Mobilization Phase definition
Examples of Mobilization Phase in a sentence
Thereafter, by the 15th day of each month during the Mobilization Phase, Operator shall invoice Owner for Mobilization Services one month in advance.
Each monthly invoice for Mobilization Services shall be the sum of the projected amount of the following month’s Mobilization Compensation based on the Mobilization Phase Budget as updated by the most recent cash flow analysis by the Administrator.
If, however, EPC Contractor causes a delay in the Commercial Operation Date after Owner’s confirmation referred in this Section, Owner will not reimburse any cost incurred by Contractor during Mobilization Phase.
If Owner extends the Commercial Operation Date after its confirmation, Owner will pay for the direct and reasonably costs incurred by Contractor during Mobilization Phase.
For the Mobilization Services provided by Contractor, Contractor shall invoice the total amount described below (“Mobilization Fee”), which will be divided in 12 (twelve) equal instalments, each to be invoiced monthly, on or about the fifth day of the Mobilization Phase and on or about the fifth of each month thereafter.