Permitted Delays definition

Permitted Delays shall have the meaning assigned to such term in Section 2.4(d).
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Permitted Delays means any Force Majeure, any event described in Section 8(b)(iii) above or any Tenant Extension. In the event of a Tenant Extension, the following shall be applicable:
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Permitted Delays as used herein shall mean delays in Landlord’s work toward Substantial Completion of the First Expansion Space and the Second Expansion Space, as applicable, caused by any of the following: (i) delays caused by Tenant, and/or (ii) act of God, war, insurrection, riot, civil commotion, fire or other casualty, strikes, lockouts, inclement weather, inability to obtain labor or materials, governmental regulations, or other causes beyond Landlord’s reasonable control. A delay shall not constitute a Permitted Delay unless Landlord provides Tenant with written notice within ten (10) business days after the passage of such delay, describing in reasonable detail the cause of the delay and the expected completion date. In event of a Permitted Delay, Landlord shall use commercially reasonable efforts to mitigate the effect and duration of such Permitted Delay and resume work toward Substantial Completion as soon as reasonably practicable.
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Examples of Permitted Delays in a sentence

  • Contractor shall not be entitled to any additional compensation for any Permitted Delays.

  • Contractor shall be excused for any delay in performance or completion of the Work caused by (1) acts of God, public utilities or public bodies, (2) the elements beyond average weather conditions for the region, (3) modifications requested by Owner, and (4) other matters Contractor could not reasonably anticipate, control or avoid ("Permitted Delays").

  • Notwithstanding any such withdrawal, the Company shall pay all expenses incurred by the holders of Registrable Securities in connection with such Piggyback Registration.2.4 Permitted Delays.

  • 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 reasons of like nature not the fault of the party delayed in performing work or doing acts (hereinafter, "Permitted Delay" or "Permitted Delays"), such party shall be excused for the period of time equivalent to the delay caused by such Permitted Delay.

  • If Landlord fails to meet the Outside Commencement Date, other than because of the Permitted Delays, Tenant shall have the right to terminate this Lease upon giving Landlord written notice of termination at any time prior to its taking possession of the Premises.

  • Sublessor and Sublessee hereby acknowledge and agree that the ninety (90) day periods referred to in the immediately preceding sentence shall not be extended by any Permitted Delay(s).

  • Subject to Permitted Delays and Tenant Extensions, the Initial Improvements shall be Substantially Complete (as defined in Section 2.6) or if not Substantially Complete, at least completed to the extent that Tenant may begin to perform certain of its facility preparation work (as described in Section 2.11), on or before June 30, 1997 (herein the "Initial Completion Date").

  • Notwithstanding the foregoing, if the Demised Premises are partially or wholly untenantable by fire or other casualty and Landlord elects to restore the damaged portion of the Demised Premises as aforesaid, but Landlord fails to complete the Restoration within the said two hundred and seventy (270) days (subject to Permitted Delays), then, upon thirty (30) days prior written notice to Landlord, Tenant may terminate this Lease.

  • Subject to Permitted Delays (as hereafter defined), (i) the Initial Improvements will be Substantially Complete (as hereafter defined) on and the Delivery Date will be January 28, 2003 ("INITIAL TERM COMMENCEMENT DATE"), and (ii) except in the instance of the Expansion Extension, if any, the Initial Term Termination Date will be 11:59 P.M. local time of the Demised Premises on January 27, 2018.

  • Subject to Permitted Delays (as defined below) and the minimum time for construction as provided in Section 5.A. above, Landlord agrees to Substantially Complete the Second Expansion Space within the time period provided in Tenant’s Expansion Notice.


More Definitions of Permitted Delays

Permitted Delays means delays in the time by which Landlord shall be required to perform certain acts under this Lease to the extent that the performance of such act or acts shall be delayed by acts of God, fire, earthquake, windstorm, flood, explosion, collapse of structures, riot, civil commotion, war, strike, labor disputes, delays or restrictions by governmental bodies, Laws, inability to obtain or use necessary labor or materials, failure or disruption of utility services, Tenant's Delay or any other cause beyond the reasonable control of Landlord.
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Permitted Delays means strikes, lockouts, labor trouble, failure of power, riots, insurrection, war, acts of God, restrictive laws or regulations that did not exist when construction commenced, or other events beyond the control of Borrower which delay, hinder or prevent construction of the Improvements. Any extension of time for a Permitted Delay shall be conditioned upon Borrower delivering written notice of the Permitted Delay to Agent within fifteen (15) days after the event causing the Permitted Delay, and the period of time for completion of construction of the Improvements shall be extended by the period of time equivalent to the delay caused by the Permitted Delay.
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Permitted Delays. The actual number of days' delay in the Completion Date for any Capital Project proximately caused by:
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Related to Permitted Delays

  • Permitted Debt means any Financial Indebtedness:

  • Permitted Disposal means any sale, lease, licence, transfer or other disposal which, except in the case of Disposals as between members of the Group, is on arm’s length terms:

  • Permitted Deductions means the following deductions to the extent included in the gross invoiced sales price of the Product, or otherwise directly paid or incurred by the Selling Entity with respect to the sale:

  • Permitted Dispositions means each of the following:

  • Excusable Delay means a delay due to acts of God, governmental restrictions, stays, judgments, orders, decrees, enemy actions, civil commotion, fire, casualty, strikes, work stoppages, shortages of labor or materials or other causes beyond the reasonable control of Borrower, but lack of funds in and of itself shall not be deemed a cause beyond the control of Borrower.

