Phase II Project Sample Clauses

Phase II Project. Each of the parties hereto also acknowledges that ONI or PGV-II expects to undertake during the Basic Lease Term the Phase II Project either adjacent to the Project or at a different location on the Land (as defined in the Resource Sublease Partial Assignment). The Phase II Project and the Project in the aggregate, are expected to have a generation capacity of up to approximately 60 MW. The Phase II Project shall be subject to satisfaction of the conditions and limitations set forth in the Resource Sublease Partial Assignment (which conditions and limitations are incorporated herein) and shall only be permitted if the Person that has agreed to purchase the additional contemplated electrical output of the Phase II Project agrees that it shall have no right against the Project, the Lessee, the Owner Lessor, the Indenture Trustee, the Equity Investor or any Noteholder with respect to any matter relating to the Phase II Project or the power to be sold therefrom, it being understood that if the Power Purchaser shall purchase the output of the Phase II Project, it shall enter into a new power purchase agreement. The Phase II Project will not be undertaken if the implementation thereof would reduce by more than a de minimis amount the rights and benefits of the Owner Lessor, and so long as the Lien of the Indenture shall not have been terminated and fully discharged, the Indenture Trustee, with respect to the Project. The parties agree that the Phase II Project will not be part of the Project or subject to the Head Lease or the Project Lease. The parties agree to reasonably cooperate with PGV to implement the Phase II Project including with respect to any third party consents necessary to implement such Phase II Project, it being understood that PGV-II and ONI are third party beneficiaries of this Section. The parties acknowledge that PGV and PGV-II may have to enter into co-tenancy agreements with PGV and/or the Owner Lessor with respect to certain shared facilities, as contemplated by Section 5.23. The parties agree to enter into or consent to such co-tenancy arrangements provided there is no adverse effect on the operation, fair market value, residual value or useful life of the Project.
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Phase II Project. The Company shall direct that all Loss Proceeds in respect of the Phase II Project at any time prior to the Phase II Completion Date shall be paid by the insurers, reinsurers, Governmental Authorities or other payors directly to the Disbursement Agent for deposit in the Company’s Funds Account. In the event that for a period of one hundred twenty (120) days after any such Loss Proceeds are deposited in the Company’s Funds Account, the Company is not permitted pursuant to the terms hereof to obtain Advances of such Loss Proceeds to pay Project Costs allocated to the Phase II Project in the Phase II Project Budget, then the Company shall use all funds on deposit in the Company’s Funds Account, the Completion Guaranty Deposit Account, the Project Liquidity Reserve Account and an amount from the Company’s Concentration Account equal to the credit balance in the Construction Tracking Account to prepay the Loans and the 2014 Notes in accordance with the Bank Credit Agreement and the 2014 Notes Indenture, respectively, in each case, subject to the Intercreditor Agreement.
Sample 1
Phase II Project. The Company shall direct that all Loss Proceeds in respect of the Phase II Project at any time prior to the Phase II Completion Date in respect of such Project shall be paid by the insurers, reinsurers, Governmental Authorities or other payors directly to the Disbursement Agent for deposit in the Company's Funds Account. In the event that for a period of one hundred twenty (120) days after any such Loss Proceeds are deposited in the Company's Funds Account, the Company is not permitted pursuant to the terms hereof to obtain Advances of such Loss Proceeds to pay Project Costs allocated to the Phase II Project in the Phase II Project Budget, then the Company shall use all other such proceeds and funds on deposit in the Completion Guaranty Deposit Account and the Project Liquidity Reserve Account to prepay the Loans and the 2014 Notes in accordance with the Bank Credit Agreement and the 2014 Notes Indenture, respectively, in each case, subject to the Intercreditor Agreement.
Sample 1
Phase II Project. The Company may develop, construct, own and operate an expansion of the Phase I Project, consisting of an approximately 1,500-suite hotel tower, additional casino space and additional restaurants, a spa, swimming pools, and retail and convention space with related ancillary facilities, located on approximately 20 acres of land adjacent to the Phase I Project, tentatively named "Encore at Xxxx Las Vegas" (the "PHASE II PROJECT" and, collectively with the Phase I Project, the "PROJECTS").
Sample 1
Phase II Project. The Company may develop, construct, own and operate an expansion of the Phase I Project, consisting of an approximately 1,500-suite hotel tower, additional casino space and additional restaurants, a spa, swimming pools, and retail and convention space with related ancillary facilities, located on approximately 20 acres of land adjacent to the Phase I Project, tentatively named “Encore at Xxxx Las Vegas” (the “Phase II Project” and, collectively with the Phase I Project, the “Projects”).
Sample 1
Phase II Project. 14.1 At any given time during the construction of the said residential project the Promoter acquires any land contiguous to the said Premises, the Promoter shall be entitled to amalgamate and/or include the said Residential Project with the said Premises for carrying out construction of further residential/commercial/shopping building/s in terms of the Plan duly sanctioned by the Kolkata Municipal Corporation and/or by modification of the existing plan and all residents of the Phase II project shall be entitled to use all common parts and portions, facilities and installations of the said Premises and/or the existing Residential Project/Phase I Project including the recreation centre and the Allottee shall have no objection in any manner whatsoever or howsoever in respect of such amalgamation and/or the construction of the Phase II project. Similarly, the residents of the existing Residential Project/Phase I project shall be entitled to use all common parts and portions, facilities and installations to be provided in the Phase II project.
Sample 1
Phase II Project. The total aggregate of all proposed cumulative Acquisitions associated with any and all Project Element(s) and all of the rights and obligations associated therewith, including all related agreements and arrangements, all appurtenant equipment thereto as may be applicable, the applicable portion of any common facilities and related facilities for interconnection or transmission of the output of any Project Element(s) and all necessary or related facilities to carry forth the deployment and placement into operation of any Project Element(s). Exhibit A contains the proposed Acquisitions or Project Elements and the Entitlement Share of energy or capacity contemplated to be acquired by each SCPPA member participating in Phase I or Phase II as of the date of this Agreement. Exhibit A may be amended by the Coordinating Committee or as otherwise provided in this Agreement to reflect revisions in participation, revisions in generation or transmission entitlements, percentages or capacity, the addition or withdrawal of new or different proposed Project Element Participants, the addition of new Project Elements and the deletion of then existing Project Elements. Each such amendment, revision, modification or addition to Exhibit A shall be supplied to each Participant requesting the same. The Coordinating Committee or the Board of Directors, as provided herein or as may be applicable, shall have the authority to modify the project description contained herein to accommodate or adapt to new circumstances or changed conditions. For the purpose of this Agreement the terms “Project” and “Phase II Project” shall be synonymous.
Sample 1
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Phase II Project. This project consists of the construction of the West Manufacturing Building (three (3) story and 599,105 sq ft), the Central Courtyard (four (4) story 394,566 sq ft), as well as the East Training and Welcome Center. The project will begin with the structural demolition of buildings 3770 and 3790, site grading, as well as the utility demo and relocation. The Phase II project will conclude with the erection of a six (6) story, 1,432 space parking deck. By combining their efforts, skills, knowledge and resources OSHA, Georgia Tech, and DPR Construction expect to reduce exposure to hazards and thereby decrease the possibility of serious injuries and fatalities at the construction site. This Partnership is consistent with OSHA’s long-range efforts to develop a contractor/ government partnership approach to safety management. It allows for better use of OSHA resources, innovation in safety management and encourages more participation in the safety process from the construction community.
Sample 1
Phase II Project 
Sample 1

