Common use of Time Extension Clause in Contracts

Time Extension. Contractor shall be entitled to an extension to the applicable Target Substantial Completion Dates and/or Guaranteed Substantial Completion Dates for delay or prevention that meets the requirements of this Section 6.8A, if and to the extent such delay or prevention causes a delay in the critical path of the Work. Contractor shall demonstrate to Owner its entitlement to relief under this Section by providing to Owner an updated CPM Schedule using Primavera Project Planner in its native electronic format with actual durations entered for all activities on the critical path and re-forecasted clearly to indicate Contractor’s entitlement to a time extension under this Section 6.8A. Notwithstanding the foregoing, any adjustment to the Target Substantial Completion Date(s) shall extend the Guaranteed Substantial Completion Dates in the same amounts so that the Guaranteed Substantial Completion Date for Subproject 3 is always two (2) Days after the Target Substantial Completion Date for Subproject 3 and the Guaranteed Substantial Completion Date for Subproject 4 is always two (2) Days after the Target Substantial Completion Date for Subproject 4, regardless of whether the delay impacts only the critical path of the Work to achieve the applicable Target Substantial Completion Date and not the applicable Guaranteed Substantial Completion Date.

Appears in 4 contracts

Samples: Escrow Agreement, Escrow Agreement (Sabine Pass Liquefaction, LLC), Escrow Agreement (Cheniere Energy Partners LP Holdings, LLC)

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Time Extension. Contractor shall be entitled to an extension to the applicable Target Substantial Completion Dates and/or Guaranteed Substantial Completion Dates for delay or prevention that meets the requirements of this Section 6.8A, if and to the extent such delay or prevention causes a delay in the critical path of the Work. Contractor shall demonstrate to Owner its entitlement to relief under this Section by providing to Owner an updated CPM Schedule using Primavera Project Planner in its native electronic format with actual durations entered for all activities on the critical path and re-forecasted clearly to indicate Contractor’s entitlement to a time extension under this Section 6.8A. Notwithstanding the foregoing, any adjustment to the Target Substantial Completion Date(s) shall extend the Guaranteed Substantial Completion Dates in the same amounts so that the Guaranteed Substantial Completion Date for Subproject 3 1 is always two one hundred five (2105) Days after the Target Substantial Completion Date for Subproject 3 1 and the Guaranteed Substantial Completion Date for Subproject 4 2 is always two one hundred five (2105) Days after the Target Substantial Completion Date for Subproject 42, regardless of whether the delay impacts only the critical path of the Work to achieve the applicable Target Substantial Completion Date and not the applicable Guaranteed Substantial Completion Date.

Appears in 4 contracts

Samples: Escrow Agreement (Sabine Pass Liquefaction, LLC), Escrow Agreement (Cheniere Energy Partners LP Holdings, LLC), Escrow Agreement (Cheniere Energy Partners LP Holdings, LLC)

Time Extension. Contractor shall be entitled to an extension to the applicable Target Substantial Completion Dates Date and/or the Guaranteed Substantial Completion Dates Date for a Project for delay or prevention that meets the requirements of this Section 6.8A6.12(a), if and to the extent (i) such delay or prevention causes a delay in the critical path of the WorkWork and (ii) Contractor has complied with the notice and Change Order requirements in Section 6.5 and the mitigation requirements of Section 6.11. Contractor shall demonstrate to Owner its entitlement to relief under this Section by providing to Owner an updated CPM Schedule using Primavera Project Planner in its native electronic format with actual durations entered for all activities on the critical path and re-forecasted clearly to indicate Contractor’s entitlement to a time extension under this Section 6.8A. 6.12(a). Notwithstanding the foregoing, with respect to each Project, any adjustment to the Target Substantial Completion Date(s) Date shall extend the Guaranteed Substantial Completion Dates Date in the same amounts so that the Guaranteed Substantial Completion Date for Subproject 3 such Project is always two one hundred eighty (2180) Days after the Target Substantial Completion Date for Subproject 3 and the Guaranteed Substantial Completion Date for Subproject 4 is always two (2) Days after the Target Substantial Completion Date for Subproject 4such Project, regardless of whether the delay impacts only the critical path of the Work to achieve the applicable Target Substantial Completion Date and not the applicable Guaranteed Substantial Completion Date.

Appears in 1 contract

Samples: Tellurian Inc. /De/

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Time Extension. Contractor shall be entitled to an extension to the applicable Target Substantial Completion Dates and/or Guaranteed Substantial Completion Dates for delay or prevention that meets the requirements of this Section 6.8A, if and to the extent such delay or prevention causes a delay in the critical path of the Work. Contractor shall demonstrate to Owner its entitlement to relief under this Section by providing to Owner an updated CPM Schedule using Primavera Project Planner in its native electronic format with actual durations entered for all activities on the critical path and re-forecasted clearly to indicate Contractor’s entitlement to a time extension under this Section 6.8A. Notwithstanding the foregoing, any adjustment to the Target Substantial Completion Date(s) shall extend the Guaranteed Substantial Completion Dates in the same amounts so that the Guaranteed Substantial Completion Date for Subproject 3 1 is always two ninety (290) Days after the Target Substantial Completion Date for Subproject 3 1 and the Guaranteed Substantial Completion Date for Subproject 4 2 is always two ninety one (291) Days after the Target Substantial Completion Date for Subproject 42, regardless of whether the delay impacts only the critical path of the Work to achieve the applicable Target Substantial Completion Date and not the applicable Guaranteed Substantial Completion Date.

Appears in 1 contract

Samples: Engineering, Procurement and Construction Agreement (Cheniere Energy Inc)

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