  • Permitted Disposition means any of the following:

  • Allowed Delay has the meaning set forth in Section 2(c)(ii).

  • Tenant Delay means (i) any request by Tenant that Landlord delay in the commencement or completion of the Premises Base Building Work, or the Common Facilities Base Building Work, as applicable, for any reason; (ii) any delay in the Base Building Substantial Completion Date caused by Tenant’s contractors, agents and employee’s interference with Landlord and Landlord’s contractor’s, agents, and employees; or (iii) any other act or omission of Tenant or its officers, agents, servants or contractors which causes a delay in the Premises Base Building Work, or the Common Facilities Base Building Work, as applicable. If a delay shall occur in the Base Building Work as a result of Tenant Delay, then Tenant shall, within thirty (30) days after determination of the Rent Commencement Date, and only to the extent that such amount exceeds the rent credit, if any, due to Tenant, pay to Landlord for each day of Tenant’s Delay the amount of Basic Rent, Additional Rent and other charges that would have been payable hereunder had Tenant’s Delay not occurred to the extent that such Tenant Delay caused the Rent Commencement Date to be later than the date such date would have occurred had such Tenant Delay not occurred. Landlord shall give Tenant written notice of a Tenant Delay under clauses (ii) and (iii) above within twenty-four (24) hours after Landlord learns of such Tenant Delay. Subject to Tenant Delay and Force Majeure, if Landlord shall have failed to substantially complete the Premises Base Building Work on or before March 1, 2002, Tenant shall have the right to terminate the Lease by written notice to Landlord prior to March 15, 2002, whereupon this Lease shall terminate and be of no further force or effect thirty (30) days after the date of such notice unless Landlord shall have substantially completed the Premises Base Building Work prior to, or within such period.

  • Landlord Delay means any actual delay in the completion of the Improvements as a result of Landlord’s breach or material default under this Exhibit B, or Section 2.1 of the Lease; any failure to respond to any items required to be furnished or approved by Landlord within a time period expressly set forth in this Lease (unless a deemed approval is specified, in which case no Landlord Delay shall be assessed); Landlord’s failure to allow contractors access to the Building or Premises as scheduled or Landlord’s request for material changes in the final Plans and Specifications after Landlord’s approval thereof (unless such request was caused by an error or omission by Xxxxxx), provided, however, that notwithstanding the foregoing, no Landlord Delay shall be deemed to have occurred unless and until Tenant has delivered to Landlord a factually correct written notice (the “Landlord Delay Notice”), specifying the bona fide action or inaction which Tenant contends constitutes the Landlord Delay. If such action or inaction is not cured by Landlord within two (2) business days of Landlord’s receipt of such Landlord Delay Notice, then the Landlord Delay shall be deemed to have occurred as of the expiration of such two (2) business day period. A delay in construction of the Improvements due to a Tenant Delay, any Force Majeure event or a delay by any governmental authority (including but not limited to the City of Los Angeles) shall not be deemed a Landlord Delay.

  • Permitted Distribution means any of the following:

  • Permitted Distributions means the following Distributions:

  • permitted hours means the periods specified for each parking place during which waiting by vehicles of a specific class is permitted as specified on the Plans;

  • Permitted Indebtedness means, without duplication, each of the following:

  • Unavoidable Delays means delays due to any of the following, and only the following, (provided that such delay is beyond Construction Manager’s reasonable control): war, insurrection, civil commotion, strikes, slowdowns, lock outs, riots, flood, earthquakes, fires, casualties, acts of God, acts of a public enemy, acts of terrorism, epidemics, quarantine restrictions, freight embargoes, lack of transportation, governmental moratoriums, unusually severe or abnormal weather conditions, failure of utilities, or a court order which causes a delay (unless resulting from a wrongful act of Construction Manager). In no event shall the application to Construction Manager of any applicable law, regulation, rule or other governmental requirement constitute an Unavoidable Delay. Contractor shall use reasonable good faith efforts to notify Owner not later than five (5) days after Construction Manager knows of the occurrence of an Unavoidable Delay. An extension of time for an Unavoidable Delay shall only be for the period of the Unavoidable Delay, which period shall commence to run from the time of the commencement of the cause of the Unavoidable Delay.

  • Other Permitted Indebtedness means (a) accrued expenses and current trade accounts payable incurred in the ordinary course of any Obligor’s business which are not overdue for a period of more than 90 days or which are being contested in good faith by appropriate proceedings, (b) Indebtedness (other than Indebtedness for borrowed money) arising in connection with transactions in the ordinary course of any Obligor’s business in connection with its purchasing of securities, derivatives transactions, reverse repurchase agreements or dollar rolls to the extent such transactions are permitted under the Investment Company Act and the Investment Policies, provided that such Indebtedness does not arise in connection with the purchase of Portfolio Investments other than Cash Equivalents and U.S. Government Securities and (c) Indebtedness in respect of judgments or awards that have been in force for less than the applicable period for taking an appeal so long as such judgments or awards do not constitute an Event of Default under clause (l) of Article VII.