Conversion Work definition

Conversion Work in respect of a vessel means work that is major on a technical and quantitative level, that involves substantial changes to the superstructures, machinery or equipment, that alters the essential characteristics of the vessel and that meets at least two of the following requirements:
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Conversion Work shall have the meaning set forth in Section 2.1 hereof.
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Conversion Work means the work Public Service deems reasonably necessary to disconnect service from the Facilities at the Point of Separation, including the work contemplated in the Tariff and this Transition Agreement, or any other work by mutual agreement of the Parties.
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Examples of Conversion Work in a sentence

  • The Actual Rentable Area of the Premises shall further be measured, in, accordance with the BOMA Standard within thirty (30) days, after completion by the Landlord, of the Building Conversion Work (the “Second Measurement”).

  • Such security shall be in an amount equal to the excess of the total unpaid amounts incurred and to be incurred with respect to such alterations to the Improvements (which alterations shall not include the SRO Unit Conversion Work solely to the extent that funds have been reserved for such SRO Unit Conversion Work pursuant to the Mortgage Loan Documents) over the Alteration Threshold.

  • Annually, on or before the anniversary of the Effective Date, and until such time as the Town Conversion Work has been completed, the Town shall provide Public Service a report which includes describes those (i) Facilities for which a Permanent Point of Separation has been installed, and (ii) Distribution Pole Facilities for which Removal has been completed.

  • This Conversion Work Order ("Work Order 002") is made pursuant to the Master Services Agreement dated September 5, 2001, ("Agreement") between Convergys Information Management Group Inc.

  • Except as otherwise provided in this Section or in Section 14 below, Owner and Shipyard shall look exclusively to the applicable insurance maintained by the parties and to the provisions of the limited warranty for the payment of all claims and damages arising out of or related to the Conversion Work.

  • Shipyard hereby waives its rights to a maritime lien pursuant to Section 31305 of Title 46 of the United States Code and further agrees not to assert any mechanic's lien or other lien under any applicable statutes or otherwise for work done or materials, services or equipment furnished in connection with the Conversion Work.

  • Owner may make alterations or changes in the Conversion Work only upon written notice to Shipyard and upon arriving at a change order agreement in writing as to changes in contract price and/or delivery schedule.

  • Subject to Section 7.3.5 hereof, on the Closing Date, Borrower shall deposit with Lender the amount of $8,037,641.00 to perform the Conversion Work (the “Conversion Work Reserve Funds”), which Conversion Work Reserve Funds shall be deposited into an account established to hold such funds pursuant to the Mezzanine Cash Management Agreement (the “Conversion Work Reserve Account”).

  • Lender shall not be required to disburse Conversion Work Reserve Funds more frequently than once each calendar month, on the same day of such month as any other Reserve Funds are being disbursed in accordance with the terms hereof, and the aggregate funding of Reserve Funds in any month shall equal or exceed the Minimum Disbursement Amount.

  • In no event shall Lender be obligated to release from the Conversion Work Reserve Fund amounts in excess of an amount equal to the costs actually incurred from time to time for work in place as part of the Conversion Work, minus the Conversion Retainage.


More Definitions of Conversion Work

Conversion Work means all engineering, renovation, join▇▇ ▇▇▇k and outfitting of the Vessel, as described in the Contract Documents, to convert, outfit and document the Vessel as a U.S.-Flag overnight passenger vessel accommodating 161 passengers and 57 crew, and satisfactorily complete all test and trials on or before the date in accordance with Section 7 of this Contract. In addition, as part of the Conversion Work, Shipyard shall (a) contract to have the Vessel transported from its current location at the Nich▇▇▇' ▇▇ngley, Washington facility to Shipyard's facility in Portland, Oregon (it being acknowledged that the responsibility for preparing the Vessel for transit shall be Owner's), (b) contract with and provide management of
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Conversion Work means the reconfiguration and rehabilitation of existing PLD substations and other electrical distribution infrastructure to be performed by DTE throughout the Detroit area to provide 277/480V, delivered using a transformer where needed, power on the MDOT side of the power meter at the panel locations described in Table 4.3 of Section 4.3(b) of the D&C Requirements.
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Conversion Work shall have the meaning ascribed to it in the Conversion Addendum. “Cost Transaction” shall have the meaning ascribed to it in Section 1.13.F.
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Related to Conversion Work

  • Conversion building means a building that at any time before creation of the common interest community was occupied wholly or partially by persons other than purchasers and persons who occupy with the consent of purchasers.

  • Major conversion means a conversion of an existing ship:

  • Conversion therapy means any practice or treatment as defined in § 54.1-2409.5 A of the Code of Virginia.

  • Conversion and “Converted” each refers to a conversion of Advances of one Type into Advances of the other Type pursuant to Section 2.08 or 2.09.

  • Mandatory Conversion shall have the meaning set forth in Section 6.