Project Assumptions definition

Project Assumptions. The assumptions in this subsection are given to aid grant administration. They represent understandings and expectations that are not included in other sections of this Funding Agreement.
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Project Assumptions means assumptions about the SOW. Changes in any of the assumptions will affect the scope, schedule, and/or cost of the Project.
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Project Assumptions are set forth in Appendix A – Project Assumptions attached hereto and hereby incorporated into the Contract (the “Project Assumptions”). Provider will provide, and has based its fees on satisfying, the In-Scope Services as described in the Project Assumptions. Any additional scope or system gaps not listed shall be deemed Out-of-Scope. If a new, required scope item is discovered, Provider will document the requirement, estimate and present the scope impact of addressing the new requirement to GLO, and if approved by GLO through the change control process set forth below, include it in the revised In-Scope Services. “Go-Live” refers to the date on which GLO uses the software programs specified in Software Appendix No. 3 to the MSLA (“SA 3”) in a production environment. Further assumptions about the project scope, work plan and timeline are defined within the Project Assumptions.
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Examples of Project Assumptions in a sentence

  • Ensure your tasks, including user acceptance testing, are completed in the timeframes required.B. Project Assumptions.

  • Project Assumptions and Dependencies‌ The ‘Project Assumptions and Dependencies’ section of the SOW will list all the assumptions that have been made to build this SOW.

  • The Covered California Evaluation Team will conduct a qualitative review of the technical content of each responsive proposal to determine how responsible each Proposer is by scoring the categories of Understanding and Approach, Corporate Qualifications Summary, Project Team Qualifications, and Past Projects Completed; Project Assumptions will not be scored.

  • Land-Based Reference Project Assumptions Summary Note: The nominal discount rate may be generally equated with the WACC and is distinguished from the real discount rate in that it includes an inflation factor.

  • Project Assumptions and Development ParametersProject Assumptions are based on the information Portland provided to Contractor as part of the RFP process, Contractor proposed project options to Portland, which options are more specifically identified in Contractor’s Response dated 11/9/2016 (Contractor’s RFP response) of the Contract.

  • This should be a concise synopsis of the work and approach that will be taken to complete this project.− Project Assumptions – a brief summary of the major assumptions that have been made in preparing the proposal.

  • The Project Plan must NOT exceed 4 pages (front side of page only) (one page for the Proposal Summary, one page for the Project Assumptions, one page for Roles and Responsibilities, and one page for the Clarification Period Schedule).

  • Identify and provide access to Subject Matter Experts (SME) to assist in the development of technical requirements.3.9 Project Assumptions and Constraints‌ 1.

  • Customer acknowledges that its timely provision of the specific resources specified below and in Section 7 (Project Assumptions) of this SOW as well as sufficient office accommodations, facilities, Internet and local network connectivity and other reasonably necessary information and assistance are essential to NT’s performance of any Professional Services.

  • Project Assumptions: Pre-planning, requirements analysis, and early development of various policy and program scenarios is a critical success factor and is required in order to quickly respond to Feds “key updates” and implement them “in an Agile and expeditious manner”.


More Definitions of Project Assumptions

Project Assumptions. The scope of this engagement is limited by the following assumptions. Requirements over and above these limitations will be defined in a mutually agreeable Change Order and may be subject to additional charges.
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Related to Project Assumptions

  • Incremental Assumption Agreement means an Incremental Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and, if applicable, one or more Incremental Term Lenders and/or Incremental Revolving Facility Lenders.

