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.

Construction Commencement Milestone means the date on which Seller has commenced construction, which requires material physical site work, such as site remediation

Examples of Construction Commencement Milestone in a sentence

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.
Seller agrees to finish the Unit and the Project according to the Plans within twenty-four (24) months after the Construction Commencement Milestone Deadline (defined in Section 5(c)(ii) below), provided that Purchaser meets all terms and conditions of this Agreement including but not limited to timely payment of all Deposits to the Escrow Agent due in accordance with the Purchase Price payments schedule contained herein in section 2(a).
Seller agrees to finish the Unit and the Project according to the Plans within twenty-four (24) months after the Construction Commencement Milestone Deadline (defined in Section 5(c)(ii) below) and before the Substantial Completion Milestone Deadline, provided that Purchaser meets all terms and conditions of this Agreement including but not limited to timely payment of all Deposits to the Escrow Agent due in accordance with the Purchase Price payments schedule contained herein in section 2(a).
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 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.
Seller agrees to finish the Unit and the Project according to the Plans within thirty (30) months after the Construction Commencement Milestone Deadline (defined in Section 6(c)(i) below) and before the Substantial Completion Milestone Deadline, provided that Purchaser meets all terms and conditions of this Agreement including but not limited to timely payment of all Deposits to the Escrow Agent due in accordance with the Purchase Price payments schedule contained herein in section 2(a).
This Initial Deposit shall be released by Escrow Agent to Seller only when the Construction Commencement Milestone is completed, which shall be duly certified by Inspector by means of the corresponding Construction Milestone Certificate.
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.
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).
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.

More Definitions of Construction Commencement Milestone

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.

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.