LIMITED NOTICES TO PROCEED Sample Clauses

LIMITED NOTICES TO PROCEED. 4.2.1 Prior to the issuance of the Notice to Proceed, Owner shall have the right to issue one or more limited notices to proceed directing Contractor to commence and complete any portion of the Work specified in any such limited notice to proceed and subject to the terms of this Agreement substantially in the form attached hereto as Exhibit F-8 (each, a “Limited Notice to Proceed”), except as otherwise agreed by Owner and Contractor. All activities required to be performed thereunder shall be done in accordance with the requirements for the Work hereunder. Contractor shall not be required to commence performance of the Work described in a Limited Notice to Proceed until it has received payment of a mutually agreeable fixed amount that is specified in the Limited Notice to Proceed to be due and payable upon the issuance of the Limited Notice to Proceed. One hundred percent (100%) of such payment shall be credited as an offset against subsequent Reimbursable Costs, Contractor’s G&A and Contractor’s Margin owed by Owner to Contractor, as applicable. Upon issuance of the Notice to Proceed, all such performance of the Work under a Limited Notice to Proceed shall constitute Work done pursuant to this Agreement. 4.2.2 Owner and Contractor acknowledge that, prior to the Second Restatement Date, Owner issued Limited Notice to Proceed No. 1 (ITP) dated September 24, 2021 (“LNTP No. 1 (ITP)”) and Limited Notice to Proceed No. 2 dated November 29, 2021 (“LNTP No. 2”), in each case limited to the scope of work set forth therein, and agree to treat each of LNTP No. 1 (ITP) and LNTP No. 2 as if it was issued pursuant to this Agreement.
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LIMITED NOTICES TO PROCEED. Prior to the issuance of the Notice to Proceed, Owner shall have the right to issue one or more limited notices to proceed directing Contractor to commence and complete any portion of the Work specified in any such limited notice to proceed and subject to the terms of this Agreement substantially in the form attached hereto as Exhibit F-8 (each, a “Limited Notice to Proceed”), except as otherwise agreed by Owner and Contractor. All activities required to be performed thereunder shall be done in accordance with the requirements for the Work hereunder. Contractor shall not be required to commence performance of the Work described in a Limited Notice to Proceed until it has received payment of a mutually agreeable fixed amount that is specified in the Limited Notice to Proceed to be due and payable upon the issuance of the Limited Notice to Proceed. One hundred percent (100%) of such payment shall be credited as an offset against subsequent Reimbursable Costs, Contractor’s G&A and Contractor’s Margin owed by Owner to Contractor, as applicable. Upon issuance of the Notice to Proceed, all such performance of the Work under a Limited Notice to Proceed shall constitute Work done pursuant to this Agreement.
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LIMITED NOTICES TO PROCEED. At any time prior to the date of issuance of the notice to proceed (“Notice to Proceed” or “NTP”), but no later than the earlier of (1) fourteen (14) Days after Owner provides Contractor with written notice of financial close or (2) June 1, 2020, Owner shall issue the first limited notice to proceed (“Limited Notice to Proceed No. 1” or “LNTP No. 1”) in the form of Schedule H-1, which shall authorize and require Contractor to perform a specified portion of the Work set forth therein. Owner may issue additional limited notices to proceed (“LNTP”) in the form of Schedule H-2 prior to the issuance of NTP which, if issued, shall authorize and require Contractor to perform a specified portion of the Work. Each LNTP shall specify the maximum total cost of such specified Work, and Contractor shall be paid for such specified Work pursuant to the terms and conditions of this Agreement, with all such payments credited against the Guaranteed Maximum Price and the first payment to become due hereunder.
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LIMITED NOTICES TO PROCEED 
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Related to LIMITED NOTICES TO PROCEED

  • Notices to Holders; Waiver (a) Where this Indenture provides for notice to Holders of any event, such notice shall be sufficiently given (unless otherwise herein expressly provided) if in writing and mailed, first-class, postage prepaid to each Holder affected by such event, at such Holder’s address as it appears on the Recovery Bond Register, not later than the latest date, and not earlier than the earliest date, prescribed for the giving of such notice. In any case where notice to Holders is given by mail, neither the failure to mail such notice nor any defect in any notice so mailed to any particular Holder shall affect the sufficiency of such notice with respect to other Holders, and any notice that is mailed in the manner herein provided shall conclusively be presumed to have been duly given. (b) Where this Indenture provides for notice in any manner, such notice may be waived in writing by any Person entitled to receive such notice, either before or after the event, and such waiver shall be the equivalent of such notice. Waivers of notice by Holders shall be filed with the Indenture Trustee but such filing shall not be a condition precedent to the validity of any action taken in reliance upon such a waiver. (c) In case, by reason of the suspension of regular mail service as a result of a strike, work stoppage or similar activity, it shall be impractical to mail notice of any event of Holders when such notice is required to be given pursuant to any provision of this Indenture, then any manner of giving such notice as shall be satisfactory to the Indenture Trustee shall be deemed to be a sufficient giving of such notice. (d) Where this Indenture provides for notice to the Rating Agencies, failure to give such notice shall not affect any other rights or obligations created hereunder, and shall not under any circumstance constitute a Default or Event of Default.

  • Address for Notices to Selling Stockholder Telephone: Fax: Contact Person:

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