Preliminary Acceptance Certificate definition

Preliminary Acceptance Certificate means the Certificate to be issued by the Employer on successful completion of Preliminary Acceptance Tests.
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Preliminary Acceptance Certificate means that certificate issued by the PROJECT MANAGER or OWNER to the CONTRACTOR following satisfaction of conditions under PRELIMINARY ACCEPTANCE, the acceptance of which commences the DEFECT LIABILITY PERIOD.
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Preliminary Acceptance Certificate means the certificate to be issued by the Company on “virtual completion ” or successful completion of “tests on completion” as the case may be, in accordance with which Contractor becomes eligible to receive pre- final payment other than the final payment.
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Examples of Preliminary Acceptance Certificate in a sentence

  • In the event of completion of pre commissioning tests carried out jointly, if tenderization of the substation is prevented for reasons not attributable to the successful bidder, the Preliminary Acceptance Certificate shall be given within 30 days of pre commissioning tests.

  • In the event of completion of pre commissioning tests carried out jointly, if energization of the work is prevented for reasons not attributable to the successful bidder, the Preliminary Acceptance Certificate shall be given within 30 days of pre commissioning tests prior to Taking Over Certificate (TOC).

  • The Contractor will now be eligible for the Preliminary Acceptance Certificate which will normally be issued within thirty (30) days from the date of Substantial Completion and satisfactory rectification of all defects/short comings.

  • The minimum warranty period expected by the Investor is 24 months from the moment of signing the Preliminary Acceptance Certificate.

  • In the event of completion of pre commissioning tests carried out jointly,if tenderization of the substation is prevented for reasons not attributable to the successful bidder, the Preliminary Acceptance Certificate shall be given within 30 days of pre commissioning tests.

  • Annexure A - Performance Bank GuaranteeAnnexure B - Bank Guarantee for release of payment against Commissioning Certificate; Performance Guarantee Certificate; Final Acceptance CertificateAnnexure C - Form for Custody cum Indemnity Bond Annexure D - Form of Preliminary Acceptance Certificate Annexure E - Form of Commissioning Certificate Annexure F - Form of Performance Guarantee Certificate Annexure G - Form of Final Acceptance Certificate Annexure H - Form of Change Order(vi).

  • The One Voice approach will end at the time of the issuance of a Preliminary Acceptance Certificate in respect of the first Regional LRV.

  • Bidder should have met, to the satisfaction of Customer/ Consultant, all the observation, if any, contained in the Preliminary Acceptance Certificate.

  • If the Engineer is satisfied that the defects and / or deficiencies, indicated / listed by the IRCTC to the Vendor have been liquidated and the Facilities are fit for start-up and commissioning, the Engineer shall, within seven (7) days after receipt of the Vendor’s repeated notice, issue a Preliminary Acceptance Certificate stating that the Facilities are fit for start-up and commissioning, as at the date of the Vendor’s repeated notice.

  • Details and any remarks regarding the terms and conditions of the loan including any financial covenants in the loan contract, for example, with regard to capital write-downs, recapitalisations, or where financial institutions specify the right to increase interest rates in the future in line with the debtor’s capacity to repay the loan (should circumstances improve).


More Definitions of Preliminary Acceptance Certificate

Preliminary Acceptance Certificate. (PAC) means the Certificate to be issued by the Owner to the Contractor on successful completion of Preliminary Acceptance Tests (PAT).
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Related to Preliminary Acceptance Certificate

  • Acceptance Certificate (11/18) means a written instrument by which the City notifies Contractor that a Deliverable has been Accepted or Accepted with exceptions, and Acceptance Criteria have been met or waived, in whole or in part.

  • Final Acceptance Certificate “– shall mean ISR's issuance of a signed Final Acceptance Certificate in the form attached hereto as Appendix D.

  • Compliance Certificate means a certificate substantially in the form of Exhibit D.

  • Performance Certificate means the certificate issued under Sub-Clause 11.9 [Performance Certificate].

  • Certificate of Acceptance means written certification, delivered to Contractor and signed by an authorized representative of the State, stating that any Defects in a particular Phase or the Solution discovered after implementation and testing have been corrected as required under this Contract, and that the Phase complies in all material respects with all of the applicable Requirements.

  • Closing Date Certificate means a Closing Date Certificate substantially in the form of Exhibit G-1.

  • Pricing Certificate means an Officer’s Certificate of Company certifying the Consolidated Leverage Ratio as at the last day of any Fiscal Quarter and setting forth the calculation of such Consolidated Leverage Ratio in reasonable detail.

  • Preliminary Report means the communication used for the prompt dissemination of data obtained during the early stages of the investigation;

  • Preliminary Closing Statement shall have the meaning set forth in Section 2.3(a).

  • Closing Certificate means the closing certificate of the Company in the form of Exhibit B hereto.

  • Final delivery certificate means the document issued by the COE confirming that all the known defects have been rectified and that the works, goods or services appear in good order and have been accepted;

  • Delay Delivery Certification As defined in Section 2.02(a) hereof.

  • Buyer Certificate means a certificate to the effect that each of the conditions specified in clauses (a) through (c) (insofar as clause (c) relates to Legal Proceedings involving the Buyer) of Section 5.2 is satisfied in all respects.

  • Pro Forma Compliance Certificate means a certificate of a Responsible Officer of the Borrower containing reasonably detailed calculations of the financial covenants set forth in Section 7.11 recomputed as of the end of the period of the four fiscal quarters most recently ended for which the Borrower has delivered financial statements pursuant to Section 6.01(a) or (b) after giving effect to the applicable transaction on a Pro Forma Basis.

  • Final completion and acceptance means the stage in the progress of the work as determined by the Contracting Officer and confirmed in writing to the Contractor, at which all work required under the contract has been completed in a satisfactory manner, subject to the discovery of defects after final completion, and except for items specifically excluded in the notice of final acceptance.

  • Tax Compliance Certificate as defined in Section 5.9.2(b)(iii).

  • Occupancy Certificate means the occupancy certificate, or such other certificate by whatever name called, issued by the competent authority permitting occupation of any building, as provided under local laws, which has provision for civic infrastructure such as water, sanitation and electricity;

  • Preliminary Settlement Statement shall have the meaning given such term in Section 3.2.

  • Completion Certificate means the certificate to be issued by the GIPCL when the work/ s have been completed to his satisfaction as per terms of the contract.

  • Performance Certification As defined in Section 11.05.

  • Taking-Over Certificate means the certificate to be issued by the Client to the Contractor, in accordance with the Contract.

  • Assignment and Acceptance Agreement means an assignment and acceptance agreement entered into by a Lender, an Eligible Assignee and the Administrative Agent, and, if required, the Borrower, pursuant to which such Eligible Assignee may become a party to this Agreement, in substantially the form of Exhibit C hereto.

  • Covenant Compliance Certificate means a properly completed and executed Covenant Compliance Certificate substantially in the form of Exhibit X hereto.

  • Borrowing Base Certificate means a certificate, signed and certified as accurate and complete by a Financial Officer of the Borrower Representative, in substantially the form of Exhibit C or another form which is acceptable to the Administrative Agent in its sole discretion.

  • Tax Clearance Certificate means a tax clearance certificate issued by the South African Revenue Services (SARS) confirming that the natural or juristic person is a registered tax payer.