Related to Phase II Project

  • Project Completion Part 1 – Material Completion

  • Project 3.01. The Recipient declares its commitment to the objectives of the Project. To this end, the Recipient shall carry out the Project in accordance with the provisions of Article IV of the General Conditions.

  • Phase II A small portion of the work for the Phase II modifications to the Plattsburgh Substation will be performed by Transmission Owner, and the remainder will be performed by Clinton and Xxxxxxxxx. A detailed definition of the specific scope for Transmission Owner and Clinton and Xxxxxxxxx including interface points shall be defined during the design phase and, as such documents become available, copies will be delivered to the NYISO, Transmission Owner, Noble Altona Windpark, LLC and Marble River, LLC. The full scope includes the installation of wave traps, CCVT’s and modifications and/or additions to relaying on the MWP-1 and MWP- 2 lines. These lines will be reconfigured at the completion of Phase II to connect to Xxxxx and Xxxxxxx Substations on MWP-1 and the Xxxx Substation on MWP-2. Clinton and Xxxxxxxxx will design the upgrades and purchase the materials based on the outline specification that was prepared and issued by Transmission Owner. The work to be performed by Clinton and Xxxxxxxxx will include both the materials for the exterior and interior installations and items for Transmission Owner installation inside the control building in existing relay panels and communication racks. In addition, Clinton and Xxxxxxxxx will be responsible for the exterior and interior construction work and will provide construction management services in coordination with Transmission Owner. The civil design for the foundations and the electrical design for the cable runs to the control room will be designed by, as approved by Transmission Owner, and installed under the supervision and control of Clinton and Xxxxxxxxx. The equipment will be selected and procured in accordance with the specifications developed during the detailed engineering phase, copies of which shall be furnished to the NYISO, Transmission Owner, Noble Altona Windpark, LLC and Marble River, LLC. The construction of the foundations, structures, wave traps, CCTV and cable runs into the control building to the termination cabinets will be completed by Clinton and Xxxxxxxxx. The work at the Plattsburgh Substation will be installed under Transmission Owner’s CPP-1. Transmission Owner will provide Protection and Controls Engineering, install and terminate wiring from the termination cabinets to the control panels and relays, install relays and equipment in the existing panels, and will commission such work inside the 230kV control building. Transmission Owner will develop the communications protocols and data flow over the circuits.

