Infrastructure BFS definition
Examples of Infrastructure BFS in a sentence
Infrastructure Owner shall construct and complete the Stage 1 Development in accordance with the Infrastructure BFS so as to achieve the Infrastructure Completion Date by the date specified in the Infrastructure BFS as the ICD Target Date, as that date may be extended by any ICD Deemed Extension.
The Parties acknowledge and agree that Infrastructure Owner will be deemed to satisfy the requirements of Article 8.2 of the BOT Law upon the submission to the State of the Infrastructure BFS.
The carrying out of the State Enabling Activities on an on-going basis to the satisfaction of the Foundation Customer (not to be unreasonably withheld) shall be a condition precedent to progressing and completing the Infrastructure BFS and In-country Activities.
Following its approval by the Infrastructure Consortium pursuant to Article 2.3(c) and a positive Infrastructure Investment Decision, the rights in the Infrastructure BFS shall be assigned to the Infrastructure Consortium (subject to its cost being paid to the Foundation Customer as part of Historical Infrastructure Costs referred to in Article 2.11).
Unless Foundation Customer gives Infrastructure Owner a Notice to delay the Stage 2 Development and such Notice is given on or before a date to be agreed by Foundation Customer and Infrastructure Owner, as part of the co-completion arrangements referred to in Article 7(f), Infrastructure Owner must construct and complete the Stage 2 Development in accordance with the Infrastructure BFS.
The Infrastructure Consortium shall from then be fully responsible for the Infrastructure BFS and any amendment thereof, it being agreed and understood that the Foundation Customer shall in no way be liable for any of the contents or findings of the Infrastructure BFS (including for the period prior to the assignment of the Infrastructure BFS to the Infrastructure Consortium).