Factory Acceptance Certificate definition
Examples of Factory Acceptance Certificate in a sentence
After completing the technical instruction, SELLER shall commence the Factory Acceptance Test, and provided that the Equipment meets the Technical Specifications, BUYER and SELLER shall sign the Factory Acceptance Certificate.
The Senior Lenders have received a certificate from the Independent Engineer substantially in the form of Schedule 11 (Form of Independent Engineer’s Disbursement Certificate), including a confirmation certifying that the Wind Turbine Nacelle Factory Acceptance Certificate, in respect of the Wind Turbines scheduled to be delivered by the date of the relevant Disbursement in accordance with the Offshore TSA, has been issued and is satisfactory to it.
Additional silicon for training of BUYER’s personnel will be supplied by BUYER SELLER Initials & Date 25/3-08 JB BUYER Initials & Date DN 4/8/08 This Factory Acceptance Certificate is being signed pursuant to Section 5.2.2 of the Equipment Purchase & Sale Agreement (the “Agreement”) dated _______________, 2007, by and between HOKU MATERIALS, INC., and PVA TEPLA AG.
Upon the issuance of the Factory Acceptance Certificate signed by the Buyer, Seller shall disassemble the Equipment and pack and crate the Equipment in a manner suitable for shipment.
SELLER shall ship the Equipment to BUYER as soon as practicable after successful completion of the Factory Acceptance Test, as evidenced by the Factory Acceptance Certificate signed by SELLER and BUYER; provided, however, that the SELLER may not ship the Equipment until the Factory Acceptance Certificate has been signed by BUYER.
The Supplier will then issue to the Purchaser a Factory Acceptance Certificate.
SELLER shall pay to BUYER liquidated damages (the “Liquidated Damages”) if (A) the Factory Acceptance Certificate has not been signed by SELLER and BUYER, or (B) the Equipment has not been delivered FOB to the Port of Shipment on or before the Shipment Date.
In this case You will appoint Us as your agent to issue a signed Factory Acceptance Certificate a copy of which will be furnished to You.
The grant of approvals under Clause 6.2.6 of the Scope of Works and the issue of any Design Review Certificate, Factory Acceptance Certificate or System Acceptance Certificate by the Purchaser shall not in any way prejudice or affect the rights of the Purchaser under the Contract or amend or reduce the Contractor's responsibilities under the Contract.