Specified Projects Sample Clauses

Specified Projects. (a) The Parties recognise the unique nature of the Victorian Government ‘Big Build’ Projects. To this end, where: (i) an Employee is engaged by the Employer on one of the following major projects: (A) North East Link Project; (B) Suburban Rail Loop Project; or (C) Airport Rail Link Project; (Big Build Projects) (ii) the wages and conditions under the project specific enterprise agreement (covering the Principal Contractor or any associated entities through which it engages labour for the Big Build Project) on the Big Build Project are higher than those provided in this Agreement; (b) the Employee, whilst performing work on the Big Build Project, will receive the higher wages and conditions (reflected in the project specific enterprise agreement) in accordance with their respective classification under this Agreement.
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Specified Projects. (a) Seller shall cause all Contracts related to the development and construction of the Specified Projects to be entered into by the Company (and not by Seller or any of Seller’s Affiliates) in accordance with the budgets therefor, and Seller shall negotiate the terms of such Contracts in a manner consistent with Prudent Industry Practices (and the terms thereof shall reflect such negotiation). Seller shall, promptly following the date hereof, cause the assignment to the Company of all Contracts entered into by Seller or any of its Affiliates (excluding the Company) prior to the date hereof with respect to the Specified Projects. (b) During the Interim Period, Seller shall cause the Company to diligently pursue the development and construction of each Specified Project in accordance with Seller’s engineering standards and the budget for such Specified Project, including to continue to make capital expenditures related to such Specified Capital Projects in accordance with its applicable budget. Without limitation of Seller’s obligations under the preceding sentence, neither Seller nor the Company makes any representation or warranty, express, implied, statutory or otherwise, at law or in equity, in respect of Seller’s, the Company’s or any of their respective Affiliates’ performance of development and construction of the Specified Projects pursuant to this Section 7.22(b), including with respect to merchantability or fitness for any particular purpose. Seller shall not, and shall cause the Company not to, change the scope of the Superior Flex Project outlined in Schedule 1.1(b) in any material respect without the prior written consent of Buyer, such consent not to be unreasonably withheld, conditioned or delayed. Seller shall keep Buyer fully informed of all material developments relating to or in connection with each Specified Project, including by providing prompt written notice to Buyer if it appears at any time that there will be, or would reasonably expected to be, any material delay in the development and construction of such Specified Project (a “Delay”) or any material deviation from the approved “authority for expenditures” for the development and construction of such Specified Project (a “Deviation”). In the event of a Delay, Seller shall promptly develop and provide to Buyer a reasonably detailed plan to mitigate the Delay in respect of the affected Specified Project and shall consult with Buyer as to the substance thereof and incorporate all rea...
Sample 1
Specified Projects. 39 SUBSIDIARY(IES)...................................................................................................8
Sample 1
Specified Projects. If a Specified Consent has not been obtained prior to the Closing, then, with respect to the Specified Project relating to such Specified Consent, (a) all provisions with respect to (directly or indirectly) such Specified Project shall automatically, without further action by any Person, become null and void and without further effect, including, without limitation, any representations, warranties, covenants or purchase price adjustment provisions (and the components thereof) with respect to such Specified Project, (b) the Base Purchase Price shall be reduced by the applicable Specified Project Value, (c) the legal title to such Specified Project shall not be transferred to Buyer at the Closing, (d) the conditions to the obligations of the parties set forth in Article VI shall be deemed not to include any representation or warranties with respect to, or closing deliverables provided in connection with, such Specified Project and (e) neither Buyer nor any remaining member of the Company Group or Non-Controlled Joint Ventures Group shall have any Liability associated with such Specified Project; provided, however, that the terms of this Section 5.32 shall continue in full force and effect.
Sample 1
Specified Projects 
Sample 1

Related to Specified Projects

  • Project Completion The Contractor agrees to schedule a final job walk with the County. If required, the County will prepare a list of incomplete items, the “Punch List”. The Contractor agrees to complete the “Punch List” corrections and schedule a final project completion job walk. The County will sign the “Punch List” as completed when determined, the project is finished. The Contractor agrees to submit the following along with its final payment request:

