Private Project Construction Sample Clauses

Private Project Construction. The Company agrees to undertake and complete the Project on the Property. The Project is intended to enhance and expand the Company’s industrial freeze drying capabilities, improve the performance of aging systems equipment and other plant assets to increase the facility’s overall competitiveness, and support research and development and quality control purposes in a modern bio-secure facility. The project will include investment by the Company into: (i) furnishings, computer hardware and software ($2,800,000); (ii) research and development ($2,800,000); (iii) machinery and equipment ($55,000,000); (iv) site preparation and infrastructure improvements ($5,000,000); (v) remodeling of existing structures ($7,600,000); and (vi) construction of a new 12,000 square foot facilities addition and a new 32,215 square foot building ($26,800,000); (hereinafter the items identified in this Section as iv, v and vi shall be collectively referred to as the “Property Improvements”). It is anticipated that the Company shall complete the Project by July 1, 2020. The Company agrees to abide by the terms of the State Agreement as it constructs and operates the Project, and the requirements of the State Agreement are incorporated herein by this reference.
Sample 1
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Related to Private Project Construction

  • Project Construction The Contractor agrees to provide continuous on-site supervision on each Job Order, while progress on the project is being accomplished. The Contractor’s Project Manager will ensure:

  • Project Construction Budget The project construction cost allowance specifically stated in writing as the ‘revised’ or ‘current’ ‘Project Construction Budget’ by the Trustees at each applicable phase of plan development.

  • Contract Construction 6.27.1 The parties acknowledge that each party and its counsel have reviewed this CONTRACT and that the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this CONTRACT or any amendment or exhibits hereto.

  • BUILDER’S RISK FOR CONSTRUCTION RENOVATION PROJECTS If the project is CONSTRUCTION RENOVATION of an existing structure, and the State has already determined that Contractor will not be obligated to obtain and maintain Builder’s Risk insurance, then the following provisions apply:

  • Special Construction If, after an order is placed, Xxxxxxx finds that third-party special construction services are needed to build, configure or install any additional facilities and/or equipment necessary for Verizon to provide Access service, Verizon will notify the Customer of any such special construction charges. If Customer does not accept the special construction charges, Customer may terminate the order(s) affected by the special construction charges, with no cancellation fee(s).

  • Agreement Construction Headings or captions to the provisions of this Agreement are solely for the convenience of the parties, are not part of this Agreement, and shall not be used to interpret or determine the validity of this Agreement. Any ambiguity in this Agreement shall not be construed against the drafter, but rather the terms and provisions hereof shall be given their reasonable interpretation.

  • New Construction If this contract is for a Property that is newly constructed and the new construction option is selected, coverage begins on day one (1) of month thirteen

  • Post-Construction Phase A. Upon written authorization from Owner during the Post-Construction Phase, Engineer shall:

  • Interconnection Facilities Engineering Procurement and Construction Interconnection Facilities, Network Upgrades, and Distribution Upgrades shall be studied, designed, and constructed pursuant to Good Utility Practice. Such studies, design and construction shall be based on the assumed accuracy and completeness of all technical information received by the Participating TO and the CAISO from the Interconnection Customer associated with interconnecting the Large Generating Facility.

  • BUILDER’S RISK FOR NEW CONSTRUCTION PROJECTS If the project is NEW CONSTRUCTION, then the following provisions apply:

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