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https://www.nolo.com/legal-encyclopedia/time-of-essence-contract-provisions-33345.html
For that reason, lawyers began to use "time is of the essence" provisions in contracts. When a party wants to make sure that the agreement makes it clear that it is important that the contract obligations be completed on time, a contract can include a provision that specifically states: "Time is of the essence with respect to all [obligations/deliveries/payments] under this Agreement."
https://legaldictionary.net/time-is-of-the-essence/
Aug 30, 2017 · Another type of case wherein a time is of the essence provision is important is one involving the delivery of goods. If a seller fails to deliver goods by a specified delivery date, then he is usually considered to be in breach of the contract. A date set for paying for goods, however, is different.
https://www.lawinsider.com/clause/time-is-of-the-essence
Time is of the Essence. The parties hereby agree that time is of the essence with respect to performance of each of the parties’ obligations under this Agreement. The parties agree that in the event that any date on which performance is to occur falls on a Saturday, Sunday or state or national holiday, then the time for such performance shall be extended until the next business day thereafter occurring.
https://www.crippspg.co.uk/commercial-disputes/time-essence-mean/
Time is OTE where the contract expressly says it is. It’s often used where it’s important to secure performance by the agreed date such as delivery of goods, completion of a sale or some types of payments.
https://d3rzp7j7tvcflt.cloudfront.net/fileadmin/user_upload/DE/PDF/Unternehmen/Lieferanten/Korea/KL-KR_Purchasing_Terms_English.pdf
Kern-Liebers Korea Ltd. Time is of the essence with respect to all delivery schedule GENERAL TERMS AND CONDITIONS 1. ACCEPTANCE Seller acknowledges and agrees that these General Terms and Conditions are incorporated in, and a part of, this contract and each
http://marell-lawfirm.com/time-is-of-the-essence-overused-phrases-say-what-you-mean/
Dec 02, 2014 · When a buyer wants to make sure that performance is completed on time, the contract will include a clause that specifically states: “Time is of the essence with respect to deliveries under this Agreement.” This clause changes the remedies available to the buyer.
https://www.kimberlyhowell.com/real-estate-in-san-antonio/time-is-of-the-essence-what-does-it-mean/
Nov 07, 2016 · Time is of the Essence: Example Let’s say for instance you executed a contract on February 3, 2017. In that contract you have 3 days to deliver the survey and T-47, a 10 day option period, and a financing period of 14 days.
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