We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

NTP Request and Notice to Proceed Sample Clauses

NTP Request and Notice to Proceed. Upon full satisfaction of the conditions set forth below (“Seller’s Conditions”), Seller shall submit a NTP Request to TVA that incorporates all necessary documentation and materials that demonstrate compliance with each of Seller’s Conditions. If a NTP Request is not delivered to TVA within twelve (12) Months after the Effective Date of this Agreement, then TVA has the right, in its sole discretion, to terminate this Agreement, in which event neither Party shall have any further obligation or financial liability to the other Party as a result of such termination, except for any amounts accrued and owed by Seller to TVA upon the date of termination. Seller’s Conditions are: (a) Demonstration to TVA of Project financing arrangements or application therefore. (b) Receipt of, or application for, any applicable permits for the Project’s construction. (c) Execution of any necessary Interconnection Agreements or other necessary documentation between Seller and either TVA or Local Power Company, as applicable; or confirmation that any necessary interconnection requirements have been satisfied. (d) Execution of any necessary metering agreements with TVA and/or the Local Power Company for the installation, operation, maintenance, and reading of the Metering Equipment. (e) Receipt from TVA of any necessary executed transmission service agreements including Network Integration Transmission Service Agreements and Network Operating Agreements with TVA and/or the Local Power Company for transmitting the Energy Output to TVA loads. (f) The determination by TVA that the Project is deemed to be environmentally acceptable and consistent with environmental analyses done for and contained in TVA’s environmental review and prepared in accordance with applicable requirements under Federal environmental laws and regulations. The determination of “environmentally acceptable” shall be at TVA’s sole discretion and shall take into account said applicable Federal environmental laws and regulations and shall mean that the location, operation, and maintenance of the Project and any associated facilities not result in unacceptable impacts inconsistent with the purposes, provisions, and requirements of applicable Federal, State, and local environmental laws and regulations. TVA, or a TVA-approved third party, shall perform such environmental review at Seller’s cost. (g) Submittal of additional Performance Assurance in the amount set forth in the Cover Sheet of this Agreement for the NTP ...
NTP Request and Notice to Proceed. Upon full satisfaction of the conditions set forth below (“Seller’s Conditions”), Seller shall submit a NTP Request to LUB that incorporates all necessary documentation and materials that demonstrate compliance with each of Seller’s Conditions. Seller’s Conditions are: (a) Demonstration to LUB’s reasonable satisfaction of external or internal construction financing arrangements or, if applicable, application therefor. (b) Execution of any necessary agreements (e.g., Interconnection Agreement) or other necessary documentation between Seller and LUB to address metering, operation, maintenance, etc. (c) Receipt from LUB of any necessary executed transmission service agreements, including Network Integration Transmission Service Agreements and Network Operating Agreements with LUB, for transmitting the Energy Output to LUB loads. (d) Completion of a satisfactory solar resource survey indicating adequate solar resource for the production of the Annual Supply Guarantee. (e) Submittal of additional Performance Assurance for the NTP Request. (f) Execution of any necessary station service agreements or other necessary documentation between Seller LUB. (g) Execution of a Test Power Agreement with LUB. Seller shall complete all Seller Conditions and deliver a NTP Request to LUB at least twelve (12) Months before the Expected Initial Delivery Date (“NTP Deadline”). LUB will extend the NTP Deadline and the Expected Initial Delivery Date only if and to the extent (on a day-for-day basis) that Seller can demonstrate that LUB’s failure to take actions prerequisite to Seller’s satisfaction of the Seller Conditions primarily caused such Seller’s failure to satisfy Seller’s Conditions on or before the NTP Deadline. Delay in the submittal by Seller’s or Seller’s consultant(s)’ or agent(s)’ failure(s) to submit or delays in submittal of any of the items that Seller must submit that are necessary for LUB to complete its review do not constitute LUB failure(s), and do not state a basis upon which LUB will grant an extension (as described in this paragraph). Upon receipt of the NTP Request, LUB shall review Seller’s submissions for adequacy. If LUB deems the NTP Request to be satisfactory, LUB shall issue to Seller a Notice to Proceed. If LUB in its reasonable judgment does not find the NTP Request satisfactory, LUB has the right, in its sole discretion to exercise its remedies under Section 3.3 and terminate this Agreement without any further recourse against LUB.

Related to NTP Request and Notice to Proceed

  • Notice to Proceed Work shall not commence on this Project until the Director has issued a written Notice to Proceed to the Recipient. Such Notice will not be issued until the Director is assured that the Recipient has complied with the Recipient's responsibilities concerning OEPA plan approval, when applicable. A Notice to Proceed shall be required for all project prime contractors or direct procurement initiated by the Recipient following execution of this Agreement.

