Common use of Extending Dates – Due to Unavoidable Delay Clause in Contracts

Extending Dates – Due to Unavoidable Delay. If Unavoidable Delay occurs, the Vendor may extend Critical Dates by no more than the length of the Unavoidable Delay Period, without the approval of the Purchaser and without the requirement to pay delayed closing compensation in connection with the Unavoidable Delay, provided the requirements of this section are met.