Common use of Acceptance; Construction Clause in Contracts

Acceptance; Construction. Construction Agent hereby unconditionally ------------------------ and irrevocably accepts the designation and appointment as Construction Agent. Construction Agent will cause each System to be constructed so that at the end of the Construction Period (a) each System has the demonstrated capability of performing in Commercial Operation; (b) the equipment in each System is fully integrated and self-contained, (c) each component of a System is interrelated to the other components of such System in terms of economic useful life, function and design, and (d) each System is designed or intended for use in Commercial Operation by a Person (other than Lessee) as a separate and independent system which, in conjunction with the Support Rights, will permit the operation of each System in a commercially reasonable manner (collectively, the "Design ------ Objectives"). ---------- Construction Agency Agreement

Appears in 3 contracts

Sources: Participation Agreement (Electric Lightwave Inc), Participation Agreement (Electric Lightwave Inc), Participation Agreement (Electric Lightwave Inc)