Common use of START DATE AND COMPLETION DATE Clause in Contracts

START DATE AND COMPLETION DATE. (a) Seller will determine a “Start Date” upon Xxxxx's satisfaction of his/her financing obligations. Construction duration and the Completion Date are subject to the project workload and the time of year and are OFTEN affected by events beyond the control, or even within the control, of Seller. (b) Buyer acknowledges that the cost of construction materials and services may increase between the date of execution of the Purchase Contract and the date begins. If the cost of materials and/or services increases, Xxxxx agrees that Seller may upwardly adjust the Base Price stated in the Purchase Contract to reflect those increases from the date of the Purchase Contract to the date construction begins (if there are any such increases). Construction on the residence shall be deemed to have begun when the lumber package has been ordered. If Seller experiences any such increases, Seller shall, at least five (5) days prior to the time construction of the residence begin, send Buyer a notice by certified mail, return receipt requested, specifying the amount of any increases in the Base Price. Buyer shall have five (5) days from the date of receipt of the notice to reject the increased price. If Xxxxx fails to reject the new price within the time period provided, the Purchase Contract, and all of the terms and conditions contained therein, together with the new price, shall remain in full force and effect. If Buyer timely rejects the price increase in a signed writing, both Buyer and Seller shall be completely released from any and all obligations arising under the Purchase Contract, and the Purchase Contract shall have no further force and effect, provided, however, that Buyer shall be entitled to a return of its xxxxxxx money. (c) Seller shall use reasonable efforts to complete the Dwelling Unit within 120 to 180 days of the Building Permit, but shall not be liable to Buyer for damages if it is unable to achieve any given date. (d) Extra time will be required for each day of delay caused by Xxxxx, strike, war, civil unrest, act of God, weather or other cause beyond the control of Seller. (e) If the Dwelling Unit is not completed within calendar days, plus any extensions pursuant to Section 11(d), of the Reference Date, Buyer may terminate this Contract by so notifying Seller in writing, and Seller shall promptly return all deposits without deduction or interest. (f) Seller shall not be required to give Buyer notice of each delay, nor shall a written Contract amendment be required to validate any extension earned pursuant to Section 11(d).

START DATE AND COMPLETION DATE. (a) Seller will determine a “Start Date” upon XxxxxBuyer's satisfaction of his/her financing obligations. Construction duration and the Completion Date are subject to the project workload and the time of year and are OFTEN affected by events beyond the control, or even within the control, of Seller. (b) Buyer acknowledges that the cost of construction materials and services may increase between the date of execution of the Purchase Contract and the date begins. If the cost of materials and/or services increases, Xxxxx Buyer agrees that Seller may upwardly adjust the Base Price stated in the Purchase Contract to reflect those increases from the date of the Purchase Contract to the date construction begins (if there are any such increases). Construction on the residence shall be deemed to have begun when the lumber package has been ordered. If Seller experiences any such increases, Seller shall, at least five (5) days prior to the time construction of the residence begin, send Buyer a notice by certified mail, return receipt requested, specifying the amount of any increases in the Base Price. Buyer shall have five (5) days from the date of receipt of the notice to reject the increased price. If Xxxxx Buyer fails to reject the new price within the time period provided, the Purchase Contract, and all of the terms and conditions contained therein, together with the new price, shall remain in full force and effect. If Buyer timely rejects the price increase in a signed writing, both Buyer and Seller shall be completely released from any and all obligations arising under the Purchase Contract, and the Purchase Contract shall have no further force and effect, provided, however, that Buyer shall be entitled to a return of its xxxxxxx money. (c) Seller shall use reasonable efforts to complete the Dwelling Unit within 120 to 180 days of the Building Permit, but shall not be liable to Buyer for damages if it is unable to achieve any given date. (d) Extra time will be required for each day of delay caused by XxxxxBuyer, strike, war, civil unrest, act of God, weather or other cause beyond the control of Seller. (e) If the Dwelling Unit is not completed within calendar days, plus any extensions pursuant to Section 11(d), of the Reference Date, Buyer may terminate this Contract by so notifying Seller in writing, and Seller shall promptly return all deposits without deduction or interest. (f) Seller shall not be required to give Buyer notice of each delay, nor shall a written Contract amendment be required to validate any extension earned pursuant to Section 11(d).

