Examples of Guaranteed Provisional Acceptance Date in a sentence
Contractor shall provide all such Instruction Manuals relevant to the Project not later than six (6) months prior to the Guaranteed Provisional Acceptance Date.
Owner and Contractor hereby acknowledge and agree that the terms, conditions and amounts fixed pursuant to Section 7.2 for Provisional Acceptance Late Completion Payments are reasonable, considering the reduction in value of the Project and the increased costs that it is anticipated Owner will incur in the event of Contractor's failure to achieve at least one of Provisional Acceptance, Interim Acceptance or Final Acceptance of the Facility by the Guaranteed Provisional Acceptance Date.
The Company fulfills nearly all of its performance obligations within a one to two month- period and contracts with customers have an original expected duration of less than one year.
Owner shall arrange for the Utility's electrical interconnection facilities between the Electrical Interconnection Point and the Utility's transmission system to be constructed and made available for interconnection with the Facility at the Electrical Interconnection Point at least eight (8) months prior to the Guaranteed Provisional Acceptance Date (provided that Contractor has made the Facility available as reasonably required to permit such interconnection to have been made by such date).
Contractor guarantees that (i) at least one of Provisional Acceptance, Interim Acceptance or Final Acceptance of the Facility shall be achieved on or before the Guaranteed Provisional Acceptance Date; and (ii) Final Acceptance of the Facility shall be achieved on or before the Guaranteed Final Acceptance Date.
Except as otherwise set forth herein, no action by FPL or Contractor (unless FPL specifically agrees to the contrary) required or permitted under this Article shall affect the Guaranteed Provisional Acceptance Date or any other scheduled date described or defined under the terms of the Project Schedule or other Contract Document.
If Substantial Completion occurs on or before the date that is sixty (60) days after the Guaranteed Provisional Acceptance Date, Client shall pay to Contractor, as an Early Completion Bonus, an amount of $[*] per calendar day (the “Early Completion Payments”); provided that in no event shall the bonus exceed $[*].
Owner and Contractor hereby acknowledge and agree that the terms, conditions and amounts fixed pursuant to Section 7.2 for Provisional Acceptance Late Completion Payments are reasonable, considering the reduction in value of the Project and the increased costs that it is anticipated Owner will incur in the event of Contractor's failure to achieve at least one of Provisional Acceptance or Final Acceptance of the Facility by the Guaranteed Provisional Acceptance Date.
As further provided in this Section 8.2, liquidated damages will accrue for certain extended and unplanned outages, and for delay in achieving any Guaranteed Provisional Acceptance Date, the Guaranteed Substantial Completion Date, or Guaranteed Final Completion Date.
Nothing contained in this Article shall relieve Contractor of its obligation to pay Schedule Liquidated Damages in the event that Provisional Acceptance is not achieved by the Guaranteed Provisional Acceptance Date.