FNTP Date definition

FNTP Date has the meaning set forth in Section 7.2(b).

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FNTP Date means the date, subject to Section 6.2.6, on which the Full Notice to Proceed as issued by Owner becomes effective in accordance with its terms, which effective date shall be set forth in the Full Notice to Proceed when issued by Owner and which date shall in any event shall not be any sooner than five (5) Business Days after the date on which Owner issues the Full Notice to Proceed.

FNTP Date has the meaning set forth in Section 7.2(b). “FNTP Expiration Date” means [ ].

Examples of FNTP Date in a sentence

• 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.

• Buyer has received an FNTP Date Tax Certificate according to Section 20.7(j); interests and rights necessary or advisable for the Project Assets or the Project and provided to Buyer related documentation and approvals.

• Within ten (10) Business Days after the date that is twelve (12) Months after the FNTP Date, Contractor shall, to the extent it has not otherwise done so, increase such Letter of Credit to an amount equal to [***] of the Contract Price as of such date.

• Notwithstanding anything set forth in this Agreement to the contrary, nothing expressly stated or implied in this Agreement or represented to Buyer shall require (or be construed as requiring) Seller to undertake the development, construction, financing, installation or operation of all or any portion of the Facility prior to the FNTP Date.

• FNTP DATE; MECHANICAL COMPLETION; SUBSTANTIAL COMPLETION; FINAL COMPLETION 58 Section 7.1. FNTP Date.

• If there is not an Effective Date Tax Certificate or FNTP Date Tax Opinion, the Agreement will include a form FNTP Date Tax Certificate and FNTP Date Tax Opinion.

• Prior to the FNTP Date, Contractor shall review the most recent audited financial statements for Contractor and Contractor Guarantor with Owner’s chief financial officer and Parent’s chief financial officer (or their respective designees) at a location of Owner’s option.

• Owner shall notify Contractor by no later than three hundred sixty five (365) Days after the FNTP Date of the number of Operating Personnel and the job disciplines of such Persons that Owner will make available for training.

• With respect to operating spare parts for the Equipment for use after Substantial Completion, no later than five hundred fifty (550) Days after the FNTP Date, Contractor shall deliver to Owner for Owner’s review and comment a detailed list of the manufacturer- and Contractor-recommended operating spare parts for each applicable item of Equipment necessary for operating such Equipment (including components and systems of such Equipment).

More Definitions of FNTP Date

FNTP Date has the meaning assigned to the term “Full Notice to Proceed Date” in the EPC Contract.

FNTP Date means the date on which Seller has (a) delivered full notice to proceed (however defined or described) to the BOP/EPC Contractor under the BOP/EPC Contract and all conditions precedent to the effectiveness of such notice have been satisfied and (b) if the supply of modules for the Facility is not within the scope of the BOP/EPC Contractor’s obligations under the BOP/EPC Contract, delivered a purchase order or full notice to proceed (as applicable, and however defined or described) to the Module Supplier for all photovoltaic modules to be installed at the Facility and all conditions precedent to the effectiveness of such purchase order or notice, as applicable, have been satisfied.

FNTP Date means the date that a full notice to proceed is issued by Seller to the engineering, procurement and construction contractor for the Facility.