Common use of Draft Report Clause in Contracts

Draft Report. (i) The Participant will submit a Draft Report to the Technical Reviewer, with a copy (in hard or searchable electronic format) to the LDC. The Technical Reviewer will communicate to the Participant how many days it will take the Technical Reviewer to review the Draft Report. (ii) If the Technical Reviewer determines that the Draft Report reflects the Detailed Engineering Study Report Minimum Requirements and the Detailed Engineering Study SOW, the LDC will communicate the approval of the Draft Report to the Participant. (iii) If the Draft Report is not approved by the Technical Reviewer, the LDC will not pay any part of the Participant Incentive to the Participant and will communicate to the Participant the reasons (if and as provided by the Technical Reviewer) for not approving the Draft Report. The LDC may allow the Participant a reasonable period of time to address such deficiencies and to re-submit a Draft Report, provided that such revised Draft Report will remain subject to the terms and conditions of this Agreement. If such revised Draft Report does not address such deficiencies to the satisfaction of the LDC and the Technical Reviewer on or before the earlier of (A) eight months of the date hereof and

Draft Report. (i) The Participant will submit a Draft Report to the Technical Reviewer, with a copy (in hard or searchable electronic format) to the LDC. The Technical Reviewer will communicate to the Participant how many days it will take the Technical Reviewer to review the Draft Report. (ii) If the Technical Reviewer determines that the Draft Report reflects the Detailed Engineering Study Report Minimum Requirements and the Detailed Engineering Study SOW, the LDC will communicate the approval of the Draft Report to the Participant. (iii) If the Draft Report is not approved by the Technical Reviewer, the LDC will not pay any part of the Participant Incentive to the Participant and will communicate to the Participant the reasons (if and as provided by the Technical Reviewer) for not approving the Draft Report. The LDC may allow the Participant a reasonable period of time to address such deficiencies and to re-submit a Draft Report, provided that such revised Draft Report will remain subject to the terms and conditions of this Agreement. If such revised Draft Report does not address such deficiencies to the satisfaction of the LDC and the Technical Reviewer on or before the earlier of (A) eight months of the date hereof andand (B) December 31, 2015, unless otherwise agreed to by the LDC; this Agreement will terminate, the Participant will not be entitled to receive the Participant Incentive and the Participant will need to re-submit a new Detailed Engineering Study Funding Application to the LDC in order to participate in the Detailed Engineering Study Program.

Draft Report. (i) The Participant will submit a Draft Report to the Technical Reviewer, with a copy (in hard or searchable electronic format) to the LDC. The Technical Reviewer will communicate to the Participant how many days it will take the Technical Reviewer to review the Draft Report. (ii) If the Technical Reviewer determines that the Draft Report reflects the Detailed Preliminary Engineering Study Report Minimum Requirements and the Detailed Preliminary Engineering Study SOW, the LDC will communicate the approval of the Draft Report to the Participant. (iii) If the Draft Report is not approved by the Technical Reviewer, the LDC will not pay any part of the Participant Incentive to the Participant and will communicate to the Participant the reasons (if and as provided by the Technical Reviewer) for not approving the Draft Report. The LDC may allow the Participant a reasonable period of time to address such deficiencies and to re-submit a Draft Report, provided that such revised Draft Report will remain subject to the terms and conditions of this Agreement. If such revised Draft Report does not address such deficiencies to the satisfaction of the LDC and the Technical Reviewer on or before the earlier of (A) eight months of the date hereof andand (B) December 31, 2015, unless otherwise agreed to by the LDC; this Agreement will terminate, the Participant will not be entitled to receive the Participant Incentive and the Participant will need to re-submit a new Preliminary Engineering Study Funding Application to the LDC in order to participate in the Preliminary Engineering Study Program.

Draft Report. (i) The Participant will submit a Draft Report to the Technical Reviewer, with a copy (in hard or searchable electronic format) to the LDC. The Technical Reviewer will communicate to the Participant how many days it will take the Technical Reviewer to review the Draft Report. (ii) If the Technical Reviewer determines that the Draft Report reflects the Detailed Preliminary Engineering Study Report Minimum Requirements and the Detailed Preliminary Engineering Study SOW, the LDC will communicate the approval of the Draft Report to the Participant. (iii) If the Draft Report is not approved by the Technical Reviewer, the LDC will not pay any part of the Participant Incentive to the Participant and will communicate to the Participant the reasons (if and as provided by the Technical Reviewer) for not approving the Draft Report. The LDC may allow the Participant a reasonable period of time to address such deficiencies and to re-submit a Draft Report, provided that such revised Draft Report will remain subject to the terms and conditions of this Agreement. If such revised Draft Report does not address such deficiencies to the satisfaction of the LDC and the Technical Reviewer on or before the earlier of (A) eight months of the date hereof and

Draft Report. (i) The Participant will submit a Draft Report to the Technical Reviewer, with a copy (in hard or searchable electronic format) to the LDC. The Technical Reviewer will communicate to the Participant how many days it will take the Technical Reviewer to review the Draft Report. (ii) If the Technical Reviewer determines that the Draft Report reflects the Detailed Engineering Study Report Minimum Requirements and the Detailed Engineering Study SOW, the LDC will communicate the approval of the Draft Report to the Participant. (iii) If the Draft Report is not approved by the Technical Reviewer, the LDC will not pay any part of the Participant Incentive to the Participant and will communicate to the Participant the reasons (if and as provided by the Technical Reviewer) for not approving the Draft Report. The LDC may allow the Participant a reasonable period of time to address such deficiencies and to re-submit a Draft Report, provided that such revised Draft Report will remain subject to the terms and conditions of this Agreement. If such revised Draft Report does not address such deficiencies to the satisfaction of the LDC and the Technical Reviewer on or before the earlier of (A) eight months of the date hereof andand (B) December 31, 2015, unless otherwise agreed to by the LDC; this Agreement will terminate, the Participant will not be entitled to receive the Participant Incentive and the Participant will need to re-submit a new Detailed Engineering Study Funding Application to the LDC in order to participate in the Detailed Engineering Study.