Development and Operation of Project Sample Clauses

The 'Development and Operation of Project' clause outlines the responsibilities and procedures for constructing, implementing, and managing a project throughout its lifecycle. It typically details the parties' obligations regarding project planning, timelines, resource allocation, compliance with regulations, and ongoing operational standards. For example, it may specify who is responsible for obtaining permits, meeting milestones, or maintaining the project after completion. This clause ensures that both parties have a clear understanding of their roles and expectations, thereby reducing the risk of disputes and facilitating smooth project execution.
Development and Operation of Project. (a) The Concessionaire shall, in accordance with the terms and provisions of this Agreement, finance, develop, design and construct, whether directly or through Contractors, the Route 495 HOT Lanes in Virginia Project. (b) Notwithstanding anything in this Agreement or any other Project Agreement to the contrary except Section 7.15 of this Agreement, upon Substantial Completion of the New Lanes, the Department shall assume responsibility from the Concessionaire for the operation and maintenance of the New Lanes, which shall be repaired, operated and maintained thereafter by the Department. From and after the applicable Service Commencement Date the Department shall be responsible for the maintenance, operation and repair of Springfield Interchange Phase VIII in accordance with Section 8.07. (c) Upon Substantial Completion of the Route 495 HOT Lanes in Virginia Project and the satisfaction of the other conditions to Service Commencement set forth in Section 8.01, the Concessionaire shall assume responsibility from the Department for the operation and maintenance the HOT Lanes, which shall be repaired, operated, maintained and equipped thereafter by the Concessionaire for the Term in accordance with this Agreement.
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Development and Operation of Project. (a) The Concessionaire shall, in accordance with the terms and provisions of this Agreement, finance, develop, design and construct, whether directly or through Contractors, the Project. (b) Notwithstanding anything in this Agreement or any other Project Agreement to the contrary except Section 7.14(c) of this Agreement, upon Substantial Completion of the New Lanes, the Department shall assume responsibility from the Concessionaire for the operation and maintenance of the New Lanes, which shall be repaired, operated and maintained thereafter by the Department. From and after the Initial Service Commencement Date, the Department shall be responsible for the maintenance, operation and repair of Springfield Interchange Phase VIII in accordance with Section 8.07. (c) Upon Substantial Completion of the Original Project and the satisfaction of the other conditions to Service Commencement set forth in Section 8.01, the Concessionaire shall assume responsibility from the Department for the operation and maintenance of the HOT Lanes, which shall be repaired, operated, maintained and equipped thereafter by the Concessionaire for the Term in accordance with this Agreement. Upon Service Commencement for the NEXT HOT Lanes set forth in Section 8.02, the Concessionaire shall assume responsibility from the Department for the operation and maintenance of the NEXT HOT Lanes, which shall be repaired, operated, maintained and equipped thereafter by the Concessionaire for the Term in accordance with this Agreement.
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Development and Operation of Project 
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Related to Development and Operation of Project

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  • Management and Operations Promotes the learning and growth of all students and the success of all staff by ensuring a safe, efficient, and effective learning environment, using resources to implement appropriate curriculum, staffing, and scheduling

  • Maintenance and Operation Member-Generator agrees to maintain their system and facilities in accordance with applicable manufacturer's recommended maintenance schedule and standard prudent engineering practices. Member-Generator covenants and agrees to operate their system, facilities and equipment so as to minimize the likelihood for a malfunction or other disturbance, damaging or otherwise affecting or impairing Cooperative’s electrical system. Member-Generator shall comply with all applicable laws, regulations, zoning, building codes, safety rules and other environmental regulations or restrictions applicable to the design, installation, operation and maintenance of the Member-Generator's System.

  • Use and Operation 3.1 Permitted Use ......................................................................................................