Project Facility definition

Project Facility means facility being one or more of the following facilities as specified in the Special Conditions of Contract, being developed in accordance with the Project and the Detailed Project Implementation Report and includes all its buildings, equipment, facilities, software and systems and includes without limitation, where the circumstances so require, any expansion thereof from time to time and may include any new location to be separately mentioned in the Special Conditions of Contract.
Project Facility means all tangible or intangible property financed in whole or in part with Tax-Exempt Bonds that are (1) functionally related or integrated in use, (2) located on the same physical site or proximate sites, and (3) expected to be Placed In Service within a one-year period of each other.
Project Facility can refer to any one of them, as the context may require;

Examples of Project Facility in a sentence

  • Interest charged from the Project Facility was initially capitalized as borrowing costs under mineral properties, plant, and equipment until the Company achieved commercial production on November 1, 2022.

  • As soon as practicable and in any case within five (5) days of notification by the Affected Party in accordance with the preceding Clause 7.2 (a), the Parties along with the Project Engineer, and hold discussions in good faith and where necessary conduct physical inspection/survey of the Project Facility in order to: i.

  • Provided that, notwithstanding that certain works or things forming part of Construction Works are not complete, if following Tests the Project Engineer determines that the Project Facility can be safely and reliably opened for operations, the Project Engineer may issue Provisional Completion Certificate to the Concessionaire.

  • The Concessionaire shall not without the prior written approval of ASCL use the Project Facility for any purpose other than for the purpose of the Project and purposes incidental or ancillary thereto.

  • Evaluation Criteria Evaluation Criteria Description Cost Platte River will evaluate the cost of each Bid considering, among other factors, (1) the total Bid price (as described in the table in Section 3, above), (2) the estimated value of energy and capacity from the Project Facility, and (3) the cost of interconnection, network upgrades, transmission, and losses.


More Definitions of Project Facility

Project Facility means the facilities as specified in the Tender document, being developed in accordance with the Project and includes all its buildings, equipment, facilities, software and systems and includes without limitation, where the circumstances so require, any expansion thereof from time to time and may include any new location. The proposed locations have been mentioned in clause 1.4 for “Scope of Works”.
Project Facility means any Financial Indebtedness incurred by a Project Entity for the purpose of financing or refinancing a Project or part of a Project.
Project Facility means any credit facility taken up by the Issuer or any subsidiary of the Issuer owning the Järfälla Skälby Property, the Sanden Properties or the Karlholm Properties, solely to finance a construction on such Pproperty.
Project Facility means the Land, the Facility and the Equipment.
Project Facility means collectively the facilities on the Project Site to be constructed, built, installed, erected or provided by the Concessionaire for use of the users by implementing the Project and more specifically set out in Schedule ‘B’.
Project Facility means one or more facilities or capital projects, including land, building, equipment, or other property, financed in whole or in part with proceeds of an issue of Tax-Exempt Bonds and other sources of funds, if any, pursuant to the same plan of finance.
Project Facility means the military base or installation at which such qualified military project