Deemed Completion Sample Clauses

Deemed Completion. If Council does not provide the Developer with notice in accordance with clause 9.3, the Item of Work set out in the Completion Notice will be deemed to have been Completed on the date nominated in the Completion Notice.
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Deemed Completion. In the event that the Parties do not perform or complete the Technology and Process Transfer Plan, and therefore do not execute the Technology and Process Transfer Memorandum, the Technology and Process Transfer shall be deemed to be completed, and Translate Bio shall be paid the Technology Transfer Milestone, if [**] (“Deemed Completion”).
Sample 1Sample 2
Deemed Completion. With respect to each well in Article 4.2 if the Farmees and Syntroleum fulfill the obligations set out below and bear their Cost Bearing Participation shares of all costs related to such well, including the YFP Carried Participation, then Syntroleum and the Farmees shall have fulfilled such well obligation: A. If a well does not reach the objective depth because the Technical Advisor encounters impenetrable substances, basement, commercial quantities of oil or gas at a lesser depth, or are forced to abandon a well because of difficulties insurmountable by employing modern drilling technology in conformity with sound, cost effective practices generally accepted in the international petroleum industry, then: (i) If the cumulative amount spent by the Farmees and Syntroleum related to such well (which for the avoidance of doubt shall include all amounts spent by the contractor under the turnkey drilling contract) is at least US$21,000,000 the Farmees and Syntroleum shall nonetheless be deemed to have satisfied the Work Commitments with respect to such well. (ii) If the cumulative amount spent by the Farmees and Syntroleum related to such well (which for the avoidance of doubt shall include all amounts spent by the contractor under the turnkey drilling contract) is less than US$21,000,000 the Farmees and Syntroleum shall have the right to drill one or more substitute xxxxx at locations and to objective depths determined by the Farmees and Syntroleum consistent with the applicable restrictions of Article 4.2. B. If such well, or substitute well, is drilled to the objective depth, then the Farmees and Syntroleum shall endeavor to evaluate the well in accordance with practices generally accepted in the international petroleum industry; provided that if downhole conditions or mechanical difficulties are encountered which would, in the opinion of a prudent operator, render any such log or survey impracticable, then the Farmees and Syntroleum shall have the right to curtail or omit all or part of such operations. C. If Hydrocarbons are encountered in the drilling of such well, or substitute well, the Farmees and Syntroleum shall endeavor to carry out a testing program agreed to by the Parties pursuant to the terms of the JOA in accordance with generally accepted practices of the international petroleum industry; provided that if downhole conditions or mechanical difficulties are encountered which would, in the opinion of a prudent operator, render any testing impract...
Sample 1
Deemed Completion. Not used.
Sample 1
Deemed Completion. 4.7.1 If the Commercial Operation Date has not occurred only because the Guarantee Tests cannot successfully be carried out because NPC cannot take the electricity which will be generated during such Tests because the Transmission Line is not complete, the Commercial Operation Date shall be deemed for all purposes of this Agreement to occur on the date on which it would otherwise have occurred, as notified in writing by SPCC to NPC ("Deemed Completion Date") but not, for the avoidance of doubt, before what would have been the Target Commercial Operation Date, but for such failure. On and from such date, the Cogeneration Power Production Facility shall be deemed to be Available, with a Net Available Capacity equal to 304,000 kW, and NPC shall pay Availability Fees based upon such capacity until the Net Available Capacity is established pursuant to the Guarantee Test. 4.7.2 In the circumstances mentioned in Article 4.7.1 above, NPC shall notify SPCC at least thirty (30) Days prior to the Transmission Line Completion Date, and SPCC shall initiate start-up, commissioning and testing activities no later than fifteen (15) Days after the Transmission Line Completion Date. SPCC shall schedule the Guarantee Test for as soon as reasonably possible after NPC notifies SPCC in writing that it is able to take the electricity generated by the Cogeneration Power Production Facility. If, for any reason, SPCC is unable to conduct the Guarantee Test at the time scheduled for such Test, SPCC shall promptly reschedule the Test and shall give NPC at least five (5) Days written notice of the rescheduled Test date. If SPCC shall have failed to conduct the Guarantee Test within one hundred twenty (120) Days of the Transmission Line Completion Date, then the Guarantee Test shall be deemed to have demonstrated that the Cogeneration Power Production Facility is not Available. The foregoing shall not apply if SPCC's failure to conduct the Guarantee Test is due to an event of Force Majeure (including any failure of NPC to take electricity or any failure of NPC to give proper, accurate notice of the Transmission Line Completion Date). 4.7.3 If NPC has made payments to SPCC of Availability Fees based upon a Net Available Capacity of 304,000 kW pursuant to Article 4.7.1 above, and if upon completion of the Guarantee Test (and any retesting carried out pursuant to this Agreement) the Net Available Capacity is determined to be less than 304,000 kW or the Cogeneration Power Production Facili...
Sample 1
Deemed Completion. If Unit Completion Date is achieved for a Unit on the basis that such Unit would have successfully completed its testing had NPC performed its obligations under this Agreement relating to the Site, the Ash Disposal Sites, the Pipelines and the Access Road, Fuel and electricity for testing and commissioning and start-up of the Power Station, and the taking of electricity and the Transmission Line in a timely manner, the Nominated Capacity for such Unit shall be its Net Contracted Capacity and its Unit Net Heat Rate shall be its guaranteed Unit Net Heat Rate, until such time as a guarantee test to demonstrate Nominated Capacity and Unit Net Heat Rate can be conducted in accordance with Section 4 of the Thirteenth Schedule.
Sample 1

