Examples of Subproject 1 in a sentence
Project Costs Construction – Subproject 1$ 936,779.46Construction – Subproject 2$ 708,881.01Construction – Subproject 3$ 764,936.15Subtotal$ 2,410,623.62Less: Previous BillingsDue: NDDOT V.
Later in 2008, MWSP was split into two distinct subprojects: (i) Subproject 1: Melamchi River Water Diversion Project covering all project activities in the Melamchi Valley, including the Water Diversion Tunnel (WDT) and Water Treatment Plant (WTP); and (ii) Subproject 2: Kathmandu Valley Water Supply and Sanitation Project to undertake distribution network improvement inside Kathmandu Valley.
If Substantial Completion of Subproject 1 occurs before the date falling *** (***) Days after issuance of NTP (“Schedule Bonus Date for SP1”), Owner shall pay Contractor a bonus in the amount of *** (U.S.$***) per MMBtu of the LNG that is both (i) produced by Subproject 1 between the period of first production of LNG from Subproject 1 and the Schedule Bonus Date for SP1 and (ii) sold by Owner to one of its customers prior to the Schedule Bonus Date for SP1 (“Schedule Bonus for SP1”).
Contractor shall achieve Substantial Completion of Subproject 1 no later than the date specified in Attachment E (“Guaranteed Substantial Completion Date for Subproject 1”) and Substantial Completion of Subproject 2 no later than the date specified in Attachment E (“Guaranteed Substantial Completion Date for Subproject 2”), (each a “Guaranteed Substantial Completion Date” and collectively, the “Guaranteed Substantial Completion Dates”).
In no event shall Owner have the right to issue a unilateral acceleration directive requiring Contractor to achieve Substantial Completion of Subproject 1 or Substantial Completion of Subproject 2 prior to the original Guaranteed Substantial Completion Dates specified in this Agreement as of the Contract Date, as applicable.