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Timely performance clause: Copy, customize, and use instantly

Introduction

A timely performance clause outlines the expectation that both parties will complete their obligations under the agreement within the agreed timeframes. It ensures that both parties are committed to meeting deadlines, which is crucial for the smooth execution of the agreement and helps avoid delays, penalties, or disputes related to the timing of deliverables.

Below are templates for timely performance clauses tailored to different scenarios. Copy, customize, and insert them into your agreement.

Timely performance clause (general)

This version outlines the general requirement for timely performance.

The Parties agree to perform all obligations under this Agreement within the agreed timelines. Both Parties acknowledge that timely performance is a material term of this Agreement, and any delay may result in consequences, including potential damages or termination of the Agreement. Each Party will make diligent efforts to complete their tasks within the specified timeframes.

Timely performance clause (with penalties for delay)

This clause adds penalties for delays in performance.

The Parties agree to perform all tasks and deliverables in accordance with the agreed schedule. If either Party fails to meet the agreed timelines, they will be liable for penalties in the amount of [X] for each day of delay. These penalties will be deducted from any outstanding payments or compensation due under this Agreement. Any delays beyond [X] days may lead to the termination of the Agreement.

Timely performance clause (force majeure provision)

This version includes a force majeure provision.

The Parties agree to perform all obligations in accordance with the timeline set forth in this Agreement. However, if either Party is unable to meet the specified deadlines due to unforeseen circumstances beyond their control (force majeure events), including but not limited to natural disasters, acts of government, or labor disputes, the affected Party will be granted an extension of time equal to the duration of the force majeure event, provided that notice is given promptly.

Timely performance clause (milestone-based)

This clause sets specific milestones for performance.

The Parties agree to complete all obligations in accordance with the milestones outlined in Exhibit A. Each milestone must be completed on or before the specified date. Failure to achieve any milestone by the deadline will result in [consequences, e.g., penalties, renegotiation of terms, etc.]. The Parties agree to provide regular updates to ensure that all milestones are on track to be completed on time.

Timely performance clause (with extensions for valid reasons)

This clause allows for extensions in certain circumstances.

The Parties agree to complete all deliverables by the deadlines set in this Agreement. However, if either Party is unable to meet the deadline due to unforeseen or valid reasons, including but not limited to health issues, staffing shortages, or other reasonable circumstances, an extension may be granted upon mutual agreement of both Parties. Any extension will be in writing and specify the new deadline.

Timely performance clause (consequences for delay)

This version outlines specific consequences for failure to perform on time.

The Parties agree to meet the deadlines set forth in this Agreement. If either Party fails to perform any obligation by the agreed deadline, they will be required to pay [X%] of the total contract value as liquidated damages for each day of delay, up to a maximum of [X days/weeks]. If the delay exceeds [X] days/weeks, the non-performing Party may be subject to termination of the Agreement.

Timely performance clause (with grace period)

This clause includes a grace period for minor delays.

The Parties agree to complete all tasks according to the timeline outlined in this Agreement. However, a grace period of [X] days will be allowed for minor delays without penalty. If the delay extends beyond the grace period, the Party responsible for the delay will be liable for [penalties, termination, etc.], unless otherwise agreed in writing.

Timely performance clause (exemption for delayed performance due to external factors)

This clause provides an exemption in case of external delays.

The Parties agree to meet all deadlines as set forth in this Agreement. However, if performance is delayed due to external factors, such as third-party delays or government regulations, the Parties agree to mutually extend the deadlines to accommodate the delay. Notice of such delays must be given promptly, and the new performance dates will be agreed upon by both Parties in writing.

Timely performance clause (with monitoring and reporting requirements)

This version requires ongoing monitoring and reporting.

The Parties agree to perform all obligations according to the timeline specified in this Agreement. Each Party will provide regular progress reports to the other Party at [frequency] intervals. These reports will detail progress, any anticipated delays, and corrective actions. If a delay is anticipated, the responsible Party will promptly notify the other Party and propose an updated timeline for completion.

Timely performance clause (performance guarantee)

This clause includes a performance guarantee to ensure timely completion.

