Common use of Project Milestone Clause in Contracts

Project Milestone. Notice to proceed has been issued to the construction contractor under the turnkey engineering, procurement and construction contract (the “EPC Contract”) for the Generating Facility and construction of the Generating Facility has commenced. Completion Date: [THIS INFORMATION HAS BEEN REDACTED] Documentation: Supplier shall provide Buyer a copy of the executed Notice to Proceed acknowledged by the construction contractor and documentation from qualified professionals which indicates that work has begun regarding the engineering, procurement and construction of the Generating Facility.

Project Milestone. Notice to proceed has been issued to the construction contractor under the turnkey engineering, procurement and construction contract (the “"EPC Contract”") for the Generating Facility and construction of the Generating Facility has commenced. Completion Date: [THIS INFORMATION HAS BEEN REDACTED] August 12, 2008 Documentation: Supplier shall provide Buyer a copy of the executed Notice to Proceed acknowledged by the construction contractor and documentation from qualified professionals which indicates indicate that work has begun regarding the engineering, procurement and construction of the Generating Facility.

Project Milestone. Notice to proceed Proceed has been issued to the construction contractor under the turnkey engineering, procurement and construction contract (the “"EPC Contract”") for the Generating Facility and construction of the Generating Facility has commenced. Completion Date: [THIS INFORMATION HAS BEEN REDACTED] Eleven months AA Documentation: Supplier shall provide Buyer a copy of the executed Notice to Proceed acknowledged by the construction contractor and documentation from qualified professionals which indicates that physical work has begun on-site regarding the engineering, procurement and construction of the Generating Facility.