Completion Security definition

Completion Security means a Security or part of a Security provided to the applicable Infrastructure Authority to secure the performance and fulfilment of a Development Obligation to enable the following:
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Completion Security means a Security provided to Unitywater to secure the performance and fulfillment of a Development Obligation;
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Completion Security means the performance security issued by a bank in favor of the Contracting Authority in respect of the Concessionaire’s obligations to carry out the Works to be provided by the Concessionaire to the Contracting Authority in the agreed form, in compliance with the requirements of Clause 30.1 (Closing Security).
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Examples of Completion Security in a sentence

  • Requirements fall into three categories: Minimum Threshold Requirements, Completion Security, and Plant Performance Security.

  • The CEP may request and the Company may grant, at its sole discretion, an Extended Facility In-Service Date provided, however, that the CEP shall be subject to the applicable provisions of the Completion Security subsection of the Security Guarantees section of this Contract.

  • Such security deposit shall be provided in the same manner as the Completion Security deposit as described in Section 11.a. Such Performance Security shall be retained by the Company for 12 months from the later of the Facility In-Service Date or the in-service date of the Designated Avoided Unit.

  • If the Facility In-Service Date is delayed and an Extended Facility In-Service Date has not been granted, or the Extended Facility In-Service Date is not satisfied, the CEP shall be subject to the applicable provisions of the Completion Security subsection of the Security Guarantees section of this Contract, which may be requested by the CEP and may be granted by the Company, at its sole discretion.

  • No interest payments or other escalator charges shall be added to the Completion Security Account, as it accumulates during the life of the Contract.

  • No partial releases from the Completion Security Account will be considered.

  • If required in accordance with Section 3.1(a), the Participant acknowledges and agrees that the Auction Deposit for the Contracted DER will be exchanged for the Completion Security and consents to the retention of such funds by the DSO in order to fulfill its obligation to provide the Completion Security, and the DSO accepts and acknowledges such exchange as the valid performance by the Participant of its obligation to provide Completion Security.

  • The Completion Security Account consists of a fixed amount of the Contractor's approved monthly (or any other) invoices, after construction lien holdback amount has been deducted.

  • The terms and conditions of the Completion Security Account apply only to the Contractor, and shall not be applied by the Contractor to his or her Sub‐contractors' contracts or similarly, any other entities' contracts or written agreements with the Contractor, with respect to the performance of the Work of this Contract.

  • Upon issuance of the Final Certificate of Payment, the balance of the monies in the Completion Security Account shall become due and payable.


More Definitions of Completion Security

Completion Security means a bond or other acceptable surety deposited by an applicant with the city to ensure completion within one year of improvements required to obtain a permit or approval.
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Completion Security shall have the meaning set forth in Section 5.1.21(b)(i) hereof.
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Completion Security means Credit Support substantially in the form of Appendix J.
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Completion Security has the meaning set forth in Section 4.5.
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Related to Completion Security

  • Transaction Security means the Security provided for the Secured Obligations pursuant to the Security Documents.

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Vessel means the vessel/craft belonging to the Contractor for carrying out the work.

  • COMPLETION TIME means the period by ‘date/month’ specified in the ‘Letter of Intent/Award’ or date mutually agreed upon for handing over of the intended scope of work, the erected equipment/plant which are found acceptable by the Engineer, being of required standard and conforming to the specifications of the Contract.

  • Corporation Security or “Corporation Securities” means (i) Common Shares, (ii) shares of preferred stock issued by the Corporation (other than preferred stock described in Section 1504(a)(4) of the Code), (iii) warrants, rights, or options (including options within the meaning of Treasury Regulation §§ 1.382-2T(h)(4)(v)) and 1.382-4 to purchase Securities of the Corporation, and (iv) any Shares.

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.

  • Construction Completion Certificate means a document:

  • Information Security shall have the same meanings as the terms “information technology” and “information security”, respectively, in §24-37.5-102, C.R.S. Capitalized terms used herein and not otherwise defined herein or in the HIPAA Rules shall have the meanings ascribed to them in the Contract.

  • Completion Bonds means Bonds issued pursuant to a Supplemental Indenture ranking on parity with the Series of Bonds issued under such Supplemental Indenture, the proceeds of which are to be used to complete the Project.

  • Coupon Security means any Bearer Security authenticated and delivered with one or more Coupons appertaining thereto.

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Morley Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Construction Completion means physical construction of a cleanup action component is complete.

  • The Vessel means the vessel named in Box 5 and with particulars as stated in Boxes 6 to 12.

  • Transaction Security Documents means each of the documents listed as being a Transaction Security Document in paragraph 2(e) of Part I of Schedule 2 (Conditions Precedent) of the 2009 Financing Agreement and any document required to be delivered to the Administrative Agent under paragraph 3(d) of Part II of Schedule 2 (Conditions Precedent) of the 2009 Financing Agreement together with any other document entered into by any Obligor creating or expressed to create any Security over all or any part of its assets in respect of the obligations of any of the Obligors under any of the Finance Documents (and any other Debt Documents).

  • Completion Schedule means the fulfilment of the Related Services by the Supplier in accordance with the terms and conditions set forth in the Contract;

  • Completion Certificate means the certificate to be issued by the GIPCL when the work/ s have been completed to his satisfaction as per terms of the contract.

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Final Completion Certificate has the meaning set forth in Section 11.6.

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;

  • Delivery vessel means tank trucks or trailers equipped with a storage tank and used for the transport of gasoline from sources of supply to stationary tanks of gasoline dispensing facilities.

  • Completion Guaranty means the Completion Guaranty of even date herewith executed by Guarantor in favor of Lender in connection with the Capital Improvement Work and the Loan, as amended from time to time.

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Substantial Completion Date means the date on which Substantial Completion occurs.