  • Development of the Project 4.1 TSP's obligations in development of the Project: Subject to the terms and conditions of this Agreement, the TSP at its own cost and expense shall observe, comply with, perform, undertake and be responsible:

  • PHASE is a distinct portion of the Work to be provided under this Agreement, as specified in the Statement Of Work.

  • Project Costs Simultaneously with the execution of this Agreement, the Company shall disclose to the Department all of the Project Costs which the Company seeks to include for purposes of determining the limitation of the amount of the Credit pursuant to Section 5-30 of the Act and provide to the Department a Schedule of Project Costs in the form as attached hereto as Exhibit C.

  • Phase I a. In Phase I, the project will be connected as a tap to the Transmission Owner’s 230kV transmission line MWP-2 via one 230kV circuit breaker in series with one of two ring bus breakers for stuck breaker protection (one in each direction) and a tie-line breaker, as shown on the one-line diagram labeled CL-E-IA-01 attached to this Appendix A as Figure 1. The changes to the existing MWP-2 line protection for this arrangement are described in Phase I System Upgrades in Section II of this Appendix A.

  • The Project The Project is the total construction of which the Work performed under the Contract Documents may be the whole or a part.

  • Construction Budget The total amount indicated by the District for the Project plus all other costs, including design, construction, administration, financing, and all other costs.

  • Construction Contract; Cost Budget Prior to execution of a construction contract, Tenant shal] submit a copy of the proposed contract with the Contractor for the construction of the Tenant Improvements, including the genera] conditions with Contractor (the “Contract”) to Landlord for its approval, which approval shall not be unreasonably withheld, conditioned or delayed. Following execution of the Contract and prior to commencement of construction, Tenant shall provide Landlord with a fully executed copy of the Contract for Landlord’s records. Prior to the commencement of the construction of the Tenant Improvements, and after Tenant has accepted all bids and proposals for the Tenant Improvements, Tenant shall provide Landlord with a detailed breakdown, by trade, for all of Tenant’s Agents, of the final estimated costs to be incurred or which have been incurred in connection with the design and construction of the Tenant Improvements to be performed by or at the direction of Tenant or the Contractor (the “Construction Budget”), which costs shall include, but not be limited to, the costs of the Architect’s and Engineers’ fees and the Landlord Coordination Fee. The amount, if any, by which the total costs set forth in the Construction Budget exceed the amount of the Tenant Improvement Allowance is referred to herein as the “Over Allowance Amount”. In the event that an Over-Allowance Amount exists, then prior to the commencement of construction of the Tenant Improvements, Tenant shall supply Landlord with cash in an amount equal to the Over- Allowance Amount. The Over-Allowance Amount shall be disbursed by Landlord prior to the disbursement of any of the then remaining portion of the Tenant Improvement Allowance, and such disbursement shall be pursuant to the same procedure as the Tenant Improvement Allowance. In the event that, after the total costs set forth in the Construction Budget have been delivered by Tenant to Landlord, the costs relating to the design and construction of the Tenant Improvements shall change, any additional costs for such design and construction in excess of the total costs set forth in the Construction Budget shall be added to the Over-Allowance Amount and the total costs set forth in the Construction Budget, and such additional costs shall be paid by Tenant to Landlord immediately as an addition to the Over-Allowance Amount or at Landlord’s option, Tenant shall make payments for such additional costs out of its own funds, but Tenant shall continue to provide Landlord with the documents described in items (1), (ii), (iii) and (iv) of Section 2.2.2.1 of this Tenant Work Letter, above, for Landlord’s approval, prior to Tenant paying such costs. All Tenant Improvements paid for by the Over-Allowance Amount shall be deemed Landlord’s property under the terms of the Lease. 4.2.2

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