Common use of Extension of the Target Date Clause in Contracts

Extension of the Target Date. 2.6.1 The Target Date is to be extended in the following circumstances and by the following periods: (a) if the Planning Application has been validated by the Local Planning Authority prior to [insert original Target Date] the Target Date will be extended to the Working Day after the Satisfactory Planning Permission has been Finally Determined; (b) if prior to [insert original Target Date] a Satisfactory Planning Permission has been granted but has not been Finally Determined, the Target Date will be extended to the Working Day after the Satisfactory Planning Permission has been Finally Determined; (c) following a Planning Refusal which occurs within six weeks prior to the Target Date, the Target Date will be extended to the date which is six weeks after the date of the Planning Refusal, subject to further extensions under paragraph (d); (d) if, before the Target Date, the Tenant makes an appeal or begins or procures the beginning of Proceedings following a Planning Refusal then: (i) if the appeal or Proceedings results in the grant of a Satisfactory Planning Permission, the Target Date will be extended to the Working Day after that Satisfactory Planning Permission is Finally Determined assuming no further Proceedings have commenced during that period; (ii) if the Appeal or Proceedings results in a Planning Refusal, the Target Date will be extended to the date six weeks after the date of that Planning Refusal, subject to further extensions under this paragraph (d); (iii) if Proceedings are begun by a third party before the Target Date, the Target Date will be extended to the date 10 Working Days after all Proceedings have been exhausted or discontinued; (iv) if, before the Target Date, a resolution is passed by the Local Planning Authority to grant Planning Permission subject to the completion of one or more Planning Agreements, the Target Date will be extended to the date will be extended to the Working Day after the Satisfactory Planning Permission has been Finally Determined weeks , provided that the Target Date may not be extended beyond the Longstop Date. 2.6.2 If the Target Date is extended under this clause 2.6, any references to the Target Date elsewhere in this Agreement are to be read as references to the Target Date as so extended.

Appears in 5 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Extension of the Target Date. 2.6.1 The Target Date is to be extended in the following circumstances and by the following periods: (a) if the Planning Application has been validated by the Local Planning Authority prior to [insert original Target Date] the Target Date will be extended to the Working Day after the Satisfactory Planning Permission has been Finally Determined; (b) if prior to [insert original Target Date] a Satisfactory Planning Permission has been granted but has not been Finally Determined, the Target Date will be extended to the Working Day after the Satisfactory Planning Permission has been Finally Determined; (c) following a Planning Refusal which occurs within six weeks prior to the Target Date, the Target Date will be extended to the date which is six weeks after the date of the Planning Refusal, subject to further extensions under paragraph (d); (d) if, before the Target Date, the Tenant makes an appeal or begins or procures the beginning of Proceedings following a Planning Refusal then: (i) if the appeal or Proceedings results in the grant of a Satisfactory Planning Permission, the Target Date will be extended to the Working Day after that Satisfactory Planning Permission is Finally Determined assuming no further Proceedings have commenced during that period; (ii) if the Appeal or Proceedings results in a Planning Refusal, the Target Date will be extended to the date six weeks after the date of that Planning Refusal, subject to further extensions under this paragraph (d); (iii) if Proceedings are begun by a third party before the Target Date, the Target Date will be extended to the date 10 Working Days after all Proceedings have been exhausted or discontinued; (iv) if, before the Target Date, a resolution is passed by the Local Planning Authority to grant Planning Permission subject to the completion of one or more Planning Agreements, the Target Date will be extended to the date will be extended to the Working Day after the Satisfactory Planning Permission has been Finally Determined weeks Determined, provided that the Target Date may not be extended beyond the Longstop DateDate . 2.6.2 If the Target Date is extended under this clause 2.6, any references to the Target Date elsewhere in this Agreement are to be read as references to the Target Date as so extended.

Appears in 4 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

Extension of the Target Date. 2.6.1 The Target Date is to be extended in the following circumstances and by the following periods: (a) if the Planning Application has been validated by the Local Planning Authority prior to [insert original Target Date] the Target Date will be extended to the Working Day after the Satisfactory Planning Permission has been Finally Determined; (b) if prior to [insert original Target Date] a Satisfactory Planning Permission has been granted but has not been Finally Determined, the Target Date will be extended to the Working Day after the Satisfactory Planning Permission has been Finally Determined; (c) following a Planning Refusal which occurs within six weeks prior to the Target Date, the Target Date will be extended to the date which is six weeks after the date of the Planning Refusal, subject to further extensions under paragraph (d); (d) if, before the Target Date, the Tenant makes an appeal or begins or procures the beginning of Proceedings following a Planning Refusal then: (i) if the appeal or Proceedings results in the grant of a Satisfactory Planning Permission, the Target Date will be extended to the Working Day after that Satisfactory Planning Permission is Finally Determined assuming no further Proceedings have commenced during that period; (ii) if the Appeal or Proceedings results in a Planning Refusal, the Target Date will be extended to the date six weeks after the date of that Planning Refusal, subject to further extensions under this paragraph (d); (iii) if Proceedings are begun by a third party before the Target Date, the Target Date will be extended to the date 10 Working Days after all Proceedings have been exhausted or discontinued; (iv) if, before the Target Date, a resolution is passed by the Local Planning Authority to grant Planning Permission subject to the completion of one or more Planning Agreements, the Target Date will be extended to the date will be extended to the Working Day after the date the Satisfactory Planning Permission has been Finally Determined weeks Determined, provided that the Target Date may not be extended beyond the Longstop Date. 2.6.2 If the Target Date is extended under this clause 2.6, any references to the Target Date elsewhere in this Agreement are to be read as references to the Target Date as so extended.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

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Extension of the Target Date. 2.6.1 The Target Date is to be extended in the following circumstances and by the following periods: (a) if the Planning Application has been validated by the Local Planning Authority prior to [insert original Target Date] the Target Date will be extended to the Working Day after the Satisfactory Planning Permission has been Finally Determined; (b) if prior to [insert original Target Date] a Satisfactory Planning Permission has been granted but has not been Finally Determined, the Target Date will be extended to the Working Day after the Satisfactory Planning Permission has been Finally Determined; (c) following a Planning Refusal which occurs within six weeks prior to the Target Date, the Target Date will be extended to the date which is six weeks after the date of the Planning Refusal, subject to further extensions under paragraph (d); (d) if, before the Target Date, the Tenant makes an appeal or begins or procures the beginning of Proceedings following a Planning Refusal then: (i) if the appeal or Proceedings results in the grant of a Satisfactory Planning Permission, the Target Date will be extended to the Working Day after that Satisfactory Planning Permission is Finally Determined assuming no further Proceedings have commenced during that period; (ii) if the Appeal or Proceedings results in a Planning Refusal, the Target Date will be extended to the date six weeks after the date of that Planning Refusal, subject to further extensions under this paragraph (d); (iii) if Proceedings are begun by a third party before the Target Date, the Target Date will be extended to the date 10 Working Days after all Proceedings have been exhausted or discontinued; (iv) if, before the Target Date, a resolution is passed by the Local Planning Authority to grant Planning Permission subject to the completion of one or more Planning Agreements, the Target Date will be extended to the date will be extended to the Working Day after the Satisfactory Planning Permission has been Finally Determined weeks , provided that the Target Date may not be extended beyond the Longstop Date., 2.6.2 If the Target Date is extended under this clause 2.6, any references to the Target Date elsewhere in this Agreement are to be read as references to the Target Date as so extended.

Appears in 1 contract

Samples: Lease Agreement

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