Construction Event definition

Construction Event means a geological condition or physical constraint affecting the Facility (including the presence of new or unknown fauna or flora, unexploded ordnance, mudstone, archaeological remains, antiquities or hazardous materials);
Sample 1Sample 2Sample 3
Construction Event means the sudden soil settling that has occurred under certain Project tank foundations, the remediation of which has caused a substantial delay in the completion and start-up of the Project.
Sample 1

Examples of Construction Event in a sentence

  • The fee for copying records shall not exceed 25 cents per page for photocopies not exceeding 9 by 14 inches.

  • A Project Co Construction Event of Default shall constitute a default by Contractor under the Construction Contract, provided that, for greater certainty, if the Contractor has received a copy of the notice of default provided to Project Co in accordance with Article 41 of the Project Agreement, Contractor shall not be entitled to any notice of or time period to remedy such Project Co Construction Event of Default.

  • If, pursuant to Condition 5 (Adjustment to Installed Capacity Estimate: Relevant Construction Event) of the CfD (Phase 1) Agreement, the Phase 1 Installed Capacity Estimate is reduced (the amount of such reduction being the "RCE Reduction Amount"), the CfD Counterparty shall, within five (5) Business Days of such reduction having been agreed or determined, give a notice to the Generator [and Project Company 3] (a "Phasing RCE-Adjustment Notice").

  • Each of Buyer and Seller represents and warrants to each other that it has no obligation to any third party which might give rise to a claim for a brokerage commission, finder'S fee or similar payment to any person in connection with the transactions contemplated by this Agreement.

  • EcoTrafiX Map – Crossroads Construction Event (Source: Kapsch TrafficCom) Figure 7.

  • If Seller is the defaulting Party, the damages recoverable by EPE on account of a Construction Event of Default or an Operational Event of Default shall include Replacement Energy Costs, provided that damages associated with a Construction Event of Default shall not exceed the amount of the Security Fund provided by Seller.

  • Notwithstanding anything set forth herein to the contrary, prior to the commencement of the Base Term with respect to a Lease Supplement for a Site, the aggregate amount payable by Lessee on a recourse basis under this Article XVIII shall be subject to the limitations on recourse liability set forth in Section 7.9 of the Participation Agreement to the extent such amounts arose solely as a result of an Nonrelated Construction Event relating directly to such Leased Property.

  • No disbursements shall be made while a Construction Event of Default (as defined in Article 7) exists and is continuing under this Agreement or any of the other Operative Documents, unless otherwise agreed by the City.

  • After giving effect to the transactions contemplated on the Closing Date, no Default, Event of Default, Construction Default or Construction Event of Default shall occur and be continuing.

  • According to Government Decision No. 99 of 27 February 1995 on Customs Valuation, the calculation of duties payable for imported commodities is made on the basis of the following criteria:- the relevant tariff (as set out in the tariff schedule);- the customs value;- the origin of the goods (for goods benefiting from preferential trade agreements).

Related to Construction Event

  • Acquisition Event means a merger or consolidation in which the Company is not the surviving entity, any transaction that results in the acquisition of all or substantially all of the Company’s outstanding Common Stock by a single person or entity or by a group of persons and/or entities acting in concert, or the sale or transfer of all or substantially all of the Company’s assets.

  • Additional Disruption Event means any of Change in Law, Hedging Disruption and/or Increased Cost of Hedging.

  • Rejection Event means, in respect of the Benchmark, the relevant competent authority or other relevant official body rejects or refuses or will reject or refuse any application for authorisation, registration, recognition, endorsement, equivalence, approval or inclusion in any official register which, in each case, is required in relation to the Securities, the Benchmark or the administrator or sponsor of the Benchmark under any applicable law or regulation for the Issuer or any other entity to perform its obligations in respect of the Securities.

  • Severe Disruption Event means any event specified as such in the Final Terms.

  • Load Reduction Event means a reduction in demand by a Member or Special Member for the purpose of participating in the PJM Interchange Energy Market.

  • Disruption Event means either or both of:

  • Default Event means an event or circumstance which leads Operator to determine that a Venue User is or appears to be unable or likely to become unable to meet its obligations in respect of an Order or Transaction or to comply with any other obligation under an Agreement or Applicable Law.

  • Settlement Disruption Event means each of the following events, as determined by the Calculation Agent in its sole discretion acting in good faith and in a commercially reasonable manner:

  • Termination Event means an Illegality, a Tax Event or a Tax Event Upon Merger or, if specified to be applicable, a Credit Event Upon Merger or an Additional Termination Event.

  • Insurance and Condemnation Event means the receipt by the Borrower or any of its Subsidiaries of any cash insurance proceeds or condemnation award payable by reason of theft, loss, physical destruction or damage, taking or similar event with respect to any of their respective property or assets.

  • Benchmark Modification or Cessation Event means, in respect of the Benchmark any of the following has occurred or will occur: