Common use of Construction of the Unit Clause in Contracts

Construction of the Unit. Vermont Yankee will proceed with due diligence with construction of the Unit, and will exercise its best efforts to complete and place it in commercial operation by July 1, 1971, on the presently estimated schedule therefor and within present cost estimates, and will keep the Sponsor currently informed as to the progress of construction and expected plant completion date.

Appears in 1 contract

Sources: Capital Funds Agreement (North Atlantic Energy Corp /Nh)

Construction of the Unit. Vermont Yankee will proceed with due diligence with construction of the Unit, and will exercise its best efforts to complete and place it in commercial operation by July 1, 1971, on the presently estimated schedule therefor and within present cost estimates, and will keep the Sponsor currently Purchaser reasonably informed as to the progress of construction construction, material modifications in cost estimates, and expected plant completion date.

Appears in 1 contract

Sources: Power Contract (North Atlantic Energy Corp /Nh)

Construction of the Unit. Vermont Yankee will proceed with due diligence with construction of the Unit, and will exercise its best efforts to complete and place it in commercial operation by July 1, 1971, on the presently estimated schedule therefor thereof and within present cost estimates, and will keep the Sponsor currently Purchaser reasonably informed as to the progress of construction construction, material modifications in cost estimates, and expected plant completion date.

Appears in 1 contract

Sources: Additional Power Contract (Vermont Yankee Nuclear Power Corp)