Future Phase definition

Future Phase means any project undertaken by TTMT in the JDA wherein the scope of work is not covered under the scope of work outlined in the services agreement in relation to the Phase I Project or the Services Agreement and for the avoidance of doubt, shall exclude (1) any facilities which are utilised for the production and transportation of petroleum, natural gas, liquefied natural gas and/or liquefied petroleum gas in and from the JDA and which are shared or to be shared between the Phase I Project, the Phase II Project or any Future Phase; and (2) any routine maintenance in connection with either the Phase I Project or the Phase II Project.
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Future Phase means a future phase which may be developed by the Developer as it moreover appears from the Development Layout. The term “Future Phases” will have a corresponding meaning;
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Future Phase has the meaning set out in Section 4(a). “Future Phase Closing” has the meaning set out in Section 4(e).
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Examples of Future Phase in a sentence

  • From time to time during the Appointment Period, Declarant may unilaterally add to the Development Property additional real property adjacent to the Development Property and subject same to the Development Property as Future Phase Property.

  • It is clearly understood and so agreed by and between the Parties hereto that all the provisions contained herein and the obligations arising hereunder in respect of the Designated Apartment and the Project and/or projects on Future Phase Lands, if any, shall equally be applicable to and enforceable against any subsequent allottees of the Designated Apartment, in case of a transfer, as the said obligations go along with the Designated Apartment for all intents and purposes.

  • It is clarified that the liability of the allottees of the projects in Future Phase Lands shall commence only from the date when the membership of the Sargam Club is granted to them.

  • The Future Phase Contribution may be offset by verified amounts previously paid by US2 to develop the Union Square Neighborhood Plan, and fund a local small business assistance program provided that the amount of such offset shall not exceed $750,000.

  • TA-5 will be extended if CRDA decides to add Tasks related to the Future Phase Construction Identified in TAs 6 and 7.Note: Other Task Authorizations may be added to the Contract within the Construction Budget defined in Paragraph 1.4.a above.

  • The Future Phase Contribution shall be in addition to, and not in substitution of, any payment required of US2 for the GLX Contribution, Offsite Infrastructure Contribution, and/or Community Benefits Contribution required hereunder.

  • The City, in its sole discretion, may allocate all or portions of each Future Phase Contribution to the City’s required GLX contribution, infrastructure, or community benefits needs.

  • The fee per square foot of the Future Phase Contribution shall be adjusted annually by the change in CPI beginning on the CPI Adjustment Date until the date on which the first fifty percent (50%) of the Future Phase Contribution for such building is due and payable as hereinafter described.

  • For purposes of calculating the Future Phase Contribution, the square footage of structured parking permitted as a required part of the Future Phase shall be excluded.

  • Without in any way limiting US2’s obligations under the MDDA, MLDA or any related land disposition agreement (whether executed by US2 or an affiliate) entered into with the SRA, US2 shall contribute funds in the amount of $2.00 per gross square foot of development of a Future Phase (the “Future Phase Contribution”).


More Definitions of Future Phase

Future Phase. (Not included in this Contract) Xxxxxxx Xxxx will work with City Staff and Stake Holders to begin development of any special design codes, architectural standards, standard details, materials selections, covenants and restrictions, etc. that will define the architectural style, look and feel of the new Tontitown Heritage Village. *Base file images for plans will be GIS and aerial imagery only, unless written approval from the client, for the additional costs of field survey work and/or drone shots taken for more accurate base files. Approved survey work will be performed on an hourly basis. Additional Services:
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Related to Future Phase

  • Development Phase means the period before a vehicle type is type approved.

  • Phase 3 means the period commencing on the day after the Phase 2 implementation date and ending on the Phase 3 implementation date (as defined below).

  • Phase 2 means the second implementation phase of this section, beginning June 1, 2022 and continuing thereafter.

  • Construction Phase means that Phase of the Project which shall commence after the Authority provides the Trade Contractor with written Notice to Proceed with the Construction Phase.

  • Term Start Date has the meaning set forth in Section 1.01.

  • Phase 1 means the first implementation phase of this section, beginning June 1, 2018 and ending May 31, 2022.

