Commence Construction definition
Examples of Commence Construction in a sentence
Unless Owner terminates this Agreement pursuant to Section 9.9 hereof, Owner contracts and agrees that it will Commence Construction, subject to extension for Force Majeure, of Project on or before June 1, 2022 and will diligently pursue such construction until Completion thereof on or before December 31, 2023, subject to extension for Force Majeure.
SCHEDULE AND COORDINATION The Design/Build Entity shall begin the construction Work upon receiving the Notice to Proceed to Commence Construction Phase (SBP-7.26), in accordance with Article 5.1. The Design/Build Entity shall schedule and coordinate the Work of all of its Subcontractors on the Project including their use of the site.
The Redeveloper shall submit to the Borough evidence of both firm commitments for mortgage financing and/or any equity capital necessary to Commence Construction of the Expanded Project prior to the Borough issuing the RAB or other form of public financing since repayment of the RAB or other form of public financing is contingent on and expected to be repaid from the future PILOT revenues to be generated by the Expanded Project.
Within One Hundred and Eighty (180) days of receiving Site Plan approval from the Planning Board, the Redeveloper shall, at its own cost, cause to be prepared and submitted to the Construction Official of the Borough construction plans for the Expanded Project, which shall be in compliance with the Site Plan, in a form sufficient for the Construction Official to issue a building permit or other permit necessary to Commence Construction.
The Redeveloper may not Commence Construction of the Expanded Project until such time as the Redeveloper has satisfied all pre-construction requirements prescribed by the Applicable Laws.