Permitted Delay definition

Permitted Delay shall have the meaning set forth in Section 6.3. “Permitted Delay Notice” shall have the meaning set forth in Section 6.3. “PFE Fee” shall have the meaning set forth in Section 4.1.

Permitted Delay means any critical path delay in Substantial Completion of the Work beyond the expiration of the Contract Time for Substantial Completion caused by conditions or events beyond the reasonable control of, and without the fault or neglect of, Contractor, its Subcontractors and those for whom they are responsible, and which delay was not and could not in the exercise of reasonable diligence have been avoided. Force Majeure Events (defined below) are Permitted Delays. However, the financial inability of Contractor, a Subcontractor or supplier or any default of any of them, without limitation, will not be deemed a Permitted Delay. Contractor's sole remedy for a Permitted Delay is an extension of the Contract Time, in accordance with the procedures of the Contract Documents. Permitted Delays will not entitle Contractor to any adjustment of the Contract Sum (unless such delay also qualifies as a Compensable Delay).

Permitted Delay shall have the meaning ascribed to it in Section 5.06.

Examples of Permitted Delay in a sentence

• Notwithstanding the foregoing, any extension of time for a Permitted Delay shall be conditioned upon the party seeking an extension of time delivering written notice of such Permitted Delay to the other party within ten (10) days of the event causing the Permitted Delay.

• In the event that either party hereto shall be delayed or hindered in or prevented from the performance required hereunder by reason of strikes, lockouts, labor troubles, failure of power, riots, insurrection, war, acts of God, or other reason of like nature not the fault of the party delayed in performing work or doing acts (“Permitted Delay”), such party shall be excused for the period of time equivalent to the delay caused by such Permitted Delay.

• In the event that either party hereto shall be delayed or hindered in or prevented from the performance required hereunder by reason of strikes, lockouts, labor troubles, failure of power, riots, insurrection, war, acts of God, or other reason of like nature not the fault of the party delayed in performing work or doing acts ("Permitted Delay"), such party shall be excused for the period of time equivalent to the delay caused by such Permitted Delay.

• In the event that either party hereto shall be delayed or hindered in or prevented from the performance required hereunder by reason of strikes, lockouts, labor troubles, failure of power, riots, insurrection, war, acts of God, or other reason of like nature not the fault of the party delayed in performing work or doing acts (" Permitted Delay"), such party shall be excused for the period of time equivalent to the delay caused by such Permitted Delay.

• The default of a subcontractor or supplier, and the inability to obtain raw materials or parts, shall not constitute a Permitted Delay.

More Definitions of Permitted Delay

Permitted Delay has the meaning assigned to such term in Section 3.01(a)(i).

Permitted Delay means any delay attributable to COMPANY GROUP, including delay to the extent caused by:

Permitted Delay means any delay in the Completion of the Improvements resulting from acts of God; fire; earthquake; floods; explosion; action of the elements; war; invasion; insurrection; riot; mob violence; sabotage; malicious mischief; inability (notwithstanding good faith and diligent efforts) to procure, or general shortage of, labor, equipment, facilities, materials, or supplies in the open market; failure of transportation; strikes (other than any strike resulting from acts of Seller or General Contractor); lockouts; action of labor unions; condemnation laws; requisition or order of government or civil or military or naval authorities; litigation involving a party or others relating to zoning, subdivision, or other governmental action or inaction pertaining to the Premises or any portion of it; inability (notwithstanding good faith and diligent efforts) to obtain governmental permits or approvals; or any other cause, whether similar or dissimilar to those stated above, not within Seller's or General Contractor's reasonable control.

Permitted Delay is defined in Section 12.3.

Permitted Delay has the meaning set forth in Section 2.01(e).

Permitted Delay means any delay arising out of or resulting from (i) Force Majeure, (ii) adverse site conditions that could not have been reasonably foreseen by Tenant, or (iii) a Landlord Delay.

Permitted Delay means any one of the following: (i) delay relating to [**] resulting from [**] by a [**] ; (ii) delay [**] by a [**] or (iii) delay resulting from [**].