Common use of No Claims for Prevention of Early Completion Clause in Contracts

No Claims for Prevention of Early Completion. Contractor waives the right to assert any claim against Owner in the event Contractor is unable to complete a Key Task before the date set forth in the applicable Initial City Schedule, regardless of the reason for Contractor's failure, including the acts or omissions of Owner; provided, however, in the event of an Excusable Delay caused directly by Owner's failure to meet its responsibilities under this Contract, including those detailed in Article 24 (Owner's Responsibilities), Contractor shall be entitled to an equitable adjustment pursuant to Article 7.5 (Contract Adjustments) and further provided that in the event of a suspension of Work in accordance with Article 5.9 (Contractor's Right to Suspend the Work) or Article 7.3 (Suspension of Work by Owner), Owner shall reimburse Contractor for costs incurred as a result of such suspension as set forth in such Articles.

Appears in 4 contracts

Samples: Contract for Engineering and Construction (Xm Satellite Radio Holdings Inc), Contract for Engineering and Construction of Terrestrial Repeater Network System (LCC International Inc), Contract for Engineering and Construction (Xm Satellite Radio Holdings Inc)

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