Performance Deadline Clause Samples
A Performance Deadline clause sets a specific date or timeframe by which a party must complete its contractual obligations. This clause typically applies to deliverables, services, or milestones, and may outline consequences for missing the deadline, such as penalties or the right to terminate the agreement. Its core function is to ensure timely performance and provide certainty for both parties regarding when obligations must be fulfilled, thereby reducing the risk of delays and disputes.
Performance Deadline. The Parties shall set out any deadline in the Agreement.
Performance Deadline. Notwithstanding anything to the contrary specified in Schedule D, the deadline to complete all pre-opening items and renovations listed as “to be completed prior to opening” on the PIP shall be no later than [●], provided that we act in a commercially reasonable manner in extending the PIP completion deadline upon request. [For sites identified with a 9/30/23 Opening Date, change this section to add: You will not be in default of this Section provided that at least sixty percent ([●]%) of the hotels identified in Section 18.3.3 are open and operating by [●].]