Phase Completion definition
Examples of Phase Completion in a sentence
Without prejudice to Clauses 40 (DBFM Co Event of Default), 42 (Authority Voluntary Termination), 46 (Compensation on Termination) and 47 (Consequences of Termination) the Authority shall not be entitled to claim liquidated or general damages in respect of any delay which elapses between the Completion Date [Phase Completion Date] and the Actual Completion Date [relevant Phase Actual Completion Date].
The following chart presents the projected data for each phase of the Project: Phase # of Homes Effective Date Phase Completion Date Minimum Phase Valuation Phase Approx.
Notwithstanding that the Works [relating to a Phase] may have been completed in accordance with this Agreement, the Actual Completion Date [Phase Actual Completion Date] may only occur on a date on or after the Completion Date [Phase Completion Date] unless the Authority, in its absolute discretion, agrees otherwise in writing.
Without prejudice to Clauses 40 (Sub-hubco Event of Default), 42 (Authority Voluntary Termination), 46 (Compensation on Termination) and 47 (Consequences of Termination) the Authority shall not be entitled to claim liquidated or general damages in respect of any delay which elapses between the Completion Date [Phase Completion Date] and the Actual Completion Date [relevant Phase Actual Completion Date].
No later than [***] after the Technology Transfer Phase Completion, Sanofi shall submit to Ardelyx a plan (the “Pre-Clinical Development Plan”) for the discovery, research and pre-clinical development of Program Compounds, which plan may be amended from time to time by Sanofi at its sole discretion and shall have a stated goal of Filing an IND for one or more Program Compounds.
Without prejudice to Clause 40 (Project Co Event of Default), 42 (Authority Voluntary Termination), 46 (Compensation on Termination) and 47 (Consequences of Termination) the Authority shall not be entitled to claim liquidated or general damages in respect of any delay which elapses between the Completion Date [Phase Completion Date] and the Actual Completion Date [relevant Phase Actual Completion Date].
The thirtieth (30th) day after the Effective Date shall be the “Technology Transfer Phase Completion” unless Sanofi has provided Ardelyx with written notice prior to such date identifying the specific Technology Transfer Deliverables that have not been received as of such date, in which case, the Technology Transfer Phase Completion shall occur on such date as the previously noticed and identified Technology Transfer Deliverables are received by Sanofi.
Where an extension of time has been agreed as part of the Estimate the Completion Date [relevant Phase Completion Dates] shall be extended as agreed in the Estimate.
After the Technology Transfer Phase Completion, the “Prior Development Phase” shall commence.
Not less than [sixty (60)] Business Days prior to the [first Phase] Completion Date and each subsequent renewal date in respect of each of the Operational Insurances, Project Co must inform the Authority’s Representative of the forthcoming requirement to place or renew an Operational Insurance and its proposals for obtaining competitive quotations from at least ([three (3)] suitable insurers.