Project Acceptance Date definition
Examples of Project Acceptance Date in a sentence
After the Project Acceptance Date, the Contractor shall be relieved of maintaining and protecting the work except that this does not hold true for those portions of the work which have not been accepted, including Punchlist deficiencies.
All such final statements shall be submitted within thirty (30) days after completion of the work that is the subject of the claim, but in no event no later than thirty (30) days after the Project Acceptance Date or the date of termination of the Contractor, whichever comes first.
The period between (and including) the Final Project Acceptance Date and the date exactly [INSERT NUMBER OF YEARS] therefrom, during which time the Energy Savings Guarantee is in effect.
This Agreement shall become effective on the Commencement Date and shall remain in effect until the expiration of [INSERT NUMBER OF YEARS] from the Final Project Acceptance Date (defined below).
If completion is after the Projected Acceptance Date, the Final Project Acceptance Date shall become the Guarantee Period start date.
The period between (and including) the Commencement Date and the Final Project Acceptance Date during which the ESCO is responsible for completing the design (to the extent not completed during the IGA), procuring, fabricating, installing, commissioning and implementing the ECMs specified in the Project Documents.
The Guarantee Year shall consist of a 12-month term commencing from the Final Project Acceptance Date and annually thereafter for the Guarantee Period.
If the Final Project Acceptance Date occurs after the Projected Acceptance Date, the ISSUER may use Actual Interim Savings to pay any project financing debt then due and payable.
All references in this Agreement and the other Amended Project Agreements to the purchase of "steam" prior to the Phase II Project Acceptance Date shall refer to Distribution Sendout Steam.
Energy savings achieved on or after the Commencement Date but before the Final Project Acceptance Date (“Interim Period Energy Savings”) shall accrue to the benefit of the the ISSUER.