Common use of EXTENDED SUSPENSION Clause in Contracts

EXTENDED SUSPENSION. In the event that the duration of the suspensions by Company exceed ninety (90) Days in the aggregate, then Contractor may give notice to the Company’s Representative requesting permission to proceed. If permission is not granted within twenty (20) Days of the delivery of such notice, Contractor may terminate its obligations under the Contract by so notifying Company in writing, and Contractor shall be entitled to payments as described in Section 19.2.2.

Appears in 4 contracts

Samples: Construction Contract (Us Geothermal Inc), Construction Contract (Us Geothermal Inc), Engineering, Procurement and Construction Contract (Us Geothermal Inc)

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EXTENDED SUSPENSION. In the event that the duration of the suspensions by Company exceed ninety (90) Days in the aggregate, then Contractor may give notice to the Company’s 's Representative requesting permission to proceed. If permission is not granted within twenty (20) Days of the delivery of such notice, Contractor may terminate its obligations under the Contract by so notifying Company in writing, and Contractor shall be entitled to payments as described in Section 19.2.2.

Appears in 1 contract

Samples: Binding Letter of Intent for Bridge Financing and Epc Agreement (Us Geothermal Inc)

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EXTENDED SUSPENSION. In the event that the duration of the suspensions by Company exceed ninety (90) Days in the aggregate, then Contractor may give notice to the Company’s 's Representative and Collateral Agent requesting permission to proceed. If permission is not granted by Company or Collateral Agent within twenty (20) Days of the delivery of such notice, Contractor may terminate its obligations under the this Contract by so notifying Company in writing, and Contractor shall be entitled to payments as described in Section 19.2.2.

Appears in 1 contract

Samples: Engineering, Procurement and Construction Contract (Brady Power Partners)

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