Cost of Completion definition

Cost of Completion shall have the meaning ascribed to it in Clause 32.6.1.
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Cost of Completion shall have the meaning ascribed to it in Clause 37.5.1. 1.19 "Directive" means any directive issued by a Government Agency. 1.20 "Direct Tax" shall have meaning ascribed to it in Clause 8.1. 1.21 "Effective Date" means the date of Letter of Award. 1.22 "Emergency Event" means a sudden and unexpected event or circumstance which has caused or reasonably threatens to cause (i) serious bodily injury to any personnel employed at the Site or any other Persons at or in the vicinity of the Site; (ii) serious physical damage to the Plant, including the Facility or other material or property located at or in the vicinity of the Site; (iii) a work stoppage or other serious labour disturbance at the Site; (iv) imposition of fines or other penalties or sanctions under any Applicable Law, which fines, penalties or sanctions would be likely to affect seriously the ability of Owner or the Contractor to perform any of its or their obligations under this Contract; or (v) an occurrence of any accident materially impacting on the environment. 1.23 –DELETED- 1.24 "Force Majeure" shall have the meaning ascribed to it in Clause 18.1. Contract for MHU Page 6 Plant: 2X363.3 MW GAS BASED COMBINED CYCLE POWER PLANT
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Cost of Completion means the cost to manufacture the remaining unfulfilled products and provide the remaining services under the applicable Contract including only the Company's standard material cost, standard direct labor cost and standard overhead cost for the relevant product.
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Examples of Cost of Completion in a sentence

  • If the Cost of Completion when added to the total amounts already paid to Contractor as at the date of termination exceeds the total amount which would have been payable to the Contractor for performing the Services, the Contractor shall upon demand, pay to the Owner the amount of such excess.

  • If there is no such excess the Contractor shall be entitled to be paid the difference (if any) between the Cost of Completion and the total of all payments received by the Contractor as on the date of termination.

  • If the Cost of Completion when added to the total amounts already paid to Contractor as at the date of termination exceeds the total amount which would have been payable to the Contractor for supply of Materials, the Contractor shall upon demand, pay to the Owner the amount of such excess.

  • The Customer shall not be liable to make any further payments to the ESCO until the costs of completing or taking over the Works and all other expenses that will be incurred by the Customer in connection therewith have been ascertained (the "Cost of Completion").

  • If there is no such excess the ESCO shall be entitled to be paid the Termination Value and the Customer shall pay the Termination Value to the ESCO not later than sixty (60) Business Days after determining the Cost of Completion.

  • If the Cost of Completion when added to the amounts then already paid to the ESCO as at the date of termination exceeds the total amount which would have been payable to the ESCO for the execution of the Works assuming this Contract was not terminated, the Customer shall certify the excess and the ESCO shall pay the Customer the amount of such excess within thirty (30) Business Days of a written demand from the Customer.

  • If the Cost of Completion when added to the total amounts already paid to Contractor as at the date of termination exceeds the total amount which would have been payable to the Contractor for Works, the Contractor shall upon demand, pay to the Owner the amount of such excess.

  • If the Cost of Completion when added to the total amounts already paid to Contractor as at the date of termination exceeds the total amount which would have been payable to the Contractor for performing the services, the Contractor shall upon demand, pay to the Owner the amount of such excess.

  • The Borrowers agree that no advance shall be made with respect to the foregoing unless, after the making of any such advance, there remains with the Bank Loan proceeds undisbursed in an amount equivalent to the Cost of Completion as reasonably determined by the Bank at the time of such advance.


