FNTP definition

FNTP means a full notice for Seller to proceed with construction of the Facility under a Definitive Agreement that is a BOT acquisition agreement, as more particularly described in the Model BOT Agreement.

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FNTP has the meaning given to it in Clause 6.6.

FNTP means the full notice to proceed (or similar notice) that Seller delivers pursuant to the construction agreement pursuant to which the Facility will be constructed.

Examples of FNTP in a sentence

• Seller shall use commercially reasonable efforts to obtain prior to FNTP all material Contracts required or reasonably expected to be transferred to Buyer pursuant to this Agreement, including the Contracts specified in Section 7.2(a).

• To the extent any such studies are not complete by the Effective Date, Buyer expects them to be complete and in form and substance acceptable to Buyer before FNTP, with updating to occur near the Closing, and the Agreement to be modified accordingly.

• For each insurance coverage required under Section 13.1(a)(v) (Marine Cargo and Watercraft), Section 13.1(a)(vi) (Aircraft Liability), Section 13.1(a)(vii) (Insurance Required by Law or Financing Parties), Section 13.1(a)(viii) (Seller’s Equipment Floater), or Section 13.4 (BAR Insurance), Seller shall furnish the certificate of insurance for such coverage to Buyer on or before the FNTP Date.

• Subject to the occurrence of the FNTP Date, Seller shall cause the Work to achieve Mechanical Completion.

• Subject to the occurrence of the FNTP Date, Seller shall cause the Work to achieve Final Completion.

More Definitions of FNTP

FNTP means Full Notice to Proceed.

FNTP means the full notice to proceed issued by the Owners to TANE pursuant to the EPC Contract with respect to STP 3 and STP 4, as applicable. “Funding Recommencement Date” means, with respect to each Unit, the date the Unit reaches the Substantial Completion Date under the EPC Contract. “Governmental Authority” means any federal, state or local governmental entity, authority or agency, court, tribunal, regulatory commission or other

FNTP shall have the meaning given to it in the GIMI Topsides Agreement;

FNTP means a full notice to proceed issued by a Customer under a Turnkey Contract, with all conditions precedent, including issuance of the COL for the applicable Plant and the other conditions precedent specified in the Turnkey Contract executed by that Customer, having been satisfied or, if not satisfied, waived by the Company.

FNTP means the full notice to proceed issued by the Owners to TANE pursuant to the EPC Contract with respect to STP 3 and STP 4, as applicable.

FNTP means full notice to proceed as defined under the EPC Agreement.

FNTP means, with respect to any Project, the “Full Notice to Proceed”, purchase request (or equivalent term) under the Construction Contracts and Equipment Supply Agreement for such Project (without giving effect to any waivers of the terms thereof unless consented to by the Administrative Agent, acting at the direction of Required Lenders).