Related to Deemed Completion

  • Project Completion The Contractor agrees to schedule a final job walk with the County. If required, the County will prepare a list of incomplete items, the “Punch List”. The Contractor agrees to complete the “Punch List” corrections and schedule a final project completion job walk. The County will sign the “Punch List” as completed when determined, the project is finished. The Contractor agrees to submit the following along with its final payment request:

  • Final Completion The full and final completion of all Work in accordance with the Contract Documents.

  • Substantial Completion 9.8.1 When the Contractor considers that the Work, or a designated portion thereof which has been accepted in writing to by the State, is substantially complete as defined in Subparagraph

  • Diligent Completion The Company agrees to use its reasonable efforts to cause the completion of the Project as soon as practicable, but in any event on or prior to the end of the Investment Period.

  • Construction Completion The related Construction shall have been completed substantially in accordance with the related Plans and Specifications, the related Deed and all Applicable Laws, and such Leased Property shall be ready for occupancy and operation. All fixtures, equipment and other property contemplated under the Plans and Specifications to be incorporated into or installed in such Leased Property shall have been substantially incorporated or installed, free and clear of all Liens except for Permitted Liens.

  • At Completion all (but not some only, unless the Subscriber so agrees) of the following business shall be transacted: (a) the Issuer shall issue the Subscription Shares to the Subscriber (or its nominee) free and clear of all Encumbrances and credited as fully paid on terms that they rank pari passu in all respects with the existing issued Shares (including the right to rank in full for all distributions declared, paid or made by the Issuer after the Completion Date) and shall promptly thereafter register (or procure the share registrar to register) the Subscriber as a registered shareholder of the Issuer in respect of the Subscription Shares in the branch register of members of the Issuer maintained by Computershare; (b) the Issuer shall deliver to the Subscriber, each in form and substance to the reasonable satisfaction of the Subscriber: (i) a certified true copy of the Board resolutions approving and/or ratifying the matters below: (A) approving the terms of, and the transactions contemplated by, this Agreement and resolving that the Issuer executes this Agreement; (B) authorising a specified person or persons to execute this Agreement on the Issuer’s behalf; (C) authorising a specified person or persons, on behalf of the Issuer, to sign, execute and/or despatch all documents and notices to be signed, executed and/or despatched by it under or in connection with this Agreement; and (D) a specimen of the signature of each person authorised by the resolution referred to in Clause 4.3(b)(i)(B) above; (ii) the original definitive share certificates in respect of the Subscription Shares in the name of the Subscriber (or its nominee); (iii) a certified true copy of the confirmation letter issued by Computershare confirming that the Subscriber (or its nominee) is the registered holder of the Subscription Shares; (iv) a copy of the approval from the HKSE for the listing of, and permission to deal in, all the Subscription Shares; and (v) a closing certificate, dated as at the Completion Date and addressed to the Subscriber from the Issuer, executed by a Director (or another duly authorised signatory) and substantially in the form set out in Schedule 2, and attaching thereto as exhibits all supporting documents, showing such fulfilment.

  • Tests on Completion (i) At least 30 (thirty) days prior to the likely completion of the Project Highway, or a Section thereof, the Contractor shall notify the Authority’s Engineer of its intent to subject the Project Highway or a Section thereof, to Tests. The date and time of each of the Tests shall be determined by the Authority’s Engineer in consultation with the Contractor, and notified to the Authority who may designate its representative to witness the Tests. The Contractor shall either conduct the Tests as directed by the Authority’s Engineer or provide such assistance as the Authority’s Engineer may reasonably require for conducting the Tests. In the event of the Contractor and the Authority’s Engineer failing to mutually agree on the dates for conducting the Tests, the Contractor shall fix the dates by giving not less than 10 (ten) days’ notice to the Authority’s Engineer. (ii) All Tests shall be conducted in accordance with Schedule-K. The Authority’s Engineer shall either conduct or observe, monitor and review the Tests conducted by the Contractor, as the case may be, and review the results of the Tests to determine compliance of the Project Highway or a Section thereof, with Specifications and Standards and if it is reasonably anticipated or determined by the Authority’s Engineer during the course of any Test that the performance of the Project Highway or Section or any part thereof, does not meet the Specifications and Standards, it shall have the right to suspend or delay such Test and require the Contractor to remedy and rectify the Defect or deficiencies. Upon completion of each Test, the Authority’s Engineer shall provide to the Contractor and the Authority copies of all Test data including detailed Test results. For the avoidance of doubt, it is expressly agreed that the Authority’s Engineer may require the Contractor to carry out or cause to be carried out additional Tests, in accordance with Good Industry Practice, for determining the compliance of the Project Highway or Section thereof with the Specifications and Standards.

