Permitted Completion Amount definition

Permitted Completion Amount means a sum equal to an amount certified by the Borrower and concurred with by the Independent Engineer (such concurrence not to be unreasonably withheld, conditioned or delayed) on the Project Completion Date and approved by each of the Working Capital Facility AgentsAgent (acting reasonably) as necessary to pay one hundred fifty percent (150%) of the Permitted Completion Costs.
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Permitted Completion Amount has the meaning given in Schedule A of the CSAA.
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Permitted Completion Amount means a sum equal to an amount certified by the Borrower and the Independent Engineer on the Term Conversion Date and approved by the P1 Administrative Agent (acting reasonably) as necessary to pay 125% of the Permitted Completion Costs.
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Examples of Permitted Completion Amount in a sentence

  • These GMPEs are in most case developed by mixing different site categories, with a majority of soil sites (see Ancheta et al.

  • On or prior to the Project Completion Date, the Company shall have delivered to the Trustee a certificate from an Authorized Officer of the Company (which certificate shall be confirmed to be reasonable by the Independent Engineer) certifying (a) that “Ready for Start Up” and “Substantial Completion” with respect to Train Three have occurred as defined in and pursuant to the EPC Contract (T3) and (b) the Company’s calculation of the Permitted Completion Amount.

  • The Term Loan A Administrative Agent shall have received a certificate of the Independent Engineer confirming (i) that Ready for Start Up and Substantial Completion with respect to both trains of the Project have occurred and the Lenders’ Reliability Test has been passed in accordance with the Lenders’ Reliability Test Criteria set forth in Schedule 6.05(c) and (ii) the Borrower’s calculation of the Permitted Completion Amount.

  • If Final Completion has not yet occurred, the Common Security Trustee shall have received evidence that the Permitted Completion Amount is on deposit in the Construction Account after giving effect to the deposits and transfers set forth in Section 5.02(e) (Construction Account) of the Accounts Agreement.


More Definitions of Permitted Completion Amount

Permitted Completion Amount means a sum equal to (i) an amount certified by Borrower and the Independent Engineer on the date of Completion and reasonably approved by Administrative Agent as necessary to pay Permitted Completion Costs plus, (ii) a contingency amount equal to 100% of such Permitted Completion Costs, which sum constituting the Permitted Completion Amount shall be more fully identified on the Drawdown Certificate for the Final Drawing.
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Permitted Completion Amount means a sum equal to an amount certified by the Borrower and the Independent Engineer on the Completion Date and approved by the Administrative Agent (acting reasonably) as necessary to pay one hundred ten percent (110%) of the Permitted Completion Costs.
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Related to Permitted Completion Amount

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

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

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • Substantial Completion Date means the required date for Substantial Completion of the Project. The Substantial Completion Date can be adjusted only by written Change Order.

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • Outside Completion Date shall have the meaning assigned to such term in Section 6.3(d).

  • 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 Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • 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.

  • Replenishment Amount has the meaning assigned to such term in Section 2.06(b).

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

  • Construction Period means the period commencing from the Appointed Date and ending on the date of the Completion Certificate;

  • Completion Rate means the percentage of an apprenticeship cohort who receives a certificate of apprenticeship completion within 1 year of the projected completion date. An apprenticeship cohort is the group of individual apprentices registered to a specific program during a 1 year time frame, except that a cohort does not include the apprentices whose apprenticeship agreement has been cancelled during the probationary period or who have transferred.

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

  • 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;

  • Alteration Threshold means, with respect to each Individual Property, five percent (5%) of the original Allocated Loan Amount (as defined in the Mortgage Loan Agreement) of such Individual Property.

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).