Construction and Completion of the Project Clause Samples

The 'Construction and Completion of the Project' clause defines the obligations and standards for building and finishing the project as specified in the contract. It typically outlines the timeline for construction, the quality requirements, and the responsibilities of the parties involved, such as the contractor's duty to follow approved plans and obtain necessary permits. This clause ensures that the project is completed according to agreed specifications and within the set timeframe, thereby providing clarity and accountability for both parties and reducing the risk of disputes over project delivery.
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Construction and Completion of the Project. SECTION 6.01. Plans and Specifications; Construction Contracts 18 SECTION 6.02. Engineer 18 SECTION 6.03. Compliance with Law 18 SECTION 6.04. ▇▇▇▇▇-▇▇▇▇▇ Wage Rate Requirements 19 SECTION 6.05. Use of American Iron and Steel Products 19 SECTION 6.06. Payment of Additional Costs of the Project 20 SECTION 6.07. Completion Certificate 20
Construction and Completion of the Project. The Corporation hereby represents that it has caused the Project to be completed and acknowledges that it shall not be entitled to any reimbursement for the cost of construction of the Project from the Authority, the Trustee or the Holders of the Bonds, nor shall it be entitled to any diminution or postponement of the payments required to be paid by the Corporation pursuant to this Participation Agreement or the First Mortgage Bonds.
Construction and Completion of the Project. SECTION 6.01. Plans and Specifications; Construction Contracts 19 SECTION 6.02. Engineer 19 SECTION 6.03. Compliance with Law 19 SECTION 6.04. ▇▇▇▇▇-▇▇▇▇▇ Wage Rate Requirements 20 SECTION 6.05. Use of American Iron and Steel Products 20 SECTION 6.06. Payment of Additional Costs of the Project 21 SECTION 6.07. Completion Certificate 21 SECTION 7.01. Disbursement of Loan Proceeds 22 SECTION 7.02. Disbursement Procedure 22 SECTION 7.03. Modified Disbursement Procedure 23 SECTION 7.04. Reimbursement of Certain Costs 23 SECTION 7.05. Inspections; Possession of Project 24 SECTION 7.06. Conditions Precedent 24 SECTION 7.07. Conditions to all Disbursements 25 SECTION 7.08. Conditions to Disbursement of Retainage 26 SECTION 8.01. Operation of the System 27 SECTION 8.02. Sewer Charges and Connections 27 SECTION 8.03. User Fees 28 SECTION 8.04. Annual Review of User Fees 28 SECTION 8.05. Financial Records; Annual Audit 28 SECTION 8.06. Consulting Engineer 29 SECTION 8.07. Prohibition Against Liens 30 SECTION 8.08. Insurance 30 SECTION 8.09. Fidelity Bonds 30 SECTION 8.10. Competitive Franchises 30 SECTION 8.11. Equal Opportunity 30 SECTION 8.12. Access to Books 30 SECTION 9.01. Issuance of Additional Parity Obligations 31 SECTION 9.02. Junior and Subordinate Lien Obligations 31 SECTION 10.01. Events of Default 32 SECTION 10.02. Notice of Default 32 SECTION 10.03. Remedies on Default 32 SECTION 10.04. Appointment of Engineer; Required Reports 33 SECTION 10.05. Appointment of Receiver 33 SECTION 10.06. Attorney's Fees and Other Expenses 33 SECTION 10.07. Application of Moneys 34 SECTION 10.08. No Remedy Exclusive; Waiver; Notice 34 SECTION 10.09. Retention of Department's Right 34 SECTION 10.10. Default by Department 34
Construction and Completion of the Project. The Lessee acknowledges that the Lessor is undertaking to construct the Project pursuant to the Construction Agency Agreement and that the Lessee will be leasing the Project as it is being constructed. The Lessor agrees that it will suspend, delay or terminate construction of the Project at the direction of the Lessee and will not suspend, delay or terminate construction of the Project other than at the direction of the Lessee. The Lessee may, at its option, but shall have no obligation to, construct or complete the Project as Lessee under this Lease Agreement.
Construction and Completion of the Project. SECTION □.01.
Construction and Completion of the Project 

Related to Construction and Completion of the Project

  • Completion of the Project The Participating County acknowledges it is obligated to undertake and complete the design and construction of the Project in compliance with all of the applicable terms and conditions of the Project Documents and the Participating County agrees to use its best efforts to cause the completion of design and construction of the Project in compliance with the applicable terms and conditions of such documents. The Participating County agrees to complete the Project in accordance with this Agreement and consistent with the scope, cost and schedule established by the Board and attached hereto in Exhibit A, as such scope, cost and schedule may be modified with the approval of Finance and the recognition of the Board.

  • COMMENCEMENT AND COMPLETION OF THE PROJECT Section 3.01 The Project (a) The Company intends and expects, together with any Sponsor Affiliate, to (i) construct and acquire the Project, and (ii) meet the Contract Minimum Investment Requirement within the Investment Period. The Company anticipates that the first Phase of the Project will be placed in service during the calendar year ending December 31, 2020. (b) Pursuant to the FILOT Act and subject to Section 4.03 hereof, the Company and the County hereby agree that the Company and any Sponsor Affiliates shall identify annually those assets which are eligible for FILOT payments under the FILOT Act and which the Company or any Sponsor Affiliate selects for such treatment by listing such assets in its annual PT-300S form (or comparable form) to be filed with the Department (as such may be amended from time to time) and that by listing such assets, such assets shall automatically become Economic Development Property and therefore be exempt from all ad valorem taxation during the Exemption Period. Anything contained in this Fee Agreement to the contrary notwithstanding, the Company and any Sponsor Affiliates shall not be obligated to complete the acquisition of the Project. However, if the Company, together with any Sponsor Affiliates, does not meet the Contract Minimum Investment Requirement within the Investment Period, the provisions of Section 4.03 hereof shall control. (c) The Company may add to the Land such real property, located in the same taxing District in the County as the original Land, as the Company, in its discretion, deems useful or desirable. In such event, the Company, at its expense, shall deliver an appropriately revised Exhibit A to this Fee Agreement, in form reasonably acceptable to the County.

  • Construction of the Project The Allottee has seen the proposed layout plan, specifications, amenities and facilities of the Apartment/ Plot and accepted the floor plan, payment plan and the specification, amenities and facilities annexed along with this Agreement which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent authorities and shall also strictly abide by the bye-laws, FAR, and density norms and provisions prescribed by the relevant building bye-laws and shall not have an option to make any variation/ alteration/ modification in such plans, other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of this Agreement.