Phase I Completion Date definition

Phase I Completion Date means the date on which the Construction Supervisor issues a written notice (the "Phase I Completion Notice") to TEC certifying that the Phase I Performance Test has been completed.

Phase I Completion Date is hereby amended to read in its entirety as follows:

Phase I Completion Date shall have the meaning set forth in Section 9.2(a).

Examples of Phase I Completion Date in a sentence

• Except as set out below, each has held the principal occupations set out opposite his name for the past five years.

• The parties shall enter into the Phase II Funding Agreement, to memorialize the State’s contribution of the Phase II State Funds for the Project, and their other obligations and understandings regarding Phase II, only if the County meets the Phase I Benchmarks on or before the Phase I Completion Date (as it may be extended by the State, in its reasonable discretion).

• So long as no Event of Default has occurred and is continuing, Bank shall extend the Phase I Completion Date or the Phase II Completion Date (and shall consent to any applicable extension of takedown schedule under any affected Lot Sale Contract), as applicable, by a period of time equal to the period of the 19 delay, but not more than a total of ninety (90) days.

• In the event the PMIX Submittal Date is extended by the City Manager, the Minimum Development – Phase I Commencement Date and the Minimum Development – Phase I Completion Date shall automatically be extended for the same amount of time.

• If the CILCO Mitigation Projects are not in service by the Phase I Completion Date, as a result of Applicants' failure to use best efforts to complete the CILCO Mitigation Projects by such date, then Applicants shall continue to offer the 100 MW of power and energy but at the MVI price minus 10% until such CILCO Mitigation Projects have been satisfactorily completed, provided that the total value of discounts from the MVI price applicable to the CILCO Mitigation Projects shall not exceed $1,000,000.

More Definitions of Phase I Completion Date

Phase I Completion Date means June 30, 2017.

Phase I Completion Date means the date on which the Construction Supervisor issues a written notice (the "Phase I Completion Notice") to the Borrower and the Disbursement Agent certifying that (a) the process units and supporting facilities included in the definition of "Phase I" have reached Mechanical Completion in accordance with the Plans, as defined in the Disbursement Agreement and (b) for a period of at least 15 consecutive days, the Refinery has sustained (i) the successful performance of the Delayed Coking Unit, the Hydrodesulfurization Unit and the Sulfur Recovery System, (ii) an average feedstock throughput level of at least 150,000 barrels per day, and (iii) no net production of vacuum tower bottoms when using as input a combined feedstock slate with an average API Gravity of 22 degrees or less.

Phase I Completion Date means the date, determined by Lender, Borrowers shall have delivered to Lender, in each case in form and substance satisfactory to Lender, the following:

Phase I Completion Date means the date on which Bakex & X'Brien, Inc., as construction supervisor, issues a written notice (the "Phase I Completion Notice") to TARC certifying that (a) the process units and supporting facilities included in the definition of "Phase I" have reached mechanical completion, and (b) for a period of at least 15 consecutive days, the TARC Refinery has sustained (i) the successful performance of the Delayed Coking Unit, the Hydrodesulfurization Unit and the Sulfur Recovery System, (ii) an average feedstock throughput level of at least 150,000 barrels per day, and (iii)

Phase I Completion Date means the date on which the Disbursement Agent countersigns the Company’s Completion Certificate for the Phase I Project (including the Entertainment Facility and the Fairway Villas) pursuant to Section 2.7 of the Disbursement Agreement acknowledging that Completion of the Phase I Project has occurred.

Phase I Completion Date has the meaning ascribed to it in the forepart of this agreement.

Phase I Completion Date shall have the meaning ascribed thereto in the Phase I Ex-Im Bank Facility Agreement.