Construction Period Savings definition

Construction Period Savings means the Total Actual Savings that occurs during the Construction Period.
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Construction Period Savings means the actual accumulated Measured & Verified Savings plus the Stipulated Savings achieved from the Effective Contract Date until the Guarantee Date.
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Construction Period Savings shall have the meaning set out in sub-Clause 6.3.
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Examples of Construction Period Savings in a sentence

  • The final construction period savings are to be documented in the Construction Period Savings Statement.

  • This report is informational, and except to the extent provided in Section 10.7, shall not be the basis for any obligation of the Contractor to achieve a particular level of Construction Period Savings and does not reduce the obligation of the Contractor to achieve Energy and Water Savings in any Savings Year.

  • Unless otherwise specified in this Exhibit, Accrual of Construction Period Savings begins at corresponding Substantial Completion.


More Definitions of Construction Period Savings

Construction Period Savings means the actual accumulated Measured & Verified Savings plus the Stipulated Savings achieved from the Effective Contract Date until the Guarantee Date. Contracted Baseline means the post-FIM-implementation Facility operating profile based on parameters described in Exhibit C, which the CLIENT shall maintain throughout the Performance Guarantee Period and are relied upon by SIEMENS for the calculation of Guaranteed Savings as provided in the Performance Assurance, Exhibit C. The Contracted Baseline must also include stipulated hours of operation and plug-loads for all Facilities, and must include stipulated blended, or non- blended, utility rates. Deferred Maintenance means a sub-category of Operational Savings where Savings result from a reduction of current or potential future repair and maintenance costs due to certain work being performed hereunder where such work had been previously postponed. Deliverables shall mean collectively, (a) any Equipment and any Software Product deliverable to CLIENT from SIEMENS under or in connection with the Work, and (b) any Work Product Deliverables. Effective Contract Date is the date appearing at the top of this Agreement, unless specifically indicated otherwise. Equipment means the installed physical equipment to be provided by SIEMENS as described in the Scope of Work and Services, Exhibit A.
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Construction Period Savings means the actual amount of cash and energy savings the City recognizes as a result of Facility Improvements Measures during the Construction Period.
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Construction Period Savings shall have the meaning set forth in Section 3.4 herein.
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Related to Construction Period Savings

  • Construction Period means the period commencing from the Appointed Date and ending on the date of the Completion Certificate;

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Construction Completion Date means the Completion Date of the Construction as specified in the Statutory Declaration of Completion for the Project;

  • Project Year means the twelve-month period beginning from the Effective Date and ending twelve months thereafter (the First Project Year), and any twelve-month period beginning at the end of the First Project Year, or the end of subsequent Project Years;

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

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

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • Final Completion Date means the date on which Final Completion occurs.

  • Commissioning Period has the meaning set forth in Attachment T.

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • Implementation Period means the period from the date of signing of the Agreement and up to the issuance of Final Acceptance Certificate for the project.

  • Model Year means the CI engine manufacturer’s annual production period, which includes January 1st of a calendar year, or if the manufacturer has no annual production period, the calendar year.

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.

  • area control service means air traffic control service for controlled flights in control areas;

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Start-Up Testing means the completion of applicable required factory and start-up tests as set forth in Exhibit C.

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Substantial Completion Date means the date on which Substantial Completion occurs.

  • Remediation Period has the meaning specified in Section 8.2(a);

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Construction Phase means that Phase of the Project which shall commence after the Authority provides the Trade Contractor with written Notice to Proceed with the Construction Phase.

  • Post-Deconsolidation Period means any Tax Period beginning after the Deconsolidation Date, and, in the case of any Straddle Period, the portion of such Straddle Period beginning the day after the Deconsolidation Date.

  • Exploration Period means the period mentioned in Article 3 during which Exploration Operations may be carried out by the Contractor as provided in Article 3 hereof.