Contract article dedicated to the rules for calculating deadlines for the fulfillment of obligations.
The article provides detailed general provisions, stating that all deadlines are established and calculated in accordance with Chapter 11 of the Civil Code of the Russian Federation, unless otherwise specified by the contract or applicable law.
Special attention is given to the methods of determining deadlines: by calendar date, by a period of time, or by the occurrence of a specific event. The document also clarifies the interpretation of terms such as "immediately" and "without delay."
The document thoroughly explains the rules for the commencement and expiration of deadlines, including specific provisions for cases when a deadline falls on a non-working day. It describes the procedure for performing actions on the last day of the deadline, including the nuances of document delivery and the definition of working days according to the Russian production calendar.
The article also sets out special rules for calculating deadlines within the contract, including the possibility of amending deadlines by mutual agreement and the suspension of deadlines in the event of force majeure.
This section of the contract ensures transparency and clarity in the calculation of deadlines, minimizing the risk of disputes between the parties and promoting the effective fulfillment of contractual obligations.