EPC Agreement definition

EPC Agreement shall have the meaning set forth in the preamble to this Agreement.

EPC Agreement means, with respect to any Project, an engineering, procurement and construction agreement, balance of plant agreement, turbine supply and installation agreement or similar Contract pursuant to which a Project Company undertakes the construction of such Eligible Project.

EPC Agreement has the meaning set forth in Section 5.19(b).

Examples of EPC Agreement in a sentence

• The parties shall consent to joinder or consolidation with respect to any disputes involving common issues of law or fact with respect to the Facility, the EPC Agreement or any other agreement relating to the Facility.

• Together with the Schedules, the proposed framework of the Model EPC Agreement incorporates international best practices and embodies an enabling contractual framework for construction of highways in an efficient, economical and competitive environment.

• The Standard EPC Agreement specifies the required design standards and allows the Contractor to design and construct the project using best practices to achieve quality, efficiency and economy as compared to the item rate contract that relies on a single design provided by the Authority.

• This Standard EPC Agreement provides a contractual framework that specifies the allocation of risks and rewards, equity of obligations between Authority and the Contractor, precision and predictability of costs, force majeure, termination and dispute resolution, apart from transparent and fair procedures.

• This Standard EPC Agreement provides a contractual framework that balances the allocation of risks & rewards, provides equity of obligations & penalties between Authority and the Contractor, minimises the ambiguities and uncertainties, thus improves the predictability of cost & time.

More Definitions of EPC Agreement

EPC Agreement means that certain Development, EPC and Purchase Agreement, by and among Vivint Solar Developer, LLC, Sponsor and the Company, dated as of the date hereof, as may be amended, restated, supplemented or otherwise modified from time to time.

EPC Agreement means that certain Engineering, Procurement and Construction Agreement between EPC Contractor and Owner, dated as of November 30, 2011.

EPC Agreement means any one of them. For the avoidance of doubt, “other EPC Agreement” means an EPC Agreement other than this Agreement.

EPC Agreement means, with respect to a Project, the EPC Agreement for such Project delivered in connection with the Initial Borrowing Base Certificate Date for such Project and which EPC Agreement shall be either (a) in a form consistent with the Past Business Practices or (b) to the extent any material deviations therefrom, acceptable to the Blackstone Representative in its reasonable discretion.

EPC Agreement shall have the meaning assigned to such term in the recitals hereto.

EPC Agreement means the contract between Seller and the contractor it selects to build the project describing the terms under which the project will be constructed.

EPC Agreement means an Engineering, Procurement and Construction Agreement by and between Seller and the EPC Contractor, in the form of Exhibit E.