Time -The essence of contract Sample Clauses

Time -The essence of contract. 20.1 The time and the date of completion of the Contract as stipulated in the Contract by the Employer without or with modifications, if any, and so incorporated in the Letter of Award, shall be deemed to be the essence of the Contract. The Contractor shall so organize his resources and perform his Work as to complete it not later than the date agreed to. 20.2 The Contractor shall submit a detailed PERT Network/Bar Chart within the time frame agreed consisting of adequate number of activities covering various key phases of the Work within fifteen (15) days of the date of Notice of Award of Contract. This Network shall also indicate the interface facilities to be provided by the Employer and the dates by which such facilities are needed. The Contractor shall discuss the Network so submitted with the Employer and the agreed Network shall form part of the contract documents. Finalization of the Network/Bar Charts will be pre conditions to release any initial advance to the Contractor. 20.3 During the performance of the Contract, if in the opinion of the Engineer, proper progress is not maintained, suitable changes shall be made in the Contractor's operations to ensure proper progress without any cost implication to the Employer. The interface facilities to be provided by the Employer in accordance with the agreed Network shall also be reviewed while reviewing the progress of the Contractor. 20.4 Based on the agreed Network/Bar Chart fortnightly reports shall be submitted by the Contractor as directed by the Engineer. 20.5 Subsequent to the finalization of the Network, the Contractor shall make available to the Engineer a detailed construction/manufacturing programme in line with the agreed Contract Network. Such construction/manufacturing programme shall be reviewed, updated and submitted to the Engineer once in every two months thereafter. 20.6 The above Bar Charts/manufacturing programme shall be compatible with the Employer's computer environment and furnished to the Employer on such media as may be desired by the Employer.
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Time -The essence of contract. 16.01 The time and the date of completion of the “Supply” as stipulated in the Letter of Acceptance / Purchase order issued to the Supplier shall be deemed to be the essence of the “Contract”. The Supply has to be completed not later than the aforesaid Schedule and date of completion of supply.
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Time -The essence of contract. The time and date of completion of the works as contained in this tender and as agreed to contractually shall be final and binding upon the contact or firm except for Para 16 of this section.
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Time -The essence of contract. 2.2.1 The time and date of completion of the works as contained in the supplier’s proposal and as agreed to contractually after modifications, if any, shall be final and binding upon the supplier. It must be understood that the supplier has made the proposal after fully considering all such factors which may have any bearing on the time schedule of the contract, and no extension in the schedule whatsoever shall be permitted on these accounts by CBI.
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Time -The essence of contract. 11.1 The time and the date of completion of the Contract as stipulated in the Contract by TPGL without or with modifications, if any, and so incorporated in the Letter of Award, shall be deemed to be the essence of the Contract. The Contractor shall so organize his resources and perform his Work as to complete it not later than the date agreed to. 11.2 The Contractor shall submit a detailed BAR CHART / PERT NETWORK consisting of adequate number of activities covering various key phases of the Work such as design, procurement, manufacturing, shipment and field erection activities within fifteen (15)
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Time -The essence of contract. 3.1 This contract is for a period of two years. Further it can be extended upto 6 months.
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Related to Time -The essence of contract

  • Time of the Essence Time is of the essence of this Agreement.

  • Time is of the Essence Time is of the essence in the performance of this Agreement.

  • Time of the Essence; Computation of Time Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or any duty hereunder shall fall upon a Saturday, Sunday, or any date on which banks in New York, New York are authorized to be closed, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular business day.

  • Time of Essence Time is of the essence of this Agreement.

  • TIME IS ESSENCE The Promoter shall abide by the time schedule for completing the project as disclosed at the time of registration of the project with the Authority and towards handing over the [Apartment/Plot] to the Allottee and the common areas to the association of allottees or the competent authority, as the case may be.

  • Time is of Essence Time is of the essence in the performance of this Agreement.

  • Acceptance of Contract This contract shall not be considered accepted, approved or otherwise effective until the statutorily required approvals and certifications have been given.

  • Extension of Contract The Director of Procurement Services may, with the consent of the contractor extend the Contract period beyond the indicated expiration date.

  • Amendment; No Waiver No provision of this Agreement may be amended, modified, waived or discharged except by a written document signed by Executive and duly authorized officer of the Company. The failure of a party to insist upon strict adherence to any term of this Agreement on any occasion shall not be considered as a waiver of such party’s rights or deprive such party of the right thereafter to insist upon strict adherence to that term or any other term of this Agreement. No failure or delay by any party in exercising any right or power hereunder will operate as a waiver thereof, nor will any single or partial exercise of any other right or power. No agreements or representations, oral or otherwise, express or implied, with respect to the subject matter hereof have been made by any party, which are not set forth expressly in this Agreement.

  • Time of the Essence in This Tenant Work Letter Unless otherwise indicated, all references herein to a “number of days” shall mean and refer to calendar days. If any item requiring approval is timely disapproved by Landlord, the procedure for preparation of the document and approval thereof shall be repeated until the document is approved by Landlord.

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