Construction Period Termination definition

Construction Period Termination means termination of this Agreement by the Province under Section 17.2(a) prior to Traffic Availability;
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Construction Period Termination has the meaning as set out in Section 18.1;
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Examples of Construction Period Termination in a sentence

  • This Agreement shall commence on the date hereof and shall terminate on the Construction Period Termination Date.

  • Prior to the Construction Period Termination Date, the Construction Agent in its Requisition for the final Advance may request amounts to pay for punch list items for the Property that have not been completed at such time and that may not be completed until after the Completion Date (such Advance being referred to herein as the “Punchlist Advance”).

  • Notwithstanding Section 18.2, if a Construction Period Termination occurs while the Province continues to hold the Financing and Initial Performance Letter of Credit and the condition for release set out in Section 3.5 has not occurred, then the Province shall have no obligation to make a Termination Payment to the Contractor.

  • This Agreement shall commence on the date hereof and, unless the Lessor (in its sole discretion) elects otherwise, this Agreement shall terminate on the Construction Period Termination Date.

  • After the earlier to occur of the applicable Completion Date or Construction Period Termination Date for such Property, as applicable, each Indemnified Person shall be a beneficiary of the provisions set forth in Sections 11.1, 11.2 and 11.5.

  • During the Term, Lessee may cease operations at Properties having a Maximum Property Cost not to exceed fifty percent (50%) of the Maximum Property Cost of all Properties as of the Construction Period Termination Date; provided, during such 8 period of ceased operations Lessee shall comply with its obligations under the Operative Agreements.

  • During such twenty (20) day period, none of the Financing Parties may exercise any remedy under any Operative Agreement solely as a result of the Construction Agent being unable to effect Completion by the Target Construction Period Termination Date.

  • If Lessor does not require the Construction Agent to pay such amount, the Construction Agent shall promptly and diligently complete the development, acquisition, refinancing, installation, construction and testing of the Construction Period Properties in substantial accordance with the Plans and Specifications and with the terms hereof and cause the Completion Date with respect to the Construction Period Properties to occur on or before the Construction Period Termination Date.

  • Until termination of the Lease Agreement and the Agency Agreement, the Construction Agent shall promptly and diligently complete the development, acquisition, refinancing, installation, construction and testing of each Construction Period Property substantially in accordance with the Plans and Specifications and with the terms hereof and cause the Completion Date with respect to each Construction Period Property to occur on or prior to the Construction Period Termination Date.

  • If by the end of such twenty (20) day period (or, if sooner, the Target Construction Period Termination Date), the Construction Agent is unable to obtain approval for such postponement, then the rights and remedies of the parties with respect thereto will be governed by the Agency Agreement.

Related to Construction Period Termination

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

  • Accretion Termination Date As defined in the Series Supplement.

  • Lease Termination Date means the last day of the Lease Term.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of (1) two years following such Change in Control or (2) the Executive’s death.

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Anticipated Termination Date Any Distribution Date on which it is anticipated that the Trust Fund will be terminated pursuant to Section 9.01(c) of this Agreement.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Loan Termination Date means the earliest to occur of the following: (a) November , 2009, (b) the date the Obligations are accelerated pursuant to this Agreement or the Revolving Note and (c) the date the Bank has received (i) notice in writing from the Borrower of the Borrower’s election to terminate this Agreement or the Revolving Note or (ii) indefeasible payment in full of the Obligations.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

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

  • Agreement Termination Date is defined in Section 7.4.

  • Start-up period means up to a maximum of 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age-range of the Academy will have some pupils present).

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.

  • Post-Termination Period means a period of 12 months (subject to extension as set forth in Section 8(f)) following the effective date of the termination of Executive’s employment.

  • Rectification Period means the period of time set out in Section 4.3 of this RFP during which a Proponent will be permitted to rectify its Proposal to satisfy the mandatory submission requirements of this RFP.

  • Scheduled Termination Date means July 9, 2021 or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.02.

  • Event Termination Date See Section 2(e) hereof.

  • 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.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Senior Termination Date For each Senior Certificate Group, the Distribution Date on which the aggregate Class Certificate Balance of the related Classes of Senior Certificates has been reduced to zero.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.