Completion Test definition

Completion Test means in respect of a Developing Asset, the tests as agreed between the Original Borrower and the Technical Bank (acting reasonably) and approved by the Majority Lenders (acting reasonably) which must be completed to show that such asset should reasonably be considered to be a commercially producing asset (being substantially equivalent to the date of commencement of commercial production under applicable Project Agreements) in order for that Developing Asset to be included in the Borrowing Base Assets as a Developed Asset.

Completion Test means the milestone achieved by the Project marking the end of the design, development and construction phases of the Project Development Lifecycle, and the start of the operational phase. The test confirms the Project’s ability to perform as planned and generate the expected cash flows. For Projects requiring an Independent Environmental and Social Consultant, completion from an environmental and social perspective will only occur when the Independent Environmental and Social Consultant has deemed that the Project meets all the required performance criteria as defined by the Project-specific Environmental and Social Requirements.

Completion Test means the operation of the Mine and Mineral Processing Facility in accordance with all applicable laws, all applicable permits and licences and Prudent Operating Practices, for a period of:

Examples of Completion Test in a sentence

• The trainees should enhance their skills and pass the Intermediate Trade Test (ITT) or Completion Test conducted by the CIC/HKIC at the end of training.

• In the event that the trainee’s test score of the Intermediate Trade Test (ITT) or Completion Test is rated as “zero” (CIC/HKIC will notify the Main Contractor individually), the CIC/HKIC reserves the right to forfeit the free re-test and terminate the training provided by the employer for the trainee.

• The trainees should enhance their skills and pass the Intermediate Trade Test (ITT) or Certification Test or Completion Test conducted by the CIC/HKIC at the end of training.

• If the test score for the trainee of the Intermediate Trade Test (ITT) or Completion Test is rated as “zero”, the CIC/HKIC reserves the right to forfeit the free re-test and terminate the training provided by the employer for the trainee.

• Such deduction shall be allowed against the taxes specified in Article 2, paragraph 3a of the income in question is included in the base for tax calculating.c) If the income derived by a resident of Egypt under the provisions of this Agreement are exempt from tax in Egypt, Egypt may nevertheless, in calculating tax on the remaining income into account the income exempted from tax.

More Definitions of Completion Test

Completion Test means the final completion test in respect of the Camino Rojo Project set forth in Schedule M.

Completion Test means any Works Completion Test and any Operational Completion Test; Compliance Certificate means a certificate in the form set out in the Annexure to Schedule 12 (Service Requirements); Compliant Tender is defined in Schedule 18 (Calculation of Compensation on Termination); Compliant Tenderer is defined in Schedule 18 (Calculation of Compensation on Termination);

Completion Test means the Equipment Test and Regasification Test.

Completion Test means the requirements described on Schedule III.

Completion Test. [REDACTED: Commercially Sensitive]. “Completion Test Notice” has the meaning set out in Section 5.1(a). “Confidential Information” has the meaning set out in Section 8.4(a).

Completion Test means the completion tests set forth in Schedule H.

Completion Test means the tests and conditions set out in the document referred to in Schedule 2 Part 1, paragraph 7.