time is of the essence

短语
中文释义

英文释义

短语
  1. Time is an essential consideration (in regard to an action or response); haste is necessary.
    — Near-synonyms: no time to lose, clock is ticking, clock is running, time is ticking, time is short; tick-tock (interjection)
  2. Failure to complete the required performance by the date certain set forth will constitute an incurable breach.
    — Most construction phase agreements and some pre-construction agreements contain a time is of the essence provision. If time is of the essence, a delay caused by the fault of the construction manager would constitute a breach of contract and could result in the construction manager's being liable for damages incurred by the owner as a result of the delay. If there is no time is of the essence provision, reasonableness will be the guide when measuring the timelines of the services provided by the construction manager.
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