Cancelled Project definition

Cancelled Project means a PV System (a) that a Seller has removed from the Tranche due to a delay in the completion schedule or other reasons or (b) for which the related Customer Agreement is cancelled or terminated, in each case, before such PV System is Placed in Service, but after such PV System has been Purchased by Purchaser.
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Cancelled Project means a Project directed towards a Lilly Target that has been deemed a Lilly Discontinued Target pursuant to Section 3.1.6.
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Cancelled Project means any Project:
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Examples of Cancelled Project in a sentence

  • If any Accepted Project becomes a Deficient Project or Cancelled Project, all risk of loss or damage to such Project shall pass back to such Seller and, if the Customer Agreements related thereto have not been terminated, such Customer Agreements shall be reassigned to such Seller by Purchaser.

  • Notwithstanding anything to the contrary contained herein, in connection with any substitution of any Substituted Project for any Cancelled Project or Deficient Project, the applicable Seller and Purchaser shall cooperate in good faith to execute any documents and to take such other actions as may be necessary or advisable to carry out the intent of this Section 2.2.

  • For the avoidance of doubt, all right, title and interest in and to any Cancelled Project or Deficient Project removed from the Tranche shall pass back to such Seller.

  • Simultaneously with Seller’s delivery of this Deficient Project and Cancelled Project Report to Purchaser, Seller has electronically transmitted to Investor the data set forth on Schedule A and Schedule B in Excel format.

  • If a given Project becomes a Cancelled Project, AbCellera shall be entitled to keep the Research Program Fee previously paid by Lilly for such Cancelled Project; provided, that, if a Target becomes the subject of a new Project in accordance with Section 3.1.3(a) (including any Lilly Replacement Targets), then the Research Program Fee payable by Lilly for such new Project shall be reduced by the Retained Fee.

  • This Deficient Project and Cancelled Project Report, dated , is issued pursuant to Section 2.2(d) of the Development, EPC and Purchase Agreement, dated as of February 13, 2014 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Agreement”), by and among Vivint Solar Developer, LLC, Vivint Solar, Inc.

  • This Deficient Project and Cancelled Project Report, dated , is issued pursuant to Section 2.2(d) of the Development, EPC and Purchase Agreement, dated as of July 16, 2013 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Agreement”), by and among Vivint Solar Developer, LLC, Vivint Solar, Inc.

  • This Deficient Project and Cancelled Project Report, dated , is issued pursuant to Section 2.2(d) of the Development, EPC and Purchase Agreement, dated as of November 5, 2013 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Agreement”), by and among Vivint Solar Developer, LLC, Vivint Solar, Inc.

  • Purchaser hereby releases and discharges Sellers from any obligation that arose prior to the date hereof under Section 2.2(g) of the Agreement to designate any Project as a Cancelled Project or to provide Purchaser a Removed Project Credit for any such Cancelled Project.


More Definitions of Cancelled Project

Cancelled Project has the meaning set forth in the MEPCA.
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Cancelled Project means: (a) any Construction Project for which the Company or any Subsidiary has determined not to proceed with development, construction or operation, including, for the avoidance of doubt, if such Construction Project is Disposed of pursuant to a Required Sale or Terminated PPA Sale or (b) any Construction Project which does not reach its applicable commercial operation milestone before the specified outside date in its Power Purchase Agreement (giving effect to the payment of liquidated damages and amendments and waivers thereunder, and unless a replacement Power Purchase Agreement consistent with the debt sizing criteria on which such Project is financed has been executed and is in full force and effect).
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Related to Cancelled Project

  • Property, Plant and Equipment means any item of real property, or any interest therein, buildings, improvements and machinery.

  • Substitute Improvements means the substitute or additional improvements of the Issuer described in Article V hereof.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Common space means an area on which two or more information functions (e.g. symbol) may be displayed, but not simultaneously.

  • Leasehold Improvements means all buildings, structures, improvements and fixtures located on any Leased Real Property which are owned by any Group Company, regardless of whether title to such buildings, structures, improvements or fixtures are subject to reversion to the landlord or other Third Party upon the expiration or termination of the Lease for such Leased Real Property.