Guaranteed Final Acceptance Date definition

Guaranteed Final Acceptance Date means twelve (12) months after the Guaranteed Provisional Acceptance Date, unless on or before the end of such twelve (12) month period (i) the Facility has achieved Interim Acceptance or (ii) the Facility has achieved Provisional Acceptance and Contractor shall have submitted a Plan to Owner and the Independent Engineer that demonstrates to the reasonable satisfaction of Owner and the Independent Engineer that Contractor will achieve Interim Acceptance of the Facility on or before the date that is twenty-four (24) months after the Guaranteed Provisional Acceptance Date, in either of which cases the Guaranteed Final Acceptance Date shall be twenty-four (24) months after the Guaranteed Provisional Acceptance Date, and in any case which date is subject to adjustment as expressly provided in this Agreement.
Sample 1Sample 2Sample 3
Guaranteed Final Acceptance Date has the meaning set forth in Section 6.7.3 hereof. “Guaranteed Substantial Completion Date” means the date on which Substantial Completion shall occur, which date shall be no later than twenty-nine (29) calendar months after the Commencement Date, as the same may be adjusted from time to time pursuant to the terms of this Agreement.
Sample 1Sample 2
Guaranteed Final Acceptance Date means thirteen (13) months after the Guaranteed Provisional Acceptance Date.
Sample 1

Examples of Guaranteed Final Acceptance Date in a sentence

  • Contractor guarantees that (i) at least one of Provisional Acceptance, Interim Acceptance or Final Acceptance of the Facility shall be achieved on or before the Guaranteed Provisional Acceptance Date; and (ii) Final Acceptance of the Facility shall be achieved on or before the Guaranteed Final Acceptance Date.

  • Subject only to the adjustments permitted in accordance with this Agreement, Contractor guarantees that Substantial Completion will be achieved on or before the Guaranteed Substantial Completion Date and that Final Acceptance will be achieved on or before the Guaranteed Final Acceptance Date.

  • Late Completion Payments shall be paid by Contractor or withheld by Concessionaire, as applicable, in arrears at the payment intervals applicable to Scheduled Payments beginning after the Guaranteed Substantial Completion Date or the Guaranteed Final Acceptance Date, as applicable, with the last such payment to occur on the date on which Substantial Completion or Final Acceptance, as applicable, actually occurs.

  • All changes to the Guaranteed Substantial Completion Date, the Guaranteed Final Acceptance Date or the Long Stop Date and conforming changes to the Project Schedule shall be reflected in a Scope Change Order entered into pursuant to Section 12.1.

  • In addition, during the DB Work Period, extensions of milestones and/or activities identified on the Project Schedule for CA Delay Events affecting the DB Work will be made based on Time Impact Analysis, using the then current Project Schedule and taking into account impacts of the CA Delay Events on Critical Path items, in accordance with the Technical Requirements, and will extend the Guaranteed Substantial Completion Date, the Guaranteed Final Acceptance Date and the Long Stop Date.

  • The items on Concessionaire’s Punch List shall be completed by Contractor within sixty (60) days after the Guaranteed Final Acceptance Date, and Concessionaire may draw on the Letter of Credit and use the proceeds of such drawing to provide for the prompt completion of the items remaining on Concessionaire’s Punch List after such sixty (60)-day period.

  • Concessionaire may withhold from the Final Payment the sum of (x) one hundred fifty percent (150%) of the amount reasonably estimated by Concessionaire to cover the costs of causing the DB Project to reach Final Acceptance if not achieved by the Guaranteed Final Acceptance Date, plus (y) the unpaid amount of all Subcontracts for which a final release and waiver has not been obtained or for which Contractor has not provided a satisfactory payment bond to protect the Project and Concessionaire.

  • Utilizing the critical path method, Contractor shall be aware of factors that are delaying or that could delay the Work beyond the Guaranteed Commercial Delivery of Power Date or the Guaranteed Final Acceptance Date (as applicable)and shall take remedial actions reasonably within its control to eliminate or minimize schedule delays including, without limitation, over‑time for the employees of Contractor and Subcontractors and the assignment of additional personnel and/or other resources.

  • Contractor guarantees that: (i) the earlier to occur of Provisional Acceptance and Final Acceptance of the Facility shall be achieved on or before the Guaranteed Provisional Acceptance Date; and (ii) Final Acceptance of the Facility shall be achieved on or before the Guaranteed Final Acceptance Date.

  • The revised PPS shall meet all requirements specified in this Article VI; provided, however, that any such revision shall not substantially delay the progress rate, or at all delay achievement of the Guaranteed Substantial Completion Date or the Guaranteed Final Acceptance Date for the Garage Improvements, or change the Available Funds allocated to any previously scheduled activity without the express written consent of CTDOT.


More Definitions of Guaranteed Final Acceptance Date

Guaranteed Final Acceptance Date means the later of (i) November 5, 2022, as such date may be adjusted only as expressly permitted under this Agreement, and (ii) the date that is three (3) months after the Substantial Completion Date. Guaranteed Substantial Completion Date means July 8, 2022, as such date may be adjusted only as expressly permitted under this Agreement.
Sample 1
Guaranteed Final Acceptance Date in Section 1.1 of the Agreement shall be amended and revised so as to be deleted in its entirety and replaced by the following definition: ""GUARANTEED FINAL ACCEPTANCE DATE" means thirteen (13) months and fourteen (14) days after the Guaranteed Provisional Acceptance Date"; and
Sample 1
Guaranteed Final Acceptance Date means, for each Production Line, thirty (30) days after the date specified in the Milestone Schedule for Final Acceptance of such Production Line, as such date may be extended by a Change Order pursuant to Article 5.
Sample 1
Guaranteed Final Acceptance Date means [____________], 2019.
Sample 1

Related to Guaranteed Final Acceptance Date

  • Final Acceptance Date means, in respect of any Offer, the final date for acceptance of such Offer which, if such Offer is extended prior to becoming unconditional, shall be the final date for acceptance of the extended Offer (but, if such Offer is or becomes unconditional, disregarding any additional or further period during which such Offer is open for acceptance);

  • Final Acceptance means final written acceptance of all the Work by the Commissioner, a copy of which shall be sent to the Contractor.