The Parties agree to perform their obligations by the specified deadlines. To guarantee timely performance, the [Contractor/Provider] will provide a performance bond or guarantee in the amount of [X], which will be forfeited in the event that performance deadlines are not met. This guarantee is in addition to any penalties or remedies available under this Agreement.

Timely performance clause (with right to terminate for delay)

This version includes the right to terminate if performance is delayed.

The Parties agree to meet all performance deadlines as outlined in this Agreement. If either Party fails to complete any of their obligations by the agreed date, the other Party has the right to terminate the Agreement immediately, without penalty, unless the delay is remedied within [X] days of receiving written notice. Termination will not affect any accrued rights or obligations up to the termination date.

Timely performance clause (with regular updates)

This clause emphasizes regular communication regarding timelines.

The Parties agree to complete all obligations within the agreed timelines. To ensure timely performance, both Parties will provide weekly updates regarding the progress of the tasks, and any potential delays will be communicated promptly. In the event of delays, both Parties will work together to identify solutions and mitigate further delays.

Timely performance clause (with task delegation deadlines)

This version specifies deadlines for delegating tasks.

The Parties agree to complete the tasks outlined in this Agreement within the specified timeframes. The primary Party will delegate responsibilities to the relevant teams or individuals, and each delegated task must be completed by the deadline set forth in the delegation document. Failure to complete any delegated task by the deadline will result in delays and potential penalties.

Timely performance clause (with automatic adjustment of deadlines for certain delays)

This clause allows automatic adjustment of deadlines for specific delays.

The Parties agree that all performance deadlines are critical to the successful completion of this Agreement. In the event of a delay caused by an agreed-upon event (such as force majeure), the deadlines will automatically adjust to account for the delay, provided that notice is given within [X] days of the occurrence of the delay.

Timely performance clause (task-specific deadlines)

This version outlines specific deadlines for different tasks.

The Parties agree to meet specific deadlines for the completion of each task as outlined in Exhibit A. Each task will have its own deadline, and the completion of one task is contingent upon the completion of previous tasks. If any task is delayed beyond its deadline, it may delay the entire project.

Timely performance clause (with extension for reasonable delay)

This clause allows extensions for reasonable delays.

The Parties agree to meet all performance deadlines set forth in this Agreement. However, if a reasonable delay occurs due to circumstances outside the control of the responsible Party, such as supply chain disruptions, the Parties agree to extend the performance deadline by a mutually agreed amount of time. Notice of the delay must be provided as soon as possible.

Timely performance clause (failure to meet deadlines triggers renegotiation)

This version provides for renegotiation if deadlines are missed.

The Parties agree that meeting deadlines is essential to the success of this Agreement. If either Party fails to meet the agreed deadlines, both Parties will engage in renegotiations to revise the timelines and identify solutions to mitigate the impact of the delay. The renegotiated deadlines will be incorporated into an amended Agreement.

Timely performance clause (delivery schedule with milestone review)

This clause includes a delivery schedule and milestone reviews.

The Parties agree to adhere to the delivery schedule outlined in Exhibit B, which includes key milestones for completion. At each milestone, the Parties will review the progress and confirm whether the tasks are on schedule. Delays identified at any milestone will be addressed promptly, and corrective actions will be taken as necessary to stay on track.

Timely performance clause (flexible deadlines for certain tasks)

This version allows for flexibility in deadlines for certain tasks.

The Parties agree that while most deadlines must be met as outlined in this Agreement, certain tasks may have flexible deadlines upon mutual agreement. If a delay in these tasks is anticipated, the Parties will discuss the new timeline and agree to a reasonable extension that does not impact the overall performance of the Agreement.

Timely performance clause (with suspension of services for delay)

This clause allows suspension of services if deadlines are missed.

The Parties agree to complete all tasks in accordance with the agreed timeline. If any Party fails to meet the deadlines, the other Party has the right to suspend its performance under this Agreement until the delay is rectified. Such suspension will not relieve the responsible Party of its obligations or liability for failure to perform.

Timely performance clause (with notification requirement for delays)

This clause mandates notification of delays.

The Parties agree to perform their obligations within the agreed deadlines. If any Party anticipates or experiences a delay in meeting any deadline, they must notify the other Party in writing at least [X] days before the deadline, outlining the reason for the delay and the proposed revised timeline for performance.

