Conditions Precedent to Commissioning Clause Samples

The 'Conditions Precedent to Commissioning' clause defines the specific requirements or actions that must be fulfilled before a project or system can be officially commissioned and put into operation. Typically, this may include obtaining necessary permits, completing safety checks, or ensuring all contractual deliverables are met. By clearly outlining these prerequisites, the clause ensures that commissioning only occurs when all essential criteria are satisfied, thereby reducing risks and ensuring readiness for operation.
Conditions Precedent to Commissioning. 4.1.1 Save and except as expressly provided in Articles 4, 9, and 10 , or unless the context otherwise requires, the respective rights and obligations of the Parties under this Agreement shall be subject to the satisfaction in full of the conditions precedent specified in this Clause 4.1 (the “Conditions Precedent”). 4.1.2 SPD and Railways have to satisfy the conditions precedents to commissioning of the project as per the timelines in the Schedule N. The Conditions Precedent required to be satisfied by Railways shall be deemed to have been fulfilled when Railways shall have: (a) given to the SPD the Right of Use of Railway land (if applicable) in accordance with the provisions of Article 10; (b) provided approval for the general arrangement Drawings submitted by the SPD along with the notice, to enable the SPD to install the solar project in accordance with the Specifications and Standards and subject to the terms and conditions specified in such approval; (c) Not used (d) A Monthly Monitoring Group (MMG) will be formed as mentioned in clause
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Conditions Precedent to Commissioning. 4.1.1 Save and except as expressly provided in Articles 4, 9, and 10 , or unless the context otherwise requires, the respective rights and obligations of the Parties under this Agreement shall be subject to the satisfaction in full of the conditions precedent specified in this Clause 4.1 (the “Conditions Precedent”). 4.1.2 SPD and Railways have to satisfy the conditions precedents to commissioning of the project as per the timelines in the Schedule N. The Conditions Precedent required to be satisfied by Railways shall be deemed to have been fulfilled when Railways shall have: (a) given to the SPD the Right of Use of Railway land in accordance with the provisions of Article 10; (b) provided approval for the general arrangement Drawings submitted by the SPD along with the notice, to enable the SPD to install the solar project in accordance with the Specifications and Standards and subject to the terms and conditions specified in such approval; (c) Not used (d) A Monthly Monitoring Group (MMG) will be formed as mentioned in clause 5.3.4. MMG shall remain in existence during the construction of the project to monitor monthly progress of the Project. In case of any issue with regards to th infrastructure requirements for accessing the site, Right of Use, Finalisation of Drawing & Interconnection Plan, and any other issues related to project implementation, MMG shall work towards rectifying and finalizing the project within the time frame as highlighted in Schedule N. The MMG will monitor the project plan and its implementation and also highlight key issues (both at the Railways and SPD level which might cause a delay in the commissioning of the project). These delays / perspective delays shall be captured in the minutes of the meeting along with the responsibilities and timeline for curing these. The MMG and its minutes will also be used to arrive at the party responsible for the delay in commissioning. (e) Not used 4.1.3 The Conditions Precedent required to be satisfied by the SPD prior to the Commissioning shall be deemed to have been fulfilled when the SPD shall have: (a) provided Performance Security to Railways; (b) executed and procured execution of the Escrow Agreement; (c) executed and procured execution of the Substitution Agreement; (d) provided a notice to Railways on meeting their conditions precedent along with a set of drawings, interconnection plan and project completion schedule to be approved by Railways. The project completion schedule shall b...
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Related to Conditions Precedent to Commissioning

  • Conditions Precedent to EFFECTIVENESS OF SECTIONS 2.01 AND 2.03. Sections 2.01 and 2.03 of this Agreement shall become effective on and as of the first date (the "EFFECTIVE DATE") on which the following conditions precedent to the initial Advance by any Lender have been satisfied: (a) There shall exist no action, suit, investigation, litigation or proceeding affecting the Company or any of its Consolidated Subsidiaries pending or threatened before any court, governmental agency or arbitrator that (i) could be reasonably likely to have a Material Adverse Effect or (ii) purports to affect the legality, validity or enforceability of this Agreement or any Note or the consummation of the transactions contemplated hereby. (b) Nothing shall have come to the attention of the Lenders during the course of their due diligence investigation to lead them to believe that the Information Memorandum was or has become misleading, incorrect or incomplete in any material respect; without limiting the generality of the foregoing, the Lenders shall have been given such access to the management, records, books of account, contracts and properties of the Company and its Consolidated Subsidiaries as they shall have reasonably requested as a basis for making its decision to enter into its commitment hereunder. (c) All governmental and third party consents and approvals necessary in connection with the transactions by the Company contemplated hereby shall have been obtained (without the imposition of any conditions that are not acceptable to the Lenders) and shall remain in effect, and no law or regulation shall be applicable in the reasonable judgment of the Lenders that restrains, prevents or imposes materially adverse conditions upon the transactions contemplated hereby. (d) The Company shall have notified the Agent in writing as to the proposed Effective Date. (e) The Company shall have paid all accrued fees and expenses of the Agent and the Lenders (including the invoiced accrued fees and expenses of counsel to the Agent). (f) On the Effective Date, the following statements shall be true and the Agent shall have received for the account of each Lender a certificate signed by a duly authorized officer of the Company, dated the Effective Date, stating that: (i) The representations and warranties contained in Section 4.01 are correct on and as of the Effective Date, and (ii) No event has occurred and is continuing that constitutes a Default. (g) The Agent shall have received on or before the Effective Date the following, each dated such day, in form and substance satisfactory to the Agent and (except for the Revolving Credit Notes) in sufficient copies for each Lender: (i) The Revolving Credit Notes of the Company to the order of the Lenders to the extent requested by any Lender pursuant to Section 2.16. (ii) Certified copies of the resolutions of the Board of Directors of the Company approving this Agreement and the Notes to be delivered by it, and of all documents evidencing other necessary corporate action and governmental approvals, if any, with respect to this Agreement and the Notes to be delivered by it. (iii) A certificate of the Secretary or an Assistant Secretary of the Company certifying the names and true signatures of the officers of the Company authorized to sign this Agreement and the Notes to be delivered by it and the other documents to be delivered by it hereunder. (iv) A favorable opinion of Nicholas J. Camera, General Counsel of the Compa▇▇, ▇▇▇ ▇▇ ▇leary, Gottlieb, Steen & Hamilton, counsel for the Company, substan▇▇▇▇▇y in the form of Exhibits D-1 and D-2 hereto, respectively. (v) A favorable opinion of Shearman & Sterling, counsel for the Agent, in form and substance satisfactory to the Agent. (h) The termination of the commitments of the Lenders and the payment in full of all Debt outstanding under the bilateral credit agreements and other confirmed lines of credit listed on Schedule 3.01(h).

  • CONDITIONS PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

  • Conditions Precedent to Closing The Local Church and Annual Conference acknowledge and agree that the obligations of the parties to effectuate the Closing on or about the Disaffiliation Date are expressly contingent and conditional on the following:

  • Conditions Precedent to Buyer’s Obligations Each and every obligation of Buyer to be performed on the Closing Date shall be subject to the satisfaction prior to or at the Closing of each of the following conditions:

  • Conditions Precedent This Amendment shall become effective as of the date hereof (the “Amendment Effective Date”), subject to the satisfaction of the following conditions precedent: