Exploration works upon Execution Date Clause Samples

Exploration works upon Execution Date. The Concessionaire shall, in the period from the Execution Date until the Construction Start Date, perform all or any required works in accordance with the Laws of Montenegro, in order to determine conditions of the Project Sites, Inundated Areas and Staging Areas. The Concessionaire shall, upon the Grantor‟s request, prior to the performance of such works, obtain appropriate insurance required by the Article 18 of the Agreement and deliver to the Grantor the evidence that such insurance is provided in accordance with the Section 18.3. The Concessionaire shall inform in writing the Grantor of such intended works timely in advance and shall bear all the costs of carrying out such works. Without prejudice to any other provision of this Agreement, prior to the Construction Start Date, the Concessionaire shall be deemed to have, and warrants that it has: (a) inspected and examined to its satisfaction Project Sites, Inundated Areas and Staging Areas and its surroundings and, where applicable, any existing structures or works on, over or under the Project Sites, Inundated Areas and Staging Areas; (b) satisfied itself as to the nature of the geological, geotechnical, sub-surface conditions climatic, hydrological, environmental and general conditions of the Project Sites, Inundated Areas and Staging Areas, the nature of the ground, the form and nature of Project Sites, Inundated Areas and Staging Areas; (c) satisfied itself as to: (i) the means of communication with and access to and through the Project Sites, Inundated Areas and Staging Areas and the accommodation it may require; (ii) the precautions and times and methods of working necessary to prevent any nuisance or interference, whether public or private, being caused to any third parties; (iii) the assets to which it will acquire rights and the nature and extent of the risks assumed by it under this Agreement; (d) gathered all information necessary to perform its obligations under this Agreement, including: (i) information as to the nature, location and condition of the Project Sites, Inundated Areas and Staging Areas (including hydrological, geological, geo-technical, sub-surface, climatic, hydrological and environmental conditions); and (ii) information relating to archaeological finds, areas of archaeological scientific or natural interest, local conditions and facilities and the quality of existing structures; (e) thoroughly examined, reviewed, checked and satisfied itself as to the adequacy, correctness...

Related to Exploration works upon Execution Date

  • Initial Contract Term The Initial Contract Term shall be for two years. The Initial Contract Term shall begin on October 1, 2021, or on the last date the Contract is signed by all Parties, whichever is later. The Contract shall expire on October 1, 2023, unless terminated earlier in accordance with the Special Contract Conditions or Additional Special Contract Conditions.

  • Completion Date The Work under this Contract shall be completed by midnight of the date required in the Contract as the Material Completion and Occupancy Date unless extended by approved requests for extension of time.

  • Project Completion Date It is agreed between the Parties that the Project Completion Date is <END DATE, YEAR>. If the Project is not completed by such date then, subject to an amendment agreed to between the Parties, Alberta Innovates may elect to terminate this Investment Agreement. In such event, Alberta Innovates will notify the Applicant of its decision to terminate as soon as reasonably practical and shall advise the Applicant of the effective date of termination. Alberta Innovates will have no liability or obligation to reimburse the Applicant for any Project Costs incurred after the effective date of termination and may require the Applicant to return any portions of the Investment which were spent on Ineligible Expenses. Additionally, any portion of the Investment not used and accounted for in accordance with this Agreement as of the Project Completion Date or earlier termination is repayable by the Applicant to AI at AI’s request.

  • Renewal Contract Term Upon mutual written agreement, the Parties may renew this Contract, in whole or in part, for a Renewal Term not to exceed the Initial Contract Term, pursuant to the incorporated Special Contract Conditions.

  • Operations Fire An “Operations Fire” is a fire caused by Purchaser’s Operations other than a Neg- ligent Fire.