EPCIC definition

EPCIC has the meaning set forth in the Recitals.
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Examples of EPCIC in a sentence

  • Any Obligor or the Charterer or the Charter Guarantor or the Builder or the Mooring EPC Contractor or the Mooring Installation Contractor or the EPCIC Contractor or the Refund Guarantor or Modec is unable or admits inability to pay its debts as they fall due, suspends making payments on any of its debts or, by reason of actual or anticipated financial difficulties, commences negotiations with one or more of its creditors with a view to rescheduling any of its indebtedness.

  • This EPC The different models of EPC Contracts, the inherent risk, liabilities and befits of employing various contracting strategies, the challenges of EPCIC lump sum contracts and the ways to manage cost over-runs, structuring the contract to address the issues of the several parties to the contract to ensure a positive project outcome.

  • MTCE is principally engaged in the business of engineering consultancy services, engineering, procurement, construction, installation and commissioning (EPCIC) and operation and maintenance (O&M) of floating production and storage unit (FPSU).

  • In addition, RAHB will also benefit from carrying out EPCIC works relating to the conversion/modification of the FPSO DP1 to the client’s specifications/requirements.

Related to EPCIC

  • CSAM or "Credit Suisse" (or any combination thereof).

  • NPCI means National Payments Corporation of India;

  • TMDL means the total maximum daily load limitation of a parameter, representing the estimated assimilative capacity for a water body before other designated uses are adversely affected. Mathematically, it is the sum of wasteload allocations for point sources, load allocations for non-point and natural background sources, and a margin of safety.

  • CMBI means Chase Manhattan Bank International, an indirect wholly-owned subsidiary of Bank, located in Moscow, Russia, and any nominee companies appointed by it.

  • dwarfism means a medical or genetic condition resulting in an adult height of 4 feet 10 inches (147 centimeters) or less;