Examples of Mechanical Completion in a sentence
Subject to the occurrence of the FNTP Date, Seller shall cause the Work to achieve Mechanical Completion.
At least twenty-one (21) days, but no more than thirty-five (35) days, prior to the date on which Seller anticipates the Work will achieve Mechanical Completion (the “Anticipated Mechanical Completion Date”), Seller shall provide to Buyer written notice of the Anticipated Mechanical Completion Date.
The Purchase Price shall be increased or decreased, as applicable, to the extent provided in any Change Orders pursuant to Section 6.2 and Section 10.3. The changes shall be applied to the payment due at Mechanical Completion or, if that payment has been made, to the payment due at Project Substantial Completion.
The Buyer shall notify the Seller when each Unit achieves Mechanical Completion.
At Mechanical Completion of the Project, the Parties contemplate that ProjectCo Interests will be sold to a limited liability company, the members of which will be one or more Affiliates of AESI and one or more Tax Equity Investors.