  • Design Phase means the period during which the Transporter shall prepare a draft project proposal for publication in accordance with section 4.3;

  • Expansion means the addition of buildings, structures, machinery or equipment for purposes of increasing production capacity.

  • Framework Commencement Date means [insert date dd/mm/yyyy];

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • Phase III means Phase I (or Phase I/II), Phase II (or Phase II/III) and Phase III clinical trials, respectively, in each case as prescribed by applicable FDA IND Regulations, or any corresponding foreign statutes, rules or regulations.

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.

  • Commencement of Development means the date on which any material operation (as defined in Section 56(4) of the Act) forming part of the Development is begun other than (for the purposes of this Deed and for no other purpose) operations consisting of site clearance, demolition work, archaeological investigations for the purpose of assessing ground conditions, remedial work in respect of any contamination or other adverse ground conditions, diversion and laying out of services, erection of any temporary display of site notices or advertisements and “Commence Development” shall be construed accordingly

  • Phase III Study means a human clinical trial that is prospectively designed to demonstrate statistically whether a product is safe and effective for use in humans in a manner sufficient to obtain regulatory approval to market such product in patients having the disease or condition being studied as described in 21 C.F.R. § 312.21(c) (FDCA), as amended from time to time, and the foreign equivalent thereof.

  • Project Start Date means the first Milestone Start Date specified in Schedule B;

  • Commercial Operations Upon satisfaction of the following conditions, the Facility shall be considered to have achieved Commercial Operations on the Day specified in Seller's written notice described below: (i) the Acceptance Test has been passed, (ii) all generating units have passed Control System Acceptance Tests, (iii) the Transfer Date has occurred, (iv) Seller has (1) provided to Company the Required Models (as defined in Section 6(a) (Seller's Obligation to Provide Models) of Attachment B (Facility Owned by Seller)) in the form of Source Code, (2) placed the current version of the Source Code for the Required Models with the Source Code Escrow Agent as required in Section 6(b)(i)(A) (Establishment of Source Code Escrow) of Attachment B (Facility Owned by Seller), or (3) if Seller is unable to arrange for the placement of the appropriate Source Code into the Source Code Escrow account, placed the required funds with the Monetary Escrow Agent as required in Section 6(b)(ii)(A) (Establishment of Monetary Escrow) of Attachment B (Facility Owned by Seller), and (v) Seller provides Company with written notice that (aa) Seller is ready to declare the Commercial Operations Date and (bb) the Commercial Operations Date will occur within 24 hours (i.e., the next Day).

  • Phase II means the second part of the tuition incentive assistance program which provides assistance in the third and fourth year of 4-year degree programs.

  • Commencement of Commercial Production means the first occurrence of Commercial Production in an Area.

  • Phase or “Phases” in respect of the Project shall mean that the components of the Project are placed in service during more than one year during the Investment Period, and the word “Phase” shall therefore refer to the applicable portion of the Project placed in service in a given year during the Investment Period.

  • Commercial Operation means the condition of operation in which the complete equipment covered under the Contract is officially declared by the Owner to be available for continuous operation at different loads up to and including rated capacity. Such declaration by the Owner, however, shall not relieve or prejudice the Contractor of any of his obligations under the Contract.

  • Commercial Launch means on a country-by-country basis, the first sale of a Product to a Third Party following Regulatory Approval of the Product in such country.

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • Phase II Study means a human clinical trial, for which the primary endpoints include a determination of dose ranges and/or a preliminary determination of efficacy in patients being studied as described in 21 C.F.R. § 312.21(b) (FDCA), as amended from time to time, and the foreign equivalent thereof.

  • Project Plan means the document to be developed by the Contractor and approved by Webel Technology Ltd., based on the requirements of the Contract and the Preliminary Project Plan included in the Contractor’s bid. For the sake of clarity, the Agreed and Finalized Project Plan” refers to the version of the Project Plan submitted by the contractor after receiving the letter of Award and the same approved by Webel Technology Ltd. The project plan may be changed/ modified during the course of the project. Should the Project Plan conflict with the provisions of the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Commercial Operations Date or "COD": The date on which Facility first achieves Commercial Operations.

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.