Provisional Completion definition
Examples of Provisional Completion in a sentence
For the avoidance of any doubt, the Principal shall not be required to pay any amount with respect to any invoice in the absence of a Provisional Completion Note duly signed by the Principal or, with respect to the final payment of the Fee to be effected under this Agreement, the Final Acceptance Note duly signed by both Parties.
In such an eventuality, the Independent Engineer may issue, subject to the terms of this Agreement, to the Concessionaire a Provisional Completion Certificate for the Project in a form set out in Schedule AA [Format of Provisional Completion Certificate].
The Project shall be deemed to enter into the Commercial Operations on the date of issue of the Completion Certificate or the Provisional Completion Date.
Provided, notwithstanding that certain works or things forming part of Construction Works related to Project Facilities are not complete and if following the Tests, the Independent Engineer determines that the Project Facilities can be safely and reliably opened for operations, the Independent Engineer may issue Provisional Completion Certificate to the Concessionaire.
Upon issue of Provisional Completion Certificate, the Concessionaire can start the commercial operations.
In the event no reasons for objection to the Provisional Completion Note exist, the Principal shall issue, within reasonable time following receipt of the Provisional Completion Note, a provisional acceptance note in the form of Annex G: Form of Provisional Acceptance Note (the “Provisional Acceptance Note”).
The Provisional Completion Note shall include the Deliverable and adequate supporting Documentation and information relevant to the Study Milestone attained and/or Deliverable completed.
The Provisional Completion Certificate shall have appended thereto a list of outstanding items signed jointly by the Independent Engineer and the Concessionaire ("Punch List").
The Provisional Completion Note shall include the Deliverable and adequate supporting documentation relevant to the Deliverable completed.
In the event the Principal objects to the issuance of a Provisional Acceptance Note, it shall give notice to the Contractor setting out in reasonable detail any Defect or reason for the objection (the “Objection Notice”) within reasonable time following receipt of the Provisional Completion Note.