Appraisal Work Programme and Budget Sample Clauses

Appraisal Work Programme and Budget. ‌ 6.7.1 If the Contractor notifies the SPA that the Discovery is a Discovery Warranting Appraisal in accordance with clause 6.4.1.3(a), it shall submit and orally present to the SPA, within ninety (90) days following the date of submission of the Discovery report a detailed Appraisal Work Programme and Budget, which shall provide for the expeditious Appraisal of the Discovery.‌ 6.7.2 The SPA shall review the submitted Appraisal Work Programme and Budget and within ninety (90) days of submission, and may submit to the Contractor suggested modifications and revisions thereto, specifying in reasonable detail his or her reasons for the suggested modifications.The Contractor shall consider the inclusion of such suggested modifications and revisions against the Best International Practice and shall provide the SPA with a revised Appraisal Work Programme and Budget.‌ 6.7.3 Failing notice by the SPA to the Contractor requesting amendment to the Appraisal Work Programme and Budget within ninety (90) days of its submission to the SPA, the relevant Appraisal Work Programme and Budget shall be deemed approved by the SPA immediately upon the expiry of the said period. 6.7.4 The revised Appraisal Work Programme and Budget submitted to the SPA in accordance with 6.3.2 is subject to written approval by the SPA, which approval shall be granted within thirty (30) days of the submission thereof to the SPA (unless otherwise agreed in writing). 6.7.5 In case of expiry of the period of thirty (30) days following submission to the SPA without the SPA either approving or refusing grant of approval, the revised Appraisal Work Programme and Budget and detailed Budget shall be deemed approved by the SPA. 6.7.6 If the SPA does not approve the revised Appraisal Work Programme and Budget then the SPA shall notify the Contractor within thirty (30) days after his or her receipt thereof and the Parties shall meet promptly thereafter and attempt to agree on an Appraisal Work Programme and Budget. If the Parties are unable to agree within fifteen (15) days of their first meeting, then either Party may refer the matter to an expert for determination pursuant to clause 48.2 (Expert Determination) and clause‌ 6.3.7 and 6.3.8 shall apply mutatis mutandis.
Sample 1
Appraisal Work Programme and Budget 
Sample 1

Related to Appraisal Work Programme and Budget

  • Annual Work Plans and Budgets The Recipient shall furnish to the Association as soon as available, but in any case not later than September 1 of each year, the annual work plan and budget for the Project for each subsequent year of Project implementation, of such scope and detail as the Association shall have reasonably requested, except for the annual work plan and budget for the Project for the first year of Project implementation, which shall be furnished no later than one (1) month after the Effective Date.

  • Business Plan and Budget To the extent requested by any Initial Lender, as soon as available, but in any event within thirty (30) days after the end of each fiscal year of the Borrower, an annual business plan and budget of the Borrower and its Subsidiaries on a Consolidated basis, including forecasts prepared by management of the Borrower, in form satisfactory to such Lender, of Consolidated balance sheets and statements of income or operations and cash flows of the Borrower and its Subsidiaries on a monthly basis for the immediately following fiscal year. As to any information contained in materials filed with the SEC or furnished pursuant to Section 6.2(f), the Borrower shall not be separately required to furnish such information under Section 6.1(a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and materials described in Sections 6.1(a) and (b) above at the times specified therein.

  • Project Work Plan The Statement of Work is the formal document incorporated into the Grant. The Project Work Plan documents how the Grantee will achieve the performance measures outlined in the Grant. Changes to the Statement of Work require an amendment. Project Work Plans may be changed with written approval from PEI and the Grantee.

  • Work Plan [Procuring Entity shall provide main features of the work plan that the Tenderer should provide in the tender for carrying out the contract, from beginning to the end].

  • Work Progress The Developer and Connecting Transmission Owner will keep each other, and NYISO, advised periodically as to the progress of their respective design, procurement and construction efforts. Any Party may, at any time, request a progress report from the Developer or Connecting Transmission Owner. If, at any time, the Developer determines that the completion of the Connecting Transmission Owner’s Attachment Facilities will not be required until after the specified In-Service Date, the Developer will provide written notice to the Connecting Transmission Owner and NYISO of such later date upon which the completion of the Connecting Transmission Owner’s Attachment Facilities will be required.

  • Development Work The Support Standards do not include development work either (i) on software not licensed from CentralSquare or (ii) development work for enhancements or features that are outside the documented functionality of the Solutions, except such work as may be specifically purchased and outlined in Exhibit 1. CentralSquare retains all Intellectual Property Rights in development work performed and Customer may request consulting and development work from CentralSquare as a separate billable service.

  • Budget Consulting Engineer/Architect shall advise City if, in its opinion, the amount budgeted for construction is not sufficient to adequately design and construct the improvement as requested.

  • Development Budget Attached hereto as Exhibit "B" and incorporated herein by this reference is the Development Budget in an amount equal to $_____________. Owner acknowledges and represents that the attached Development Budget includes the total costs and expenses to acquire, develop, renovate and construct the Real Property and the Apartment Housing.

  • Development Plan document specifying the work program, schedule, and relevant investments required for the Development and the Production of a Discovery or set of Discoveries of Oil and Gas in the Concession Area, including its abandonment.

  • Annual Budget For the partial year period commencing on the date hereof, and for each calendar year thereafter, the Borrower shall submit to Lender an Annual Budget not later than sixty (60) days prior to the commencement of such period or calendar year in form reasonably satisfactory to Lender, or for so long as an Operating Lease remains in effect, no later than five (5) Business Days after a budget is delivered to Borrower by an Operating Lessee pursuant to the terms of an Operating Lease. The Annual Budget submitted for the calendar year in which a Trigger Event occurs, and for each calendar year thereafter during a Trigger Period, shall be subject to Lender's written approval, which approval shall not be unreasonably withheld (each such Annual Budget as approved by Lender, an "Approved Annual Budget"). In the event that Lender objects to a proposed Annual Budget submitted by Borrower or an Operating Lessee, Lender shall advise Borrower of such objections within thirty (30) days after receipt thereof (and deliver to such party a reasonably detailed description of such objections) and Borrower shall promptly revise, or cause Operating Lessee to revise, such Annual Budget and resubmit the same to Lender. Lender shall advise Borrower of any objections to such revised Annual Budget within ten (10) days after receipt thereof (and deliver to Borrower a reasonably detailed description of such objections) and Borrower shall promptly revise, or cause Operating Lessee to revise, the same in accordance with the process described in this subsection until the Lender approves the Annual Budget. Until such time that Lender approves a proposed Annual Budget, the most recently Approved Annual Budget shall apply; provided that, such Approved Annual Budget shall be adjusted to reflect actual increases in real estate taxes, insurance premiums and utilities expenses.