Option to Build definition

Option to Build means the option of the New Service Customer to build certain Customer- Funded Upgrades, as set forth in, and subject to the terms of, the Construction Service Agreement.
Option to Build means the option of the New Service Customer to build certain Customer- Funded Upgrades, as set forth in, and subject to the terms of, the Construction Service Agreement. Part I:
Option to Build means the option of the Interconnection Customer to build certain Transmission Owner Interconnection Facilities and/or Merchant Network Upgrades, as set forth in, and subject to the terms of, Section 83.2.3 of Subpart F.

Examples of Option to Build in a sentence

  • The Interconnection Customer shall use Reasonable Efforts to design, procure, construct and install the Customer Interconnection Facilities and any Transmission Owner Interconnection Facilities that it elects to build by exercise of the Option to Build (defined in Section 3.2.3.1 below) in accordance with the Schedule of Work.

  • Transmission Provider and Interconnection Customer must agree as to what constitutes Direct Connection Network Upgrades and identify such Direct Connection Network Upgrades in Schedule D (Option to Build) of this Agreement.

  • In the event that there are multiple Interconnection Customers that wish to exercise an Option to Build with respect to Interconnection Facilities of the types described in Section 3.2.3.3 to this Appendix 2, the Transmission Provider shall determine how to allocate the construction responsibility among them unless they reach agreement among themselves on how to proceed.

  • Interconnection Customer shall submit to the Interconnected Transmission Owner and Transmission Provider initial drawings, certified by a professional engineer, of the Transmission Owner Interconnection Facilities that Interconnection Customer arranges to build under this Option to Build.

  • In order to exercise this Option to Build, Interconnection Customer must provide Transmission Provider and the Interconnected Transmission Owner with written notice of Interconnection Customer’s election to exercise the option no later than thirty (30) days from the date the Interconnection Customer receives the results of the Facilities Study (or, if no Facilities Study was required, completion of the System Impact Study).

  • Interconnection Customer may not elect Option to Build after such date.

  • The Interconnected Transmission Owner shall review and approve the initial drawings and engineering design of the Transmission Owner Interconnection Facilities to be constructed under the Option to Build.

  • In the event that the Interconnection Customer elects to complete the Transmission Owner Interconnection Facilities, it shall do so in accordance with the terms and conditions of the Option to Build under Section 3.2.3 of this Appendix 2 and shall be responsible for paying all costs of completing the Transmission Owner Interconnection Facilities incurred after the date of its notice of election to complete the facilities.


More Definitions of Option to Build

Option to Build means the option of the Project Developer to build certain Stand Alone Network Upgrades, as set forth in, and subject to the terms of, the Construction Service Agreement. Part I:
Option to Build means the option of the Project Developer to build certain Stand Alone Network Upgrades, as set forth in, and subject to the terms of, the Construction Service Agreement.
Option to Build means the option of the New Service Customer to build certain
Option to Build means the option of the Interconnection New Service Customer to build certain Transmission Owner Interconnection Facilities and/or Merchant Network Customer- Funded Upgrades, as set forth in, and subject to the terms of, Section 83.2.3 of Subpart Fthe Construction Service Agreement.

Related to Option to Build

  • car-share parking space means a parking space that is reserved and actively used for car-sharing;

  • Addition (to an existing building means an extension or increase in the floor area or height of a building or structure.

  • New Building ’ means a new construction to house a complete motor vehicle as- sembly process, where that construction includes the pouring or construction of a new foundation and floor, the erection of a new frame and roof, and the instal- lation of new plumbing and electrical and other utilities;

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Building Square Footage or "BSF" means the square footage of assessable internal living space of a Unit, exclusive of any carports, walkways, garages, overhangs, patios, enclosed patios, detached accessory structure, other structures not used as living space, or any other square footage excluded under Government Code Section 65995 as determined by reference to the Building Permit for such Unit.

  • Delivery into consignees store or to his site means delivered and unloaded in the specified store or depot or on the specified site in compliance with the conditions of the contract or order, the supplier bearing all risks and charges involved until the supplies are so delivered and a valid receipt is obtained.

  • Expansion to an existing manufactured home park or subdivision means the preparation of additional sites by the construction of facilities for servicing the lots on which the manufactured homes are to be affixed (including the installation of utilities, the construction of streets, and either final site grading or the pouring of concrete pads).

  • Building Drain means that part of the lowest horizontal piping of a drainage system which receives the discharge from soil, waste, and other drainage pipes inside the walls of the building and conveys it to the building sewer, beginning five (5) feet (1.5 meters) outside the inner face of the building wall.

  • apartment building means a residential use building, or the residential use portion of a mixed-use building, other than a townhouse or stacked townhouse containing four or more dwelling units each of which shall have access to above grade common halls, stairs, elevators, and yards;

  • Off-premises sign means a sign directing attention to a use, product, commodity or service not related to the premises upon which the sign is located.

  • Space means the volume of gas which a user of a storage facility is entitled to use for the storage of gas;

  • Condominium unit A Single Family Property within a Condominium Project.