Second Component definition
Examples of Second Component in a sentence
The CM’s fee for the Second Component shall be paid to the CM via monthly payments based on the fixed fee divided by the duration of services.
The CM shall complete its review of the Mitigation Documents within thirty (30) days of the issuance of the Notice to Proceed for the Second Component.
The Parties expressly acknowledge that the Owner is under no obligation to issue a Notice to Proceed for the Second Component, and may, in its sole discretion, choose not to issue such a Notice to Proceed without any additionally liability/compensation being due to the CM.
The CM shall be entitled to a fixed, subject to modification based upon the final GMCC amount (without exceeding 3.6% of the final GMCC noted in Exhibit “B”), not to exceed fee of $2,413,620 for the Second Component of the Basic Services.
SED shall use commercially reasonable diligence to obtain the permits for construction of the Phase 1 Second Component for which SED made application pursuant to Section 3.2 above.
The CM shall be entitled to a fixed, subject to modification based upon the final GMCC amount (without exceeding 3.6% of the final GMCC noted in Exhibit “B”), not to exceed fee of $1,713,144 for the Second Component of the Basic Services.
After a certificate of occupancy is issued for Phase 1 Second Component, the remaining undeveloped portion of the Property, likely the land on which the Office is located, will be landscaped, subject to ARB review per City Code, and open for public use until such time as the construction of the Office commences.
The price formula in this contract, as set out in Exhibit 2 at Tab 4, Schedule 1, is identical to the CSOSPA except that the "Second Component" will increase from 4.293 ▇▇▇▇▇ per kW.h to 4.400 ▇▇▇▇▇ per kilowatt hour in 1992 and will be increased by changes in the Consumer Price Index in each subsequent year.
All conversions under the Second Component will be bound by the notice in effect at the time of the conversion request.
Its Second Component will address institutional development issues, such as (i) dissemination of information (mainly on beneficiaries rights and operational issues); (iii) training for community capacity building and (iv) training for cultural and social participation awareness of key actors of the State and Municipal Administrations (including COPLADEMUN).