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

  • Guaranteed Commercial Operation Date has the meaning set forth in Section 3.9(c)(i).

  • Acceptance Date has the meaning set forth in Section 2.05(a)(v)(D)(2).

  • Conditional Acceptance means a conditional acceptance by the Liquidity Provider of an extension of the Scheduled Termination Date.

  • Operational Acceptance Tests means the tests specified in the Technical Requirements and Agreed Project Plan to be carried out to ascertain whether the System, or a specified Sub system, is able to attain the functional and performance requirements specified in the Technical Requirements and Agreed Project Plan, in accordance with the provisions of GCC Clause 27.2 (Operational Acceptance Test).

  • Final Acceptance Certificate means the certificate that shall be issued by the Engineer to the Contractor upon the satisfactory completion of the contract by the Contractor.

  • Operational Acceptance means the acceptance by the Procuring Entity of the Facilities (or any part of the Facilities where the Contract provides for acceptance of the Facilities in parts), which certifies the Contractor's fulfillment of the Contract in respect of Functional Guarantees of the Facilities (or the relevant part thereof) in accordance with the provisions of GCC Clause 28 (Functional Guarantees) hereof and shall include deemed acceptance in accordance with GCC Clause 25 (Commissioning and Operational Acceptance) hereof.

  • Additional Accelerated Purchase Minimum Price Threshold means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, any minimum per share price threshold set forth in the applicable Additional Accelerated Purchase Notice.

  • Annual Specified Amount means $400,000 escalated on each Anniversary Date by the percentage by which the CPI last published prior to such Anniversary Date has increased over the CPI last published prior to the grant of the Burswood Casino Licence.

  • Additional Accelerated Purchase Date means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, the Business Day (i) that is the Accelerated Purchase Date with respect to the corresponding Accelerated Purchase referred to in clause (i) of the proviso in the second sentence of Section 2(c) hereof and (ii) on which the Investor receives, prior to 1:00 p.m., Eastern time, on such Business Day, a valid Additional Accelerated Purchase Notice for such Additional Accelerated Purchase in accordance with this Agreement.

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.

  • Additional Accelerated Purchase Share Volume Maximum means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, a number of shares of Common Stock equal to (i) the applicable Additional Accelerated Purchase Share Amount properly directed by the Company to be purchased by the Investor in the applicable Additional Accelerated Purchase Notice for such Additional Accelerated Purchase, divided by (ii) the Additional Accelerated Purchase Share Percentage (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Guaranteed Amounts means the amounts due from time to time from the Issuer to (i) the Covered Bondholders with respect to each Series of Covered Bonds (excluding any additional amounts payable to the Covered Bondholders under Condition 9(a) (Gross-up by the Issuer)) and (ii) the Other Issuer Creditors pursuant to the relevant Transaction Documents.

  • Discounted Prepayment Effective Date means in the case of a Borrower Offer of Specified Discount Prepayment or Borrower Solicitation of Discount Range Prepayment Offer, five (5) Business Days following the receipt by each relevant Term Lender of notice from the Auction Agent in accordance with Section 2.11(a)(ii)(B), Section 2.11(a)(ii)(C) or Section 2.11(a)(ii)(D), as applicable unless a shorter period is agreed to between the Borrower and the Auction Agent.

  • Additional Accelerated Purchase Share Amount means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, the number of Purchase Shares directed by the Company to be purchased by the Investor on an Additional Accelerated Purchase Notice, which number of Purchase Shares shall not exceed the lesser of (i) 300% of the number of Purchase Shares directed by the Company to be purchased by the Investor pursuant to the corresponding Regular Purchase Notice for the corresponding Regular Purchase referred to in clause (i) of the second sentence of Section 2(c) hereof (subject to the Purchase Share limitations contained in Section 2(a) hereof) and (ii) an amount equal to (A) the Additional Accelerated Purchase Share Percentage multiplied by (B) the total number (or volume) of shares of Common Stock traded on the Principal Market during the period on the applicable Additional Accelerated Purchase Date beginning at the Additional Accelerated Purchase Commencement Time for such Additional Accelerated Purchase and ending at the Additional Accelerated Purchase Termination Time for such Additional Accelerated Purchase.

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • Guaranteed Amount means the aggregate amount of each Guaranteed Debt that is guaranteed at any time by Partner Guarantors.

  • Guaranteed Advance Payment Sum means: The maximum amount of R .........................................................................

  • LCA Test Date has the meaning specified in Section 1.03(e).

  • Guaranteed Construction Start Date means the Expected Construction Start Date, as such date may be extended by the Development Cure Period.

  • First Extension Period means the period of one (1) Contract Year commencing immediately after the conclusion of the Initial Exploration Period.

  • Maximum Guaranteed Amount means as of the date of determination with respect to a Guarantor, the lesser of (a) the amount of the Guaranteed Obligations outstanding on such date and (b) the maximum amount that would not render such Guarantor’s liability under this Guaranty Agreement subject to avoidance under Section 548 of the United States Bankruptcy Code (or any successor provision) or any comparable provision of applicable state law.

  • Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.