Delay definition
Examples of Delay in a sentence
Where the Train Operator is required to make payment to Network Rail for Delay or a Cancellation under the provisions of this Schedule 8, Network Rail shall issue an invoice to the Train Operator within 90 days of the end of the Charging Period in which the Delay or Cancellation arose requesting that payment.
Neither the City nor the Developer will be deemed to be in default of this Agreement because of an Excusable Delay.
In no event may Seller extend the Term Start Date for more than a total of 180 days by the payment of Daily Delay Liquidated Damages.
Network Rail shall have no liability under any provision of this Schedule 8 to the Train Operator in respect of any Delay or Cancellation to any Train Operator Service (whether that delay shall be Attributable to Network Rail or Attributable to both the Train Operator and Network Rail).
Subject to limitations set forth in Section 1.01(a), Seller may elect to delay the Term Start Date by paying to Buyer liquidated damages in an amount equal to one percent of the Development Security per day for each day (or portion thereof) from and including the original Term Start Date to and excluding the actual Term Start Date (“Daily Delay Liquidated Damages”).