Design Adjustment definition
Design Adjustment means any refinement of Project Co’s design, drawings and specifications in respect of the Project Facilities between the date of submission by Project Co of the Interim Schematic Design (in accordance with the requirements set forth in the Preferred Proponent Agreement) and the Schematic Design Acceptance Date and which refinements are required in order to achieve Schematic Design Acceptance, which is not a change to the HMQ Design Requirements, and shall not result in an adjustment to the Monthly Service Payments;