Examples of Practical Completion in a sentence
In delivering the Named Projects and in operating and administering the Named Project after Practical Completion, the Grant Recipient must observe and comply with Legislation, the applicable terms of the Affordable Housing Capital Funding Guide, the Recovery Determination and the Consents.
The Company is deemed to have accepted the extension of time to the date for Practical Completion if the Company does not, within 14 days of the receipt of the Supplier’s notice of Practical Completion, give written notice to the Supplier of the reasons for the non-acceptance.
If commissioning of the Tank is stipulated by either the Supplier in the scope of works or by the Company, then such commissioning must be undertaken within 30 days of the date of Practical Completion.
If the Company continues to reject the Practical Completion date then clause 18 of the Agreement shall apply.
Unless otherwise agreed between the parties these records will form the basis of the agreed price thereby adjusting the Price and the extension of time to the date for Practical Completion.