Project Holder definition
Examples of Project Holder in a sentence
This Agreement is an agreement for a financial contribution by the Province to the Project Holder for the Project.
The Project Holder must create, obtain and retain records documenting the Project Holder compliance with the security screening requirements set out in ▇▇▇▇▇▇▇▇ ▇▇ in accordance with the provisions of that appendix.
Until disposed of in accordance with section 15, the Project Holder must store any records in the Project Holder’s possession that contain Project Information in accordance with the provisions of ▇▇▇▇▇▇▇▇ ▇▇, if attached.
The Project Holder may only permit a Project Worker who is an employee or a volunteer of the Project Holder to have access to Sensitive Information or otherwise be involved in carrying out the Project if, after having subjected the Project Worker to the personnel security screening requirements set out in ▇▇▇▇▇▇▇▇ ▇▇ and any additional requirements the Project Holder may consider appropriate, the Project Holder is satisfied that the Project Worker does not constitute an unreasonable security risk.
The Province’s responsibility with respect to the Project is limited to providing financial assistance to the Project Holder towards the costs and expenses of the Project.
However, if Maker sells or transfers the Premises or the Project before the Commercial Operations Date of the Project, Holder will be entitled to receive the sum of $2,000,000, less any Free Cash Distributions which it has received to that date, which payment shall constitute payment in full of the obligations under this Note.
The Project Holder must allow the Province to conduct a security-focused interview with a Project Worker if the Province identifies a reasonable security concern and notifies the Project Holder it wishes to do so.
Any such amount is a debt due and owing to the Province for which the Project Holder is liable and that the Province may recover by any means available to the Province at law or in equity.
Unless the Agreement otherwise specifies, the Project Holder must retain all records in the Project Holder’s possession that contain Project Information until directed by the Province in writing to dispose of them.
Upon a written request of the Project Holder and Coordinator, both deputies will be responsible to document (with appropriate receipts and/or invoices) all financial transactions related to the Project.