Full Notice to Proceed definition

Full Notice to Proceed means that all material third party contractors have been given the notice to proceed with construction by the Capacity Market Seller or its agent, with a guaranteed completion date backed by liquidated damages.

Full Notice to Proceed means a notice signed by a duly authorized representative of Owner to Contractor authorizing Contractor to commence and complete all Work under this Agreement.

Full Notice to Proceed has the meaning set forth in Section 24.3(a)(iii). “Fundamental Buyer Representations” has the meaning set forth in Section 24.3(a)(iii). “Fundamental Seller Representations” has the meaning set forth in Section 24.3(a)(i).

Examples of Full Notice to Proceed in a sentence

• A procedure for good faith resolution at the project level shall be established after the Full Notice to Proceed is issued and will include at least one level of resolution among senior corporate officers of the parties.

• The Contract Price is not subject to escalation unless (i) the Full Notice to Proceed Effective Date is after the date set forth in Exhibit A, or (ii) there is an increase in the price resulting from a adverse major national or international Force Majeure event of any Equipment or materials, such as rental equipment, structural steel, rebar or concrete, or Subcontractor prices, after the Contract Price has been determined.

• In the event the Full Notice to Proceed Effective Date is after such date, or in the event of any price change due to such national or international Force Majeure event, then the Contract Price, Project Schedule and Guaranteed Completion Date shall be subject to adjustment as determined by Contractor.

• Full Notice to Proceed (FNTP) is expected on or about 1 July 2006.

• The Parties acknowledge that the Full Notice to Proceed will not be issued unless and until the COL is received.

More Definitions of Full Notice to Proceed

Full Notice to Proceed. (FNTP) shall have the meaning set forth in Section 5.1.2. LIMA/GEC/EPC 3 Confidential Business Information

Full Notice to Proceed means a notice to be delivered by Owner to Contractor that Contractor may commence the performance of all of the Work, in the form provided in Appendix JJ.

Full Notice to Proceed with respect to Xxxx 0 or the Unit 5 Scrubber shall mean the written notice that Owner gives to Contractor fully authorizing Contractor to proceed with the respective Work for Xxxx 0 or the Unit 5 Scrubber.

Full Notice to Proceed has the meaning set forth in Section 3.3(a).

Full Notice to Proceed means a written notice from Owner to proceed with the Work under this Agreement.

Full Notice to Proceed means authorization from Owner to proceed with the Work under this Agreement.

Full Notice to Proceed means the Notice described in Section 2.1.2, the form of which is set forth in Appendix I-1.