Project Condition Sample Clauses
A Project Condition clause defines specific requirements or circumstances that must be met for a project to proceed or for certain obligations to become effective. Typically, this clause outlines prerequisites such as obtaining permits, securing financing, or achieving regulatory approvals before work can begin or payments are made. By clearly stating these conditions, the clause helps ensure that all parties are aware of essential milestones and dependencies, thereby reducing the risk of disputes and providing a structured framework for project commencement.
Project Condition. The Power Producer shall take all actions reasonably necessary to ensure that the Project is capable of generation and delivery of solar energy at agreed rate as per PPA & RFP. Subject to there being no Procurer Default, the Power Producer shall provide 24X7 onsite / offsite monitoring and maintenance of the Project throughout the period of this PPA at no additional cost.
Project Condition. Tenant’s acceptance of occupancy from Landlord shall constitute acknowledgment by Tenant that Tenant has inspected the Premises and the Project of which the Premises are a part and that same are suitable for Tenant’s intended use thereof as stated in this Lease. Tenant recognizes and agrees that Landlord is making no warranties, expressed or implied, as to the suitability of the Premises or the Project for any particular use. Tenant accepts the space “AS IS” with all faults. Landlord represents that the Premises and the Project comply with all applicable laws and regulations of pertinent governmental authorities as of completion of construction and as of the date of Tenant move-in.
Project Condition. The SPD shall take all actions reasonably necessary to ensure that the Project is capable of generation and delivery of solar energy at agreed rate as per PPA & RFP. Subject to there being no Procurer’s Event of Default, the SPD shall provide 24X7 onsite / offsite monitoring and maintenance of the Project throughout the period of this PPA at no additional cost.
Project Condition. Nothing herein shall reduce any obligation of Developer required as a condition of any other approvals granted by the City.
Project Condition. Except as Raptor is otherwise obligated under the Lease Agreement or this Agreement, it is understood that Raptor has not made hereunder and will not be obligated to make any representation or warranty as to the condition or state of repair of the Building and Improvements on the Property and has not hereunder made and will not be obligated to make any agreement to alter, repair or improve the Building and Improvements on the Property. Except as Raptor is otherwise obligated under the Lease Agreement or this Agreement, the sole obligation of Raptor on the Closing Date will be to deliver to CMI: (i) good and marketable, fee simple title to the Property, free and clear of any and all liens, encumbrances and mortgages (except the First Fee Mortgage), subject to the Approved Title Exceptions; and (ii) possession of the Property in substantially the same condition (normal wear and tear and insured casualty loss excepted) as existed on the date of CMI's exercise of the Purchase Option and CMI agrees to accept possession of the Property on the Closing Date in an "AS IS" condition "WITH ALL FAULTS".
Project Condition. The Project, and all components thereof, including, but not limited to, parking lots, electrical systems, roofs, air conditioning systems, heating systems and elevators are and, at the Closing, shall be in good condition and working order, and will perform the work or function for which intended. The Improvements, and all component parts thereof, were constructed in substantial conformance with the Plans and Specifications, as well as documents approved by the appropriate city, county, state, and other officials, and are free of material construction, design and structural defects.
Project Condition. The Power Producer shall take all actions reasonably necessary to ensure that the Project is capable of generation and delivery of solar energy at agreed rate as per PPA & RFP. Subject to there being no Procurer Default, the Power Producer shall provide 24X7 onsite / offsite monitoring and maintenance of the Project throughout the period of this PPA at no additional cost. Consents and Approvals: While providing the installation work, solar power and system operations, the Power Producer shall obtain and maintain and secure all Consents and Approvals required to be obtained and maintained and secured by the Power Producer and to enable the Power Producer to perform such obligations as required under PPA and RFP. Interconnection with Discom: The interconnection of the Project with the network of the distribution licensee shall be made as per the technical standards for connectivity of distributed generated resources regulations as may be notified by the competent authority. The interconnection of the Project shall be as per the contracted Load and/or respective voltage level applicable to the Procurer as per the provisions of the guidelines issued by the competent authority.