Work Program. 6.1 The RE DEVELOPER shall carry out its existing work according to good industry practices. 6.2 During the Pre-Development Stage, the RE DEVELOPER shall conduct a Comprehensive Feasibility Study, Preliminary Engineering Design, and secure Financial Closing and the permits/endorsements from the concerned national government agencies. 6.3 Attached to this RE Contract is a Work Program which was submitted by the RE DEVELOPER during its application, and subsequently approved by the DEPARTMENT, the details of which are particularly described in Annex “C” hereof. 6.4 The RE DEVELOPER shall submit to the DEPARTMENT a Work Program with corresponding budgetary requirement for the first five (5) years from its DOC. 6.5 Not later than three (3) months prior to the end of the period covered by the Work Program, the RE DEVELOPER shall submit a Work Program for the next five (5) years and shall do so every five (5) years thereafter. 6.6 The Work Program or any revisions thereof shall require the approval of the DEPARTMENT, which may be approved if the RE DEVELOPER has substantially complied with all its material financial and technical activities under the Work Program for the immediately preceding Contract Year. 6.7 The failure of the RE DEVELOPER to comply with its commitments under the Work Program shall be sufficient ground for the DEPARTMENT to terminate the RE Contract, without prejudice to its availment of all other available remedies to protect its rights and interest.
Appears in 1 contract
Sources: Onshore Wind Energy Service Contract
Work Program. 6.1 The RE DEVELOPER shall carry out its existing work according to good industry practices.
6.2 During the Pre-Development Stage, the RE DEVELOPER shall conduct a Comprehensive full Geothermal Resources assessment and Feasibility Study, Preliminary Engineering Design, and secure Financial Closing and the permits/endorsements from the concerned national government agenciesStudies.
6.3 Attached to this RE Contract is a Work Program which was submitted by the RE DEVELOPER during its application, and subsequently approved by the DEPARTMENT, the details of which are particularly described in Annex “C” hereof.
6.4 The RE DEVELOPER shall submit to the DEPARTMENT a Work Program with corresponding budgetary requirement budget for the first five (5) years from its DOC.
6.5 Not later than three (3) months prior to the end of the period covered by the Work Program, the RE DEVELOPER shall submit a Work Program for the next five (5) years and shall do so every five (5) years thereafter.
6.6 The Work Program or any revisions thereof shall require the approval of the DEPARTMENT, which may be approved if the RE DEVELOPER has substantially complied with all its material material, financial and technical activities under the Work Program for the immediately preceding Contract Year.
6.7 The failure of the RE DEVELOPER to comply with its commitments under the Work Program shall be sufficient ground for the DEPARTMENT to terminate the this RE Contract, without prejudice to its availment of all other available remedies to protect its rights and interest.
Appears in 1 contract
Sources: Geothermal Service Contract
Work Program. 6.1 The RE DEVELOPER shall carry out its existing work according to good industry practices.
6.2 During the Pre-Development Stage, the RE DEVELOPER shall conduct a Comprehensive Feasibility Study, Preliminary Detailed Engineering Design, and secure Financial Closing and secure the permits/endorsements from the concerned national government agencies.
6.3 Attached to this RE Contract is a Work Program which was submitted by the RE DEVELOPER during its application, and subsequently approved by the DEPARTMENT, the details of which are particularly described in Annex “C” hereof.
6.4 The RE DEVELOPER shall submit to the DEPARTMENT a Work Program with corresponding budgetary requirement budget for the first five (5) years from its DOC.
6.5 Not later than three (3) months prior to the end of the period covered by the Work Program, the RE DEVELOPER shall submit a Work Program for the next five (5) years and shall do so every five (5) years thereafter.
6.6 6.1 The Work Program or any revisions thereof shall require the approval of the DEPARTMENT, which may be approved if the RE DEVELOPER has substantially complied with all its material financial and technical activities under the Work Program for the immediately preceding Contract Year.
6.7 6.2 The failure of the RE DEVELOPER to comply with its commitments under the Work Program shall be sufficient ground for the DEPARTMENT to terminate the this RE Contract, without prejudice to its availment of all other available remedies to protect its rights and interest.
Appears in 1 contract
Sources: Ocean Energy Service Contract