Initiation of Project Clause Samples

The 'Initiation of Project' clause defines the conditions and procedures required to formally begin work on a project under the agreement. Typically, this clause specifies the necessary approvals, documentation, or notices that must be exchanged between parties before any project activities commence. For example, it may require a written notice to proceed or confirmation that all preconditions, such as permits or funding, are satisfied. Its core function is to ensure that both parties are aligned and that all prerequisites are met before project work starts, thereby reducing misunderstandings and setting a clear starting point for contractual obligations.
Initiation of Project. As to any watershed project, the SCS receives an application for assistance from the project sponsors and after due authorization for planning proceeds with helping the sponsors develop a plan. The DRBC will be consulted by the SCS during the preliminary investigation of the planning stage to determine any features of the project in which the DRBC may have an interest.
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Initiation of Project. 2.1 The Parties will each enact necessary legislation to declare the Project necessary either as part of the resolution approving this Agreement or by separate action.
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Initiation of Project identification Initiation in accordance with the Conceptual Framework (Annex 1, section 6) on the basis of:  Lists of priority Projects provided by the Bulgarian Government  A proposal by an Intermediate Body / Executing AgencyCall for proposals  A proposal by Switzerland  A proposal by an international organisation Responsible: NCU Involved: Intermediate Body, Executing Agency, SECO
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Related to Initiation of Project

  • Completion of Project This Grant Agreement shall terminate upon completion of the project and payment of the last invoice.

  • Initiation of Proceedings If foreclosure approval has not been withheld by the Master Servicer and, where applicable, by the respective Primary Mortgage Insurer and/or the respective Pool Insurer, with respect to a Mortgaged Property, including Co-op Shares, the Servicer shall, unless it arranges for the sale by the Borrower of the Mortgaged Property to a third party pursuant to Section 13.3.3, initiate or cause to be initiated such foreclosure actions as are authorized by law and consistent with practices in the locality where the Mortgaged Property is located, including, in the case where such Mortgaged Property includes a residential long-term lease, the succession by the Servicer to the rights of the Borrower under the lease by foreclosure, assignment in lieu of foreclosure or other comparable means. If such Mortgaged Property has been abandoned or vacated by the Borrower and the Borrower has evidenced no intention of honoring his obligations under the related Mortgage Loan, the foreclosure process shall be expedited to the fullest extent permitted by law.

  • Initiation of Proceeding Notwithstanding anything in this Agreement to the contrary, Indemnitee shall not be entitled to indemnification pursuant to this Agreement in connection with any Proceeding initiated by Indemnitee against the Company or any director or officer of the Company unless (i) the Company has joined in or the Board has consented to the initiation of such Proceeding; (ii) the Proceeding is one to enforce indemnification rights under Section 5; or (iii) the Proceeding is instituted after a Change in Control (other than a Change in Control approved by a majority of the directors on the Board who were directors immediately prior to such Change in Control) and Independent Counsel has approved its initiation.

  • Completion of Proceedings All corporate and other proceedings taken or to be taken in connection with the transactions contemplated hereby and all documents incidental thereto not previously found acceptable by Administrative Agent, acting on behalf of Lenders, and its counsel shall be satisfactory in form and substance to Administrative Agent and such counsel, and Administrative Agent and such counsel shall have received all such counterpart originals or certified copies of such documents as Administrative Agent may reasonably request.

  • Construction of Project 11.1.1 Developer agrees to cause the Project to be developed, constructed, and installed in accordance with the terms hereof and the Construction Provisions set forth in Exhibit D, including those things reasonably inferred from the Contract Documents as being within the scope of the Project and necessary to produce the stated result even though no mention is made in the Contract Documents.