Common use of Risk management contract Clause in Contracts

Risk management contract. The parties acknowledge that this agreement is a “risk management contract” (as defined under the EII Act) for the purposes of the EII Act. This agreement commences on the Signing Date and ends on the date that this agreement is terminated in accordance with clause 15 (“Default and termination”) (“Term”). Other than clause 4.4 (“Return of Initial Security”), this Part 3 (“Development and construction of Project”) commences on the Signing Date and expires on the Commercial Operations Date.

Appears in 6 contracts

Samples: Project Development Agreement, Project Development Agreement, Project Development Agreement

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Risk management contract. The parties acknowledge that this agreement is a “risk management contract” (as defined under the EII Act) for the purposes of the EII Act. Part 2 Term 2 Term This agreement commences on the Signing Date and ends on the date that this agreement is terminated in accordance with clause 15 (“Default and termination”) (“Term”). Part 3 Development and construction of Project 3 Application of this Part Other than clause 4.4 (“Return of Initial Security”), this Part 3 (“Development and construction of Project”) commences on the Signing Date and expires on the Commercial Operations Date.

Appears in 3 contracts

Samples: Project Development Agreement, Project Development Agreement, Project Development Agreement

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Risk management contract. The parties acknowledge that this agreement is a “risk management contract” (as defined under the EII Act) for the purposes of the EII Act. 2 Term‌ This agreement commences on the Signing Date and ends on the date that this agreement is terminated in accordance with clause 15 (“Default and termination”) (“Term”). Other than clause 4.4 (“Return of Initial Security”), this Part 3 (“Development and construction of Project”) commences on the Signing Date and expires on the Commercial Operations Date.

Appears in 2 contracts

Samples: Project Development Agreement, Project Development Agreement

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