Timely performance clause (without extension for delay)

This version does not allow extensions for delays.

The Parties agree that all deadlines specified in this Agreement are strict and binding. Any delay in performance, regardless of the circumstances, will result in immediate penalties or termination of the Agreement, unless otherwise agreed in writing by both Parties. No extensions will be granted for any delays.

Timely performance clause (performance tracking and regular updates)

This clause requires regular tracking and reporting of performance.

The Parties agree to track the progress of all obligations under this Agreement. Regular updates will be provided at [specified intervals] to ensure tasks are completed within the established timeline. Any anticipated delays will be reported immediately, and alternative plans will be developed to mitigate delays.

Timely performance clause (with right to expedite for delay)

This clause provides the right to expedite work if delayed.

The Parties agree to perform all tasks according to the agreed schedule. If any Party experiences delays, the other Party may, at their discretion, expedite the delayed work by allocating additional resources or accelerating the process, at the responsible Party’s expense, to ensure timely completion.

Timely performance clause (with early completion incentive)

This version offers an incentive for early completion.

The Parties agree to meet the deadlines outlined in this Agreement. However, if any Party completes their obligations before the agreed deadline, they will be entitled to a [specified incentive], which may include a financial reward, additional time for other obligations, or other mutually agreed benefits.

Timely performance clause (delays due to regulatory approvals)

This clause accounts for delays caused by regulatory approvals.

The Parties agree to perform all obligations under this Agreement according to the specified timeline. However, if any delay is caused by the time required for regulatory approvals, the deadline for performance will be extended by the amount of time necessary to secure such approvals, provided that the delay is promptly communicated.

Timely performance clause (performance milestones with penalties for delays)

This version includes milestones with penalties for delay.

The Parties agree to complete each performance milestone by the deadlines specified in Exhibit A. If any milestone is missed, the responsible Party will incur a penalty of [X%] of the total contract value for each day the milestone is delayed. These penalties will be deducted from any outstanding payments.

Timely performance clause (adjustable deadlines for specific tasks)

This clause provides flexibility for specific tasks.

The Parties agree to meet the deadlines outlined in this Agreement. However, for certain tasks identified in Exhibit B, deadlines may be adjusted upon mutual agreement, if unforeseen circumstances arise. Any adjustments will be made in writing and ensure no overall delay to the completion of the Agreement.

Timely performance clause (with the option to replace delayed Party)

This clause allows replacing a delayed party.

The Parties agree to meet all performance deadlines specified in this Agreement. If any Party fails to perform their obligations by the agreed deadlines, the other Party has the right to replace the delayed Party with a third party to ensure timely completion of the work, at the delayed Party’s expense.

Timely performance clause (with timeline adjustments for unforeseen events)

This clause provides timeline adjustments for unforeseen events.

The Parties agree to perform their obligations in accordance with the timeline specified. However, if unforeseen events (such as natural disasters, government shutdowns, or other uncontrollable circumstances) prevent timely performance, both Parties will work together to adjust the timeline and ensure that no Party is unfairly penalized for such events.

Timely performance clause (performance obligations based on completion percentage)

This version ties performance to completion percentages.

The Parties agree that the performance of obligations will be evaluated based on the completion percentage at each stage. Each Party is required to complete a specific percentage of the overall work by [X] date. Failure to meet the completion target for any given percentage will result in penalties or other consequences as outlined in this Agreement.

Timely performance clause (with clear deliverable timelines)

This clause outlines clear deliverable timelines.

The Parties agree to adhere to a clear timeline for the delivery of all work products, services, and tasks. Deliverables will be completed by the specified deadlines, and failure to meet a delivery deadline will result in a penalty or renegotiation of the contract terms, as mutually agreed upon.

Timely performance clause (with right to request alternative arrangements in case of delays)

This version allows for alternative arrangements if delays occur.

The Parties agree to complete all obligations within the agreed timelines. However, if a delay occurs, the non-delayed Party has the right to request alternative arrangements, including the use of additional resources, the adjustment of project scope, or other accommodations to maintain the progress of the Agreement.

Timely performance clause (with right to terminate for continuous delay)

This clause allows for termination due to continuous delays.

