Examples of Construction Commencement Date in a sentence
After the establishment of the GMP, if the final cost estimates make the PROJECT no longer reasonably feasible from the standpoint of the Owner, Owner shall provide written notice to CM of termination prior the Construction Commencement Date.
The Project Schedule shall include a scheduled Construction Commencement Date and Project Substantial Completion Date, which dates shall accommodate known or reasonably anticipated geographic, atmospheric and weather conditions.
In the event of a deferral, Fulcrum shall advise the Client of the revised Construction Commencement Date and any adjustment to the Price in addition to the deferral costs referred to in Clause 14.2 above required as a consequence of the deferral.
If the request is received by Fulcrum 5 Working Days or less before the Construction Commencement Date the Client shall pay the full amount of the Price (which for the purpose of this clause 14.4 shall exclude any adjustment to the Price in respect of Asset Value) together with any Reinforcement Costs incurred by Fulcrum or the Network Owner and any Asset Value, less any amount previously paid.
In addition, at least fifteen (15) days prior to the Construction Commencement Date, Developer shall provide Host with a payment bond from an issuer with a Best’s rating of not less than “A” in a form and amount reasonably acceptable to Host (the “Payment Bond”).