Examples of Phase 2 Completion Date in a sentence
Prior to the Phase 2 Completion Date, moneys in the Bond Proceeds (Project Costs) Subaccount and the HPTE Capital Subaccount, were disbursed (subject to Section 4.03(e) of the Original Security Agreement) by the Security Trustee to the Concessionaire to pay, or reimburse for a prior payment of construction related Project Costs contemplated in Section 4.03(d)(ii) of the Original Security Agreement (for certainty not including any Debt Service) in the manner and at the time contemplated in such section.
The Ramp Up Reserve Account was funded on the Phase 2 Completion Date in an amount equal to $6,000,000 from moneys on deposit in the Project Proceeds Account (other than from the Bond Proceeds (Project Costs) Subaccount or the Bond Proceeds (Costs of Issuance) Subaccount).
Phase 2 Completion: <Phase 2 Completion Date> All work shall be completed for the <Phase 2 of Project>.
Developer hereby agrees that, subject only to Force Majeure and Section 2.04 hereof, Developer shall Substantially Complete construction of (a) Phase 1 of the Project on or before December 31, 2014 (the "Phase 1 Completion Date") as set forth in the Performance Milestones attached hereto as Exhibit G, and (b) the balance of Phase 2 of the Project on or before the Phase 2 Completion Date set forth in the Performance Milestones attached hereto as Exhibit G.
On the Phase 2 Completion Date, SPN must:pay the sum of $1,025,000 to the Company.
Within one hundred twenty (120) Days after each of the Phase 1 Completion Date and the Phase 2 Completion Date, and also at any other time requested by the Aviation Department, Lessee, at its sole cost and expense, shall provide to the Aviation Department a schedule of all costs it proposes to be considered by the Aviation Department as Capital Expenditures.
Phase 2 Completion must take place on the Phase 2 Completion Date or at another time and date agreed between the parties.
Additionally, Lessee shall spend a minimum Capital Expenditure amount of Five Million and No/100 Dollars ($5,000,000.00) ("Phase 2 Minimum Capital Expenditure") to complete all the Improvements required in Section 6.2(b) no later than the Phase 2 Completion Date.
All actions required to be performed by the parties on the Phase 2 Completion Date are interdependent and are taken to have occurred simultaneously on the Phase 2 Completion Date.
Phase 1 Completion Date and Phase 2 Completion Date will be within ten business days and within three months respectively after fulfillment of all the conditions precedent set out in the Subscription Agreement or such other date as may be agreed between the Company and the Subscriber.