Common use of No Damages for Delay Clause in Contracts

No Damages for Delay. During the Term, Company is not entitled to and must make no charges or claims for damages for any delays or hindrances from any cause in connection with the Services. If Company’s performance of the Services is delayed by causes beyond Company’s reasonable control, at the Institution’s sole option, the Institution may either terminate this Agreement or extend the time to complete the Services to reflect the extent of the delay (if extension is feasible given the project deadlines and the expectations of public performance), provided the Company has given the Institution written notice within ten days after delay begins. The notice by the Company must include a description of the reasons for the delay and the steps Company has taken or will take to mitigate the effects of the delay.

Appears in 15 contracts

Samples: Professional Services, Professional Services, Professional Services

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No Damages for Delay. During the Term, Company is not entitled to and must make no charges or claims for damages for any delays or hindrances from any cause in connection with the Services. If Company’s 's performance of the Services is delayed by causes beyond Company’s 's reasonable control, at the Institution’s sole option, the Institution may either terminate this Agreement or shall extend the time to complete the Services to reflect the extent of the delay (if extension is feasible given the project deadlines and the expectations of public performance), provided the Company has given the Institution written notice within ten days after delay begins. The notice by the Company must include a description of the reasons for the delay and the steps Company has taken or will take to mitigate the effects of the delay.

Appears in 1 contract

Samples: Professional Services

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