Completion Tranche Grant definition

Completion Tranche Grant means subject to Clause 4.3 (Capital Firm Schemes) and Clause 5.3.1(c) (Changes to Capital Firm Schemes) an amount equivalent to such per centum of the Capital Firm Scheme Grant as is approved by Homes England on IMS as payable following achievement of Practical Completion with respect to the relevant Capital Firm Scheme;
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Completion Tranche Grant means subject to Condition 7.6 such sum as is equivalent to the percentage of the Named Project Grant recorded on and agreed by GLA through OPS as payable when the Grant Recipient has achieved the Completion; Completion Year has the meaning attributed to it in limb (a) of the definition of Indicative Projects;
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Examples of Completion Tranche Grant in a sentence

  • If Homes England exercises its rights under Clause 22.1.2 (Adjustments to Practical Completion Tranche Grant), the Relevant Consortium Member must repay Homes England all sums due thereunder in accordance with the provisions of Clause 24.6 (Repayment of grant).

  • Firm Scheme having reached Practical Completion (or in respect of a Single Claim Scheme, having reached Completion) by the Capital Firm Scheme Completion Date, the Grant Recipient may apply to Homes England for the Practical Completion Tranche Grant (or in respect of a Single Claim Scheme the Total Grant Tranche) payable in respect of that Capital Firm Scheme to be paid to it (the PC Claim).

  • If Homes England exercises its rights under Clause 21.1.2 (Adjustments to Practical Completion Tranche Grant), the Grant Recipient must repay Homes England all sums due thereunder in accordance with the provisions of Clause 23.5 (Repayment of Grant).

  • If Homes England exercises its rights under Clause 21.1.2 (Adjustments to Practical Completion Tranche Grant), the Grant Recipient must repay Homes England all sums due thereunder in accordance with the provisions of Clause 23.5 (Repayment of grant).

  • If Homes England exercises its rights under Clause 21.1.2 (Adjustments to Practical Completion Tranche Grant), the Grant Recipient must repay Homes England all sums due thereunder in accordance with the provisions of Clause 23.5 (Repayment of Grant ).

  • Firm Scheme having reached Practical Completion (or in respect of a Single Claim Scheme, having reached Completion) by the Capital Firm Scheme Completion Date, the Lead Partner may apply to Homes England for the Practical Completion Tranche Grant (or in respect of a Single Claim Scheme the Total Grant Tranche) payable in respect of that Capital Firm Scheme to be paid to it (the PC Claim).

Related to Completion Tranche Grant

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

  • Second Incremental Auction means an Incremental Auction conducted ten months before the Delivery Year to which it relates.

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • Outside Completion Date shall have the meaning assigned to such term in Section 6.3(d).

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

  • Conditional Incremental Auction means an Incremental Auction conducted for a Delivery Year if and when necessary to secure commitments of additional capacity to address reliability criteria violations arising from the delay in a Backbone Transmission upgrade that was modeled in the Base Residual Auction for such Delivery Year.

  • Incremental Auction Revenue Rights means the additional Auction Revenue Rights, not previously feasible, created by the addition of Incremental Rights-Eligible Required Transmission Enhancements, Merchant Transmission Facilities, or of one or more Customer- Funded Upgrades.

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.

  • Completion Deadline means the date by which the Arrangement is to be completed, which date shall be April 30, 2014 or such later date as may be agreed to in writing by the Parties;

  • Limited Condition Transaction means any Acquisition Transaction or any other acquisition or Investment permitted by this Agreement, in each case whose consummation is not conditioned on the availability of, or on obtaining, third party financing.

  • Substantial Completion Date means the date on which Substantial Completion occurs.

  • First Incremental Auction means an Incremental Auction conducted 20 months prior to the start of the Delivery Year to which it relates.

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • 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.

  • Final Completion Date means the date on which Final Completion occurs.

  • Incremental Auction means any of several auctions conducted for a Delivery Year after the Base Residual Auction for such Delivery Year and before the first day of such Delivery Year, including the First Incremental Auction, Second Incremental Auction, Third Incremental Auction or Conditional Incremental Auction. Incremental Auctions (other than the Conditional Incremental Auction), shall be held for the purposes of:

  • Initial Advance means the first Advance made pursuant to Article II.

  • Second Tranche means the amount of the Financing allocated to the category entitled “Second Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Second Draw Period is the period commencing on December 1, 2015 and ending on the earlier of (i) January 31, 2016 and (ii) the occurrence of an Event of Default; provided, however, that the Second Draw Period shall not commence if on December 1, 2015, an Event of Default has occurred and is continuing.

  • Construction Completion Date means the Completion Date of the Construction as specified in the Statutory Declaration of Completion for the Project;

  • Successful Completion means that in the reasonable opinion of the Customer, Deliverables completed by the Supplier are fit for purpose, completed on time and otherwise meet all the criteria defined under this Contract;

  • 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;

  • Final completion and acceptance means the stage in the progress of the work as determined by the Contracting Officer and confirmed in writing to the Contractor, at which all work required under the contract has been completed in a satisfactory manner, subject to the discovery of defects after final completion, and except for items specifically excluded in the notice of final acceptance.

  • Incremental Available Transfer Capability Revenue Rights means the rights to revenues that are derived from incremental Available Transfer Capability created by the addition of Merchant Transmission Facilities or of one of more Customer-Funded Upgrades.

  • First Tranche means the amount of the Loan allocated to the category entitled “First Tranche” in the table set forth in Part B of Schedule 1 to this Agreement.