Construction of Projects Sample Clauses

Construction of Projects. The Authority covenants that upon the receipt of the proceeds of Additional Bonds issued under the provisions of Section 2.09 or Section 2.10 (with respect to Completion Bonds) of this Trust Agreement, it will to the full extent of its legal powers, proceed to acquire and construct the Airport System Projects for which such Additional Bonds were issued, substantially in accordance with the plans and specifications therefor, and in conformity with law and all requirements of all governmental agencies having jurisdiction thereover, and that it will complete such acquisition and construction with all expedition practicable.

Construction of Projects. (a) The Lessor shall construct the Projects through the payment of such funds/deposit and disbursement of funds in accordance with Article III of the Trust Agreement. (b) The Lessor hereby appoints the Lessee as its agent to plan and design the Projects and thereafter as its agent to carry out all phases of the acquisition, construction, installation and equipping of the Projects. The Lessee, as agent of the Lessor, assumes all rights, duties and responsibilities of the Lessor regarding acquisition, construction, installation and equipping of the Projects and any items related thereto, except as limited herein. (c) The Lessee, as agent, may enter directly into any purchase order or contract without further written approval of the Lessor. The written approval of the Lessee Representative shall be required to authorize any payments of costs of the Projects from the proceeds of the Certificates deposited in the Project Fund. (d) The Lessee, as agent of the Lessor, shall have the right to supervise the acquisition, construction, installation and equipping of the Projects, and to monitor the performance by the contractors selected to construct and install the Projects in whatever manner the Lessee, in its sole discretion, deems appropriate. (e) The Lessor hereby assigns to the Lessee all of its rights and powers under all such purchase orders and contracts as it enters into with respect to the Projects and the Lessee shall have the right to enforce, in its own name or the name of the Lessor, if necessary, such purchase orders or contracts at law or in equity; provided, however, that this assignment shall not prevent the Lessor from asserting said rights and powers in its own behalf.

Construction of Projects. The Borrowers shall cause each Project to be constructed substantially in accordance with the Project Plan and the architectural plans and specifications for the Project which have been delivered to the Lender.

Construction of Projects. Subject to the obligations of Seller as provided in the Conditions Precedent, the Project Milestones and as set forth in Section 9.9 below, Buyer shall have the right to construct the Projects, and to control the manner, means and timing of such construction, at its sole cost and expense, and in its sole and absolute discretion. Without limiting the generality of the foregoing, Buyer retains the right to purchase all of the panels, inverters, racking, and balance of system components, and subject to the rights of Environet pursuant to that Right of First Refusal by and between Seller and Environet dated November 2011 with respect to providing certain engineering, procurement and construction services with respect to the Projects located on Oahu, Buyer, retains all rights to select and negotiate the labor and subcontractors related to the installation and construction of the Projects.

Construction of Projects. 1. The Corporation has completed construction of Project A and will proceed with due diligence to complete construction of any Additional Project with all reasonable dispatch and in accordance with the plans and specifications therefor. Each Project shall belong to and be the property of the Corporation. In order to effectuate the purposes of this Participation Agreement, the Corporation, in its own name, will do or cause to be done all things requisite or proper for the construction of each Project and the fulfillment of the obligations of the Corporation under this Participation Agreement. 2. Notwithstanding any other provisions of this Participation Agreement to the contrary, the Corporation shall not be required to complete the construction of any component of a Project if the Corporation shall determine in good faith that either: (a) the completion of such component is no longer necessary in order to achieve its intended purpose for any reason, including changes in law or regulations or technological developments or a change in the design or mode of operation of, or abandonment of operation of, the plant with which such component is associated; or (b) such component, if completed, will fail to achieve its intended purpose; or (c) the completion of construction of such component or the operation of such component would result in the incurrence of unreasonable expenses or liabilities by the Corporation which were not anticipated at the date of the execution and delivery of the Supplemental Participation Agreement relating to any Additional Project, and, in the opinion of an Authorized Corporation Representative (who shall be a licensed professional engineer), the plant with which such component is associated may be operated in compliance with applicable regulatory standards without the inclusion of such component. 3. Whenever the Corporation shall make a determination referred to in subsection 2 above, the Corporation shall deliver to the Trustee and the Authority a certificate of an Authorized Corporation Representative setting forth such determination. Not less than 30 days prior to the delivery of such certificate the Corporation shall notify the Authority and the Trustee of its intention to make such determination and shall describe in reasonable detail the basis therefor.

Construction of Projects. The District will enter into, administer and enforce all purchase orders or other contracts relating to the acquisition and construction of the Projects. The District will requisition the payment of Project Costs from amounts held by it in the Project Fund, under and in accordance with Section 4.04 of the Trust Agreement. All contracts for, and all work relating to, the acquisition and construction of the Projects are subject to all applicable provisions of law relating to the acquisition, construction, improvement, and equipping of like facilities and property by the District. The District will supervise and undertake to completion the acquisition and construction of the Projects in accordance with the plans and specifications, purchase orders, construction contracts and other documents relating thereto and approved by the District under all applicable requirements of law.

Construction of Projects. If the City undertakes the acquisition or construction of a Project, the City shall cause the acquisition or construction to be accomplished in a sound and economic manner and as expeditiously as is practicable.

Construction of Projects. The Sponsoring Local Government Entities shall promptly move forward with the acquisition, construction and installation of the projects in an efficient and economical manner, at a reasonable cost, substantially in accordance with the plans and specifications approved by the applicable governing body of the entity that has jurisdiction over the same and in conformity with all applicable laws, ordinances, rules, and regulations of any governmental authority having jurisdiction of the same. The Sponsoring Local Government Entity may, at its discretion, require as a condition precedent to the letting of any contract for the acquisition, construction, or installation of any project, the contractor or the other party to post and give payment and a performance bond, such bond to be the usual and customary bond of a reliable insurance or casualty company authorized to do business in the State of Georgia guaranteeing to the parties hereto that the particular contract of such contractor or other party will be performed as set forth therein and indemnifying the parties against any loss or damage by virtue of the failure by such contractor or other party so to perform. In the letting of contracts to acquire, construct, or install the projects, no Sponsoring Local Government Entity shall pledge as collateral, commit as collateral, or otherwise place as collateral, any monies in the Sales Tax Fund.

Construction of Projects