Re-Openers definition
Examples of Re-Openers in a sentence
Provided however, in case the Purchaser or the Seller/EPC Contractor disagrees with the valuation, payment, opinion, or certification of the Independent Engineer in relation to the Re-Openers, the Parties shall have the right to request re- determination by the Independent Engineer.
The Independent Engineer shall, amongst others, be required to prepare monthly reports up to the Commissioning Tests (the “Re-Opener Reports”) in accordance with terms of reference including an assessment or valuation or payment (provisional or final) of any reasonable and prudently incurred costs by the Seller for such Re-Openers.
The Independent Engineer shall, amongst others, be required to prepare monthly reports up to the Commissioning Tests (the “Re-Opener Reports”) in accordance with terms of reference including an assessment or valuation or payment (provisional or final) of any reasonable and prudently incurred costs by the Company for such Re-Openers.
Provided however, in case the Power Purchaser or the Company/EPC Contractor disagrees with the valuation, payment, opinion, or certification of the Independent Engineer in relation to the Re-Openers, the Parties shall have the right to request re- determination by the Independent Engineer.