Common use of Final Acceptance Clause in Contracts

Final Acceptance. 1. Within thirty (30) days of the date of receipt by Purchaser and Independent Engineer of the Final Commissioning Report, the Purchaser shall issue a Certificate of Final Acceptance or reject such Report. If the Purchaser neither issues a Certificate of Final Acceptance nor rejects such Report within such thirty (30) day period, then the Date of Final Acceptance of the System shall be deemed to be the date such Final Commissioning Report was received by the Purchaser.

Appears in 10 contracts

Samples: Development and Construction Contract (Global Crossing LTD), Consent and Agreement (Asia Global Crossing LTD), Development and Construction Contract (Global Crossing LTD)

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Final Acceptance. 1. Within thirty (30) days of the date of receipt by Purchaser and the Independent Engineer of the Final Commissioning Report, the Purchaser shall issue a Certificate of Final Acceptance or reject such Report. If the Purchaser neither issues a Certificate of Final Acceptance nor rejects such Report within such thirty (30) day period, then the Date of Final Acceptance of the System shall be deemed to be the date such Final Commissioning Report was received by the Purchaser.

Appears in 4 contracts

Samples: Development and Construction Contract (Globenet Communications Group LTD), Development and Construction Contract (Globenet Communications Group LTD), Escrow Agreement (Globenet Communications Group LTD)

Final Acceptance. 1. Within thirty (30) days of the date of receipt by Purchaser and Independent Engineer of the Final Commissioning Report or Final Upgrade Commissioning Report, as the case may be, the Purchaser shall issue a 39 36 Certificate of Final Acceptance or reject such Report. If the Purchaser neither issues a Certificate of Final Acceptance nor rejects such Report within such thirty (30) day period, then the Date of Final Acceptance of the System or the System Upgrade shall be deemed to be the date occurring thirty (30) days after such Final Commissioning Report or Final Upgrade Commissioning Report, as the case may be, was received by the Purchaser.

Appears in 3 contracts

Samples: Consent and Agreement (Asia Global Crossing LTD), Consent and Agreement (Asia Global Crossing LTD), Consent and Agreement (Asia Global Crossing LTD)

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Final Acceptance. 1. Within thirty (30) days of the date of receipt by Purchaser and Independent Engineer of the Final Commissioning Report, the Purchaser shall issue a Certificate of Final Acceptance or reject such Report. If the Purchaser neither issues a Certificate of Final Acceptance nor rejects such Report within such thirty (30) day period, then the Date of Final Acceptance of the System shall be deemed to be the date occurring thirty (30) days after such Final Commissioning Report was received by the Purchaser.

Appears in 1 contract

Samples: Escrow Agreement (Global Crossing Holdings LTD)

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