Failure to Issue a Maintenance NTP Clause Samples

The 'Failure to Issue a Maintenance NTP' clause defines the consequences and procedures if the party responsible does not provide a Notice to Proceed (NTP) for maintenance activities as required. Typically, this clause outlines the timeframe within which the NTP must be issued and specifies what happens if the deadline is missed, such as adjustments to project timelines, compensation, or suspension of certain obligations. Its core function is to ensure accountability and minimize delays by clearly addressing the risks and remedies associated with a failure to authorize maintenance work on time.
Failure to Issue a Maintenance NTP. TxDOT shall have no additional liability to any DB Contractor-Related Entity in the event that TxDOT elects, in its discretion, not to issue any Maintenance NTP under this CMC. TxDOT’s election not to issue any Maintenance NTP shall not be treated as a Termination for Convenience.
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Related to Failure to Issue a Maintenance NTP

  • Nasdaq Maintenance Until the consummation of a Business Combination, the Company will use commercially reasonable efforts to maintain the listing by Nasdaq of the Units and the Common Stock and Warrants included within the Units.

  • Maintenance of Liquidity Seller shall ensure that it has cash and Cash Equivalents (excluding Restricted Cash or cash pledged to Persons other than Buyer), in an amount not less than $40,000,000.

  • REPAIRS; MAINTENANCE The Owner hereby gives power to the Agent to supervise repairs, improvements, alterations, and decorations to the Property as well as purchase and pay bills for services and supplies. The Agent shall obtain prior approval of the Owner for all expenditures over $ for any single item. Prior approval for lesser amounts shall not be required for monthly or recurring operating charges or if emergency expenditures over the maximum are, in the Agent’s opinion, needed to protect the Property from damage, prevent injury to persons, avoid suspension of necessary services, avoid penalties or fines, or suspension of services to tenants required by a lease or rental agreement or by law, including, but not limited to, maintaining the Property in a condition fit for human habitation as required by applicable law.

  • Road Maintenance Purchaser shall maintain roads, commensurate with Purchaser’s use, in accor- dance with Road Maintenance Requirements in C5.31 and the Road Maintenance Specifications. Performance of road maintenance work by Purchaser may be required prior to, during, or after each period of use. The timing of work accomplishment shall be based on Purchaser’s Op- erating Schedule under B6.31.

  • Failure to Maintain Financial Viability The System Agency may terminate the Grant Agreement if the System Agency, in its sole discretion, determines that Grantee no longer maintains the financial viability required to complete the services and deliverables, or otherwise fully perform its responsibilities under the Grant Agreement.