Project Requirement definition

Project Requirement means the establishment and ongoing provision by the Company by three (3) years from the Effective Date of the Tobacco Commission Grant Agreement (or in the case that an extension is granted by the Tobacco Commission by four (4) years from the Effective Date of the Tobacco Commission Grant Agreement) of high speed, reliable, affordable Internet service to 95% of the Target Census Blocks of each of the Counties which are Unserved or Underserved as of December 2017. For the purposes of this definition, high speed shall mean download speeds capable of at least 25 Mbps and upload speeds capable of at least 3 Mbps; reliable shall mean complying with the coverage and service levels set forth in Section 11; and affordable shall mean complying with the provisions of Section 16 relating to cost of services. In order for the Company to accomplish the Project Requirement, the Company must report its success in providing the aforesaid service to census blocks to the FCC. No change in FCC rules shall exempt the Company from providing download speeds of at least 25 Mbps and upload speeds of at least 3 Mbps to 95% of the Target Census Blocks of each of the Counties which are Unserved or Underserved as of December 2017.
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Project Requirement has the meaning given in section 2.1; UK5G means the organisation established and operated to develop, inform and bring together the 5G Ecosystem, to promote the 5G Testbeds & Trials Programme and domestic and inbound investment in 5G in the UK, and to advise the 5G Testbeds & Trials Programme, with the competition criteria and guidance for the Authority's funding to UK5G published and available (on the Effective Date) at: ▇▇▇▇▇://▇▇▇.▇▇▇.▇▇/government/publications/uk-5g-innovation-network-competition-criteria-and-guidance; [Other definitions to be included based on the Project and Application]. In March 2017, with the UK Autumn Budget, DCMS published the 5G Strategy, which included commitments to allocate grant funding to the 5G Testbeds & Trials Programme in conjunction with the establishment of UK5G (formerly known as the 5G Innovation Network). On [date] 2019, DCMS launched the 5G Rural Connected Communities Competition. The Application was shortlisted to receive a grant on [date]. Further to submitting the Application, the Recipient attended an interview with DCMS on [date]. The Application was successful and was formally approved by the 5G Programme Board on [date]. The Project was approved by the Authority on [date]. The Parties have agreed for the Grant to be provided to the Recipient for the Project on the terms and conditions of this Grant Agreement.
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Project Requirement has the meaning given in section 2.1;
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Examples of Project Requirement in a sentence

  • All reports, studies, and other documents produced under the Project must bear the statement in Project Requirement 3, below.

  • The contract in Project Requirement 7 and the report in Project Requirement 8 in this Project Description and Budget will be submitted.

  • The Company represents, warrants, and covenants that the Company has the capability to, expects to, and will achieve the Project Requirement within the Company Grant Project Budget and its own funds, except to the extent that (i) one or more new Broadcast Sites are not built pursuant to the provisions of Section 8(b)(4) of this Agreement or (ii) the Counties discontinue the build-out of the Project pursuant to Section 10(b) and such action by the Counties is not based on any Default by the Company.

  • The total Grant Project Budget is up to $3,416,180.00 if the Counties continue to provide funding to build out the Broadband Network towards achieving the Project Requirement, or as otherwise determined by the Counties.

  • This shall be define as financial assistance, available to the Grantee, that can be use to pay for the costs described under Project Requirement, Section A.

  • The Company represents that it can achieve the Project Requirement as set forth within the Company Grant Project Budget and the Company’s own funds even if Dinwiddie does not build any new Towers for its public safety radio project.

  • Include the Recipient as Lead Partner] [Full contact details (repeat for each)] [Description of the Project Partner's role (repeat for each)] Once you sign this Conditional Grant Offer Letter as designated below, it will comprise a binding "Grant Agreement" between you and the Authority that includes and incorporates the following documents: ANNEX 1 Project Description Background to the Grant and the Project Requirement.

  • The contract in Project Requirement 6 in this Project Description and Budget will be submitted.

  • This section 2 sets out the "Project Requirement" for the Project.

  • Fiserv agrees to provide access to Fiserv personnel as specified in a Project Requirement Definition Authorization (‘PRDA’) or similar statement of work, each a uniquely numbered, separate Implementation Project.

Related to Project Requirement

  • Payment Requirement means the amount specified as being applicable to the Reference Entity in the Standard or its equivalent in the relevant Obligation Currency (or, if no such amount is specified, USD 1,000,000 or its equivalent in the relevant Obligation Currency) in either case as of the occurrence of the relevant Failure to Pay or Potential Failure to Pay, as applicable.

  • Default Requirement means the amount specified as being applicable to the Reference Entity in the Standard, or its equivalent in the relevant Obligation Currency (or, if no such amount is specified, USD 10,000,000 or its equivalent in the relevant Obligation Currency) in either case, as of the occurrence of the relevant Credit Event.