Common use of Updated Project Schedule Clause in Contracts

Updated Project Schedule. After approval of the proposed Project Schedule, the Contractor shall prepare on a monthly basis, or more or less frequently as Princeton University may require, an “Updated Project Schedule” that shall document the current schedule status of the Work of the Project and incorporate changes based on actual progress and new or more reliable information. Updated Project Schedule(s) shall be subject to Princeton University’s written approval, shall not change the previously established Required Substantial Completion Date or any of the Schedule Milestones, and shall not be binding upon Princeton University in any manner unless or until Princeton University has approved such Updated Project Schedule, subject to any qualifications in such approval and all other terms of this Contract. Notwithstanding the preceding or any approvals by Princeton University of any Updated Project Schedules or anything in this Contract to the contrary, any change to the Required Substantial Completion Date or any of the Schedule Milestones shall only be pursuant to a Change Order signed by Princeton University. The term Project Schedule as used throughout the Contract shall include any Updated Project Schedules approved in writing by Princeton University.