Project Construction Completion Date definition

Project Construction Completion Date means a date of the completion of the Construction Period, which shall be at the expiry of a period of 3 (Three) years from the Compliance Date or such other date (with the consent of Concessioning Authority) by which the overall development and operationalisation of the Project is completed in accordance with the provisions of the Agreement and when the Project Milestone Completion Certificate is issued by Concessioning Authority as per Article 2.8.
Project Construction Completion Date. – means 2 (two) months from the date of issue of compliance certificate.
Project Construction Completion Date means a date of the completion of the Construction Period, which shall be at the expiry of a period of 1 (One) years from the Compliance Date or such other date (with the consent of Concessioning Authority) by which the overall development and operationalisation of the Project is completed in accordance with the provisions of this Agreement and when the Project Milestone Completion Certificate is issued by Concessioning Authority as per Article 2.8.

Examples of Project Construction Completion Date in a sentence

  • In case, the Force majeure event takes place before the Project Construction Completion Date, the Construction Period shall also be extended by the period of Force Majeure event, with the maximum extension of Concession Period being limited to 1 (one) year.

  • Members of the Consortium undertake that they shall collectively hold at least 100% (hundred per cent) of the subscribed and paid up equity of the SPV at all times until the fifth anniversary of the Project Construction Completion Date; and vi.

  • The Concessionaire may be allowed to novate the agreement after completion of 10 (ten) consecutive years after Project Construction Completion Date subject to the condition that the novatee fulfills the minimum eligibility criteria.

  • Members of the Consortium shall nominate one member as the lead member (the "Lead Member"), who shall have an equity share holding of at least 51% (fifty one per cent) of the paid up and subscribed equity of the SPV till a period of 5 (five) years from the Project Construction Completion Date and 26% (twenty six percent) during the remaining Concession Period.

  • All other members of the Consortium shall legally and beneficially hold not less than 26% (twenty six percent) of the paid up & subscribed equity share capital of the Concessionaire till a period of 5 (five) years from the Project Construction Completion Date.

  • Upon Termination of this Agreement on account of Concessionaire Event of Default, prior to the Project Construction Completion Date, Concessioning Authority shall retain payments, if any, already received from the Concessionaire.

  • Commit that each of the members, whose experience will be evaluated for the purposes of this RFP, shall subscribe for 26% (twenty six per cent) or more of the paid up and subscribed equity of the SPV and shall further commit that each such member shall, for a period of 5 (five) years from the Project Construction Completion Date, hold equity share capital not less than 26% (twenty six per cent) of the subscribed and paid up equity share capital of the SPV; v.

  • The Concessionaire has failed to implement the Project in accordance with the provisions of this Agreement and such failure, in the reasonable estimation of Concessioning Authority, is likely to failure in operation, maintenance and achieving Project Construction Completion Date.

  • By submitting the Bid, the Bidder acknowledges and undertakes that the Lead Member shall continue to hold minimum 51% of the equity and each of the other Consortium Members shall continue to hold at least 11% of the equity of the Concessionaire until the fifth anniversary of the Project Construction Completion Date is achieved under and in accordance with the provisions of the RFP and Concession Agreement.

  • All other members of the Consortium shall legally and beneficially hold not less than 11 % (eleven percent) of the paid up & subscribed equity share capital of the Concessionaire till a period of 5 (five) years from the Project Construction Completion Date.


More Definitions of Project Construction Completion Date

Project Construction Completion Date means the date on which the Agent receives (a) a certificate from the Borrower certifying that each of the matters described on Schedule 1.1(b) and identified as to be certified by the Borrower are true and correct in all respects, and (b) a certificate of the Independent Engineer certifying that each of the matters described on Schedule 1.1(b) and identified as to be certified by the Independent Engineer are true and correct in all respects.
Project Construction Completion Date has the meaning set forth in Section 20(b).
Project Construction Completion Date set forth in Annex A to the Original Equipment Loan Agreement is hereby amended and restated in its entirety to read as follows:
Project Construction Completion Date means November 12, 1999."
Project Construction Completion Date means the date on which the Project Construction Termination occurs.

Related to Project Construction Completion Date

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • Construction Completion means physical construction of a cleanup action component is complete.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Morley Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Construction Completion Certificate means a document:

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.

  • construction site means a workplace where construction work is being performed;

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Construction Phase means that Phase of the Project which shall commence after the Authority provides the Trade Contractor with written Notice to Proceed with the Construction Phase.

  • Construction Work means any work in connection with⎯

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;

  • Final Completion Date means the date on which Final Completion occurs.

  • Pre-Construction Phase Services means the participation, documentation and execution of Contractor’s Pre-Construction Phase deliverables as required by this Agreement and further defined in Article 5.

  • Substantial Completion Date means the date on which Substantial Completion occurs.

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • Improvement completion assurance means a surety bond, letter of credit,

  • Phase 1 means the first implementation phase of this section, beginning June 1, 2018 and ending May 31, 2022.

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.

  • Construction Schedule means a construction schedule indicating the planned start and completion dates of the major activities of the Work as set out in Appendix [ ], a future Appendix;

  • Direct Construction Cost means the sum of the amounts that the Construction Manager actually and necessarily incurs for General Conditions Costs, Cost of the Work and Construction Manager’s Contingency during the Construction Phase as allowed by this Agreement. Direct Construction Cost does not include Pre-Construction Phase Fees or Construction Phase Fees.

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

  • Erection, construction, remodeling, repairing means all types of work done on a particular building or work at the site thereof in the construction or development of the project, including without limitation, erecting, construction, remodeling, repairing, altering, painting, and decorating, the transporting of materials and supplies to or from the building or work done by the employees of the Contractor, Subcontractor, or Agent thereof, and the manufacturing or furnishing of