DELAYED COMPLETION. 7.1 If completion does not take place on the Completion Date in accordance with this contract due to any reason except the Seller’s default, the Buyer shall pay to the Seller on actual completion the sum of £150.00 in respect of the reasonable costs of the Seller’s Conveyancer of preparing and serving any notice to complete lawfully served under Condition 6.8 together with any VAT properly chargeable on those costs
7.2 If completion does not take place on the Completion Date in accordance with this contract due to the default of the Seller, the Seller shall pay or allow to the Buyer on actual completion the sum of £150.00 in respect of the costs of the Buyer’s Conveyancer of preparing and serving any notice to complete lawfully served under Condition 6.8 together with any VAT properly chargeable on those costs.
7.3 The provisions of this clause 7 are without prejudice to any other rights of the parties in relation to any delay in completion.
DELAYED COMPLETION. If the Date of Substantial Completion is after the Target Occupancy Date (as may be extended as provided in Section 2.01(n)) then Tenant shall be entitled, as its sole and exclusive remedies (i) one
(1) additional day of free Rental from the Target Occupancy Date (as may be extended as provided in Section 2.01(n)) until the Possession Date, and (ii) if Substantial Completion has not occurred by one hundred twenty (120) days after Target Occupancy Date (as may be extended as provided in Section 2.01(n)) Tenant shall have the right to complete the Tenant Improvements on Landlord’s behalf and at Landlord’s cost, including an oversight fee equal to 15% of the cost incurred by Tenant in completing the Tenant Improvements.
DELAYED COMPLETION. 23.1. If, through no fault of Contractor, final completion of the Work is significantly delayed and if Project Manager so confirms, the City shall, upon receipt of Contractor's final Application for Payment and recommendation of Project Manager, and without terminating the Agreement, make payment of the balance due for that portion of the Work fully completed and accepted. If the remaining balance to be held by the City for Work not fully completed or corrected is less than the retainage stipulated in the Agreement, and if Bonds have been furnished as required by the Contract Documents, the written consent of the surety to the payment of the balance due for that portion of the Work fully completed and accepted shall be submitted by Contractor to Project Manager with the Application for such payment. Such payment shall be made under the terms and conditions governing final payment, except that it shall not constitute a waiver of claims.
DELAYED COMPLETION. (a) If at Completion the Joint Venture Seller is not in a position to transfer the Joint Venture Interest or the Joint Venture Contracts to the Joint Venture Purchaser because the consents and agreements referred to in Clause 14.1(b)) have not been obtained, the transfer of the Joint Venture Interest, the Joint Venture Contracts and the Joint Venture IP shall be deferred, whereupon the provisions of Clauses 14.2 and 14.3 (Exclusion of Joint Venture Interest) shall apply in relation to the Joint Venture Interest, the Joint Venture Contracts and the Joint Venture IP and the completion of their transfer (Delayed Completion) and Completion shall take place in relation to the Business Assets and the Shares.
(b) Delayed Completion shall take place on such date as may be agreed between ICI and the Purchaser following notification by the Purchaser to ICI that the consents and agreements referred to in Clause 14.1(b) have been obtained (and, in any event, within 10 Business Days thereafter (the Delayed Completion Date), Back to Contents
(c) On the Delayed Completion Date, completion of the transfer of the Joint Venture Interest, the Joint Venture Contracts and the Joint Venture IP shall take place in accordance with Clause 14.2 and Schedule 3 (Completion Arrangements), insofar as they relate to the Joint Venture Interest, which shall apply to such completion as if the Delayed Completion Date were the Completion Date but, for the avoidance of doubt, none of the Initial Payment attributable to the Joint Venture Interest shall be payable on the Delayed Completion Date.
(d) ICI shall, subject to Clause 14.3 (Exclusion of Joint Venture Interest), remain subject to a continuing obligation to transfer the Joint Venture Interest, the Joint Venture Contracts and the Joint Venture IP and the provisions of Clause 8 (Conduct until Completion) shall continue to apply in relation to the Joint Venture Interest, the Joint Venture Contracts and the Joint Venture IP until such time as Delayed Completion shall have taken place, or the transfer obligations shall have terminated in accordance with Clause 14.3 (Exclusion of Joint Venture Interest).
DELAYED COMPLETION. 1.1 The Parties acknowledge that not all of the Business Assets may be capable of being transferred to the JV Companies at Completion.
1.2 Provided the Conditions Precedent have been fulfilled and the Business Assets in the Significant Jurisdictions are capable of being transferred to the JV Companies then Completion may occur notwithstanding that the Business Assets in the remaining jurisdictions may not be transferred at Completion
1.3 The Parties shall use all reasonable endeavours to procure that any Business Assets not transferred at Completion are transferred to the relevant JV Company as soon as practicable following Completion and in any event prior to the NXP Longstop Date (“Delayed Completion”).
