Alaska Extended Date for Performance

• Category: Contracts - Extensions
• State: Multi-State
• Control #: US-02969BG
• Format: Word; Rich Text

Description

This is basically a modification of the original contract. Modification is written change made to a contract. It may be unilateral in accordance with the changes clause in the contract or bilateral. Modification may introduce or cancel specifications or terms of a contract without effecting the purpose of the contract. Unilateral modifications are changed usually through a modification order and mutually agreed change is made by a supplemental agreement. It is also called contract amendment or modification of a contract. Alaska Extended Date for Performance is a legal concept that applies to contracts and agreements. It is a provision that allows parties involved in an agreement to extend the performance or completion date of the contract beyond the originally specified timeline. This extension can be granted due to various reasons such as unforeseen circumstances, delays, or other valid justifications. Keywords: Alaska, Extended Date for Performance, contracts, agreements, provision, completion date, unforeseen circumstances, delays, valid justifications. There are different types of Alaska Extended Date for Performance that can be specified in contracts depending on the nature of the agreement: 1. Force Mature Extension: This type of extension is invoked when unpredictable events, such as natural disasters, acts of war, or government actions, prevent one or both parties from fulfilling their obligations within the agreed timeline. The Alaska Extended Date for Performance provision allows parties to delay the completion date until the circumstances improve or are resolved. 2. Mutual Agreement Extension: In some cases, both parties may agree to extend the performance date beyond the original terms, even without any specific reason or external factors. This type of extension is typically discussed and negotiated between the parties involved and documented in writing through an addendum or an amendment to the original contract. 3. Unilateral Extension: This type of extension is typically granted when unforeseen circumstances or external factors affect one party's ability to fulfill their obligations within the agreed timeline. The Alaska Extended Date for Performance provision allows the affected party to request an extension without requiring the other party's consent. However, the affected party typically needs to demonstrate valid justifications for the extension. 4. Customized Extension: Depending on the specific requirements of a contract or agreement, parties may define their own unique provisions for extending the performance date. This customized provision can outline specific conditions, requirements, or limitations that must be met for the extension to be granted. It allows parties to tailor the Alaska Extended Date for Performance clause to their specific needs. In summary, Alaska Extended Date for Performance is a contractual provision that allows parties to extend the completion or performance date of an agreement beyond the originally specified timeline. Different types of extensions, such as force majeure, mutual agreement, unilateral, and customized extensions, can be specified in the contract based on the circumstances and the nature of the agreement.

Alaska Extended Date for Performance is a legal concept that applies to contracts and agreements. It is a provision that allows parties involved in an agreement to extend the performance or completion date of the contract beyond the originally specified timeline. This extension can be granted due to various reasons such as unforeseen circumstances, delays, or other valid justifications. Keywords: Alaska, Extended Date for Performance, contracts, agreements, provision, completion date, unforeseen circumstances, delays, valid justifications. There are different types of Alaska Extended Date for Performance that can be specified in contracts depending on the nature of the agreement: 1. Force Mature Extension: This type of extension is invoked when unpredictable events, such as natural disasters, acts of war, or government actions, prevent one or both parties from fulfilling their obligations within the agreed timeline. The Alaska Extended Date for Performance provision allows parties to delay the completion date until the circumstances improve or are resolved. 2. Mutual Agreement Extension: In some cases, both parties may agree to extend the performance date beyond the original terms, even without any specific reason or external factors. This type of extension is typically discussed and negotiated between the parties involved and documented in writing through an addendum or an amendment to the original contract. 3. Unilateral Extension: This type of extension is typically granted when unforeseen circumstances or external factors affect one party's ability to fulfill their obligations within the agreed timeline. The Alaska Extended Date for Performance provision allows the affected party to request an extension without requiring the other party's consent. However, the affected party typically needs to demonstrate valid justifications for the extension. 4. Customized Extension: Depending on the specific requirements of a contract or agreement, parties may define their own unique provisions for extending the performance date. This customized provision can outline specific conditions, requirements, or limitations that must be met for the extension to be granted. It allows parties to tailor the Alaska Extended Date for Performance clause to their specific needs. In summary, Alaska Extended Date for Performance is a contractual provision that allows parties to extend the completion or performance date of an agreement beyond the originally specified timeline. Different types of extensions, such as force majeure, mutual agreement, unilateral, and customized extensions, can be specified in the contract based on the circumstances and the nature of the agreement.