Enforced Delay definition
Examples of Enforced Delay in a sentence
For purposes of this Section 8 “continuously operate” means not ceasing operation for a time period in excess of ninety (90)consecutive calendar days unless due to an Enforced Delay.
The covenant of this Section 12 shall run with the interest in the Property and shall remain in effect at all times that this Agreement is in effect for the Term unless due to an Enforced Delay.
Periods during which the Parties are seeking a decision regarding mediation pursuant to Section 7(C) of this Agreement shall be considered periods of Enforced Delay.
Disney shall make the first payment of Fifteen Million Dollars U.S. ($15,000,000) to the City for payment into the designated public trust no later than one year after the Effective Date unless an Enforced Delay event as set forth in Section 6.4 causes a delay in the Effective Date.
In the event of the occurrence of any such Enforced Delay, the time or times for performance of the obligations of the Party claiming delay shall be extended for a period of the Enforced Delay; provided that the Party seeking the benefit of the provisions of this Section shall, within thirty (30) days after such Party knows of any such Enforced Delay, first notify the other Party of the specific delay in writing and claim the right to an extension for the period of the Enforced Delay.
In addition to any extension provided for any Enforced Delay, in the event that the City, its agents and/or employees take or fail to take any action that unreasonably delays the Developer from meeting the schedule provided for herein or unreasonably withhold, condition or delay any approval under this Agreement, then the City shall be in breach of this Agreement and Developer may seek an order for specific performance of the terms of this Agreement in accordance with Section VIII (n).
Disney shall make the second payment of Fifteen Million Dollars U.S. ($15,000,000) to the City for payment into the designated public trust no later than five years after the Effective Date unless an Enforced Delay event as set forth in Section 6.4 causes a delay in the Effective Date.