Common use of Failure to Commence Construction Clause in Contracts

Failure to Commence Construction. Failure by Seller to commence construction of the Selected Project within six (6) months of the later of the Selected Project having secured COP approval or a certificate of environmental compatibility and public need from the New York Public Service Commission.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Renewable Energy Certificate Purchase and Sale Agreement

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Failure to Commence Construction. Failure by Seller to commence construction of the Selected Project within six (6) months of the later of the Selected Project having secured (i) COP approval or a certificate (ii) approval of environmental compatibility the Selected Project’s First Part of the Environmental Management and public need Construction Plan in the New York Public Service Commission Case 21- T-0366 from the New York Public Service Commission, unless either such approval is stayed or subject to litigation; provided however that the deadline for commencing construction shall be extended for delays due to circumstances beyond the reasonable control of Seller.

Appears in 1 contract

Samples: Renewable Energy Certificate Purchase and Sale Agreement

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