Phase II Project Sample Clauses

The 'Phase II Project' clause defines the scope, objectives, and requirements for the second phase of a multi-stage project. It typically outlines the specific deliverables, timelines, and performance criteria that must be met during this phase, and may detail the responsibilities of each party involved. By clearly delineating what constitutes Phase II, this clause ensures that both parties have a mutual understanding of expectations and milestones, thereby reducing the risk of disputes and facilitating smooth project progression.
Phase II Project. Each of the parties hereto also acknowledges that ONI or PGV-II expects to undertake during the Basic Lease Term the Phase II Project either adjacent to the Project or at a different location on the Land (as defined in the Resource Sublease Partial Assignment). The Phase II Project and the Project in the aggregate, are expected to have a generation capacity of up to approximately 60 MW. The Phase II Project shall be subject to satisfaction of the conditions and limitations set forth in the Resource Sublease Partial Assignment (which conditions and limitations are incorporated herein) and shall only be permitted if the Person that has agreed to purchase the additional contemplated electrical output of the Phase II Project agrees that it shall have no right against the Project, the Lessee, the Owner Lessor, the Indenture Trustee, the Equity Investor or any Noteholder with respect to any matter relating to the Phase II Project or the power to be sold therefrom, it being understood that if the Power Purchaser shall purchase the output of the Phase II Project, it shall enter into a new power purchase agreement. The Phase II Project will not be undertaken if the implementation thereof would reduce by more than a de minimis amount the rights and benefits of the Owner Lessor, and so long as the Lien of the Indenture shall not have been terminated and fully discharged, the Indenture Trustee, with respect to the Project. The parties agree that the Phase II Project will not be part of the Project or subject to the Head Lease or the Project Lease. The parties agree to reasonably cooperate with PGV to implement the Phase II Project including with respect to any third party consents necessary to implement such Phase II Project, it being understood that PGV-II and ONI are third party beneficiaries of this Section. The parties acknowledge that PGV and PGV-II may have to enter into co-tenancy agreements with PGV and/or the Owner Lessor with respect to certain shared facilities, as contemplated by Section 5.23. The parties agree to enter into or consent to such co-tenancy arrangements provided there is no adverse effect on the operation, fair market value, residual value or useful life of the Project.
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Phase II Project. The Company shall direct that all Loss Proceeds in respect of the Phase II Project at any time prior to the Phase II Completion Date in respect of such Project shall be paid by the insurers, reinsurers, Governmental Authorities or other payors directly to the Disbursement Agent for deposit in the Company's Funds Account. In the event that for a period of one hundred twenty (120) days after any such Loss Proceeds are deposited in the Company's Funds Account, the Company is not permitted pursuant to the terms hereof to obtain Advances of such Loss Proceeds to pay Project Costs allocated to the Phase II Project in the Phase II Project Budget, then the Company shall use all other such proceeds and funds on deposit in the Completion Guaranty Deposit Account and the Project Liquidity Reserve Account to prepay the Loans and the 2014 Notes in accordance with the Bank Credit Agreement and the 2014 Notes Indenture, respectively, in each case, subject to the Intercreditor Agreement.
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Phase II Project. 14.1 At any given time during the construction of the said residential project the Promoter acquires any land contiguous to the said Premises, the Promoter shall be entitled to amalgamate and/or include the said Residential Project with the said Premises for carrying out construction of further residential/commercial/shopping building/s in terms of the Plan duly sanctioned by the Kolkata Municipal Corporation and/or by modification of the existing plan and all residents of the Phase II project shall be entitled to use all common parts and portions, facilities and installations of the said Premises and/or the existing Residential Project/Phase I Project including the recreation centre and the Allottee shall have no objection in any manner whatsoever or howsoever in respect of such amalgamation and/or the construction of the Phase II project. Similarly, the residents of the existing Residential Project/Phase I project shall be entitled to use all common parts and portions, facilities and installations to be provided in the Phase II project. 14.2 The Promoter shall also be entitled to use and/or utilize all common parts and portions, facilities and installations so provided for the said residential project for the purpose of carrying out construction of the Phase II project. 14.3 It is hereby expressly made clear that the Phase II project upon completion shall form part of the said Premises and the Allottees of both the Phase I and the Phase II project shall be entitled to all common parts and portions, facilities and installations so provided in the Phase I and the Phase II project.