More Definitions of Cost of Completion

Cost of Completion means $25,000,000.00, being the total amount estimated by the Borrower as necessary to acquire the Land and to complete the Improvements, as set forth in the Total Project Cost Statement.
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Cost of Completion shall have the meaning ascribed to it in Clause 41.5.1. 1.19 "Directive" means any directive issued by a Government Agency. 1.20 -DELETED- 1.21 "Effective Date" means the date of Letter of Award. 1.22 "Emergency Event" means a sudden and unexpected event or circumstance which has caused or reasonably threatens to cause (i) serious bodily injury to any personnel employed at the Site or any other Persons at or in the vicinity of the Site; (ii) serious physical damage to the Facility or other material or property located at or in the vicinity of the Site; (iii) a work stoppage or other serious labour disturbance at the Site; (iv) imposition of fines or other penalties or sanctions under any Applicable Law, which fines, penalties or sanctions would be likely to affect seriously the ability of Owner or the Contractor to perform any of its or their obligations under this Contract; or (v) an occurrence of any accident materially impacting on the environment. 1.23 “Facility” or “Facilities” means entire residential and non-residential area available for Facility Management in OTPC Township, Khilpara. 1.24 "Force Majeure" shall have the meaning ascribed to it in Clause 19.1. Contract for Facility Management Service Page 6 OTPC TOWNSHIP, KHILPARA, GOMATI DISTRICT, TRIPURA
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Cost of Completion means, collectively, Direct Costs and Indirect Costs. ​
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Related to Cost of Completion

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Morley Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

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

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

  • 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;

  • Cost of the Project means and embraces the cost of construction; the cost of all

  • Date of Completion with respect to a Project shall mean: (i) the date upon which such Project and all components thereof have been acquired or constructed and are capable of performing the functions for which they were intended, as evidenced by an Engineers’ Certificate filed with the Trustee and the Issuer; or (ii) the date on which the Issuer determines, upon the recommendation of or in consultation with the Consulting Engineer, that it cannot complete such Project in a sound and economical manner within a reasonable period of time as evidenced by an Engineers’ Certificate filed with the Trustee and the Issuer; provided that in each case such certificate of the Consulting Engineer shall set forth the amount of all Costs of such Project which have theretofore been incurred, but which on the Date of Completion is or will be unpaid or unreimbursed.

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

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • Cost of the Work means costs necessarily incurred by the Construction Manager in the proper performance of the Work. Such costs shall be at rates not higher than those customarily paid at the place of the Project except with prior consent of the Owner. The Cost of the Work shall include only the items set forth in this Article 6.

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

  • Tests after Completion means the tests (if any) which are specified in the Contract and which are carried out in accordance with the Specification after the Works or a Section (as the case may be) are taken over by the Procuring Entity.

  • Time of Completion means the time for completing the execution of and passing the Tests on Completion of the Works of any section or part thereof as stated in the Contract (or as extended under Clause...) calculated from the Commencement Date

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

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

  • Notice of Completion means a document issued by the Department or Delegated Agency at the end of project construction when all items and conditions of the approved Sediment and Stormwater Management Plan have been satisfied, post construction verification documents demonstrate that the stormwater management systems have been constructed in accordance with the approved Sediment and Stormwater Management Plan, and final stabilization of disturbed areas on the site has been achieved.

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • Completion Rate means the percentage of an apprenticeship cohort who receives a certificate of apprenticeship completion within 1 year of the projected completion date. An apprenticeship cohort is the group of individual apprentices registered to a specific program during a 1 year time frame, except that a cohort does not include the apprentices whose apprenticeship agreement has been cancelled during the probationary period or who have transferred.

  • Phase 1 means the first implementation phase of this section, beginning June 1, 2018 and ending May 31, 2022.

  • Study Completion means the database for the Study has been locked and all Essential Documents have been provided to the Sponsor, including a copy of the letter from the Reviewing HREC acknowledging receipt of the final report and/or closure letter from the Principal Investigator.

  • Mechanical Completion means that (a) all components and systems of the Project have been properly constructed, installed and functionally tested according to EPC Contract requirements in a safe and prudent manner that does not void any equipment or system warranties or violate any permits, approvals or Laws; (b) the Project is ready for testing and commissioning, as applicable; (c) Seller has provided written acceptance to the EPC Contractor of mechanical completion as that term is specifically defined in the EPC Contract.

  • Subprojects means more than one such Subproject.

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

  • Subproject means a development activity proposed by a Beneficiary under Part A.2 (d) of the Project and financed or to be financed through a Subproject Grant (as hereinafter defined) made out of the proceeds of the Development Credit;

  • Virtual Completion means the premise is in the opinion of the Employer fit for occupation.

  • Test on Completion means such tests as prescribed in the Contract to be performed by the Contractor before the work is Taken Over by TSECL.