7 COMPLETION PERIOD
1. The binding completion period is the one agreed and accepted in the Contract. Unless otherwise defined in the Contract, the completion period begins as soon as all preliminary requirements for the commencement of the provision of the Services/Products have been fulfilled by both Parties according to the Contract.
2. The agreed completion period shall be deemed to have been complied with if, upon its expiry, the Plant is ready for the agreed operation, even though individual parts may still be missing or some readjustments may still be necessary.
3. The completion period shall be extended for a reasonable term agreed between the Parties if: a) the information required for performance of the Contract is not made available to Seller on the agreed term or is incomplete, or b) the Buyer subsequently changes such information and such changes could influence the time of execution of the activities, or c) the Buyer or a third party is in delay with work it has to execute, which delay impacts on performance of Services, or d) the Buyer is in delay in the performance
of its contractual obligations, or e) Services/Products are affected by impediments which Seller, despite the use of the required level of care, cannot prevent, regardless of whether such impediments arise at Seller’s, Buyer’s or a third party’s premises, such impediments including without limitation any act or omissions by any state authorities or f) the performance of any work or supply of material not included in the Services or Products under the Contract, which becomes necessary during the execution of Services
and/or is requested by the Buyer, which execution could influence the time of performance of the activities.
4. If the agreed completion period is not complied with by Seller, and the cause of delay is attributable to the Seller, then the Buyer may claim Liquidated Damages for delay
5. If a specific date is agreed instead of a completion period, such date shall correspond to the last day of the agreed completion period for the purposes of this article.
6. All claims of the Buyer arising from or in connection with delays in the performance of the Contract, excluding the event of gross negligence or wilful misconduct by Seller, are regulated expressly and exhaustively by this Clause. Other and further claims are excluded.