Phased completion of Rail System Sample Clauses

Phased completion of Rail System. The Rail System may, for the purposes of completion, be divided into [***] distinct sections, namely, [section A comprising ***; section B comprising ***; and section C comprising ***], and the Completion Certificate, safety certificate and commercial service certificate may, at the request of the Concessionaire, be issued separately for each of the [***] sections. Upon issue of Completion Certificate, safety certificate and commercial service certificate for any of the aforesaid sections, such section shall enter into commercial service in accordance with the provisions of Article 15, whereupon the User Fees proportionate to such section shall become payable. For the avoidance of doubt, the Parties agree that the proportionate User Fees for sections A, B and C shall be **% (*** per cent), **% (*** per cent) and**% (*** per cent) of the User Fees respectively and the provisions of this Agreement shall apply mutatis mutandis to each such Completion Certificate, safety certification and commercial service certificate and the sections completed there under. The Parties further agree that notwithstanding anything to the contrary contained in this Clause 14.5, the obligations contained in Clauses 12.3 shall continue to be binding on the Concessionaire.
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Related to Phased completion of Rail System

  • Completion of Repairs Borrower will commence any Repairs as soon as practicable after the date of this Loan Agreement and will diligently proceed with and complete such Repairs on or before the Completion Date. All Repairs and Capital Replacements will be completed in a good and workmanlike manner, with suitable materials, and in accordance with good building practices and all applicable laws, ordinances, rules, regulations, building setback lines and restrictions applicable to the Mortgaged Property. Borrower agrees to cause the replacement of any material or work that is defective, unworkmanlike or that does not comply with the requirements of this Loan Agreement, as determined by Lender.

  • Project Completion The Contractor agrees to schedule a final job walk with the County. If required, the County will prepare a list of incomplete items, the “Punch List”. The Contractor agrees to complete the “Punch List” corrections and schedule a final project completion job walk. The County will sign the “Punch List” as completed when determined, the project is finished. The Contractor agrees to submit the following along with its final payment request:

  • COMMENCEMENT AND COMPLETION OF THE PROJECT Section 3.01 The Project 8 Section 3.02 Diligent Completion 8 Section 3.03 Filings and Reports 8

  • 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.

  • Construction Phase Services 3.1.1 – Basic Construction Services