Cost of Completion definition

Cost of Completion shall have the meaning ascribed to it in Clause 32.6.1.
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 “Facility” or “Facilities” means entire Plant and Non-Plant area available for Horticulture and Landscaping Services in 2 x 363.3 MW ONGC Tripura Power Plant at Palatana including River Water Intake System area. 1.24 "Force Majeure" shall have the meaning ascribed to it in Clause 18.1.
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.

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 the Cost of Completion when added to the total amounts already paid to the Contract as at the date of termination exceeds the total amount which the Purchaser certifies would have been payable to the Sellers under the Contract on completion the Purchaser shall certify such excess and the Sellers shall upon demand pay to the Purchaser the amount of such excess.

  • If the Cost of Completion when added to the total amounts already paid to the Seller as at the date of termination exceeds the total amount which the Purchaser certifies would have been payable to the Sellers under the Contract on completion the Purchaser shall certify such excess and the Sellers shall upon demand pay to the Purchaser the amount of such excess.

  • If the Cost of Completion is in excess of the balance due to THE VENDOR, the excess shall be a debt immediately due from THE VENDOR to THE COUNTY.

  • Subdivider agrees to deliver a financial guarantee acceptable in form and substance to the County in an amount equal to the Estimated Cost of Completion listed below, as follows:Description of Improvement(s) Estimated Cost of Completion a) b) c)CHAPTER 364.

  • There have been no changes to the Estimated Cost of Completion since the approval of the project Detailed Plan by CITO on 12/08/2020.

  • 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 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.

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


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.
Cost of Completion means, collectively, Direct Costs and Indirect Costs. ​
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.

Related to Cost of Completion

  • Project Completion means the date, as determined by the Division after consultation with the Recipient, that operation of the Project is initiated or is capable of being initiated, whichever comes first.

  • 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;

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

  • 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 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;

  • 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).

  • Phase 1 means the phase of the ATP comprised of: (1) improvements to the State Street Substation; (2) construction of the Proposed Line; (3) the rebuilding of NYSEG’s existing Lines 971 and 000 xxxxx xx Xxxxxxxx Xxxx xx the NYSEG ROW to allow for construction of the Proposed Line as intended; (4) improvements to the Elbridge Substation to accept the Proposed Line; and (5) National Grid’s conveyance to NYSEG of the NYSEG Acquired ROW and such other land interests as contemplated by the Purchase and Sale Agreement.

  • 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.

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

  • Subproject means a specific project to be carried out by an existing BE utilizing the proceeds of a Sub-loan or Investment, as hereinafter defined, fulfilling the conditions set forth in Part A of Schedule 4 to this Agreement;

  • 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.

  • Improvement completion assurance means a surety bond, letter of credit,

  • Construction Work means any work in connection with⎯

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

  • Commissioning means the process for determining the need for and for obtaining the supply of healthcare and related services by the Trust within available resources.