Construction Commencement Date definition

Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.
Construction Commencement Date means, with respect to Improvements, the date on which construction of such Improvements commences pursuant to the Agency Agreement.
Construction Commencement Date means the date that the Developer has secured all required permits and approvals from Governmental Authorities and the Distribution Company under Applicable Legal Requirements and has mobilized to commence work at the Premises, as certified in writing to the Host and CVEC.

Examples of Construction Commencement Date in a sentence

If the request is received by Fulcrum 5 Working Days or less before the Construction Commencement Date the Client shall pay the full amount of the Price (which for the purpose of this clause 14.4 shall exclude any adjustment to the Price in respect of Asset Value) together with any Reinforcement Costs incurred by Fulcrum or the Network Owner and any Asset Value, less any amount previously paid.

In the event of a deferral, Fulcrum shall advise the Client of the revised Construction Commencement Date and any adjustment to the Price in addition to the deferral costs referred to in Clause 14.2 above required as a consequence of the deferral.

Before the Scheduled Construction Commencement Date, the Contractor is required to furnish unconditional performance and payment bonds in the amount of 110% of the Compensation as security for the faithful performance and completion of all the Contractor’s obligations under the Contract Documents and covering the payment of all materials used in the performance of this Agreement and for all labor and services performed under this Agreement.

In addition, at least fifteen (15) days prior to the Construction Commencement Date, Developer shall provide Host with a payment bond from an issuer with a Best’s rating of not less than “A” in a form and amount reasonably acceptable to Host (the “Payment Bond”).

If the request is received by Fulcrum more than 5 Working Days before the Construction Commencement Date the Client shall pay 25% of the Price (which for the purpose of this clause 14.4 shall exclude any adjustment to the Price in respect of Asset Value) or £2,000, whichever is the higher together with any Reinforcement Costs incurred by Fulcrum or the Network Owner and any Asset Value.


More Definitions of Construction Commencement Date

Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, you
Construction Commencement Date is defined in Section 2.3 of the Construction Agency Agreement.
Construction Commencement Date means the date on which the physical fabrication of any section or component of the ship or submarine begins in the taxpayer’s shipyard.
Construction Commencement Date means the date that construction works must commence, as described in Schedule 3.
Construction Commencement Date is defined in Section 5.3.
Construction Commencement Date means , which date is months after the Effective Date.