Common use of Non-Delivery of the Step Clause in Contracts

Non-Delivery of the Step. In Undertaking If the Authority does not deliver the Step-in Undertaking on or before the Proposed Step-in Date, the Step-in Notice will be deemed to have been withdrawn and the rights and obligations of the parties will be construed as if the Step-in Notice had not been given.

Appears in 8 contracts

Samples: Contract Party Collateral Agreement, Project Contractor Collateral Agreement, Project Contractor Collateral Agreement

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Non-Delivery of the Step. In Undertaking Undertaking‌ If the Authority does not deliver the Step-in Undertaking on or before the Proposed Step-in Date, the Step-in Notice will be deemed to have been withdrawn and the rights and obligations of the parties will be construed as if the Step-in Notice had not been given.

Appears in 3 contracts

Samples: Project Contractor Collateral Agreement, Project Contractor Collateral Agreement, Project Contractor Collateral Agreement

Non-Delivery of the Step. In Undertaking If the Authority does not deliver the Step-in In Undertaking on or before the Proposed Step-in In Date, the Step-in In Notice will be deemed to have been withdrawn and the rights and obligations of the parties will be construed as if the Step-in In Notice had not been given.

Appears in 2 contracts

Samples: Collateral Agreement, Collateral Agreement

Non-Delivery of the Step. In in Undertaking If the Authority does not deliver the Step-in Undertaking on or before the Proposed Step-in Date, the Step-in Notice will be deemed to have been withdrawn and the rights and obligations of the parties will be construed as if the Step-in Notice had not been given.

Appears in 2 contracts

Samples: Project Contractor Collateral Agreement, Project Contractor Collateral Agreement

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Non-Delivery of the Step. In Undertaking If the Authority does not deliver the Step-in Undertaking on or before the Proposed Step-in Date, the Step-in Notice will be deemed to have been withdrawn and the rights and obligations of the parties Parties will be construed as if the Step-in Notice had not been given.

Appears in 1 contract

Samples: Project Contractor Collateral Agreement

Non-Delivery of the Step. In Undertaking Undertaking‌ If the Authority does not deliver the Step-in Undertaking on or before the Proposed Step-in Date, the Step-in Notice will be deemed to have been withdrawn and the rights and obligations of the parties Parties will be construed as if the Step-in Notice had not been given.

Appears in 1 contract

Samples: Project Contractor Collateral Agreement

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