Examples of Build Notice in a sentence
The Owner understands that the Vendor will not be required to commence Facilities Preparation Services and/or Installation in any PCS System or PCS Sub-System until and unless the Vendor has received the applicable Build Notice pursuant to and in accordance with this subsection 2.7.
Pursuant to this subsection 2.6(d) in no event will the Owner provide the Vendor the Switch Site Notice more than sixty (60) days later than the date the Owner delivers the Vendor the Build Notice pursuant to subsection 2.7(a).
The Build Notice for each PCS System or PCS Sub-System will also include the Owner's best forecast based upon information available at such time (the "M5 Forecast") of when it expects to be able to declare Site Acquisition Substantial Completion within such PCS System or PCS Sub-System.
The Build Notice calculation will be based upon the Owner's reasonable estimate of System Element Locations within or in connection with the Preliminary RF Design applicable to the PCS System and/or PCS Sub-System in which such Build Notice is issued to the Vendor.
In the event that CLIENT provides a Build Notice, the provisions of Sections B and C of Exhibit 9.4.2 shall apply, and in the event that the Purpose-Built Facility is completed, validated, has received all necessary regulatory approvals, and obtained all necessary permits and licenses, for the Production of Products for clinical and commercial supply, and is otherwise fully ready to supply confirming Products to CLIENT, the terms of Section A of Exhibit 9.4.2 shall apply.
CLIENT shall have no obligation to provide a Build Notice hereunder, and as between the Parties, CLIENT may decide in its sole discretion whether to provide a Build Notice to LONZA.
The Parties anticipate that it would take between two and three years from the date of the Build Notice for such a Purpose-Built Facility to be completed and ready to supply conforming Products to CLIENT.
Because of delays in receiving the Proceed to Build Notice, as at April 30, 2015, the Company decided to write-off the $25,000 deposit.
In the event Purchaser and Seller fail to mutually agree in writing on a purchase price for the First Right Property within thirty (30) days following Purchaser’s receipt of Seller’s Speculative Build Notice (the “Expiration of the Negotiation Period”), then the purchase price for the First Right Property shall be the higher of the Twelve Month Price or the Fair Market Price.
Because of delays in receiving the Proceed to Build Notice, as at April 30, 2015, the Company had decided to wrote-off the $25,000 deposit.