Energization of the Project Sample Clauses

Energization of the Project. (a) The Project must be Energized by the Scheduled Energized Date indicated on the Proposed Project Report substantially in the form of Exhibit A-1 to this REC Contract. The Scheduled Energized Date shall be the date that is eighteen (18) months from the Effective Date unless extended pursuant to Section 5(b) of this Cover Sheet.
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Energization of the Project. The Project must be Energized by the Scheduled Energized Date indicated on the Proposed Project Report substantially in the form of Exhibit A-1 to this REC Contract. The Scheduled Energized Date shall be the date that is eighteen (18) months from the Effective Date unless extended pursuant to Section 5(b) of this Cover Sheet. Provided that an extension request is made in writing by Seller to Buyer and the IPA prior to the Scheduled Energized Date, the Scheduled Energized Date may be extended one or more times as follows: a one hundred eighty (180) day extension shall be granted upon payment of a refundable $25/kW extension fee from Seller to Buyer based on the Proposed Nameplate Capacity, which payment shall be refunded by Buyer to Seller concurrent with the first REC payment from Buyer to Seller; a second one hundred eighty (180) day extension subsequent to an extension granted pursuant to subsection (i) above shall be granted upon payment of an additional refundable $25/kW extension fee from Seller to Buyer based on the Proposed Nameplate Capacity, which payment shall be refunded by Buyer to Seller concurrent with the first REC payment from Buyer to Seller, provided that (A) the purpose of such extension is to acquire subscribers as certified by Seller in the request and (B) the Date of Final Interconnection Approval has occurred on or before the time of the extension request pursuant to this subsection (ii); an extension of up to one hundred eighty (180) days may be granted if Seller demonstrates, to the satisfaction of Buyer in its reasonable discretion, that such extension is necessary due to documented delays associated with the processing of permit requests or addressing regulatory requirements, provided such delays are not primarily caused by Seller’s actions; an extension shall be granted if the Project is electrically complete (ready to start generation), but the utility to which the Project is to be interconnected has not approved the interconnection; provided that Seller demonstrates, to the satisfaction of Buyer in its reasonable discretion, that the interconnection approval request was made to the applicable interconnecting utility within thirty (30) days of the Project being electrically complete; and provided further that such extension shall expire thirty (30) days after the Project receives its interconnection; and if such extension is granted and the utility to which the Project is to be interconnected has not approved the interconnectio...
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Related to Energization of the Project

  • Duration of the Project includes the time from the beginning of the work on the Project until the Contractor's/person's work on the Project has been completed and accepted by the Owner.

  • Completion of the Project The Contracting Party shall complete the construction, equipping and furnishing of the Improvements in accordance with the Plans and submit to the Board a Certificate of Completion on or before November 1, 2016.

  • Execution of the Project Section 3.01. (a) The Borrower declares its commitment to the objectives of the Project as set forth in Schedule 2 to this Agreement and, to this end, shall: (i) coordinate the Project at national level through the NPCU; and (ii) cause the Participating States to carry out the Project at State and local levels through the respective PCUs, all with due diligence and efficiency and in conformity with appropriate administrative, financial, pedagogic and environmental practices, and shall provide, promptly as needed, the funds, facilities, services and other resources required for the Project.

  • CONSTRUCTION OF THE PROJECT The Allottee has seen the proposed layout plan, specifications, amenities and facilities of the Apartment/ Plot and accepted the floor plan, payment plan and the specification, amenities and facilities annexed along with this Agreement which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent authorities and shall also strictly abide by the bye-laws, FAR, and density norms and provisions prescribed by the relevant building bye-laws and shall not have an option to make any variation/ alteration/ modification in such plans, other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of this Agreement.

  • Description of the Project THIS SHOULD BE NO MORE THAN A TWO PARAGRAPH DESCRIPTION THAT PROVIDES A BACKGROUND OF THE PROBLEM, AS WELL AS HOW THE CONTRACTOR INTENDS TO SOLVE THE PROBLEM. KEEP IN MIND THAT THE CONTRACT SHOULD “STAND ON ITS OWN,” I.E. ANYONE SHOULD BE ABLE TO PICK IT UP AND FIGURE OUT WHAT IS GOING ON.)

  • Development of the Project 4.1 TSP's obligations in development of the Project: Subject to the terms and conditions of this Agreement, the TSP at its own cost and expense shall observe, comply with, perform, undertake and be responsible:

  • CONSTRUCTION OF THE PROJECT/ APARTMENT The Allottee has seen the proposed layout plan, specifications, amenities and facilities of the [Apartment/Plot] and accepted the floor plan, payment plan and the specifications, amenities and facilities [annexed along with this Agreement] which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities and shall also strictly abide by the bye-laws, FAR and density norms and provisions prescribed by the [Please insert the relevant State laws]and shall not have an option to make any variation /alteration / modification in such plans, other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of the Agreement.

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