Final Notice to Proceed definition

Final Notice to Proceed means a Receiving Party's written ----------------------- response to a Proposal, indicating the Receiving Party's willingness to continue to jointly proceed with and pursue the consummation of the transaction described in the Proposal and to pay or reimburse the Proposing Party for fifty percent (50%) of all costs incurred in such pursuit to the extent set forth in or contemplated by the Transaction Budget included in the Proposal.
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Final Notice to Proceed means the notice provided by Seller to the EPC Contractor following execution of the EPC Contract between Seller and such EPC Contractor, by which Seller authorizes such EPC Contractor to complete all work under the EPC Contract.
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Examples of Final Notice to Proceed in a sentence

  • The amended Energy Price shall be calculated based upon the Benchmark Bid Price set forth in Table A of Exhibit L for the calendar year in which the Initial Operation Date of the Generating Facility occurs, and such Benchmark Bid Price shall then be multiplied by the Energy Price Adjustment as provided in Section 3(d) of the Final Notice to Proceed for the Generating Facility, attached hereto as Exhibit B, subject to Sections 1.02(d) and 1.02(e).

  • Such Notice shall identify the Generating Facility and certify that the Nameplate Contract Capacity of such Generating Facility is as set forth in Section 2(c) of the Final Notice to Proceed for the Generating Facility, attached hereto as Exhibit B (or identify any deviations therefrom).

  • Seller shall promptly provide a revised Exhibit 1 to the Final Notice to Proceed for the Generating Facility, attached hereto as Exhibit B, describing any new Site in the event Seller requests SCE’s consent to change the Site location.

  • The Nameplate Contract Capacity as provided in Section 2(c) of the Final Notice to Proceed for the Generating Facility, attached hereto as Exhibit B.

  • The Expected Initial Operation Date shall be the Expected Initial Operation Date as provided in Section 2(d) of the Final Notice to Proceed for the Generating Facility, attached hereto as Exhibit B, as it may be extended pursuant to the terms of this Power Purchase Agreement.

  • The TCEQ may issue a Limited Notice to Proceed authorizing the commencement of Grant Activities, but will not authorize the payment reimbursement for Grant Activities until a Final Notice to Proceed is issued after certain deliverables are provided as detailed in the Scope of Work as Approval to Proceed with Further Tasks.

  • Such Owner's Final Notice to Proceed shall authorise the Contractor to perform the full scope of the Works, and direct the Contractor to authorise the Sub-Contractor to perform the full scope of the Sub-Contract Works (pursuant to Clause 4.1 of the GIMI Topsides Agreement).

  • The non-withdrawing party may continue to individually pursue the WVC Opportunity without participation by the other party, provided that none of the other terms and conditions of this Agreement are breached as a result of such pursuit by the non-withdrawing party, in which case the withdrawing party shall only be responsible for fifty percent (50%) of all costs, expenses, obligations, commitments and liabilities incurred from the date of the Final Notice to Proceed through the date of withdrawal.

  • In the event that the Contractor does not receive the Owner’s Final Notice to Proceed by 31 December 2019, this Agreement shall be automatically terminated for the Owner's convenience on 1 January 2020 pursuant to Article 34.1 (Termination for Convenience), unless the Owner, the Contractor and the Sub-Contractor (pursuant to Clause 4.9 of the GIMI Topsides Agreement) agree otherwise in writing.