Common use of Achievement of Project Completion Clause in Contracts

Achievement of Project Completion. Client shall, within ten (10) business days following receipt of the Notice of Project Completion, inspect the Facility and all Work and either: (a) Deliver to Contractor a notification that the requirements under clauses (a) through (f) of Section 6.7.1 have been satisfied and that Project Completion has been achieved, in which case the date of achievement of Project Completion shall be the date on which Contractor provides the Notice of Project Completion to Client; or (b) Notify Contractor that Project Completion has not been achieved, stating the reasons therefore, in which case Contractor shall promptly take such action as will achieve Project Completion. Such procedure shall be repeated as necessary until Project Completion has been achieved.

Appears in 1 contract

Sources: Engineering, Procurement and Construction Agreement (BioFuel Energy Corp.)

Achievement of Project Completion. Client shall, within ten (10) business days following receipt of the Notice of Project Completion, inspect the Facility and all Work and either:: * Certain confidential information on this page has been omitted and filed separately with the Securities and Exchange Commission. (a) Deliver to Contractor a notification that the requirements under clauses (a) through (f) of Section 6.7.1 have been satisfied and that Project Completion has been achieved, in which case the date of achievement of Project Completion shall be the date on which Contractor provides the Notice of Project Completion to Client; or (b) Notify Contractor that Project Completion has not been achieved, stating the reasons therefore, in which case Contractor shall promptly take such action as will achieve Project Completion. Such procedure shall be repeated as necessary until Project Completion has been achieved.

Appears in 1 contract

Sources: Engineering, Procurement and Construction Agreement (BioFuel Energy Corp.)