Date of Beneficial Occupancy definition

Date of Beneficial Occupancy means the date when a project or a phased element of a project has been completed and the Director determines that it is available for use by Air Carriers.
Date of Beneficial Occupancy means, with regard to any terminal facility, the date on which an air transportation company occupies such facility for the operation of its Air Transportation business.
Date of Beneficial Occupancy or “DBO” shall mean (i) with respect to any Partial Occupancy Portion or Installation Portion, the effective date of the applicable “Temporary Certificate of Authorization to Occupy or Useissued by the Port Authority with respect to such Partial Occupancy Portion or Installation Portion, and (ii) with respect to the entirety of the New Terminal Facilities and the Off-Premises Facilities, the Completion Date.

Examples of Date of Beneficial Occupancy in a sentence

  • The following insurance coverage and minimum limits are required during the design and construct phase of the Contract and ending upon Date of Beneficial Occupancy.

  • The capital costs (including capitalized interest) of any Capital Improvement project subject to this Article shall not be included in the Airline Rate Bases until its Date of Beneficial Occupancy.

  • Tenant must begin conducting its Concession operations in each Retail Space on the Date of Beneficial Occupancy applicable to that Retail Space and continue them uninterrupted after that date during all required hours of operation.

  • Beginning as of the first Date of Beneficial Occupancy of a Retail Space, an amount equal to the greater of a.

  • If the coverage is written on a claims-made basis, the Contractor warrants that any retroactive date applicable to coverage under the policy precedes the effective date of this Contract and that continuous coverage shall be maintained or an extended reporting period will be exercised for a period of not less than two years from Date of Beneficial Occupancy.


More Definitions of Date of Beneficial Occupancy

Date of Beneficial Occupancy has the meaning set forth in Section 3.01.
Date of Beneficial Occupancy or “DBO” shall mean the date when a project or phased component of a project has been completed and the CEO determines that it is available for use.
Date of Beneficial Occupancy or “DBO” means, as to each Retail Space, the later to occur of:
Date of Beneficial Occupancy shall have the meaning given such term in Section 4.5 hereof.
Date of Beneficial Occupancy or “DBO” means the earlier of (a) the date on which the Commission certifies that a portion of the Premises or a Capital Project, as applicable, are available for beneficial use or (b) the date on which beneficial use is first made of such portion of the Premises or such Capital Project, as applicable; provided, however, that with respect to land and other non-depreciable assets, the date on which beneficial occupancy occurs is the date of the closing.
Date of Beneficial Occupancy or “DBO” shall mean: (1) that date upon which CONTRACTOR completes improvements and/or installations and commences operations, or (2) ninety (90) days from the commencement of work, whichever comes first.
Date of Beneficial Occupancy or “DBO” means the earlier of: (i) the date on which at least two (2) WCN service providers first use the WCAS (or any portion thereof) at either Airport to provide Communication Services to the public or (ii) the date ten (10) days after the date on which Acceptance is first achieved.