The Parties agree to perform all obligations by the agreed deadlines. If any Party consistently fails to meet deadlines or delays performance for more than [X] consecutive days, the non-delayed Party has the right to terminate the Agreement with immediate effect, without penalty, and without further obligations.

Timely performance clause (with performance-based payments)

This clause ties payments to performance deadlines.

The Parties agree to meet all deadlines set out in this Agreement. Payments for services rendered will be made upon completion of each performance milestone, as outlined in Exhibit A. Any delays in meeting deadlines will result in a suspension or reduction of payments until the agreed-upon performance is achieved.

Timely performance clause (performance adjustments due to unforeseen delays)

This version provides for adjustments based on unforeseen delays.

The Parties agree to perform all obligations within the specified timelines. If unforeseen delays arise due to external factors, both Parties will mutually agree on an extension of the timeline or make other adjustments to ensure that the obligations are completed without unnecessary disruptions or penalties.

Timely performance clause (including provision for non-completion consequences)

This clause includes consequences for non-completion of obligations.

The Parties agree that all tasks and obligations must be completed within the specified timelines. If either Party fails to complete their work by the agreed deadline, the non-performing Party will be responsible for covering any additional costs incurred, including any required rework or delays caused to the other Party’s performance.

Timely performance clause (setting a final deadline with no further extensions)

This version establishes a final deadline with no further extensions.

The Parties agree to complete all work and tasks by the final deadline of [date]. No further extensions will be granted beyond this date unless both Parties mutually agree in writing. Failure to meet the final deadline will result in penalties, termination, or renegotiation of the terms of the Agreement.

Timely performance clause (conditional extensions for good cause)

This clause allows extensions for good cause.

The Parties agree to complete all obligations within the specified timeline. However, extensions may be granted for good cause if requested by either Party. The requesting Party must provide notice of the delay and demonstrate a reasonable explanation for the delay, and both Parties must agree to any revised deadlines in writing.

Timely performance clause (performance obligations linked to third-party approvals)

This version ties deadlines to third-party approvals.

The Parties agree to complete all obligations within the agreed deadlines, subject to any necessary third-party approvals or clearances. If approval delays occur, the Parties agree to adjust the timeline accordingly, with the affected Party notifying the other of the delay and providing a revised completion date.

Timely performance clause (compliance with project management methodology)

This clause ties performance to a project management methodology.

The Parties agree to perform all tasks using the [specific project management methodology] and to meet all deadlines specified in the project plan. Any delays in the project schedule will be addressed by updating the project plan, reassigning resources, or adjusting scope, with the agreement of both Parties.

Timely performance clause (performance tied to critical project dependencies)

This clause ties timely performance to critical project dependencies.

The Parties agree to meet all deadlines outlined in this Agreement, with the understanding that timely performance of each obligation is dependent on critical inputs or actions from the other Party. If there are delays in the provision of necessary resources or dependencies, the affected Party must notify the other Party promptly and request an extension of the timeline.

Timely performance clause (with early termination for continued delays)

This version allows for early termination if delays continue.

The Parties agree to perform all obligations within the set timeline. If any Party experiences continued delays for more than [X] consecutive days, the other Party has the right to terminate the Agreement with immediate effect. This termination will not result in liability or penalties, provided the delays are not due to force majeure.

Timely performance clause (adjustable deadlines for mutually agreed changes)

This clause allows for adjustable deadlines when changes are mutually agreed upon.

The Parties agree that performance deadlines are flexible in cases where significant changes are made to the scope of work. Any changes to the timeline must be mutually agreed upon in writing, and an adjusted deadline will be established to reflect the scope change.

Timely performance clause (with progress benchmarks for on-time delivery)

This clause includes progress benchmarks to ensure on-time delivery.

The Parties agree to meet the agreed-upon deadlines, with the understanding that progress will be monitored using specific benchmarks. Regular progress checks will occur at [specified intervals] to ensure that performance stays on track. Failure to meet these progress checks will trigger a review of the timelines and potential penalties for delay.

Timely performance clause (with grace period for minor delays)

This version includes a grace period for minor delays.

The Parties agree to complete all obligations within the agreed deadlines. However, a grace period of [X] days will be allowed for minor delays that do not materially affect the overall performance or completion of the work. If the delay extends beyond the grace period, the responsible Party will be liable for penalties or damages.