  • PROGRESS AND COMPLETION 8.2.1 All time limits stated in the Contract Documents are material terms and time is the essence of the Contract. A failure by Contractor to do what is required by the time specified in the Contract Documents is a breach of the contract. 8.2.2 The Contractor shall begin the Work on the date of commencement as defined in 8.2.3 If in the sole opinion of the State, the Contractor fails to commence work on the project or to complete the work of said project within the time specified above, or to prosecute the work in such a manner that it appears that the completion date can be assured, the State shall have the right to notify the Contractor by Certified Mail that the terms of the Contract have been violated, and that effective immediately the Contract is terminated and the State has the right to and in fact is taking over and attending to completion of the project without prejudice to the State's remedies for any losses sustained

  • Completion a) Within 120 days from the date of the auction sale (“Payment Due Date”), the Purchaser shall deposit with the Solicitors appointed by the Assignee simultaneously: i) A sum equivalent to 90% of the successful bid (“Balance Sum”) by way of the bank draft or cashier’s order crossed “A/C PAYEE ONLY” made payable to OCBC BANK (MALAYSIA) BERHAD, The amount of the cheque shall include outstation clearing charges which shall be borne by the Purchaser, failing which the deficiency shall be recoverable from the Purchaser; and ii) A copy of the requisite consents of the Developer, Proprietor and / or State Authorities or relevant bodies approving the sale in favour of the Purchaser, if necessary, subject firstly to the Assignee being satisfied with the conditions if any imposed (otherwise the Assignee may terminate the sale under Clause 9) Then the Assignee will execute an assignment (in form and substance acceptable to the Assignee) and deliver up the Related Documents to the Purchaser, but such sale and assignment of the chose in action shall be prepared by and at the expense of the Purchaser. Where applicable, the Assignee shall be entitled to have a sufficient covenant of indemnity inserted in the assignment in order for the Purchaser to assume all liabilities and obligations pertaining to the property. The Assignee shall not be required to assign the property to any person other than the Purchaser. b) If the separate document of title or strata title for the property has been issued whether before, on or after the date of the auction sale, the Assignee shall not be required to register its charge(s) nor to procure a transfer in Form 14A as prescribed by the National Land Code, 1965 in favour of the Purchaser from the Developer or the Proprietor (as the case may be). The transfer of the Property from the Developer or Proprietor (as the case may be) shall be procured and prepared by the Purchaser at the Purchaser’s expense who undertakes to pay such sums and comply with the conditions (if any) imposed by the Developer and / or Proprietor and / or their solicitors and / or relevant authorities pertaining to the registration of such transfer of the property. c) “ Any arrears of Quit Rent, Assessment, service/maintenance charges, sinking fund including the late penalty interest (if any) which may be lawfully due to any relevant authority or the Developer up to the date of successful sale of the subject property shall be deducted from the purchase money upon receipt of the Balance sum, provided that the Assignee/Bank is in receipt of the itemized billing for Quit Rent, Assessment bills issued by the relevant authority and the Developer’s invoice/statement of account from the Purchaser within ninety (90) days from the date of sale. For avoidance of doubt, in the event such invoices and/or itemized xxxxxxxx are not submitted within the stipulated ninety (90) days from the auction date, any subsequent claims made thereunder will not be entertained by the Assignee/Bank and the same shall be borne by the Purchaser solely. All other charges as at the date of auction sale not specified in Clause 7(c) (including but not limited to water bills, electric bills, sewerage charges, telephone bills and/or other monies whatsoever outstanding to the Developer and/or other authority/parties) shall not be borne by the Assignee/Bank. The Purchaser shall bear and pay all fees and expenses including but not limited to all legal fees, stamp duty and registration fees in connection with, incidental to or pursuant to the Assignment and all other documents necessary for effecting the transfer or assigning the beneficial ownership in the property to the Purchaser d) The Purchaser is responsible to make his own enquiries and all liabilities and encumbrances affecting the property and shall be deemed to purchase in all respects subject thereto whether or not he makes any enquiry and neither the Assignee nor the Auctioneer shall be required or bound to inform the Purchaser of any such matters whether known to them or not and the Purchaser shall raise no enquiry, requisition or objection thereon or thereto. e) The stamp duty and registration fee for the Memorandum, the Assignment and subsequent transfer (as the case may be) shall be borne and paid by the Purchaser.

  • Commencement and Completion The Work shall commence on _______________, 20__ and shall be complete in accordance with this Agreement without delay on ______________, 20__. The term “day”, used throughout this Agreement, refers to calendar days. Contractor shall not be entitled to any additional compensation for any Permitted Delays. If this Agreement is not signed and returned to the Owner before any work commences, this Agreement will be considered as accepted as presented to the Contractor.

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