  • Valuation Assumptions means, as of an Early Termination Date, the assumptions that (1) in each Taxable Year ending on or after such Early Termination Date, the Corporate Taxpayer will have taxable income sufficient to fully utilize the deductions arising from the Basis Adjustments and Imputed Interest during such Taxable Year or future Taxable Years (including, for the avoidance of doubt, Basis Adjustments and Imputed Interest that would result from future Tax Benefit Payments that would be paid in accordance with the Valuation Assumptions) in which such deductions would become available, (2) the U.S. federal income tax rates and state and local income tax rates that will be in effect for each such Taxable Year will be those specified for each such Taxable Year by the Code and other law as in effect on the Early Termination Date, (3) any loss carryovers generated by deductions arising from Basis Adjustments, the NOLs or Imputed Interest that are available as of such Early Termination Date will be utilized by the Corporate Taxpayer on a pro rata basis from the Early Termination Date through the scheduled expiration date of such loss carryovers, (4) any non-amortizable assets will be disposed of on the fifteenth anniversary of the applicable Basis Adjustment; provided, that in the event of a Change of Control, such non-amortizable assets shall be deemed disposed of at the time of sale of the relevant asset (if earlier than such fifteenth anniversary), and (5) if, at the Early Termination Date, there are Common Units that have not been Exchanged, then each such Common Unit shall be deemed to be Exchanged for the Market Value of the number of shares of Class A Common Stock and the amount of cash that would be transferred if the Exchange occurred on the Early Termination Date.

  • Prepayment Assumption As defined in the Prospectus Supplement.

  • Project Assets means all physical and other assets relating to and forming part of the Site including:

  • Project Plans mean the plans for the Project that are attached to this Agreement as Exhibit “B.”

  • Incremental Term Loan Assumption Agreement means an Incremental Term Loan Assumption Agreement among, and in form and substance reasonably satisfactory to, the Borrower, the Administrative Agent and one or more Incremental Term Lenders.

  • Merger Without Assumption provisions of Section 5(a)(viii) will apply to Party A and will apply to Party B.

  • Final completion and acceptance means the stage in the progress of the work as determined by the Contracting Officer and confirmed in writing to the Contractor, at which all work required under the contract has been completed in a satisfactory manner, subject to the discovery of defects after final completion, and except for items specifically excluded in the notice of final acceptance.

  • Assignment and Assumption Agreements means each of the Assignment and Assumption Agreements to be executed between a Trustee and trustee of the relevant Successor Trust in accordance with the relevant Trust Agreement, as the same may be amended, modified or supplemented from time to time.

  • nment and Assumption means an assignment and assumption agreement entered into by a Lender and an assignee (with the consent of any party whose consent is required by Section 9.04), and accepted by the Administrative Agent, in the form of E xhibit A or any other form approved by the Administrative Agent.

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Projects means the projects identified in Exhibit A to the Agreement and all other projects, any costs of which are included in a Transitional Capital Plan pursuant to the Act or are Recovery Costs, and financed, by payment or reimbursement, with the proceeds of Bonds or Notes.

  • Additional Facilities has the meaning assigned to that term in Section 2.9(a).

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Morley Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • New Project means (a) each facility or operating location which is either a new facility, location or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, location 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.

  • Project Architect means the professional architect or engineer employed by the Owner as architect or engineer of record for the Project and its consultants.

  • Base Case Projections means the initial forecast for the Project prepared as of the Effective Date using the Base Case Financial Model.

  • Project Contracts means collectively this Agreement, the Land Lease Agreement, the Construction Contract, O&M Contracts (if any) and any other material contract (other than the Financing Documents) entered into or may hereafter be entered into by the Concessionaire in connection with the Project;

  • Interconnection Feasibility Study means either a Generation Interconnection Feasibility Study or Transmission Interconnection Feasibility Study.

  • Project Improvements means site improvements and facilities that are:

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Assignment and Assumption Agreement means the Assignment and Assumption Agreement substantially in the form of Exhibit L (appropriately completed).

  • Project Plan means the document to be developed by the Contractor and approved by Webel Technology Ltd., based on the requirements of the Contract and the Preliminary Project Plan included in the Contractor’s bid. For the sake of clarity, the Agreed and Finalized Project Plan” refers to the version of the Project Plan submitted by the contractor after receiving the letter of Award and the same approved by Webel Technology Ltd. The project plan may be changed/ modified during the course of the project. Should the Project Plan conflict with the provisions of the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Project Deliverables means the Project deliverables set out in Schedule 2. Project Material means all the material including but not limited to documents, computer software, and data stored by any means which is created by the Fellow in the course of undertaking the Project.