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);
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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.
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Examples of Construction Event in a sentence

  • 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.

  • For greater certainty, all of the obligations of Project Co with respect to the construction of the Initial Works shall continue unaffected notwithstanding the occurrence of a Project Co Default, including a Project Co Construction Default and a Project Co Event of Default, including a Project Co Construction Event of Default.

  • The Issuer, the City or either of them, without waiving or releasing any obligation or Event of Default or Construction Event of Default, may (but shall be under no obligation to) remedy any Construction Event of Default for the account of and at the sole cost and expense of the Construction Agent after reasonable written notice to the Construction Agent with respect thereto and reasonable opportunity afforded to the Construction Agent to do and perform the same.

  • The Issuer, the Developer or the City, as applicable, shall notify the other parties to this Cooperative Agreement and the Trustee immediately if it becomes aware of the occurrence of any Event of Default or Construction Event of Default hereunder or of any fact, condition or event which, with the giving of notice or passage of time or both, would become an Event of Default or Construction Event of Default.

  • 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.

  • In addition to the other remedies specified in this Article 12, in the event that any Construction Event of Default or Operational Event of Default is not cured within the applicable cure period set forth above, EPE may elect to treat this Agreement as being in full force and effect, and EPE shall have the right to specific performance.

  • A Producer may notify the LCHA Counterparty, no later than three (3) months prior to the Longstop Date, that a Relevant Construction Event has occurred, including supporting information to evidence the new Installed Capacity Estimate and details of any change in assets comprising the Facility.

  • 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.

  • No default or Construction Event of Default by the Construction Agent has occurred and is continuing under this Agreement, the other Operative Documents or any other agreement or document contemplated thereunder to which it is a party.

Related to Construction Event

  • Condemnation Event means any act of taking by a public or quasi-public authority through condemnation, reverse condemnation or eminent domain.

  • Disruption Event means either or both of:

  • 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.