Timely performance clause (with agreed-upon performance schedule)

This clause requires the creation of an agreed-upon performance schedule.

The Parties agree to meet the deadlines specified in the performance schedule outlined in Exhibit A. The schedule will include key dates for the completion of deliverables and tasks. Any delay in meeting these scheduled deadlines must be promptly communicated to the other Party, and an updated schedule will be agreed upon.

Timely performance clause (with exception for unforeseen delays)

This version allows for exceptions in the event of unforeseen delays.

The Parties agree to complete all obligations within the specified timeline. If unforeseen circumstances arise, such as natural disasters or other force majeure events, the responsible Party will notify the other Party within [X] days. Upon verification of such delays, the timeline will be adjusted accordingly without penalty.

Timely performance clause (with mitigation for delays due to supplier issues)

This clause provides mitigation for delays caused by suppliers.

The Parties agree that any delays caused by suppliers or subcontractors will not automatically result in penalties or termination, provided that the responsible Party takes immediate corrective action. If delays occur due to supplier issues, the affected Party must notify the other Party and provide a plan to mitigate the delay, including adjusted timelines.

Timely performance clause (with specified completion time for each deliverable)

This version sets a specific completion time for each deliverable.

The Parties agree to complete each deliverable according to the timeline specified in Exhibit B. Each deliverable will have a designated completion time, and the responsible Party must meet these deadlines. Failure to meet the deadline for any deliverable will result in penalties or renegotiation of terms.

Timely performance clause (performance with alternative arrangements if delayed)

This clause allows for alternative arrangements if a delay occurs.

The Parties agree to meet all deadlines, but in the event of a delay, the responsible Party must propose alternative arrangements to complete the work. These arrangements will be subject to the approval of both Parties and may include additional resources or adjusted timelines to avoid further disruption.

Timely performance clause (with penalties for missed deadlines)

This version imposes penalties for missed deadlines.

The Parties agree to meet the deadlines specified in this Agreement. If any Party misses a deadline, the responsible Party will incur a penalty of [X]% of the total project cost for each day of delay. These penalties will be deducted from any outstanding payments due under this Agreement.

This clause requires written consent for any deadline extensions.

The Parties agree to perform all obligations by the agreed deadlines. If either Party is unable to meet a deadline, they must request an extension in writing, and the extension will only be granted with the written consent of both Parties. The new deadline will be established based on the circumstances of the delay.

Timely performance clause (with completion status reports)

This version requires completion status reports.

The Parties agree to provide regular status reports to monitor progress against deadlines. These reports will be submitted at [specified intervals] and will detail the status of all deliverables, any potential delays, and the steps being taken to mitigate these delays. Failure to provide timely status reports may result in penalties or other consequences.

Timely performance clause (with expedited delivery options)

This clause allows for expedited delivery if necessary.

The Parties agree to perform all obligations in a timely manner. If any Party anticipates a delay, the responsible Party may expedite the delivery of work by allocating additional resources or using other measures to speed up the process. The cost of expedited delivery will be borne by the Party responsible for the delay.

Timely performance clause (with right to request adjustments for delays)

This clause allows for adjustments upon request if delays occur.

The Parties agree to meet all deadlines as outlined in this Agreement. If any Party experiences a delay, they must notify the other Party promptly and request adjustments to the timeline. Both Parties will agree on the revised schedule based on the delay, and the adjusted deadlines will be incorporated into the Agreement in writing.

Timely performance clause (with assessment of delays based on specific criteria)

This version assesses delays based on specific criteria.

The Parties agree to complete all obligations by the agreed deadlines. If a delay occurs, it will be assessed based on specific criteria such as the nature of the task, the cause of the delay, and the impact on the overall project. The responsible Party must provide a report detailing these criteria and propose a revised timeline if needed.

Timely performance clause (with collaborative action for delays)

This clause emphasizes collaboration for resolving delays.

The Parties agree to meet all deadlines, and in the event of a delay, both Parties will collaborate to find a solution. This may include reallocating resources, adjusting the scope of work, or extending deadlines to ensure that the project is completed as efficiently as possible without affecting the quality of the deliverables.