START DATE AND COMPLETION DATE. (a) Seller Xxxxxx will determine a “"Start Date” " upon XxxxxBuyer's satisfaction of his/her financing obligations. Construction duration and the Completion Date are subject to the project workload and the time of year and are OFTEN affected by events beyond the control, or even within the control, of SellerXxxxxx. (b) Buyer acknowledges that the cost of construction materials and services may increase between the date of execution of the Purchase Contract and the date construction begins. If the cost of materials and/or and/ or services increases, Xxxxx Buyer agrees that Seller Xxxxxx may upwardly adjust the Base Price stated in the Purchase Contract to reflect those increases from the date of the Purchase Contract to the date construction begins (if there are any such increases). Construction on the residence shall be deemed to have begun when the lumber package has been ordered. If Seller Xxxxxx experiences any such increases, Seller Xxxxxx shall, at least five (5) days prior to the time construction of the residence begin, send Buyer a notice by certified mail, return receipt requested, specifying the amount of any increases in the Base Price. Buyer shall have five (5) days from the date of receipt of the notice to reject the increased price. If Xxxxx Buyer fails to reject the new price within the time period provided, the Purchase Contract, and all of the terms and conditions contained therein, together with the new price, shall remain in full force and effect. If Buyer timely rejects the price increase in a signed writing, both Buyer and Seller Xxxxxx shall be completely released from any and all obligations arising under the Purchase Contract, and the Purchase Contract shall have no further force and effect, provided, however, that Buyer shall be entitled to a return of its xxxxxxx money. (c) Seller Xxxxxx shall use reasonable efforts to complete the Dwelling Unit within 120 to 180 days of the Building Permit, but shall not be liable to Buyer for damages if it is unable to achieve any given date. (d) Extra time will be required for each day of delay caused by XxxxxBuyer, strike, war, civil unrest, act of God, weather or other cause beyond the control of SellerXxxxxx. (e) If the Dwelling Unit is not completed within calendar days, plus any extensions pursuant to Section 11(d12(d), of the Reference Date, Buyer may terminate this Contract by so notifying Seller Xxxxxx in writing, and Seller Xxxxxx shall promptly return all deposits without deduction or interest. (f) Seller Xxxxxx shall not be required to give Buyer notice of each delay, nor shall a written Contract amendment be required to validate any extension earned pursuant to Section 11(d12(d).

START DATE AND COMPLETION DATE. (a) Seller Mtn View will determine a “"Start Date” " upon XxxxxBuyer's satisfaction of his/her financing obligations. Construction duration and the Completion Date are subject to the project workload and the time of year and are OFTEN affected by events beyond the control, or even within the control, of SellerMtn View. (b) Buyer acknowledges that the cost of construction materials and services may increase between the date of execution of the Purchase Contract and the date construction begins. If the cost of materials and/or and/ or services increases, Xxxxx Buyer agrees that Seller Mtn View may upwardly adjust the Base Price stated in the Purchase Contract to reflect those increases from the date of the Purchase Contract to the date construction begins (if there are any such increases). Construction on the residence shall be deemed to have begun when the lumber package has been ordered. If Seller Mtn View experiences any such increases, Seller Mtn View shall, at least five (5) days prior to the time construction of the residence begin, send Buyer a notice by certified mail, return receipt requested, specifying the amount of any increases in the Base Price. Buyer shall have five (5) days from the date of receipt of the notice to reject the increased price. If Xxxxx Buyer fails to reject the new price within the time period provided, the Purchase Contract, and all of the terms and conditions contained therein, together with the new price, shall remain in full force and effect. If Buyer timely rejects the price increase in a signed writing, both Buyer and Seller Mtn View shall be completely released from any and all obligations arising under the Purchase Contract, and the Purchase Contract shall have no further force and effect, provided, however, that Buyer shall be entitled to a return of its xxxxxxx money. (c) Seller Mtn View shall use reasonable efforts to complete the Dwelling Unit within 120 to 180 days of the Building Permit, but shall not be liable to Buyer for damages if it is unable to achieve any given date. (d) Extra time will be required for each day of delay caused by XxxxxBuyer, strike, war, civil unrest, act of God, weather or other cause beyond the control of SellerMtn View. (e) If the Dwelling Unit is not completed within calendar days, plus any extensions pursuant to Section 11(d12(d), of the Reference Date, Buyer may terminate this Contract by so notifying Seller Mtn View in writing, and Seller Mtn View shall promptly return all deposits without deduction or interest. (f) Seller Mtn View shall not be required to give Buyer notice of each delay, nor shall a written Contract amendment be required to validate any extension earned pursuant to Section 11(d12(d).