Common Contracts

1 similar Project Agreement contracts

PROJECT AGREEMENT VALLEY LINE WEST LRT
Project Agreement • December 22nd, 2020

where: P = Payments are calculated as the sum of all amounts owing to Project Co, in accordance with this Schedule, during the Term; CPt = Construction Payments as defined in Section 1.2 for month (t); OCPt = Phase I Construction Completion (OMF-B) Payment as defined in Section1.3 for month (t); CCPt = Construction Completion Payment as defined in Section 1.4 for month (t); LHt = Legislative Holdback Payment as defined in Section 1.5 for month (t); PCDHPt = Phase 1 Construction Completion Deficiencies Holdback Repayment for the month (t) as defined in Section 1.6; and CDHPt = Construction Completion Deficiencies Holdback Repayment for the month (t) as defined in Section 1.7.

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