Construction of the Complex. (a) The Company shall commence and proceed with the Construction Works as soon as reasonably practicable following the Effective Date. The Company shall procure that the design of the Construction Works shall be carried out with all proper skill and care and in all material respects in accordance with this Agreement, including the Technical Specifications, the Laws of Pakistan (including the Company Consents and the Generation Licence), Prudent Utility Practices and Prudent Electrical Practices, so that the Complex is reasonably expected to provide a useful life of not less than the Term. (b) The Company shall carry out and complete the Construction Works such that the Company is able to achieve the Commercial Operations Date by the Required Commercial Operations Date. (c) The Company shall cause all equipment which is permanently installed by the EPC Contractor as part of the Complex to be new and unused at the time of such installation and to otherwise comply with the requirements of Schedule 2.
Appears in 1 contract
Sources: Power Purchase Agreement
Construction of the Complex. (a) The Company shall commence and proceed with the Construction EPC Works as soon as reasonably practicable following the Effective Date. The Company shall procure that the design of the Construction EPC Works shall be carried out with all proper skill and care and in all material respects in accordance with this Agreement, including the Technical Specifications, the Laws of Pakistan (including the Company Consents and the Generation Licence), Prudent Utility Practices and Prudent Electrical Practices, so that the Complex is reasonably expected to provide a useful life of not less than the Term.
(b) The Company shall carry out and complete the Construction EPC Works such that the Company is able to achieve the Commercial Operations Date by the Required Commercial Operations Date.
(c) The Company shall cause all equipment which is permanently installed by the EPC Contractor as part of the Complex to be new and unused at the time of such installation and to otherwise comply with the requirements of Schedule 2.
Appears in 1 contract
Sources: Power Purchase Agreement
Construction of the Complex. (a) The Company shall commence and proceed with the Construction EPC Works as soon as reasonably practicable following the Effective Date. The Company shall procure ensure that the design of the Construction EPC Works shall be are carried out with all proper skill and care and in all material respects in accordance with this Agreement, including the Technical Specifications, the Laws of Pakistan (including the Company Consents and the Generation Licence), Prudent Utility Practices and Prudent Electrical Practices, so that the Complex is reasonably expected to provide a useful life of not less than the Term.
(b) The Company shall carry out and complete the Construction EPC Works such that the Company is able to achieve the Commercial Operations Date by the Required Commercial Operations Date.
(c) The Company shall cause all equipment equipment, which is permanently installed by the EPC Contractor as part of the Complex to be new and unused at the time of such installation and to otherwise comply with the requirements of Schedule 2.
Appears in 1 contract
Sources: Power Purchase Agreement