Timely performance clause (with grace period for major delays)

This clause allows for a grace period for major delays.

The Parties agree to meet all deadlines specified in this Agreement. In the event of a major delay, the responsible Party will be granted a grace period of [X] days, within which they must resolve the delay. If the delay continues beyond the grace period, penalties may be applied, or the Agreement may be terminated.

Timely performance clause (with interim progress reviews)

This version includes interim progress reviews.

The Parties agree to meet all deadlines, with interim progress reviews at [specified intervals] to ensure that tasks are on track. These reviews will identify potential delays and provide an opportunity to address any issues before they affect the final deadline.

Timely performance clause (with specified consequences for failure to meet deadlines)

This clause outlines consequences for failure to meet deadlines.

The Parties agree to meet the deadlines outlined in this Agreement. If any Party fails to meet a deadline, they will be required to pay [specified compensation] to the other Party for each day the task is delayed. If delays exceed [X] days, the non-performing Party may be subject to termination of the Agreement or other contractual penalties.

Timely performance clause (with regular schedule updates)

This version includes regular schedule updates to track progress.

The Parties agree to perform all obligations according to the established schedule. Both Parties will provide regular schedule updates at [specified intervals], which will track progress, identify potential delays, and provide a plan to ensure deadlines are met.

Timely performance clause (with performance-driven penalties)

This clause introduces performance-driven penalties for delays.

The Parties agree to adhere to the deadlines specified in this Agreement. If any Party fails to meet the deadlines, they will incur a penalty of [X]% of the total contract amount for each day of delay. This penalty will be deducted from the payment due to the responsible Party, and continued delays may result in termination of the Agreement.

Timely performance clause (with clear notification requirements)

This version requires clear notification of delays.

The Parties agree to complete all obligations within the agreed timeline. If a Party anticipates or experiences a delay, they must notify the other Party within [X] hours of the delay occurring. The notification must include the cause of the delay, proposed corrective actions, and a revised completion date.

Timely performance clause (with mutually agreed revised schedule)

This clause allows for a mutually agreed revised schedule.

The Parties agree to complete all deliverables by the deadlines outlined in this Agreement. However, if delays are encountered, both Parties will agree to a revised schedule. This revised schedule must be agreed to in writing by both Parties, and it will form an amendment to the original Agreement.

Timely performance clause (with automatic extension for certain delays)

This clause grants automatic extensions for certain delays.

The Parties agree to complete all tasks within the specified deadlines. If a delay occurs due to a force majeure event, such as a natural disaster or government action, the deadline will automatically be extended by the duration of the event. Both Parties agree to communicate promptly in such situations.

Timely performance clause (with additional resources to compensate for delays)

This version allows for adding resources to compensate for delays.

The Parties agree to meet all deadlines set forth in this Agreement. If any delay occurs, the responsible Party will allocate additional resources, including personnel, to expedite the delayed tasks and minimize the impact on the overall project timeline.

Timely performance clause (with milestone assessments and penalties)

This clause includes milestone assessments with penalties for missed deadlines.

The Parties agree to adhere to the deadlines for each milestone outlined in Exhibit A. If any milestone is missed, the responsible Party will incur a penalty of [X]% of the milestone payment for each day of delay. The Parties will review progress at each milestone to ensure the project stays on schedule.

Timely performance clause (with option for expedited performance at extra cost)

This clause provides an option for expedited performance.

The Parties agree to complete all deliverables within the agreed timeline. If a delay is anticipated, the responsible Party may expedite the process by allocating additional resources or adjusting processes, with any additional costs borne by the Party responsible for the delay.

Timely performance clause (with third-party intervention for delays)

This version allows third-party intervention if delays occur.

The Parties agree to meet all deadlines specified in this Agreement. If any Party fails to meet a deadline, the Parties will engage a neutral third party to assess the delay and recommend solutions. The responsible Party will implement the recommendations of the third party to avoid further delays.

Timely performance clause (with performance-based bonus for early completion)

This clause includes a performance-based bonus for early completion.

The Parties agree to meet all deadlines set forth in this Agreement. If either Party completes their obligations ahead of schedule, a bonus of [X]% of the contract value will be awarded to the Party who completes their tasks early. This bonus will be paid out once the obligations are fully completed.

