Common use of Project Start Date Clause in Contracts

Project Start Date. ‌ The Applicant must determine a Project Start Date. This date will be the commencement of the first Milestone, as set out in Schedule D. The Project Start Date must be after the date the Funders receive a fully executed copy of this Investment Agreement from the Applicant and Industry Partner. If special circumstances require that the Project Start Date must be before the execution of the agreement, permission must first be received from Alberta Innovates in writing. If the Project Start Date is different from the proposed start date initially set out in the Application, this will be addressed in Schedule D. Such amended Milestone, Reporting and Payment Timelines will replace whatever was initially included with the Application. The Funders will not fund any costs incurred prior to the Project Start Date, and all costs incurred prior to the Project Start Date are considered Ineligible Expenses.

Project Start Date. ‌ The Applicant must determine a Project Start Date. This date will be the commencement of the first Milestone, as set out in Schedule D. The Project Start Date must be after the date the Funders Alberta Innovates receive a fully executed copy of this Investment Agreement from the Applicant and Industry Partner. If special circumstances require that the Project Start Date must be before the execution of the agreement, permission must first be received from Alberta Innovates in writing. If the Project Start Date is different from the proposed start date initially set out in the Application, this will be addressed in Schedule D. Such amended Milestone, Reporting and Payment Timelines will replace whatever was initially included with the Application. The Funders Alberta Innovates will not fund any costs incurred prior to the Project Start Date, and all costs incurred prior to the Project Start Date are considered Ineligible Expenses.