Common use of Commence Construction Clause in Contracts

Commence Construction. a. The Recipient must Commence Construction required for the Activity within six months of the Date of this Agreement; b. The Recipient must notify the Commonwealth that the Recipient has Commenced Construction for the Activity, within five (5) Business Days of Commencing Construction; and c. If the Recipient fails to Commence Construction required for the Activity within six months of the Date of this Agreement, the Commonwealth may give the Recipient notice requiring the Recipient to repay the Commonwealth all or part of the Funding that the Commonwealth has previously paid to the Recipient within the period specified in the notice.

Appears in 6 contracts

Sources: Funding Agreement, Funding Agreement, Funding Agreement

Commence Construction. a. The Recipient must Commence Construction required for the Activity within six months of the Date of this Agreement; b. ; The Recipient must notify the Commonwealth that the Recipient has Commenced Construction for the Activity, within five (5) Business Days of Commencing Construction; and c. and If the Recipient fails to Commence Construction required for the Activity within six months of the Date of this Agreement, the Commonwealth may give the Recipient notice requiring the Recipient to repay the Commonwealth all or part of the Funding that the Commonwealth has previously paid to the Recipient within the period specified in the notice.

Appears in 3 contracts

Sources: Funding Agreement, Funding Agreement, Funding Agreement