lessor's Building Standard materials, or (d) if Lessee, any contractor or subcontractor, or Lessee's agents otherwise delay completion of the Work, and the obtaining of a temporary or final certificate of occupancy, then, notwithstanding any provision to the contrary in this Lease, Lessee's obligation to pay rent and Additional Charges as set forth in the Lease shall commence on the Commencement Date of the Lease.
Delay in Completion a. Time is of the essence in the performance of the Work required by this Agreement. Consultant shall ensure that the each Project authorization is commenced within the time frame set forth in the applicable Formal Project authorization Document, tasks and services set forth therein are completed within the milestones set forth therein and each Project authorization is completed within the time frame set forth therein. In agreeing to the time for completion of the Work set forth in the applicable Formal Project authorization Document, Consultant has taken into consideration and made allowance for ordinary delays and hindrances incident to or which otherwise may be reasonably anticipated to affect completion of the Work or the Project. Any issues which may affect Consultant’s ability to comply with the requirements set forth in this Section 6(a) shall immediately be brought to the Port Project Manager’s attention and addressed as set forth in Section 4 of this Agreement.
b. Consultant shall not be excused from any delay in performance under this Agreement, including any Formal Project authorization Document, unless (i) approved by the Port in accordance with Sections 3 or 4 above,
Delay in Completion a. Time is of the essence in the performance of the Work required by this Agreement. Consultant shall ensure that the each Task Assignment is commenced within the time frame set forth in the applicable Formal Task Assignment Document, tasks and services set forth therein are completed within the milestones set forth therein and each Task Assignment is completed within the time frame set forth therein. In agreeing to the time for completion of the Work set forth in the applicable Formal Task Assignment Document, Consultant has taken into consideration and made allowance for ordinary delays and hindrances incident to or which otherwise may be reasonably anticipated to affect completion of the Work or the Project. Any issues which may affect Consultant’s ability to comply with the requirements set forth in this Section 6(a) shall immediately be brought to the Port Project Manager’s attention and addressed as set forth in Section 4 of this Agreement.
b. Consultant shall not be excused from any delay in performance under this Agreement, including any Formal Task Assignment Document, unless (i) approved by the Port in accordance with Sections 3 or 4 above, (ii) attributable to any damage caused by fire or other casualty through no fault, neglect, act or omission on Consultant’s part, (iii) attributable to extraordinary and unanticipated conditions arising out of war, national emergency or governmental regulations, or
Delay in Completion. Subcontractor slid not be excused from any delay in the completion of the Work to be performed under this Agreement, except for delays, if any, caused by acts of God, acts of governmental agencies or governmental bodies, acts of public utilities, earthquake, fire and labor strikes (but excluding, without limitation, the financial inability of Subcontractor to perform).
Delay in Completion. Subject to Clause 34.2, if the Contractor fails to achieve Final Performance Acceptance in accordance with the Contract within the Time for Completion, the Contractor shall pay to the Purchaser or as the Purchaser shall direct upon demand, without set-off or counterclaim the sum calculated at the rate named in the Appendix 2 as liquidated damages for such default, and not as a penalty, for every week or part of a week which shall elapse between the expiry of the Time for Completion stated in the Appendix 2 and the Commercial Operation Date. If any such due amount remains unpaid 14 days after a written demand therefore the Purchaser shall be entitled to charge interest on the amount unpaid calculated daily at the rate of 2% per annum over the Base Lending Rate. Payment of liquidated damages by the Contractor shall be made in Malaysian Ringgit and on a weekly basis not later than 7 (seven) days from the end of the week, failing which such liquidated damages shall be deducted from the Contract Price or be claimed against the Performance Bond.
Delay in Completion a If the Concessionaire delays completion beyond the Completion Period or the Time for Completion and if in the opinion of the Authority, such delay is caused by any negligence, default, or failure of the Concessionaire, no extension of the Completion Period or the Time for Completion shall be given by the Authority. In such a case the duration of the Concession Period shall also not be adjusted and the Concessionaire shall be solely responsible for the corresponding reduction of the period for which the Project Site is used and any reduction in revenue as a consequence thereof. b In case the Concessionaire fails to complete the Works within the Time for Completion, the Authority shall issue a notice to the Concessionaire to complete within such reasonable time as will be specified in the notice and shall also be asked to pay damages, as specified in Article
