Subproject 5 definition

Subproject 5 means the Stage 3 Liquefaction Facility, including LNG Train 5, and all OSBL Facilities and modifications and improvements to the Stage 1 Liquefaction Facility, the Stage 2 Liquefaction Facility and the Existing Facility required for LNG Train 5 to receive Natural Gas, produce LNG, and transfer LNG to all Tanks.
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Subproject 5 has the meaning set forth in the Stage 3 EPC Agreement.
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Examples of Subproject 5 in a sentence

  • Upon such transfer and satisfaction of all other requirements of Substantial Completion, Substantial Completion of Subproject 5 shall be achieved, and Owner shall sign the Substantial Completion Certificate submitted by Contractor.

  • Contractor shall only be responsible for the payment of Delay Liquidated Damages owing up to the date of Substantial Completion of Subproject 5, which shall be paid in accordance with Section 20.3C.

  • The Contractor shall have responsibility for the Equipment including upkeep, scheduled and preventative maintenance until Substantial Completion of Subproject 5; provided, however, Owner shall bear the cost of any of the foregoing incurred by reason of any Operations Activity required by Owner under Section 11.7B of the Agreement.

  • This shall include the telecommunications line rentals from Notice to Proceed until thirty (30) Days after Substantial Completion of Subproject 5.

  • Upon completion of the Performance Tests and prior to Substantial Completion of Subproject 5, Owner and Contractor shall inspect Subproject 5, and Contractor shall prepare a proposed Punchlist of items identified as needing to be completed or corrected as a result of such inspection.

  • As used in this Section 11.3A, “unreasonably withheld” means that Owner fails to accept the RFSU Completion Certificate even if all of the requirements under this Agreement for the achievement of RFSU of Subproject 5 have been achieved.

  • On the other hand, if such Performance Guarantee is achieved within the prescribed period, Contractor shall owe no Performance Liquidated Damages for Subproject 5.

  • Subject to Section 8.2C, upon and from the earlier of termination of this Agreement or the occurrence of Substantial Completion of Subproject 5, Owner shall assume care, custody and control of the Subproject and shall bear the full risk of physical loss and damage to the Subproject; provided, however, notwithstanding the foregoing, Contractor shall remain fully responsible and liable to Owner for its Warranty and Corrective Work obligations under this Agreement.

  • Up to a peak of thirty-three (33) Owner personnel at Contractor’s Houston home office, including six (6) reserved covered parking spaces, commencing with NTP and concluding with Substantial Completion of Subproject 5.

  • Notwithstanding the foregoing, any adjustment to the Target Substantial Completion Date shall extend the Guaranteed Substantial Completion Date in the same amounts so that the Guaranteed Substantial Completion Date for Subproject 5 is always sixty (60) Days after the Target Substantial Completion Date for Subproject 5, regardless of whether the delay impacts only the critical path of the Work to achieve the Target Substantial Completion Date and not the Guaranteed Substantial Completion Date.

Related to Subproject 5

  • Subproject means a Subproject under the Project that meets the Subproject eligibility criteria set forth in paragraph 2 of Schedule 5 to this Loan Agreement;

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Project Milestones means the Project milestones set out in Schedule 3;

  • Project Completion means the date, as determined by the Division after consultation with the Recipient, that operation of the Project is initiated or is capable of being initiated, whichever comes first.