Common use of ENFORCED DELAY IN PERFORMANCE Clause in Contracts

ENFORCED DELAY IN PERFORMANCE. Neither the Seller nor the Buyer, nor any successor in interest, shall be considered in breach or default of its obligations with respect to the preparation of the Property for development or commencement and completion of construction, in the event of enforced delay in the performance of such obligations due to unforeseeable causes beyond its control and without its fault or negligence. The time for the performance of the obligations shall be extended for the period of the enforced delay, as determined by the Seller, if the party seeking the extension shall request it in writing of the other party within ten (10) days after the beginning of the enforced delay.

ENFORCED DELAY IN PERFORMANCE. Neither the Seller nor the Buyer, nor any successor in interest, shall be considered in breach or default of its obligations with respect to the preparation of the Property for development the Project or commencement and completion of constructionthe Project, in the event of enforced delay in the performance of such obligations due to unforeseeable causes beyond its control and without its fault or negligence. The time for the performance of the obligations shall be extended for the period of the enforced delay, as determined by the Seller, if the party seeking the extension shall request it in writing of the other party within ten (10) days after the beginning of the enforced delay.

ENFORCED DELAY IN PERFORMANCE. Neither the Seller Agency nor the BuyerRedeveloper, nor any successor in interest, shall be considered in breach or default of its obligations with respect to the preparation of the Property for development the Project or commencement and completion of constructionthe Project, in the event of enforced delay in the performance of such obligations due to unforeseeable causes beyond its control and without its fault or negligence. The time for the performance of the obligations shall be extended for the period of the enforced delay, as determined by the SellerAgency, if the party seeking the extension shall request it in writing of the other party within ten (10) days after the beginning of the enforced delay.

ENFORCED DELAY IN PERFORMANCE. Neither the Seller nor the Buyer, nor any successor in interest, shall be considered in breach or default of its obligations with respect to the preparation of the Property for development the Project or commencement and completion of constructionthe Project, in the event of enforced delay in the performance of such obligations due to unforeseeable causes beyond its control and without its fault or negligence. The time for the performance of the obligations shall be extended for the period of the enforced delay, as determined by the Seller, if the party seeking the extension shall request it in writing of the other party within ten (10) days after the beginning of the enforced delay.