Guaranteed Project Substantial Completion Date definition

Guaranteed Project Substantial Completion Date means [insert date].
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Guaranteed Project Substantial Completion Date means October 31, 2019, as modified in accordance with Section 5.5 and Article 9; provided, that (a) if the Closing Date occurs after November 1, 2018 and on or prior to March 1, 2019, the Guaranteed Project Substantial Completion Date shall be extended on a day for day basis for each day between November 2, 2018 and the Closing Date, (b) if the Closing Date occurs on or after March 2, 2019 and on or before June 30, 2019, the Guaranteed Project Substantial Completion Date shall mean August 31, 2020, and (c) if, following issuance by Owner of a Limited Notice to Proceed on or before July 1, 2019, the Closing Date occurs on or before September 1, 2019, the Guaranteed Project Substantial Completion Date shall mean October 31, 2020, in each case as modified in accordance with Section 5.5 and Article 9.
Sample 1Sample 2
Guaranteed Project Substantial Completion Date means October 31, 2020, as modified in accordance with Section 5.5 and Article 9.
Sample 1

Examples of Guaranteed Project Substantial Completion Date in a sentence

  • After Seller’s compliance with Section 10.2, the Parties shall execute a Change Order to (a) adjust the Critical Path Project Schedule (other than the Guaranteed Project Substantial Completion Date), to account for material delays to the Critical Path Project Schedule resulting from the Excusable Event and/or (b) adjust the Contract Price to account for the material increase in the cost of the performance of the Work resulting from the Excusable Event.

  • Seller agrees that if Project Substantial Completion is not achieved by the Guaranteed Project Substantial Completion Date, then Seller shall pay the Daily Delay Liquidated Damages to Purchaser for each Day that Seller fails to achieve Project Substantial Completion after the Guaranteed Project Substantial Completion Date until Project Substantial Completion is achieved (the “Delay Liquidated Damages”).

  • Except as set forth in Section 6.2, Section 9.2 or Section 3.4 of this Agreement or unless otherwise expressly provided by the terms of this Agreement, there shall be no increase in the Contract Price or extension in the Guaranteed Project Substantial Completion Date except as agreed in writing by the Parties or otherwise expressly provided by this Agreement.

  • The proposed recovery schedule will, at a minimum, demonstrate the means by which Seller intends to recapture lost time, meet Critical Milestones and achieve Project Substantial Completion by the Guaranteed Project Substantial Completion Date.

  • After achieving Project Substantial Completion, Seller may, at its option and sole cost and expense, continue to attempt to achieve the Guaranteed XXXX XX Efficiency until the date that is ninety (90) Days after the Guaranteed Project Substantial Completion Date (such period, the “XXXX XX Efficiency Test Cure Period”).

  • After achieving Project Substantial Completion, Seller may, at its option and sole cost and expense, continue to attempt to achieve the Minimum Guaranteed Plant Reliability until the date that is ninety (90) Days after the Guaranteed Project Substantial Completion Date (such period, the “Reliability Test Cure Period”).

  • After achieving Project Substantial Completion, Seller may, at its option and sole cost and expense, continue to attempt to achieve the Guaranteed XXXX Storage Capacity until the date that is ninety (90) Days after the Guaranteed Project Substantial Completion Date (such period, the “Capacity Test Cure Period”).

  • After achieving Project Substantial Completion, Seller may, at its option and sole cost and expense, continue to attempt to achieve the Minimum Guaranteed Plant Capacity until the date that is ninety (90) Days after the Guaranteed Project Substantial Completion Date (such period, the “Capacity Test Cure Period”).

  • Without altering, revising or otherwise changing the Guaranteed Project Substantial Completion Date, Seller shall, on a monthly basis submit an updated Critical Path Project Schedule to Purchaser and the Independent Engineer.

  • The remedies provided for in this Article 15, shall be, in addition to Purchaser's rights to terminate this Contract, the sole and exclusive remedies of Purchaser for failure of Seller or the Project to achieve (a) Project Substantial Completion by the Guaranteed Project Substantial Completion Date, including the obligation to achieve commercial operation of the Project in accordance with the Project Schedule, (b) the Minimum Guaranteed Plant Capacity and (c) the Minimum Guaranteed Plant Reliability.

Related to Guaranteed Project Substantial Completion Date

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

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

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

  • 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.

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

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

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Morley Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Subproject means a specific project to be carried out by an existing BE utilizing the proceeds of a Sub-loan or Investment, as hereinafter defined, fulfilling the conditions set forth in Part A of Schedule 4 to this Agreement;

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

  • Landlord’s Work means the work of constructing the Tenant Improvements.

  • Tenant Improvement Work means the construction of the Tenant Improvements, together with any related work (including demolition) that is necessary to construct the Tenant Improvements.

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;