Common use of IFA Review and Comment Clause in Contracts

IFA Review and Comment. Whenever the PPA Documents indicate that a Submittal or other matter (other than a Hold Point) is subject to IFA’s review, comment, review and comment, disapproval or similar action not entailing a prior approval, including those identified as Witness Points in Technical Provision Section 2.2, and IFA delivers no comments, exceptions, objections, rejections or disapprovals within the applicable time period under Section 3.2.2, then Design-Build Contractor may proceed thereafter at its election and risk, without prejudice to IFA’s rights to later object or disapprove on any of the grounds set forth in Section 3.3. 8.1. No such failure or delay by IFA in delivering comments, exceptions, objections, rejections or disapprovals within the applicable time period under Section 3.2.2 shall constitute an IFA-Caused Delay, IFA-Directed Change or other basis for any Claim. When used in the PPA Documents, the phrase "completion of the review and comment process" or similar terminology means either (a) IFA has reviewed, provided comments, exceptions, objections, rejections or disapprovals, and all the same have been resolved, or (b) the applicable time period has passed without IFA providing any comments, exceptions, objections, rejections or disapprovals.

Appears in 2 contracts

Samples: Public Private Agreement, Public Private Agreement

AutoNDA by SimpleDocs

IFA Review and Comment. Whenever the PPA Documents indicate that a Submittal or other matter (other than a Hold Point) is subject to IFA’s review, comment, review and comment, disapproval or similar action not entailing a prior approval, including those identified as Witness Points in Technical Provision Section 2.2, and IFA delivers no comments, exceptions, objections, rejections or disapprovals within the applicable time period under Section 3.2.2, then Design-Build Contractor may proceed thereafter at its election and risk, without prejudice to IFA’s rights to later object or disapprove on any of the grounds set forth in Section 3.3. 8.1. No such failure or delay by IFA in delivering comments, exceptions, objections, rejections or disapprovals within the applicable time period under Section 3.2.2 shall constitute an IFA-Caused Delay, IFA-Directed Change or other basis for any Claim. When used in the PPA Documents, the phrase "completion of the review and comment process" or similar terminology means either (a) IFA has reviewed, provided comments, exceptions, objections, rejections or disapprovals, and all the same have been resolved, or (b) the applicable time period has passed without IFA providing any comments, exceptions, objections, rejections or disapprovals.

Appears in 1 contract

Samples: Public Private Agreement

AutoNDA by SimpleDocs

IFA Review and Comment. Whenever the PPA Documents indicate that a Submittal or other matter (other than a Hold Point) is subject to IFA’s review, comment, review and comment, disapproval or similar action not entailing a prior approval, including those identified as Witness Points in Technical Provision Section 2.2, approval and IFA delivers no comments, exceptions, objections, rejections or disapprovals within the applicable time period under Section 3.2.23.1.2, then Design-Build Contractor Developer may proceed thereafter at its election and risk, without prejudice to IFA’s rights to later object or disapprove on any of the grounds set forth in accordance with Section 3.33.1. 8.17.1. No such failure or delay by IFA in delivering comments, exceptions, objections, rejections or disapprovals within the applicable time period under Section 3.2.2 3.1.2 shall constitute an IFA-Caused Delay, IFA-Directed Change IFA Change, Relief Event or other basis for any Claim. When used in the PPA Documents, the phrase "completion of the review and comment process" or similar terminology means either (a) IFA has reviewed, provided comments, exceptions, objections, rejections or disapprovals, and all the same have been resolved, or (b) the applicable time period has passed without IFA providing any comments, exceptions, objections, rejections or disapprovals.

Appears in 1 contract

Samples: Public Private Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!