Construction Period Security definition

Construction Period Security means the Performance Assurance that Seller is required to maintain during the period and as otherwise specified in Section 8.4(a)[(ii)/(iii)] to secure performance of its obligations hereunder.
Sample 1Sample 2Sample 3
Construction Period Security has the meaning set forth in Section 11.2.2.
Sample 1Sample 2Sample 3
Construction Period Security means (i) a Letter of Credit, substantially in the form of Attachment B, to be provided to the Utility or (ii) Cash held in escrow for the Utility under a Cash Escrow Agreement, substantially in the form of Attachment C to be mutually agreed between the Utility and Generator, in support of the Generator’s obligations during the Construction Period in an amount defined in section 2.3.3.
Sample 1Sample 2

Examples of Construction Period Security in a sentence

  • Except to the extent Seller elects to apply the Pre-Construction Security to the Construction Period Security, Buyer shall promptly return to Seller the unused portion of the Pre-Construction Security after the earlier of (a) the date on which Seller has delivered the Construction Period Security, and (b) termination of the Agreement by either Party under Section 2.5.2(b).

  • Buyer shall be entitled to recover the Daily Delay Damages owed by Seller from the Construction Period Security held by Xxxxx.


More Definitions of Construction Period Security

Construction Period Security means an irrevocable standby letter of credit to be provided to the Utility or cash held in escrow by the Utility in support of the Generator’s obligations during the Construction Period in an amount defined in section 2.3.3.
Sample 1Sample 2
Construction Period Security means (i) a Letter of Credit, substantially in the form of Attachment B (which form may be modified or altered as deemed necessary by the entity issuing such letter), to be provided to the Utility or (ii) Cash held in escrow for the Utility under a Cash Escrow Agreement, substantially in the form of Attachment C to be mutually agreed between the
Sample 1
Construction Period Security means an irrevocable standby letter of credit to be provided to the Utility or cash held in escrow by the Utility in support of the Generator’s obligations during the Construction Period in an amount defined in section 2.3.3. Deleted: Deleted: r Deleted: a Deleted: a Deleted: Deleted: is Deleted: in the third Recital hereof Deleted: Deleted: and concluding on the Conclusion Date Deleted: achieves commercial operation Deleted: n Deleted: L Deleted: C “Conclusion Date” means May 31, [ ], which date shall not be altered by any delay or change in the Commencement Date or other provision under this Agreement. Deleted: .
Sample 1
Construction Period Security means an irrevocable standby Letter of Credit to be provided to the Utility or Cash held in escrow byon behalf the Utility by the Custodian under a Cash Escrow Agreement, in support of the Generator’s obligations during the Construction Period in an amount defined incalculated under section 2.3.3.
Sample 1
Construction Period Security means an irrevocable standby letter of credit to be provided to the Utility or cash held in escrow by the Utility in support of the Generator’s obligations during the Construction Period in an amount defined in section 2.3.3. Deleted: .
Sample 1

Related to Construction Period Security

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

  • Construction Completion Date means date of the completion of the Construction Period, which shall be at the expiry of a period of 24 (Twenty Four) months from the Compliance Date or such other date (with the consent of the Authority) by which the overall development of the Project is completed in accordance with the provisions of this Concession Agreement and when the Construction Completion Certificate is issued by Authority as per Article 14.1.

  • 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.

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

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Substantial Completion Date means the required date for Substantial Completion of the Project. The Substantial Completion Date can be adjusted only by written Change Order.

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.

  • Billing Commencement Date means the earlier of:

  • Commencement Date of the Contract means the date of signing of the Contract between the Purchaser and the Contractor.

  • 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.

  • Construction Completion means physical construction of a cleanup action component is complete.

  • Installation Date means the date specified in the Statement of Work by which the Contractor must have the ordered Equipment ready (certified) for use by the State.

  • Construction Completion Certificate means a document: