Consequential variations to Target Date and Target Study Cost Sample Clauses

The 'Consequential variations to Target Date and Target Study Cost' clause defines how changes to a project's scope or requirements can impact both the agreed-upon completion date and the projected costs. When a variation is approved—such as an adjustment in deliverables or timelines—this clause outlines the process for recalculating the target date and the study's budget to reflect the new circumstances. Its core function is to ensure that both parties have a clear, agreed method for updating key project parameters, thereby minimizing disputes and maintaining alignment as the project evolves.
Consequential variations to Target Date and Target Study Cost. If Aurizon Network considers that a proposed variation or a variation (as applicable) to the Scope of Works under clauses 8.1 or 8.2 requires a consequential variation to the Target Date and/or the Target Study Cost, the applicable Variation Notice may also request the consent of All Study Funders to vary the Target Date and/or the Target Study Cost (as applicable) as proposed in the Variation Notice.
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Consequential variations to Target Date and Target Study Cost. (a) If Aurizon Network considers that a proposed variation or a variation (as applicable) to the Scope of Works under clauses 9.1 or 9.2 requires a consequential variation to the Target Date and/or the Target Study Cost: (i) the applicable Variation Notice may also request the consent of All Study Funders to vary the Target Date and/or the Target Study Cost (as applicable) as proposed in the Variation Notice; and (ii) for the avoidance of doubt, where clause 9.1 applies, the process outlined in clause 9.1 also applies to the proposed consequential variation to the Target Date and/or the Target Study Cost. (b) A notice given under clause 9.3(a)(i) must include details of: (i) the proposed variation of Target Date and/or the Target Study Cost (as applicable); and (ii) why Aurizon Network considers that the variation(s) is or are (as applicable) reasonable as a result of the variation of the Scope of Works.
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Consequential variations to Target Date and Target Study Cost. 34 8.4 Variations arising under a Variation Notice given under clause 8.1 34 8.5 Expert determination if Target Date and/or Target Study Cost not agreed 35
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Related to Consequential variations to Target Date and Target Study Cost

  • Multi-year Planning Targets Schedule A may reflect an allocation for the first Funding Year of this Agreement as well as planning targets for up to two additional years, consistent with the term of this Agreement. In such an event, the HSP acknowledges that if it is provided with planning targets, these targets: a. are targets only, b. are provided solely for the purposes of planning, c. are subject to confirmation, and d. may be changed at the discretion of the Funder in consultation with the HSP. The HSP will proactively manage the risks associated with multi-year planning and the potential changes to the planning targets; and the Funder agrees that it will communicate any changes to the planning targets as soon as reasonably possible.

  • Project Specific Milestones In addition to the milestones stated in Section 212.5 of the Tariff, as applicable, during the term of this ISA, Interconnection Customer shall ensure that it meets each of the following development milestones: 6.1 Substantial Site work completed. On or before July 1, 2021, Interconnection Customer must demonstrate completion of at least 20% of project site construction. At this time, Interconnection Customer must submit to Interconnected Transmission Owner and Transmission Provider initial drawings, certified by a professional engineer, of the Customer Interconnection Facilities. 6.2 Delivery of major electrical equipment. On or before July 15, 2021, Interconnection Customer must demonstrate that all generating units have been delivered to Interconnection Customer’s project site.

  • Development Schedule The Project shall substantially comply with the specific timetables and triggers for action set forth in Article 5 of this Agreement. The parties acknowledge that, as provided in G.S. 160A-400.25(b), the failure to meet a commencement or completion date shall not, in and of itself, constitute a material breach of this Agreement pursuant to G.S. 160A-400.27 but must be judged based upon the totality of the circumstances.

  • Development Milestones In addition to its obligations under Paragraph 7.1, LICENSEE specifically commits to achieving (either itself or through the acts of a SUBLICENSEE) the following development milestones in its diligence activities under this AGREEMENT: (a) (b).

  • SCHEDULE AND MILESTONES The Parties shall execute one (1) Annex concurrently with this Umbrella Agreement. The initial Annex and any subsequent Annexes will be performed on the schedule and in accordance with the milestones set forth in each respective Annex.