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Phase II Project. This project consists of the construction of the West Manufacturing Building (three (3) story and 599,105 sq ft), the Central Courtyard (four (4) story 394,566 sq ft), as well as the East Training and Welcome Center. The project will begin with the structural demolition of buildings 3770 and 3790, site grading, as well as the utility demo and relocation. The Phase II project will conclude with the erection of a six (6) story, 1,432 space parking deck. By combining their efforts, skills, knowledge and resources OSHA, Georgia Tech, and DPR Construction expect to reduce exposure to hazards and thereby decrease the possibility of serious injuries and fatalities at the construction site. This Partnership is consistent with OSHA’s long-range efforts to develop a contractor/ government partnership approach to safety management. It allows for better use of OSHA resources, innovation in safety management and encourages more participation in the safety process from the construction community.
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Phase II Project. The Company shall direct that all Loss Proceeds in respect of the Phase II Project at any time prior to the Phase II Completion Date shall be paid by the insurers, reinsurers, Governmental Authorities or other payors directly to the Disbursement Agent for deposit in the Company’s Funds Account. In the event that for a period of one hundred twenty (120) days after any such Loss Proceeds are deposited in the Company’s Funds Account, the Company is not permitted pursuant to the terms hereof to obtain Advances of such Loss Proceeds to pay Project Costs allocated to the Phase II Project in the Phase II Project Budget, then the Company shall use all funds on deposit in the Company’s Funds Account, the Completion Guaranty Deposit Account, the Project Liquidity Reserve Account and an amount from the Company’s Concentration Account equal to the credit balance in the Construction Tracking Account to prepay the Loans and the 2014 Notes in accordance with the Bank Credit Agreement and the 2014 Notes Indenture, respectively, in each case, subject to the Intercreditor Agreement.
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Phase II Project. The Company may develop, construct, own and operate an expansion of the Phase I Project, consisting of an approximately 1,500-suite hotel tower, additional casino space and additional restaurants, a spa, swimming pools, and retail and convention space with related ancillary facilities, located on approximately 20 acres of land adjacent to the Phase I Project, tentatively named "Encore at ▇▇▇▇ Las Vegas" (the "PHASE II PROJECT" and, collectively with the Phase I Project, the "PROJECTS").
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Phase II Project. The total aggregate of all proposed cumulative Acquisitions associated with any and all Project Element(s) and all of the rights and obligations associated therewith, including all related agreements and arrangements, all appurtenant equipment thereto as may be applicable, the applicable portion of any common facilities and related facilities for interconnection or transmission of the output of any Project Element(s) and all necessary or related facilities to carry forth the deployment and placement into operation of any Project Element(s). Exhibit A contains the proposed Acquisitions or Project Elements and the Entitlement Share of energy or capacity contemplated to be acquired by each SCPPA member participating in Phase I or Phase II as of the date of this Agreement. Exhibit A may be amended by the Coordinating Committee or as otherwise provided in this Agreement to reflect revisions in participation, revisions in generation or transmission entitlements, percentages or capacity, the addition or withdrawal of new or different proposed Project Element Participants, the addition of new Project Elements and the deletion of then existing Project Elements. Each such amendment, revision, modification or addition to Exhibit A shall be supplied to each Participant requesting the same. The Coordinating Committee or the Board of Directors, as provided herein or as may be applicable, shall have the authority to modify the project description contained herein to accommodate or adapt to new circumstances or changed conditions. For the purpose of this Agreement the terms “Project” and “Phase II Project” shall be synonymous.
