Project Construction Completion Date definition
Examples of Project Construction Completion Date in a sentence
The Concessionaire shall adhere to the safe construction parameters and complete the construction works before the Project Construction Completion Date or such extended date as may be approved by Concessioning Authority.
The Concessionaire has failed to implement the Project in accordance with the provisions of the Agreement and such failure, in the reasonable estimation of Concessioning Authority, is likely to delay achieving Project Construction Completion Date.
The Concessionaire may be allowed to novate the agreement after completion of 10 (ten) consecutive years after Project Construction Completion Date subject to the condition that the novatee fulfills the minimum eligibility criteria.
The Project Construction Completion Date shall occur on the [ 1095th (one thousand and ninety fifth )] day from the Appointed Date.
Upon Termination of this Agreement on account of Concessionaire Event of Default, prior to the Project Construction Completion Date, Concessioning Authority shall retain payments, if any, already received.
The Concessionaire has failed to implement the Project in accordance with the provisions of this Agreement and such failure, in the reasonable estimation of Concessioning Authority, is likely to delay achieving Scheduled Project Construction Completion Date.
Within 90 (ninety) days of the Project Construction Completion Date, the Concessionaire shall furnish to the A u t h o r i t y and the Independent Engineer a complete set of as- built Drawings, in 5 (Five) hard copies and in micro film form or in such other medium as may be acceptable to the Authority, reflecting work as actually designed, engineered and constructed.
In addition, the Construction Performance Security shall be adjusted, as condition precedent to issuance of the Final Project Construction Completion Certificate, prior to the Project Construction Completion Date so that it is equal in value to [one percent (1%)]of the Total Project Cost less the aggregate of any encashments made by the GoS prior to the date of adjustment.
In the event that Project Construction Completion Date is not achieved prior to the expiry of 24 months for any reason other than Force Majeure or reasons attributable to the Concessioning Authority or any Competent Authority, the Concessionaire shall, subject to paragraph below, pay to the Concessioning Authority damages for delay beyond the date on which the construction completion was due to the extent of 0.1% of the Performance Security per day for every day of delay subject to maximum Rs.
Notes offered and sold will be issued initially in the form of the Temporary Global Note, which will be deposited on behalf of the purchasers of the Notes represented thereby with, and registered in the name of, BT Globenet Nominees Limited as nominee for the Common Depositary for the accounts of designated agents holding on behalf of Euroclear or Clearstream, duly executed by the Issuer and authenticated by the Trustee or the authenticating agent as hereinafter provided.