  • Development of the Project 4.1 TSP's obligations in development of the Project: a. for procuring and maintaining in full force and effect all Consents, Clearances and Permits, required in accordance with Law for development of the Project; b. for financing, constructing, owning and commissioning each of the Element of the Project for the scope of work set out in Schedule 1 of this Agreement in accordance with: i. the Electricity Act and the Rules made thereof; ii. the Grid Code; iii. the CEA Regulations applicable, and as amended from time to time, for Transmission Lines and sub-stations: • the Central Electricity Authority (Technical Standards for Connectivity to the Grid) Regulations, 2007; • Central Electricity Authority (Technical Standards for construction of Electrical Plants and Electric Lines) Regulation, 2010; • Central Electricity Authority (Grid Standard) Regulations, 2010; • Central Electricity Authority (Safety requirements for construction, operation and maintenance of Electrical Plants and Electrical Lines) Regulation, 2011; • Central Electricity Authority (Measures relating to Safety and Electricity Supply) Regulation, 2010; • Central Electricity Authority (Technical Standards for Communication System in Power System Operation) Regulations, 2020. iv. Safety/ security Guidelines laid down by the Government; v. Prudent Utility Practices, relevant Indian Standards and the Law; not later than the Scheduled COD as per Schedule 2 of this Agreement; c. for entering into a Connection Agreement with the concerned parties in accordance with the Grid Code. d. for owning the Project throughout the term of this Agreement free and clear of any encumbrances except those expressly permitted under Article 15 of this Agreement; e. to co-ordinate and liaise with concerned agencies and provide on a timely basis relevant information with regard to the specifications of the Project that may be required for interconnecting the Project with the Interconnection Facilities; f. for providing all assistance to the Arbitrators as they may require for the performance of their duties and responsibilities; g. to provide to the Nodal Agency and CEA, on a monthly basis, progress reports with regard to the Project and its execution (in accordance with prescribed form) to enable the CEA to monitor and co-ordinate the development of the Project matching with the Interconnection Facilities; h. to comply with Ministry of Power order no. 25-11/6/2018 – PG dated 02.07.2020 as well as other Guidelines issued by Govt. of India pertaining to this; i. to procure the products associated with the Transmission System as per provisions of Public Procurement (Preference to Make in India) orders issued by Ministry of Power vide orders No. 11/5/2018 - Coord. dated 28.07.2020 for transmission sector, as amended from time to time read with Department for Promotion of Industry and Internal Trade (DPIIT) orders in this regard (Procuring Entity as defined in above orders shall deemed to have included Selected Bidder and/ or TSP). Also, to comply with Department of Expenditure, Ministry of Finance vide Order (Public Procurement No 1) bearing File No. 6/18/2019- PPD dated 23.07.2020, Order (Public Procurement No 2) bearing File No. 6/18/2019-PPD dated 23.07.2020 and Order (Public Procurement No. 3) bearing File No. 6/18/2019-PPD, dated 24.07.2020, as amended from time to time, regarding public procurement from a bidder of a country, which shares land border with India; j. to submit to Nodal Agency information in the prescribed format [To be devised by Nodal Agency] for ensuring compliance to Article 4.1 i) above. k. to comply with all its obligations undertaken in this Agreement. 4.2 Roles of the Nodal Agency in implementation of the Project: 4.2.1 Subject to the terms and conditions of this Agreement, the Nodal Agency shall be the holder and administrator of this Agreement and shall inter alia: a. appoint an Independent Engineer within 90 days of the Effective Date b. provide letters of recommendation to the concerned Indian Governmental Instrumentality, as may be requested by the TSP from time to time, for obtaining the Consents, Clearances and Permits required for the Project; c. coordinate among TSP and upstream/downstream entities in respect of Interconnection Facilities; and d. monitor the implementation of the Agreement and take appropriate action for breach thereof including revocation of guarantees, cancellation of Agreement, blacklisting etc e. provide all assistance to the Arbitrators as required for the performance of their duties and responsibilities; and f. perform any other responsibility (ies) as specified in this Agreement.

  • 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.

  • Project Budget A Project Budget shall be prepared and maintained by Grantee. The Project Budget shall detail all costs for which the Grant will be used during the Term. The Project Budget must be approved in writing by the Project Monitor. Grantee shall carry out the Project and shall incur costs and make disbursements of funds provided hereunder by the Sponsor only in conformity with the Project Budget. The current approved Project Budget is contained in Attachment “C”. Said Project Budget may be revised from time to time, but no Project Budget or revision thereof shall be effective unless and until the same is approved in writing by Project Monitor. The funds granted under this Grant Contract cannot be used to supplant (replace) other existing funds.

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