Construction Phase definition

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.

Construction Phase means the period commencing upon the receipt of the FERC Authorization or such other date to which the Parties shall mutually agree in writing, and ending on the day immediately preceding the Commercial Operation Date or upon the earlier termination of this Agreement pursuant to its terms (regardless of whether or not any such day is a Business Day).

Construction Phase means that period necessary to construct, alter, abandon, or remove a system in accordance with the terms and conditions of an individual permit.

Examples of Construction Phase in a sentence

• If the total actual Preconstruction Fee is less than the maximum Preconstruction Fee used for initial calculation of the GMP as provided above, the GMP shall be reduced by the difference; provided that Owner may direct instead that any unapplied portion of the maximum Preconstruction Fee be applied to Construction Phase Services, in which case the GMP shall not be reduced by the portion so applied.

• If the Forward Commitment Maturity Date is extended by Xxxxxxx Xxx in accordance with the Xxxxxxx Xxx Commitment and the Construction Phase Financing Agreement, the first principal payment date under the Funding Loan Amortization Schedule shall automatically be extended to the first day of the month immediately succeeding the Conversion Date (with the succeeding principal installments remaining consistent with the original schedule but for them occurring on later dates).

• If the Conditions to Conversion are not satisfied on or before the Forward Commitment Maturity Date, the Loan will not convert from the Construction Phase to the Permanent Phase, and neither the Xxxxxxx Xxx Seller/Servicer nor Xxxxxxx Xxx will have any obligation with respect to the purchase of the Governmental Note.

• If Construction Phase Services are added to the Contract as set forth in Article 3.2, then a notice to proceed will be issued by Owner to begin the designated or full Construction Phase Services (“Notice to Proceed”).

• CM/GC shall perform Construction Phase Services in accordance with the Plans and Specifications and the other Contract Documents.

More Definitions of Construction Phase

Construction Phase is defined as including the following subphases: Construction Administration, Closeout and Warranty, and may include some activities that occur after Final Completion.

Construction Phase means the period set forth in the Schedule beginning with the issuance of the Construction Notice to Proceed and ending on the date of Final Completion of the Project.

Construction Phase means the construction phase of the Project Loan, which time period shall commence on the Delivery Date and remain in effect to, but not including, the Conversion Date.

Construction Phase means the period of time beginning when construction work in a project starts and ending when construction work in that project is completed;

Construction Phase means the period from the Date of Award of Concession to the Date of Commercial Operation.

Construction Phase means a phase of the Bank in which all components required by 33 C.F.R. § 332.4(c) are fully developed, beyond concept, and included within the exhibits of the BEI, but is implemented in stages over time. Implementation of a Construction Phase does not require an amendment of the BEI.

Construction Phase means the phase of the Project commencing upon completion of the Design Phase, or upon award of the first Subcontract related to construction of the Project, whichever occurs first, and ending upon Architect’s and Owner’s Representative’s execution of the Certificate of Final Completion of the Project. The parties acknowledge that the Design Phase and the Construction Phase may overlap.