Project Mobilization Date definition
Examples of Project Mobilization Date in a sentence
Operator shall be reimbursed for the actual costs of recruitment and employment of permanent and temporary staff and specialists from and after the Leased Equipment Mobilization Date with respect to such costs incurred in connection with the operation of the Leased Equipment and from and after the Project Mobilization Date with respect to such costs incurred in connection with the operation of the Project, such costs to include employment related benefits applicable to such staff and specialists.
As compensation for the services provided by Operator during the Mobilization Period, Operator shall be entitled to a one time fee equal to two hundred fifty thousand dollars ($250,000), payable within thirty (30) days after the earlier of the Leased Equipment Mobilization Date or the Project Mobilization Date.
Operator shall develop and deliver to Owner for approval, budgets for the mobilization periods commencing on the earlier of the Leased Equipment Mobilization Date and the Project Mobilization Date, respectively, and ending on the Project Operations Date.
On or prior to the earlier of the Project Mobilization Date or the Leased Equipment Mobilization Date, each Party shall provide to the other pursuant to the notice provisions of Article XVI, properly executed certificates of insurance, signed by an authorized representative of the insurance carrier.