Common use of TIME OF COMMENCEMENT AND COMPLETION Clause in Contracts

TIME OF COMMENCEMENT AND COMPLETION. If an amount is indicated immediately below, liquidated damages shall be applicable to this Project as, and to, the extent shown below. Where an amount is indicated below, liquidated damages shall be assessed in accordance with and pursuant to the terms of Article 6, Time Of Commencement and Completion, in the amounts and as here indicated. The election of liquidated damages shall limit and control the parties’ right to damages only to the extent noted.

TIME OF COMMENCEMENT AND COMPLETION. i. If an amount is indicated immediately below, liquidated damages shall be applicable to this Project any LLTP as, and to, the extent shown below. Where an amount is indicated below, liquidated damages shall be assessed in accordance with and pursuant to the terms of Article 6, Time Of of Commencement and Completion, in the amounts and as here indicated. The election of liquidated damages shall limit and control the partiesParties’ right to damages only to the extent noted.