Potential Delay definition

Potential Delay has the meaning set forth in Section 4(c).
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Examples of Potential Delay in a sentence

  • The occurrence of a Potential Delay shall not be an event of default by NPD hereunder, provided that NPD is diligently and in good faith pursuing development of the Mixed Use Development.

  • If a Potential Delay occurs, the Opening Date shall be extended to December 31, 2016.

  • Furthermore, if a Potential Delay occurs, the Company and the Buyers will use their respective commercially reasonable efforts to effect the intent and purposes of the terms and conditions of this Section 4(c).

  • If a Potential Delay occurs and Stockholder Approval has not been obtained on or before September 30, 2008, then, at Closing, and subject to terms and conditions of this Section 4(c), the Company will deliver certificates with respect to shares of the Designated Preferred in lieu of the Preferred Shares contemplated in this Agreement.