Payment on Commencement of Project Sample Clauses

Payment on Commencement of Project. Alberta Innovates will not pay more than twenty (20%) percent of the total Investment on the Project Start Date. In those rare instances where additional funds may be required to jump-start the Project, the Recipient may seek Alberta Innovates’ prior written approval to provide additional funding within forty-five (45) days of the Project Start Date, such additional funding to be wholly at Alberta Innovates’ discretion. Any requests for additional funding within such forty-five (45) day period will include a detailed summary explaining why such funds are urgently required to ensure the success of the Project. If any additional funding is to be paid during such forty-five (45) day period then this amount must be spent in full by the Milestone 1 End Date, and the Recipient shall detail all expenditures related to such funds in the Progress Report due on completion of Milestone 1.
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Related to Payment on Commencement of Project

  • Construction Commencement The Connecting Transmission Owner shall commence construction of the Connecting Transmission Owner’s Attachment Facilities and System Upgrade Facilities and System Deliverability Upgrades for which it is responsible as soon as practicable after the following additional conditions are satisfied:

  • TIME OF COMMENCEMENT AND COMPLETION 2.1 The Contractor shall commence the Work upon the date established in the Notice to Proceed.

  • Commencement of Negotiations Within five (5) days of satisfaction of the public notice requirement, and not later than forty-five (45) days following submission of the proposal, negotiations shall commence at a mutually acceptable time and place for the purpose of considering changes in this Agreement.

  • Commencement and Completion The Work shall commence on _______________, 20__ and shall be complete in accordance with this Agreement without delay on ______________, 20__. The term “day”, used throughout this Agreement, refers to calendar days. Contractor shall not be entitled to any additional compensation for any Permitted Delays. If this Agreement is not signed and returned to the Owner before any work commences, this Agreement will be considered as accepted as presented to the Contractor.

  • PRE-COMMENCEMENT PHASE Part 1 - Pre-commencement Phase Services Part 2 - Construction Documents and Site Plan SECTION 3 – CONSTRUCTION PHASE Part 1 - Construction Phase Services Part 2 - Changes to the Work Part 3 - Time. Part 4 - Correcting the Work, Inspections, Covering and Uncovering Work Part 5 - Subcontractors, Trade Contractors, and Suppliers

  • Time for Commencement and Completion The term (Initial Term) of this Agreement will begin on the Effective Date and expire on ______________________, 20___. University will have the option to renew this Agreement for _______ (___) additional ______ (____) year terms (each a Renewal Term). The Initial Term and each Renewal Term are collectively referred to as the Term.

  • Project Commencement The Grantee shall begin the grant-funded project <<on or before insert date>> <<within 90 days of the original start date of the grant term or grant execution date, whichever is later,>>, unless otherwise approved by System Agency. If project commencement is delayed, the Grantee must submit in writing to the assigned contract manager, the steps taken to initiate the project, the reasons for the delay, and the expected start date. System Agency may require Grantee to take immediate remedial or corrective action in response to any delay.

  • Service Commencement Date The date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Section 15.3 or Section 29.1 under the Tariff.

  • COMMENCEMENT AND COMPLETION OF THE PROJECT Section 3.01 The Project

  • Date of Commencement This Agreement has commenced and shall be deemed to have commenced on and with effect from the date mentioned at the beginning of this Agreement.

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