Guaranteed Completion Dates definition

Guaranteed Completion Dates has the meaning set forth in Section 6.8.

Examples of Guaranteed Completion Dates in a sentence

  • If Design-Builder claims that the suspension has affected either the Contract Sum or Guaranteed Completion Date(s), Design-Builder shall be entitled to submit a request for adjustment in accordance with Articles 8, 9 and/or 10, as applicable.

  • Owner’s review and approval of the Project Schedule shall not be construed as relieving Design-Builder of its complete and exclusive control and responsibility over the means, methods, sequences and techniques for executing the Work and does not constitute approval or acceptance of Design-Builder’s ability to complete the Work within the Guaranteed Completion Date(s).

  • In case of a dispute regarding the application of the provisions of this Article 10, including any dispute as to whether an Excusable Delay has occurred, either Party shall have the right to submit the dispute for resolution pursuant to Article 11, and Design-Builder shall bear the burden of proof, by clear and convincing evidence, in establishing its entitlement to adjustments to the Guaranteed Completion Date(s) and its entitlement to relief under this Article 10.

  • If the Parties fail to reach agreement on the terms of any change in the Work, including any adjustment in the Contract Sum or Guaranteed Completion Date(s), Design-Builder, at any time, may request in writing a final offer from Owner.

  • Within thirty (30) days of the occurrence of the event giving rise to the request for an extension to the Guaranteed Completion Date(s), unless Owner agrees in writing to allow an additional period of time to ascertain more accurate data, Design-Builder shall supplement the written notice provided in accordance with Section 10.4 with additional supporting data.

  • If the progress of the Work does not conform to the Project Schedule, Owner may instruct Design-Builder to revise the Project Schedule, showing the modifications necessary to achieve completion within the Guaranteed Completion Date(s).

  • Any requests by Contractor for an equitable adjustment in the Contract Sum and in the Guaranteed Completion Date(s) that arise out of the same event(s) shall be submitted together.

  • Design-Builder shall not be entitled to an adjustment in the Guaranteed Completion Date(s) for any events that occurred more than fourteen (14) days before Design-Builder’s written notice to Owner.

  • Design-Builder represents that the Work shall be planned, organized and executed in accordance with the Project Schedule to achieve the Guaranteed Completion Date(s).

  • Design-Builder shall have the duty diligently to proceed with the Work in accordance with Owner’s instructions despite any dispute or claim, including those events where the Parties are in disagreement as to whether instructions from Owner constitute a valid claim or change to the Contract Documents and justify adjustments to the Contract Sum or Guaranteed Completion Date(s).


More Definitions of Guaranteed Completion Dates

Guaranteed Completion Dates means the Guaranteed Provisional Acceptance Date and the Guaranteed Final Acceptance Date.

Related to Guaranteed Completion Dates

  • Guaranteed Substantial Completion Date or “Guaranteed Substantial Completion Dates” has the meaning set forth in Section 5.3B.

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • Scheduled Project Completion Date shall have the meaning specified in Section 6.3 (c);

  • Guaranteed Commercial Operation Date has the meaning set forth in Section 3.9(c)(i).

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • Final Completion Date means the date on which Final Completion occurs.

  • Substantial Completion Date means the date on which Substantial Completion occurs.

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Completion Rate means the percentage of an apprenticeship cohort who receives a certificate of apprenticeship completion within 1 year of the projected completion date. An apprenticeship cohort is the group of individual apprentices registered to a specific program during a 1 year time frame, except that a cohort does not include the apprentices whose apprenticeship agreement has been cancelled during the probationary period or who have transferred.

  • Guaranteed Maximum Price or “GMP” means the amount proposed by Contractor and accepted by Owner as the maximum cost to Owner for construction of the Project in accordance with this Agreement. The GMP includes Contractor’s Construction Phase Fee, the General Conditions Cost, the Cost of the Work, and Contractor’s Contingency amount.

  • Guaranteed Sum means: The maximum aggregate amount of R

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Commencement Date of the Contract means the date of signing of the Contract between the Purchaser and the Contractor.

  • Project Milestones means the project milestones set forth in Schedule-G;

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Guaranteed energy savings contract means a contract that includes all of the following:

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

  • 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.

  • Guaranteed elements means the premiums, credited interest rates (including any bonus), benefits, values, non-interest-based credits, charges, or elements of formulas used to determine any of these elements, that are guaranteed and determined at issue. An element is considered guaranteed if all of the underlying elements that go into its calculation are guaranteed.

  • Completion Guaranty means the Completion Guaranty of even date herewith executed by Guarantor in favor of Lender in connection with the Capital Improvement Work and the Loan, as amended from time to time.

  • Guaranteed loan means the loan in the original principal amount specified in Clause 4 of the Special Conditions made by the Guarantee Holder to the State-Owned Enterprise under the Loan Agreement and denominated in Guarantee Currency or, where the context may require, the amount thereof from time to time outstanding, the proceeds of which shall be applied to the Investment Project.