1.4 In respect of any Business Assets subject to Delayed Completion:
(A) Clauses 10.1.2(A)(i) or 10.1.2(B)(i) shall not apply at Completion but shall apply at Delayed Completion;
(B) Clause 6 shall continue to apply to the Business Assets pending Delayed Completion; and
(C) so far as lawful, the Business Assets shall be held on trust for the relevant JV Company.
DELAYED COMPLETION. 12.1 If completion does not take place on the Completion Date in accordance with this contract due to any reason except the Seller's default, the Buyer shall pay to the Seller on actual completion:
(a) the sum of £250 plus VAT in respect of the reasonable costs of the Seller's Conveyancer of preparing and serving any notice to complete lawfully served under Condition 6.8;
(b) any additional removal, storage and delivery costs reasonably incurred as a result of the delay;
(c) the reasonable costs of temporary accommodation for the Seller and his household
12.2 The provisions of this clause 12 are without prejudice to any other rights of the parties in relation to any delay in completion.
DELAYED COMPLETION. If the Additional Premises is not Substantially Completed on or before the Scheduled Additional Premises Commencement Date, then except as otherwise provided in Section 6 hereof with respect to delays in Substantial Completion of the Additional Premises caused by Tenant Delays, (a) as Tenant’s sole and exclusive remedy, the obligation of Tenant to pay Rent shall not commence until the date the Additional Premises is Substantially Completed (or such earlier date as Tenant occupies the Additional Premises), and (b) Landlord shall not be liable to Tenant for any loss, cost or damage arising from such delay.
DELAYED COMPLETION. (a) Landlord shall diligently attempt to cause Landlord’s Work to be Substantially Completed on or before the Target Completion Date. Notwithstanding anything to the contrary, if, but only to the extent that, any Tenant’s Delay causes a delay in the Landlord’s Work, then the Target Completion Date and the Substantial Completion Date shall be deemed to be the date(s) when the Target Completion Date and the Substantial Completion Date, as the case may be, would have occurred but for such Tenant’s Delay. Any delay claimed by Landlord shall be substantiated in writing and accompanied by a statement as to the number of days of Tenant’s Delay, which notice of delay shall be delivered within five (5) Business Days after the extent of the Tenant’s Delay is reasonably ascertainable, If Landlord and Tenant dispute the existence of a Tenant’s Delay or the number of days resulting from a Tenant’s Delay, such dispute shall be resolved by the Arbitrator.
(b) If Landlord fails to Substantially Complete Landlord’s Work (i) on or prior to the sixtieth (60th) day after the Target Completion Date, then Tenant may (but shall not be obligated to) exercise Tenant’s self-help rights in accordance with the provisions of Section 19.2 to perform Landlord’s Work for Landlord’s account, or (ii) on or prior to the one hundred twentieth (120th) day after the Target Completion Date, then Tenant may (but shall not be obligated to) terminate this Lease by notice to Landlord.
DELAYED COMPLETION. 12.1 If completion does not take place on the Completion Date in accordance with this contract due to any reason except the Seller's default, the Buyer shall pay to the Seller on actual completion:
(a) the sum of no less than £250 plus VAT in respect of the reasonable costs of the Seller's Conveyancer of preparing and serving any notice to complete lawfully served under Condition 6.8;
(b) any reasonable or additional expenses incurred by the Sellers and occasioned by the Buyer's inability to complete; and
(c) the Seller's solicitors' reasonable costs and disbursements in connection with the recovery of any of the above sums.
12.2 The provisions of this clause 12 are without prejudice to any other rights of the parties in relation to any delay in completion.
DELAYED COMPLETION. 36.1 If the Purchaser does not complete this contract on or before the date for completion, then on completion the Purchaser must pay to the Vendor interest on the balance of the price from but excluding the date for completion to the date of actual completion at the rate of 8% per annum and adjustments are to be made as at the earliest of the date for completion, the date possession is given to the Purchaser and the date of actual completion.
36.2 Payment of interest in accordance with this clause is an essential term of this contract. The Purchaser need not pay interest under this clause for any period that the Purchaser's failure to complete is caused solely by the Vendor.
36.3 In the event that completion does not take place at the scheduled time on the date for completion, or does not take place at a re-arranged time on that same day, then, in addition to any interest payable pursuant to clause 36.1, the Purchaser must pay to the Vendor by way of an adjustment on completion an additional amount of $220.00 to compensate the Vendor for the additional legal costs and other expenses incurred by the Vendor as a consequence of such delay.
