Economic Completion Date definition

Economic Completion Date has the meaning set forth in the Credit Agreement.
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Economic Completion Date means the date on which Economic Completion occurs.
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Economic Completion Date means the first Business Day immediately following the day on which the Agent shall have received:
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Examples of Economic Completion Date in a sentence

  • With respect to all Pledged Collateral, on the later to occur of the Economic Completion Date and the Goshute Challenge Resolution Date, the security interest granted herein and any Liens granted by the Pledgor in favor of the Collateral Agent shall automatically terminate and be released without any further action.

  • Subject to the terms and conditions herein set forth, Advances will be made available from time to time by the Lender on such notice from the Borrower as shall be acceptable to the Lender, up to [the Final Economic Completion Date].

  • The Mechanical Completion Date shall not have occurred on or prior to 30 June, 2006 or the Economic Completion Date shall not have occurred on or prior to 31 December, 2007.

  • Subject to the terms and conditions herein set forth, Advances will be made available from time to time by the Lender on such notice from the Borrower as shall be acceptable to the Lender, up to the Final Economic Completion Date.

  • Each Obligor agrees with each Lender Party that, at all times on and after the Fort Knox Economic Completion Date until all Obligations haxx xeen paid and performed in full, such Obligor will perform its respective obligations set forth in this Section.

  • Each Obligor agrees with each Lender Party that, at all times on and after the Fort Xxxx Economic Completion Date (and, in the case of any agreement contained in Section ------- 7.2.16, at all times prior to the Fort Xxxx Economic Completion Date) until ------ all Obligations have been paid and performed in full, such Obligor will perform its respective obligations set forth in this Section.

  • The Guarantor recognises that it is a condition to the occurrence of Economic Completion that no Default shall then have occurred and be continuing and that, in particular, that it is required that the financial covenants contained in Clause 9 of the Loan Agreement shall be shown to be complied with (at all relevant times) as at the Economic Completion Date.

  • On or prior to the Mechanical Completion Date, there shall be deposited into the Debt Service Reserve Account from the Proceeds Account an amount equal to fifty percent (50%) of the Debt Service Reserve Requirement calculated at the Anticipated Economic Completion Date.

  • The Company shall be deemed to repeat, and shall ensure that each of the representations and warranties set out in Clause 6 is true, upon the delivery of each Note Purchase Request, each Note Purchase Date, the Economic Completion Date, the Mechanical Completion Date, each date on which the Conversion Right is exercised and implemented and each Interest Payment Date, as if made by reference to the existing circumstances.

  • On and after the Economic Completion Date, the Borrower shall maintain an operating reserve in the Operating Reserve Account equal to the Operating Reserve Requirement, which Operating Reserve Requirement will be funded and refunded in accordance with Section 14.04(c) and the Cash Flow Waterfall.


More Definitions of Economic Completion Date

Economic Completion Date means the first Business Day immediately following the day on which Economic Completion shall have occurred, no Default shall have occurred, the initial Development Plan shall have become effective in accordance with Clause 2 and the Facility Agent shall have received:
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Economic Completion Date means the first Business Day immediately following the day on which the Technical Agent shall have received:
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Related to Economic Completion Date

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

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

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

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

  • 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;

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

  • 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;

  • COMPLETION TIME means the period by ‘date/month’ specified in the ‘Letter of Intent/Award’ or date mutually agreed upon for handing over of the intended scope of work, the erected equipment/plant which are found acceptable by the Engineer, being of required standard and conforming to the specifications of the Contract.

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • 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.

  • Outside Completion Date shall have the meaning assigned to such term in Section 6.3(d).

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • 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:

  • Practical Completion means the completion of the Project where the building is fit for occupancy and/or purpose.

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

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

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

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.

  • Guaranteed Substantial Completion Date or “Guaranteed Substantial Completion Dates” has the meaning set forth in Section 5.3B.

  • 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.

  • Successful Completion means that in the reasonable opinion of the Customer, Deliverables completed by the Supplier are fit for purpose, completed on time and otherwise meet all the criteria defined under this Contract;

  • Project Implementation Unit or “PIU” means the unit referred to in Section I.A.1 of Schedule 2 to this Agreement.

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;

  • Adjusted Total turnover means the turnover in a State or a Union territory, as defined under sub-section (112) of section 2, excluding the value of exempt supplies other than zero-rated supplies, during the relevant period;