Common use of Where a Milestone Clause in Contracts

Where a Milestone. Failure occurs or is in the opinion of Homes England reasonably likely to occur (having regard to the information pursuant to Clause 15.3 (Operational Obligations) or Clause 16 (Review, Monitoring and Reporting) and such failure is directly caused by a Milestone Extension Event, Homes England may at its sole discretion elect to, subject always to Clause 7.3 (Time extensions), extend the relevant Milestone Date and associated Capital Firm Scheme Completion Date by such period as it (acting reasonably) considers appropriate to take account of the delay caused or likely to be caused by the Milestone Extension Event.‌

Where a Milestone. Failure occurs or is in the opinion of Homes England reasonably likely to occur (having regard to the information supplied pursuant to Clause 15.3 clause 11.4 (Operational Obligations) or Clause 16 clause 12 (Review, Monitoring and Reporting)) and such failure is directly caused by a Milestone Extension Event, Homes England may at its sole discretion elect toshall, subject always to Clause 7.3 clause 8.3 (Time extensions), extend the relevant Milestone Date and associated Capital Firm Scheme Completion Date by such period as it (acting reasonably) considers appropriate to take account of the delay caused or likely to be caused by the Milestone Extension Event.‌Event.

Where a Milestone. Failure occurs or is in the opinion of Homes England reasonably likely to occur (having regard to the information supplied pursuant to Clause 15.3 14.3 (Operational Obligations) or Clause 16 15 (Review, Monitoring and Reporting) and such failure is directly caused by a Milestone Extension Event, Homes England may at its sole discretion elect to, subject always to Clause 7.3 (Time extensions), extend the relevant Milestone Date and and‌ associated Capital Firm Scheme Completion Date by such period as it (acting reasonably) considers appropriate to take account of the delay caused or likely to be caused by the Milestone Extension Event.‌Event.

Where a Milestone. Failure occurs or is in the opinion of Homes England reasonably likely to occur (having regard to the information supplied pursuant to Clause 15.3 (Operational Obligations) or Clause 16 (Review, Monitoring and Reporting) and such failure is directly caused by a Milestone Extension Event, Homes England may at its sole discretion elect to, subject always to Clause 7.3 (Time extensions), extend the relevant Milestone Date and associated Capital Firm Scheme Completion Date by such period as it (acting reasonably) considers appropriate to take account of the delay caused or likely to be caused by the Milestone Extension Event.‌

Where a Milestone. Failure occurs or is in the opinion of Homes England reasonably likely to occur (having regard to the information supplied pursuant to Clause 15.3 14.3 (Operational Obligations) or Clause 16 15 (Review, Monitoring and Reporting) and such failure is directly caused by a Milestone Extension Event, Homes England may at its sole discretion elect to, subject always to Clause 7.3 (Time extensions), extend the relevant Milestone Date and associated Capital Firm Scheme Completion Date by such period as it (acting reasonably) considers appropriate to take account of the delay caused or likely to be caused by the Milestone Extension Event.‌