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Phase II Project. The Company may develop, construct, own and operate an expansion of the Phase I Project, consisting of an approximately 1,500-suite hotel tower, additional casino space and additional restaurants, a spa, swimming pools, and retail and convention space with related ancillary facilities, located on approximately 20 acres of land adjacent to the Phase I Project, tentatively named “Encore at ▇▇▇▇ Las Vegas” (the “Phase II Project” and, collectively with the Phase I Project, the “Projects”).
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Phase II Project 
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Related to Phase II Project

  • Project Completion The Contractor agrees to schedule a final job walk with the County. If required, the County will prepare a list of incomplete items, the “Punch List”. The Contractor agrees to complete the “Punch List” corrections and schedule a final project completion job walk. The County will sign the “Punch List” as completed when determined, the project is finished. The Contractor agrees to submit the following along with its final payment request:

  • Project 3.01. The Recipient declares its commitment to the objectives of the Project. To this end, the Recipient shall carry out the Project in accordance with the provisions of Article IV of the General Conditions.

  • Project Completion Date It is agreed between the Parties that the Project Completion Date is <END DATE, YEAR>. If the Project is not completed by such date then, subject to an amendment agreed to between the Parties, Alberta Innovates may elect to terminate this Investment Agreement. In such event, Alberta Innovates will notify the Applicant of its decision to terminate as soon as reasonably practical and shall advise the Applicant of the effective date of termination. Alberta Innovates will have no liability or obligation to reimburse the Applicant for any Project Costs incurred after the effective date of termination and may require the Applicant to return any portions of the Investment which were spent on Ineligible Expenses. Additionally, any portion of the Investment not used and accounted for in accordance with this Agreement as of the Project Completion Date or earlier termination is repayable by the Applicant to AI at AI’s request.

  • Phase II A small portion of the work for the Phase II modifications to the Plattsburgh Substation will be performed by Transmission Owner, and the remainder will be performed by Clinton and ▇▇▇▇▇▇▇▇▇. A detailed definition of the specific scope for Transmission Owner and Clinton and ▇▇▇▇▇▇▇▇▇ including interface points shall be defined during the design phase and, as such documents become available, copies will be delivered to the NYISO, Transmission Owner, Noble Altona Windpark, LLC and Marble River, LLC. The full scope includes the installation of wave traps, CCVT’s and modifications and/or additions to relaying on the MWP-1 and MWP- 2 lines. These lines will be reconfigured at the completion of Phase II to connect to ▇▇▇▇▇ and ▇▇▇▇▇▇▇ Substations on MWP-1 and the ▇▇▇▇ Substation on MWP-2. Clinton and ▇▇▇▇▇▇▇▇▇ will design the upgrades and purchase the materials based on the outline specification that was prepared and issued by Transmission Owner. The work to be performed by Clinton and ▇▇▇▇▇▇▇▇▇ will include both the materials for the exterior and interior installations and items for Transmission Owner installation inside the control building in existing relay panels and communication racks. In addition, Clinton and ▇▇▇▇▇▇▇▇▇ will be responsible for the exterior and interior construction work and will provide construction management services in coordination with Transmission Owner. The civil design for the foundations and the electrical design for the cable runs to the control room will be designed by, as approved by Transmission Owner, and installed under the supervision and control of Clinton and ▇▇▇▇▇▇▇▇▇. The equipment will be selected and procured in accordance with the specifications developed during the detailed engineering phase, copies of which shall be furnished to the NYISO, Transmission Owner, Noble Altona Windpark, LLC and Marble River, LLC. The construction of the foundations, structures, wave traps, CCTV and cable runs into the control building to the termination cabinets will be completed by Clinton and ▇▇▇▇▇▇▇▇▇. The work at the Plattsburgh Substation will be installed under Transmission Owner’s CPP-1. Transmission Owner will provide Protection and Controls Engineering, install and terminate wiring from the termination cabinets to the control panels and relays, install relays and equipment in the existing panels, and will commission such work inside the 230kV control building. Transmission Owner will develop the communications protocols and data flow over the circuits.

