Substitute Projects Sample Clauses
The Substitute Projects clause allows one party, typically a contractor or service provider, to replace an originally agreed-upon project with a different but comparable project under certain conditions. In practice, this clause outlines the criteria and approval process for making such substitutions, such as requiring the substitute project to meet similar scope, value, or timeline requirements as the original. Its core function is to provide flexibility in project execution while ensuring that the interests of both parties are protected and that the overall objectives of the agreement are still met.
Substitute Projects. 16.1 Until the expiry of the Minimum Period of Use of a RSAP Dwelling, the Grant Recipient must as soon as reasonably practicable:
16.1.1 and in any event no later than 30 Business Days prior to the relevant Expiry Date, notify the GLA if it intends that the relevant RSAP Dwelling will remain occupied by its current Tenant (the Occupying Tenant) after the Expiry Date; and
16.1.2 notify the GLA if a RSAP Dwelling has or will become unavailable for occupation permanently (the Unavailability Notification), (in either case, the Original Dwelling).
16.2 In providing the notification under Condition 16.1.1, the Grant Recipient shall also submit to the GLA such evidence as the GLA may require to demonstrate that the Grant Recipient has tried to secure appropriate alternative accommodation for the Occupying Tenant.
16.3 The GLA shall consider any evidence provided by the Grant Recipient under Condition
Substitute Projects. Regarding UI Investments in any of the substitute projects described in the definitions of each of the Connecticut NEEWS Projects in Section 1(a), if CL&P expects in good faith that less than fifty percent (50%) of the Cost of any such substitute project will be recovered through regional rates, the Cost of only that portion of such substitute project(s) with respect to which CL&P in good faith expects to recover Cost through regional rates shall be considered for purposes of UI investment rights under this Agreement.
