Full Notice to Proceed. General Contractor will commence with the Work within 10 days after receipt of Owner’s written notice to proceed (the “Full Notice to Proceed”) and shall thereafter proceed continuously and diligently to perform the Work. Owner may issue the Full Notice to Proceed to GEC at any time after the signing of this Agreement, but FNTP is anticipated on or about 1 July 2006. For the purposes of establishing the Guaranteed Completion Date under this Agreement, the effective date of the Full Notice to Proceed (the “Full Notice to Proceed Effective Date”) shall not be until: 5.1.2.1 General Contractor has received all Milestone Payments payable on or prior to receipt of FNTP as provided in the Milestone Payment Schedule; and 5.1.2.2 If requested in writing by GEC, Owner shall provide GEC with documentation from project lender that demonstrates, in a form acceptable to GEC, that financing is in place and funds are available for drawdown, sufficient to complete the project; and 5.1.2.3 Owner shall have provided GEC with all Government Authorizations necessary to enable construction, and full access to the Site. LIMA/GEC/EPC 23 Confidential Business Information
Appears in 4 contracts
Samples: Engineering, Procurement and Construction Agreement, Engineering, Procurement and Construction Agreement (USA Synthetic Fuel Corp), Engineering, Procurement and Construction Agreement (USA Synthetic Fuel Corp)
Full Notice to Proceed. General Contractor will commence with the Work within 10 days after receipt of OwnerGEC’s written notice to proceed (the “Full Notice to Proceed”) and shall thereafter proceed continuously and diligently to perform the Work. Owner GEC may issue the Full Notice to Proceed to GEC Contractor at any time after the signing of this Agreement, but FNTP is anticipated on or about 1 July 2006. For the purposes of establishing the Guaranteed Completion Date under this Agreement, the effective date of the Full Notice to Proceed (the “Full Notice to Proceed Effective Date”) shall not be until:
5.1.2.1 General Contractor has received all Milestone Payments payable on or prior to receipt of FNTP as provided in the Milestone Payment Schedule; and
5.1.2.2 If requested in writing by GECContractor, Owner GEC shall provide GEC have provided Contractor with documentation from project lender that demonstrates, in a form acceptable to GECContractor, that financing is in place and funds are available for drawdown, sufficient to complete the project; and
5.1.2.3 Owner shall have provided GEC and Contractor with all Government Authorizations necessary to enable construction, and full access to the Site. LIMAGEC/GECICC/EPC 23 Confidential Business Information
Appears in 2 contracts
Samples: Engineering, Procurement and Construction Agreement, Engineering, Procurement and Construction Agreement (Global Energy, Inc.)
