Pre-Opening Phase definition
Examples of Pre-Opening Phase in a sentence
All costs and expenses of the pre-opening program shall be paid from a special bank account(s) opened by manager in the name of, and on behalf of, the Authority upon which only Manager shall be authorized to draw ("Pre-Opening Phase I Bank Account(s)").
This Agreement shall be for the period of Pre-Opening Phase, commencing on the Commencement Date and ending the day before the Facility opens, and the Operational Phase, commencing on the date of the Grand Opening, anticipated to be, November 1, 2018 (the "Commencement Date") and expiring on June 30, 2022, with an optional two (2) year extension(s), unless terminated earlier as set forth herein.
After all pre-opening expenses for Phase I have been paid, the balance in the Pre-Opening Phase I Bank Account(s) shall be transferred to the Depository Account and the Pre-Opening Phase I Bank Account(s) closed.