Completion Security definition

Completion Security means a Security provided to Unitywater to secure the performance and fulfillment of a Development Obligation;
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Completion Security has the meaning set forth in Section 4.5.
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Completion Security means Credit Support substantially in the form of Appendix J.
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Examples of Completion Security in a sentence

  • The Applicant acknowledges and agrees that, if it should fail to complete all Network Works within the time set out in this Agreement, then Unitywater is entitled to recover the monies comprising, or represented in, the Completion Security and that Unitywater may apply those monies to complete the Network Works (or any part thereof) and to remedy any defects which become evident during the defect liability period.

  • The Applicant acknowledges and agrees that the Completion Security will be released by Unitywater in accordance with this Agreement.

  • If Unitywater accepts a cash bond as the Completion Security, the Applicant acknowledges that no interest shall accrue or be payable and that the cash bond will be held by Unitywater as it sees fit and in its absolute discretion.

  • The Applicant undertakes that it will not interfere with the recovery by Unitywater of monies from the Completion Security notwithstanding the existence of any dispute between Unitywater and the Applicant.

  • The Completion Security must comply with Unitywater’s requirements and be acceptable to Unitywater in its absolute discretion.

  • Upon commencement of this Agreement and provision by the Applicant of the Completion Security Unitywater agrees to take all necessary steps to issue the Provisional Certificate of Completion.


More Definitions of Completion Security

Completion Security means a Security or part of a Security provided to the applicable Infrastructure Authority to secure the performance and fulfilment of a Development Obligation to enable the following:
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Completion Security means a bond or other acceptable surety deposited by an applicant with the city to ensure completion within one year of improvements required to obtain a permit or approval.
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Completion Security means the performance security issued by a bank in favor of the Contracting Authority in respect of the Concessionaire’s obligations to carry out the Works to be provided by the Concessionaire to the Contracting Authority in the agreed form, in compliance with the requirements of Clause 30.1 (Closing Security).
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Completion Security shall have the meaning set forth in Section 5.1.21(b)(i) hereof.
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Related to Completion Security

  • Transaction Security means the Security created or expressed to be created in favour of the Security Agent pursuant to the Transaction Security Documents.

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Vessel means the vessel/craft belonging to the Contractor for carrying out the work.

  • COMPLETION TIME means the period by ‘date/month’ specified in the ‘Letter of Intent/Award’ or date mutually agreed upon for handing over of the intended scope of work, the erected equipment/plant which are found acceptable by the Engineer, being of required standard and conforming to the specifications of the Contract.

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.

  • Construction Completion Certificate means a document:

  • Information Security shall have the same meanings as the terms “information technology” and “information security”, respectively, in §24-37.5-102, C.R.S. Capitalized terms used herein and not otherwise defined herein or in the HIPAA Rules shall have the meanings ascribed to them in the Contract.

  • Project Completion means the date, as determined by the Division after consultation with the Recipient, that operation of the Project is initiated or is capable of being initiated, whichever comes first.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Transaction Security Documents means each of the documents listed as being a Transaction Security Document in paragraph 2(e) of Part I of Schedule 2 (Conditions Precedent) of the 2009 Financing Agreement and any document required to be delivered to the Administrative Agent under paragraph 3(d) of Part II of Schedule 2 (Conditions Precedent) of the 2009 Financing Agreement together with any other document entered into by any Obligor creating or expressed to create any Security over all or any part of its assets in respect of the obligations of any of the Obligors under any of the Finance Documents (and any other Debt Documents).

  • Completion Schedule means the fulfilment of the Related Services by the Supplier in accordance with the terms and conditions set forth in the Contract;

  • Completion Certificate means the certificate to be issued by the Engineer-in- Charge when the work/s have been completed to his satisfaction as per terms of the contract.

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Substantial Completion Date means the required date for Substantial Completion of the Project. The Substantial Completion Date can be adjusted only by written Change Order.