FNTP Date definition

FNTP Date has the meaning set forth in Section 7.2(b).
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FNTP Date means the date, subject to Section 6.2.6, on which the Full Notice to Proceed as issued by Owner becomes effective in accordance with its terms, which effective date shall be set forth in the Full Notice to Proceed when issued by Owner and which date shall in any event shall not be any sooner than five (5) Business Days after the date on which Owner issues the Full Notice to Proceed.
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FNTP Date has the meaning set forth in Section 7.2(b). “FNTP Expiration Date” means [ ].
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Examples of FNTP Date in a sentence

  • In the event that Seller determines that the development, construction, financing, operation or maintenance of the Facility is not economically feasible at any time prior to the FNTP Date, Seller shall have the right to terminate this Agreement in its sole discretion, upon ninety (90) days prior written notice to Buyer of its intent to terminate, without liability.

  • Commencing with the first calendar month that begins after the FNTP Date and continuing thereafter until the Commercial Operation Date is achieved, Seller shall deliver to Buyer a monthly progress report by no later than the 10th Business Day of each calendar month.

  • From and after the FNTP Date, Seller shall use commercially reasonable efforts to cause the Commercial Operation Date to occur on or before the Guaranteed Commercial Operation Date.

  • Until the FNTP Date, Seller shall deliver to Buyer a quarterly progress report by no later than the 10th Business Day after the end of each calendar quarter.

  • The Parties acknowledge that until the FNTP Date, Seller shall have the right to complete its evaluation of the economic feasibility of the construction, financing, operation and maintenance of the Facility.

  • Notwithstanding anything set forth in this Agreement to the contrary, nothing expressly stated or implied in this Agreement or represented to Buyer shall require (or be construed as requiring) Seller to undertake the development, construction, financing, installation or operation of all or any portion of the Facility prior to the FNTP Date.


More Definitions of FNTP Date

FNTP Date has the meaning assigned to the term “Full Notice to Proceed Date” in the EPC Contract.
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FNTP Date means the date that a full notice to proceed is issued by Seller to the engineering, procurement and construction contractor for the Facility.
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FNTP Date means the date on which Seller has (a) delivered full notice to proceed (however defined or described) to the BOP/EPC Contractor under the BOP/EPC Contract and all conditions precedent to the effectiveness of such notice have been satisfied and (b) if the supply of modules for the Facility is not within the scope of the BOP/EPC Contractor’s obligations under the BOP/EPC Contract, delivered a purchase order or full notice to proceed (as applicable, and however defined or described) to the Module Supplier for all photovoltaic modules to be installed at the Facility and all conditions precedent to the effectiveness of such purchase order or notice, as applicable, have been satisfied.
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Related to FNTP Date

  • Longstop Date means the last day of the Longstop Period following the final day of the Target Commissioning Window, as such date may be extended day for day for each day of delay to the Project by reason of:

  • Drop Dead Date has the meaning set forth in Section 9.01(b)(i).

  • Step-Up Date The first Distribution Date following the first Distribution Date on which the aggregate unpaid principal balance of the Mortgage Loans, and properties acquired in respect thereof, remaining in the Trust Fund has been reduced to less than or equal to 10% of the Aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

  • Election Date has the meaning specified in Section 3.12(h).

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

  • Inception Date means in respect of a Fund, the first date on which the Fund issued shares.

  • Start-up Period means up to a maximum of 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age-range of the Academy will have some pupils present).

  • Cessation Date means the date of Participant’s Termination of Service (regardless of the reason for such termination).

  • Break Date means [Insert date or dates]1 [or any date falling after that date] [or the day before any Rent Day after that date] [or any [fifth] anniversary of that date] [as specified in the Tenant's formal notice given under Clause 7.1];]2

  • Formation Date has the meaning set forth in the Recitals hereof.

  • Interim Distribution Date means the date as soon as reasonably practicable after the Plan Implementation Date;