  • Notice to Proceed - Site Improvements The Recipient shall not commence, or cause to be commenced, any site improvements or other work on the Land until the Director has issued a Notice to Proceed to the Recipient. Such Notice to Proceed will not be issued until the Director is assured that the Recipient has complied with all requirements for the approval of a grant under Revised Code Sections 164.20 through 164.27 and has completed any land acquisition required by the Project. A Notice to Proceed shall be required for all Project prime contractors or direct procurement initiated by the Recipient following execution of this Agreement.

  • Notice to Proceed - Land Acquisition The acquisition of the Land shall not occur until the Director has issued a written Notice to Proceed for land acquisition to the Recipient (the "Notice to Proceed"). Such Notice to Proceed will not be issued until the Director has received a Request to Proceed acceptable to the Director and is assured that the Recipient has complied with all requirements for the approval of a grant under Revised Code Sections 164.20 through 164.27 and any requirements for land acquisition set forth in this Agreement, including without limitation the OPWC's approval of the proposed Deed Restrictions and Title Agent. The Notice to Proceed also shall specify the time frame for the Closing.

  • STOP WORK NOTICE The City may issue an immediate Stop Work Notice in the event the Contractor is observed performing in a manner that is in violation of Federal, State, or local guidelines, or in a manner that is determined by the City to be unsafe to either life or property. Upon notification, the Contractor will cease all work until notified by the City that the violation or unsafe condition has been corrected. The Contractor shall be liable for all costs incurred by the City as a result of the issuance of such Stop Work Notice.

  • Disbursement Requests Except as expressly provided in the Credit Agreement, Administrative Agent must receive Disbursement Requests in writing. Disbursement Requests will only be accepted from the applicable Authorized Representatives designated in the Disbursement Instruction Agreement. Disbursement Requests will be processed subject to satisfactory completion of Administrative Agent’s customer verification procedures. Administrative Agent is only responsible for making a good faith effort to execute each Disbursement Request and may use agents of its choice to execute Disbursement Requests. Funds disbursed pursuant to a Disbursement Request may be transmitted directly to the Receiving Bank, or indirectly to the Receiving Bank through another bank, government agency, or other third party that Administrative Agent considers to be reasonable. Administrative Agent will, in its sole discretion, determine the funds transfer system and the means by which each Disbursement will be made. Administrative Agent may delay or refuse to accept a Disbursement Request if the Disbursement would: (i) violate the terms of this Agreement; (ii) require use of a bank unacceptable to Administrative Agent or Lenders or prohibited by government authority; (iii) cause Administrative Agent or Lenders to violate any Federal Reserve or other regulatory risk control program or guideline; or (iv) otherwise cause Administrative Agent or Lenders to violate any applicable law or regulation.

  • Proper Instructions and Special Instructions “Proper Instructions,” which may also be standing instructions, as such term is used throughout this Agreement shall mean instructions received by the Custodian from a Fund, a Fund’s duly authorized investment manager or investment adviser, or a person or entity duly authorized by either of them. Such instructions may be in writing signed by the authorized person or persons or may be in a tested communication or in a communication utilizing access codes effected between electro-mechanical or electronic devices or may be by such other means and utilizing such intermediary systems and utilities as may be agreed from time to time by the Custodian and the person(s) or entity giving such instruction, provided that the Fund has followed any security procedures agreed to from time to time by the applicable Fund and the Custodian including, but not limited to, the security procedures selected by the Fund via the form of Funds Transfer Addendum hereto, the terms of which are hereby agreed to. Oral instructions will be considered Proper Instructions if the Custodian reasonably believes them to have been given by a person authorized to provide such instructions with respect to the transaction involved; the Fund shall cause all oral instructions to be confirmed in writing. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to any multi-party agreement which requires a segregated asset account in accordance with Section 2.9 hereof.

  • Request for Payment Payment to the Grantee shall be due 30 calendar days following receipt by the City of the Grantee’s fully and accurately completed payment request, using the City’s contract management system. The payment request must be submitted to the City no later than 11:59 p.m. Central Standard Time 25 calendar days following the end of the month covered by the payment request. If the 25th calendar day falls on a weekend or holiday, as outlined in Section 8.24, the deadline to submit the payment request is extended to no later than 11:59 p.m. Central Standard Time of the 1st weekday immediately following the weekend or holiday.

  • Completed Application Your rental application for Residents and Occupants will not be considered “complete” and will not be processed until we receive the following documentation and fees: a. Completed rental application for each applicant and co-applicant (if applicable) b. Valid government-issued photo identification c. Application fees for all applicants d. Application deposit for the unit

  • Project Closeout a. Participate in final inspection to prepare punch lists for project contractor to correct and/or to complete listed items. Verify that items on punch lists have been completed successfully assist COUNTY Project Manager or designee to determine completion date and coordinate project close out. a. Coordinate the preparation, acceptance and distribution of project closeout documents in accordance with COUNTY Project Manager or designee procedures to clients.

  • Application for Payment The form acceptable to Owner that is to be used by the Contractor during the course of the Work in requesting payment from the Owner and that is to be accompanied by such supporting documentation as is required by the Contract Documents.