Transition Stage definition
Examples of Transition Stage in a sentence
The Contractor shall formalize the transfer of Materials to CNH or the assigned third party by CNH during the Final Transition Stage.
The Contractor shall initiate the assessments for the determination of the Environmental Baseline during the Transition Stage for Startup as provided in Article 3.3, the Applicable Laws and the normative previsions established by the Agency.
In the event the Contractor relinquishes or returns part of or the entirety of the Contract Area, the Final Transition Stage shall begin simultaneously with the notification of relinquishment issued as provided by Article 3.5. The Final Transition Stage shall be conducted as provided by the Applicable Laws.
The Contractor shall initiate conducting assessments for the determination of the environmental base line during the Transition Stage for Startup as provided in Article 3.4 and the Applicable Laws.
The Contractor shall formalize the transfer of Immovable Materials to the CNH or the assigned third party by the CNH during the Final Transition Stage.
In the event that the termination of this Contract due to any reason, or in the event CNH rescinds the Contract, the Contractor and CNH will start a Final Transition Stage of the totality or part of the Contract Area.
Such performance by Owner shall reduce any compensation payable to Operator hereunder during the Transition Stage or in any Project Year by an amount equal to the cost to Owner of effecting such performance.
For purposes of this Agreement, the Transition Stage shall have commenced as of the Execution Date.
In case that: (i) the Contractor relinquishes or returns part or the whole Contract Area as provided in Articles 3.4 and 7.1; (ii) the early termination of the Contract occurs, or (iii) the CNH rescinds the Contract, the Final Transition Stage shall begin simultaneously with the notification of relinquishment, devolution, termination or rescission, as it corresponds, issued as provided in this Contract.
One (1) year prior the termination of this Contract for the conclusion of its term, the Contractor and the CNH will start a Final Transition Stage of the totality or part of the Contract Area.