New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.
Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan;
Project means the goods or Services described in the Signature Document or a Work Order of this Contract.
Development Project means a project for the development of land within a
The Project means supply, installation, testing and commissioning, integration of computer hardware and services with support under Warranty and annual maintenance contract, if required for the contract period.