Phase 1B definition
Examples of Phase 1B in a sentence
Any Fund Balance at the end of Phase 1b shall be refunded by SCWD to EMWD after a final accounting thereof.
If EMWD does not participate in the Project in Phase 2, and if SCWD decides to proceed to Phase 2, EMWD shall not be entitled to a refund or reimbursement from Project Bond proceeds of any amounts previously paid or required to be paid hereunder and applied by SCWD to the EMWD Share of the Phase 1a Procurement Costs actually incurred or paid by SCWD or the EMWD Share of the Phase 1b Preliminary Services Costs actually incurred or paid by SCWD.
To facilitate the payment of the Phase 1b Preliminary Services Costs in a timely manner, EMWD shall pay to SCWD the Phase 1b Initial Deposit, the Phase 1b Second Deposit and the Phase 1b Additional Deposit(s), at the times set forth in Section 5.5 hereof.
EMWD shall forfeit any amounts previously paid or required to be paid hereunder and applied by SCWD to the EMWD Share of the Phase 1a Procurement Costs actually incurred or paid by SCWD or the EMWD Share of the Phase 1b Preliminary Services Costs actually incurred or paid by SCWD.
SCWD’s determination of the final Anticipated Facility Capacity will be informed by the completion of the Phase 1b Preliminary Services and the level of participation expressed by the Phase 1 Project Participants for Phase 2, among other factors.