Examples of Construction Notice in a sentence
The “Construction Term” component of the Lease and Easement Term, if any, shall commence on the Construction Notice Date, and shall continue until the first to occur of (i) Commercial Production, and (ii) the Outside Construction Date.
HOLDING PAGE FOR EXHIBIT D Preliminary Lease and Easement Improvement Plan and Acreage Calculation [to be delivered by Lessee with Construction Notice] LEEWARD DRAFT OF 08/13/19 PURCHASE OPTION AGREEMENT This PURCHASE OPTION AGREEMENT (this “Agreement”), dated and effective on [DATE] (the “Effective Date”), is made by and between [LANDOWNER NAME, ENTITY TYPE] (“Owner”), and LEEWARD RENEWABLE ENERGY DEVELOPMENT, LLC, a Delaware limited liability company (“Optionee”).
If Xxxxxx fails to give the Construction Notice prior to the expiration of the Development Term, this Agreement, and all rights of Lessee hereunder, shall automatically terminate.