PHASE V Clause Samples
The "PHASE V" clause typically defines the fifth stage in a multi-phase project or contractual process, outlining the specific activities, deliverables, or milestones to be achieved during this phase. In practice, this clause may detail the scope of work, deadlines, and responsibilities assigned to each party for Phase V, such as final testing, implementation, or project closeout tasks. Its core function is to provide clear structure and expectations for this particular stage, ensuring that all parties understand their obligations and the criteria for successful completion before moving to the next phase or concluding the project.
PHASE V. In Phase V, Consultant will: • Work with the District and the new superintendent to establish performance objectives for the superintendent. • Provide a guarantee.** (Length of guarantee period: two (2) years). **The Consultant will provide the following guarantee: Consultant will repeat the process at no additional charge, except for all actual expenses. The guarantee will be valid if: • If the candidate ultimately selected by the District ends their employment with the District within the above-referenced guarantee period. • If the District contracts for the Consultant’s services through Phase V. • If the district makes timely payments to the Consultant. • The Phase V meeting is held within four (4) months of the start date of the candidate. • The board has retained fifty (50) percent or more of the same membership that hired the candidate. If the District chooses not to hold the meeting to Establish Performance Objectives for the new superintendent, the guarantee is null and void.
PHASE V. As used herein, “Phase V” shall mean acceptance testing of IVD Instrument and release for manufacturing.
PHASE V. Final PS&E
A. Based on plan check comments, a complete set of site construction drawings and bid documents will be provided by the project team. The landscape architectural scope will include:
1. Landscape Materials and Site Amenities Plan
2. Site Amenities Details
3. Landscape Plan
4. Irrigation Plan
5. Landscape and Irrigation Details
6. Landscape Architect will coordinate all construction plans from all consultants into one plan set.
7. Construction Specifications (technical specifications) as related to landscape architectural scope as described above. Construction specifications will be coordinated and compiled into project specifications and a bid package by Client.
PHASE V. “Phase V” of the Project shall be defined as set forth in the Whereas clauses to this Financial Agreement.
PHASE V. Sites Operator shall submit to the Participating Cities complete applications for Site Permits for the remaining bikes in San ▇▇▇▇ and SF (the “Phase IV Stations”) should be approved and permitted by May 31, 2017 by the date that is 22 months after the Effective Date. The remainder of bikes shall be installed no later than November1, 2017. Operator shall not be obligated to commence installation of fully functional and operational Bicycles and related Equipment at such Sites until the date that is 5 months after the issuance by the Participating Cities of Site Permits for 75% of the Phase V Stations and shall complete such installation for all such Sites by the date that is 5 months after the issuance by the Participating Cities of Site Permits for the remainder of the Phase V Stations. Delays in receiving permitted and approved sites by specified dates or Events of Force Majeure will result in extension of the installation dates in an amount equal to the delay. The above dates are based on completion of the contract with the MTC by July 31, 2015. If Motivate is negotiating in good faith and the contract signing occurs after July 31, 2015, the above dates will be extended by a duration equal to the difference between the contract signing date and July 31, 2015. 4 Term 10 year term, reduced to 5 years seven (7) years if Motivate does not achieve the aggregate bike target numbers described above (includes provisions for force majeure and siting issues) or if Motivate is in persistent and material breach of its contractual obligations as of the time renewal is considered in the fourth sixth year. The contract may be extended for two additional five-year terms upon mutual agreement of the MTC and Motivate. If Motivate is in substantial compliance with the terms of the contract, MTC will engage in good faith negotiations to renew the contract on substantially equivalent terms one year prior to the expiration of the current term. MTC will provide notification of non-renewal no later than six months prior to the end of the term. If neither party provides no notice of non- renewal by six months, the contract should be extended for five years on the same terms.
PHASE V. The Landlord acknowledges that it is the desire of the Tenant to additionally develop another Phase within the Premises (in addition to the currently contemplated four Phases as otherwise contemplated hereby). The boundaries and scope of any such fifth Phase is yet to be determined and would depend upon various factors yet to be known and/or determined. In this context, the Landlord agrees that, upon and after the Tenant has fully completed and has ongoing operation of all of Phases I, II, III and IV, the Landlord (by and through its staff/administration in coordination and consultation with Tenant) shall in good faith and best efforts review and consider the establishment of a Phase V: i) upon which the Tenant would develop an additional Building or Buildings and/or further improvements similar to the other then existing completed Phases; and ii) which would be configured out of one or more of the other then existing Phases and the boundaries of each adjusted accordingly at such time. Upon further and future approval of the Board of Trustees of Landlord (to which any addition and/or incorporation of such a Phase V is expressly subject and conditioned) the Landlord and Tenant shall enter into a Board approved amendment to this Lease which shall then and thereafter collectively constitute this Lease.