PROJECTS COMPLETION Sample Clauses

PROJECTS COMPLETION. A project will be considered completed when the objectives and results have been fulfilled to satisfaction of CONICYT, the final report and the expenses account have been approved.

PROJECTS COMPLETION. Typical credentialing time frames vary by insurance carrier with a generalized timeline of 60 – 120 days. Client understands and will take this into consideration because there are third parties (insurance companies) involved in and are the ultimate decision makers.

PROJECTS COMPLETION. Not later than August 1, 1994, or ------------------- upon the completion of the Borrower's Project (the "Completion Date") and the payment or provision for the payment of all of the Costs thereof, the Borrower shall cause to be furnished to the Trustee the Borrower's Completion Certificate signed by an authorized Borrower Representative stating the date of completion of the Project and that, as of such date, except for amounts retained by the Trustee at the Borrower's direction for any cost of the Project not then due and payable or, if due and payable not then paid: (i) the Project has been completed; (ii) the cost of all labor, services, materials and supplies used in the Project have been paid, or will be paid from amounts retained by the Trustee at the Borrower's direction for any cost of the Project not then due and payable or, if due and payable, not then paid; (iii) the Project equipment, if any, has been installed to the Borrower's satisfaction, such Project equipment so installed is suitable and sufficient for the efficient operation of the Project for the intended purposes and all costs and expenses incurred in the acquisition and installation of such equipment have been paid, or will be paid from amounts retained by the Trustee at the Borrower's direction for any cost of the Project not then due and payable or, if due and payable, not then paid; (iv) the Project is being operated as an authorized "project" under the Act and substantially as proposed in the Application; (v) the Borrower has reviewed the Contractor's Completion Certificate and the Borrower has no knowledge or information that the representations contained therein are false or misleading; and (vi) the Borrower has required in all Construction Contracts that wages paid to workers employed in the performance of Construction Contracts be paid at a rate not less than the Prevailing Wage Rate. Notwithstanding the foregoing, the Borrower's Completion Certificate may state that it is given without prejudice to any rights against third parties which exist at the date of the Borrower's Completion Certificate or which may subsequently come into being. Any amount remaining in the Project Fund thereafter (except for amounts therein sufficient to cover costs of the Project not then due and payable or not then paid) shall be transferred by the Trustee to the Principal Account in accordance with Section 4.01 of the Indenture and shall not be invested at a yield materially higher than the yield o...