Examples of Project Funding Agreement in a sentence
If the Project Funding Agreement is terminated at this point for this reason, EECA will not require repayment of amounts paid to the Recipient.
Note that prior to progression to Phase 2, the Recipient must provide evidence to EECA that it owns the Project Site or is leasing the Project Site in accordance with the requirements of the Project Funding Agreement.
The intent is to progress (and agree) these matters between now and entry into the Project Funding Agreement such that they set out minimum requirements for the Project.
Recipient Approvals The Recipient obtaining all approvals to enter into the Project Funding Agreement.
EECA Approvals EECA obtaining all approvals to enter into the Project Funding Agreement.
Phase 1 Completion Completion of Phase 1 means obtaining the resource consent for the Project and confirmation of the cost of reticulating electricity to the site to power a minimum of [xxx] charging stations and that the Recipient has obtained title to the land.Where the Recipient cannot obtain resource consent for the Project within 6 months from the date of the Project Funding Agreement EECA has the right to terminate the Project Funding Agreement.