Defined Tasks definition
Examples of Defined Tasks in a sentence
If, for reasons other than an event of Force Majeure, Seller fails to achieve any of the Defined Tasks by the applicable schedule date, Seller shall submit to NorthWestern, within 10 Business Days of such missed Defined Task scheduled date, a remedial action plan (“Remedial Action Plan”) that sets forth a detailed description of Seller’s proposed course of action to promptly achieve the missed Defined Task and all subsequent Defined Tasks by the Guaranteed Commercial Operation Date.
Seller’s failure to accomplish any Defined Tasks by the applicable scheduled dates will not constitute a Seller Event of Default if Seller complies with the requirements of the Remedial Action Plan and achieves Commercial Operation by the Guaranteed Commercial Operation Date.
Seller shall provide NorthWestern with monthly reports describing its progress toward completion of the described Defined Tasks and completion of the Facility.
Seller shall proceed with development of the Facility in accordance with the schedule set forth above for the completion of the Defined Tasks.
Seller acknowledges and agrees that it is the intent of the Defined Tasks to ensure that the Facility begins delivery of Energy to NorthWestern by the Guaranteed Commercial Operation Date.