Common use of Project Phases Clause in Contracts

Project Phases. 2.2.1 The Project Period has been divided into the following phases: a) the Start Up Period will commence from the Effective Date (ED) and will end on the day before the Transition Commencement Date (TCD). b) the Transition Period will start from Transition Commencement Date (TCD) and will end on the day before the Sustaining Period Commencement Date (SPCD); c) the Sustaining Period will start from Sustaining Period Commencement Date (SPCD) and will end on Expiry Date.

Appears in 3 contracts

Samples: Performance Based Contract, Performance Based Contract (Pbc), Performance Based Contract (Pbc)

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