  • Development of the Project 4.1 TSP's obligations in development of the Project: a. for procuring and maintaining in full force and effect all Consents, Clearances and Permits, required in accordance with Law for development of the Project; b. for financing, constructing, owning and commissioning each of the Element of the Project for the scope of work set out in Schedule 1 of this Agreement in accordance with: i. the Electricity Act and the Rules made thereof; ii. the Grid Code; iii. the CEA Regulations applicable, and as amended from time to time, for Transmission Lines and sub-stations: • the Central Electricity Authority (Technical Standards for Connectivity to the Grid) Regulations, 2007; • Central Electricity Authority (Technical Standards for construction of Electrical Plants and Electric Lines) Regulation, 2010; • Central Electricity Authority (Grid Standard) Regulations, 2010; • Central Electricity Authority (Safety requirements for construction, operation and maintenance of Electrical Plants and Electrical Lines) Regulation, 2011; • Central Electricity Authority (Measures relating to Safety and Electricity Supply) Regulation, 2010; • Central Electricity Authority (Technical Standards for Communication System in Power System Operation) Regulations, 2020. iv. Safety/ security Guidelines laid down by the Government; v. Prudent Utility Practices, relevant Indian Standards and the Law; not later than the Scheduled COD as per Schedule 2 of this Agreement; c. for entering into a Connection Agreement with the concerned parties in accordance with the Grid Code. d. for owning the Project throughout the term of this Agreement free and clear of any encumbrances except those expressly permitted under Article 15 of this Agreement; e. to co-ordinate and liaise with concerned agencies and provide on a timely basis relevant information with regard to the specifications of the Project that may be required for interconnecting the Project with the Interconnection Facilities; f. for providing all assistance to the Arbitrators as they may require for the performance of their duties and responsibilities; g. to provide to the Nodal Agency and CEA, on a monthly basis, progress reports with regard to the Project and its execution (in accordance with prescribed form) to enable the CEA to monitor and co-ordinate the development of the Project matching with the Interconnection Facilities; h. to comply with Ministry of Power order no. 25-11/6/2018 – PG dated 02.07.2020 as well as other Guidelines issued by Govt. of India pertaining to this; i. to procure the products associated with the Transmission System as per provisions of Public Procurement (Preference to Make in India) orders issued by Ministry of Power vide orders No. 11/5/2018 - Coord. dated 28.07.2020 for transmission sector, as amended from time to time read with Department for Promotion of Industry and Internal Trade (DPIIT) orders in this regard (Procuring Entity as defined in above orders shall deemed to have included Selected Bidder and/ or TSP). Also, to comply with Department of Expenditure, Ministry of Finance vide Order (Public Procurement No 1) bearing File No. 6/18/2019- PPD dated 23.07.2020, Order (Public Procurement No 2) bearing File No. 6/18/2019-PPD dated 23.07.2020 and Order (Public Procurement No. 3) bearing File No. 6/18/2019-PPD, dated 24.07.2020, as amended from time to time, regarding public procurement from a bidder of a country, which shares land border with India; j. to submit to Nodal Agency information in the prescribed format [To be devised by Nodal Agency] for ensuring compliance to Article 4.1 i) above. k. to comply with all its obligations undertaken in this Agreement. 4.2 Roles of the Nodal Agency in implementation of the Project: 4.2.1 Subject to the terms and conditions of this Agreement, the Nodal Agency shall be the holder and administrator of this Agreement and shall inter alia: a. appoint an Independent Engineer within 90 days of the Effective Date b. provide letters of recommendation to the concerned Indian Governmental Instrumentality, as may be requested by the TSP from time to time, for obtaining the Consents, Clearances and Permits required for the Project; c. coordinate among TSP and upstream/downstream entities in respect of Interconnection Facilities; and d. monitor the implementation of the Agreement and take appropriate action for breach thereof including revocation of guarantees, cancellation of Agreement, blacklisting etc e. provide all assistance to the Arbitrators as required for the performance of their duties and responsibilities; and f. perform any other responsibility (ies) as specified in this Agreement.