Construction Decision definition

Construction Decision means the publication of a press release or formal notice by the Company announcing a final decision having been made by the Board of Directors of the Company to execute the Initial Project after the Class “A” Water Licence for the Initial Project is issued by NWB and this IIBA and a Commercial Lease for Inuit Owned Lands have been obtained from QIA, to authorize construction and operation of the Initial Project, with the Company to provide written notice of such within five Business Days;
Construction Decision. : means the decision adopted by IMAyL S.A. to undertake the project development and construction as a result of the feasibility study.
Construction Decision means a decision by the Management Committee that a Mine be constructed, in accordance with a Feasibility Study and an approved Mine Proposal.

Examples of Construction Decision in a sentence

  • This provision relates to the Construction Decision made to execute the Initial Project described herein and has no continuing application under this Agreement.

  • Notwithstanding the foregoing, Goldcorp may assign its rights and obligations (other than the Construction Decision Guarantee) in whole or part, under this agreement to a direct or indirect wholly-owned subsidiary of Goldcorp, upon delivery of written notice thereof to the New Gold Entities, provided that no such assignment will relieve Goldcorp of any of its obligations hereunder.

  • Subject to the provisions of Section 4, in the event that Goldcorp has not made and announced a positive construction decision and commenced construction of the Mine on or before the Construction Decision Deadline as provided in Section 1, Goldcorp shall pay to Datawave an amount of US$1,500,000 per month until such decision is made and announced and construction of the Mine has commenced, for a maximum of 24 months.

  • The Members acknowledge that the Construction Decision Trigger Date may occur before a record of decision and all necessary permits, approvals and authorizations to construct and operate a mine have been issued.

Related to Construction Decision

  • Construction Change Directive means a written order prepared by Owner Parties and signed by Owner directing Contractor to perform a change in the Work prior to agreeing to a change, if any, to the Contract Time, schedule of performance of the Work, Contract Sum, or Contractor’s compensation.

  • Construction defect means a deficiency in or a deficiency arising out of the design, specifications, surveying, planning, supervision, or observation of construction or construction of residential improvements that results from any of the following:

  • Construction Work means any work in connection with⎯

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Construction activity means any clearing, grading or excavation associated with large construction activity or associated with small construction activity.