Construction Commencement Milestone definition

Construction Commencement Milestone means completing all Phase One/NEPA Environmental Project Reporting, Geotechnical Reports and FAA Survey services described in Attachments A-8 through A-11.
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Construction Commencement Milestone means the date on which Seller has commenced construction, which requires material physical site work, such as site remediation work, site clearing and excavation, water runoff prevention, water retention reservoir preparation, or foundation development.
Sample 1Sample 2
Construction Commencement Milestone means the date on which Seller has commenced construction, which requires material physical site work, such as site remediation
Sample 1Sample 2

Examples of Construction Commencement Milestone in a sentence

  • In the first 6 months of this financial year the total claims lodged with the Employment Tribunals was 111,614, an increase of 26.8% with single cases being 27,491 a reduction on the equivalent period in the previous financial year of 8.8% but an increase in multiples to 84,123, increase of 45.3% on the equivalent figure in the previous financial year.

  • This paragraph does not delay the Agreement's effectiveness but acts as a subsequent condition that the Seller must start building the Condominium before the Construction Commencement Milestone Deadline.

  • Buyer shall achieve the Commercial Operation Date, as may be extended as provided in Section 4.3, for the RNG Facility by the later of five hundred and forty (540) days from the Construction Commencement Milestone Date or eight hundred and seventy (870) days after the date hereof (the "Guaranteed Commercial Operation Date" or "GCOD").

  • If Buyer fails to achieve the Construction Commencement Milestone by the Construction Milestone Date, then Buyer shall provide a Remedial Action Plan to Seller and shall use commercially reasonable efforts to implement the Remedial Action Plan.

  • Third Deposit: 10% of the Purchase Price equivalent to USD$ The “Third Deposit” equivalent to ten percent (10%) of the Purchase Price shall be due by the Purchaser to the Escrow Agent when the Construction Commencement Milestone (as defined in Section 5c) has been initiated, which shall be duly certified by Inspector by means of the corresponding Construction Milestone (as defined in Section 5c).

  • The “Third Deposit” equivalent to fifteen percent (15%) of the Purchase Price shall be due by the Purchaser to the Escrow Agent when the Construction Commencement Milestone is completed, which shall be duly certified by Inspector by means of the corresponding Construction Milestone.

  • This paragraph does not delay the Agreement's effectiveness, but it's a condition that comes after the Agreement when the Seller must start building the Condominium before the Construction Commencement Milestone Deadline.

  • If the Project Infrastructure Construction Commencement Milestone Certificate is not provided within nine (9) months following the Effective Date, either party shall have the right to terminate this Agreement and upon receipt by either Seller or Purchaser of written notice from Purchaser or Seller terminating this Agreement, any Deposits made by Purchaser shall be fully refundable to Purchaser.

  • This milestone will be achieved within thirty (30) months from the Construction Commencement Milestone Deadline, which is Q1 of 2027 (“Substantial Completion Milestone Deadline”).

  • This Second Deposit shall be released by Escrow Agent to Seller when the Construction Commencement Milestone is completed, which shall be duly certified by Inspector by means of the corresponding Construction Milestone Certificate.


More Definitions of Construction Commencement Milestone

Construction Commencement Milestone means that Buyer has issued "notice to proceed" or similar instruction to its construction contractor to commence mobilization for construction of the RNG Facility at the site and such contractor has commenced physical construction at the Site.
Sample 1
Construction Commencement Milestone means the date on which the contractor engaged by Seller under the EPC Contract is given an unlimited notice to proceed with the construction of the Plant and such contractor in fact commences material work on excavation or foundations for the Plant.
Sample 1

Related to Construction Commencement Milestone

  • Project Milestones means the project milestones set forth in Schedule-G;

  • 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.

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

  • Milestone Schedule means Seller’s milestone schedule, the form of which is attached to this Agreement as Exhibit Q.

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

  • 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;

  • Practical Completion means the completion of the Project where the building is fit for occupancy and/or purpose.