Timely performance clause (with right to terminate for continued delay)

This clause grants the right to terminate for continued delays.

The Parties agree that timely performance is essential to the success of this Agreement. If a Party fails to meet the deadlines for [X] consecutive days, the other Party may terminate the Agreement with immediate effect. The terminating Party will not be liable for penalties or damages resulting from termination.

Timely performance clause (with agreed schedule updates after major delays)

This version requires agreed schedule updates after major delays.

The Parties agree to perform their obligations within the set timelines. If a major delay occurs, the responsible Party must propose a revised schedule to the other Party within [X] days of the delay. Both Parties will mutually agree on the revised schedule to ensure continued progress toward completion.

Timely performance clause (with allowance for reasonable delays)

This clause allows for reasonable delays under certain circumstances.

The Parties agree to complete all obligations by the deadlines set forth in this Agreement. However, reasonable delays caused by circumstances beyond the control of either Party, such as unforeseen technical issues or weather events, will be allowed. Any delay must be promptly communicated, and the deadline will be adjusted accordingly.

This clause provides for dispute resolution related to delays.

The Parties agree to adhere to all deadlines specified in this Agreement. In the event of a delay, the Parties will work together to resolve any related issues through a dispute resolution process, including mediation or arbitration, to ensure the project continues on schedule without excessive disruption.

Timely performance clause (with alternative plans for delay mitigation)

This version allows for alternative plans if delays occur.

The Parties agree to complete all deliverables within the agreed timeline. If delays occur, the responsible Party must propose an alternative plan to mitigate the delay, including potential solutions such as increasing working hours, hiring additional personnel, or adjusting the scope of work. Both Parties must agree to any modifications to the original plan.

Timely performance clause (with review of timeline upon delay)

This clause mandates a review of the timeline if there is a delay.

The Parties agree to meet all deadlines as outlined in this Agreement. If a delay occurs, the Parties will review the timeline and determine whether adjustments are needed. The responsible Party must provide a detailed report of the causes of the delay and propose a revised schedule, subject to approval by both Parties.

Timely performance clause (with guarantee of on-time delivery)

This version guarantees on-time delivery.

The Parties agree to perform all obligations within the specified timeframes. The responsible Party guarantees on-time delivery of all tasks and deliverables, and failure to meet any deadline will result in penalties or termination of the Agreement, as specified in Exhibit C.

Timely performance clause (with progressive penalties for delayed milestones)

This clause includes progressive penalties for missed milestones.

The Parties agree to complete each milestone by the deadlines specified in Exhibit A. If a Party fails to meet the deadline for any milestone, a penalty of [X]% of the milestone value will apply for each day of delay. The penalties will increase progressively for each consecutive delayed milestone.

Timely performance clause (with extended deadlines for critical delays)

This version allows extended deadlines for critical delays.

The Parties agree to complete all deliverables on time. However, if a critical delay arises due to circumstances such as regulatory approvals, the affected Party may request an extension to the deadline. The request for an extension must be supported by valid documentation, and the new deadline will be mutually agreed upon by both Parties.

Timely performance clause (with performance guarantee for contractors)

This clause includes a performance guarantee for contractors.

The Parties agree that all contractors involved in the performance of this Agreement will complete their tasks within the agreed deadlines. The contractor will provide a performance guarantee in the form of a bond or insurance that will be forfeited in case of failure to meet the deadlines or fulfill the obligations.

Timely performance clause (with right to prioritize urgent tasks)

This version allows prioritization of urgent tasks if delays occur.

The Parties agree to meet all deadlines set forth in this Agreement. In the event of delays, the non-delayed Party has the right to prioritize urgent tasks to ensure that the most critical deliverables are completed on time, even if it requires reallocating resources or adjusting the schedule for other tasks.

Timely performance clause (with collaborative effort for timely completion)

This clause emphasizes collaborative effort to ensure timely completion.

The Parties agree to meet all deadlines set forth in this Agreement and to collaborate fully to ensure timely performance. If delays are anticipated, the Parties will work together to identify solutions, including reallocating resources, adjusting processes, or implementing additional strategies to mitigate the delay and keep the project on track.

This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.

Last updated 17 Apr 2025