Examples of Guaranteed Provisional Acceptance Date in a sentence
Contractor shall provide all such Instruction Manuals relevant to the Project not later than six (6) months prior to the Guaranteed Provisional Acceptance Date.
Owner shall arrange for the Fuel Supplier's natural gas pipeline system to be made available for interconnection with the Facility at the interconnection point identified in Appendix A hereto, with such facilities to be scheduled to be so available for such interconnection twenty-one (21) weeks prior to the Guaranteed Provisional Acceptance Date (provided that Contractor has made the Facility available as reasonably required to permit such interconnection to be made).
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.
Owner and Contractor hereby acknowledge and agree that the terms, conditions and amounts fixed pursuant to Section 7.2 for Provisional Acceptance Late Completion Payments are reasonable, considering the reduction in value of the Project and the increased costs that it is anticipated Owner will incur in the event of Contractor's failure to achieve at least one of Provisional Acceptance, Interim Acceptance or Final Acceptance of the Facility by the Guaranteed Provisional Acceptance Date.
Owner shall arrange for the Utility's electrical interconnection facilities between the Electrical Interconnection Point and the Utility's transmission system to be constructed and made available for interconnection with the Facility at the Electrical Interconnection Point at least eight (8) months prior to the Guaranteed Provisional Acceptance Date (provided that Contractor has made the Facility available as reasonably required to permit such interconnection to have been made by such date).
If the Contractor anticipates that Provisional Acceptance will not be achieved by the Guaranteed Provisional Acceptance Date, the Contractor shall promptly provide notice of such anticipated delay to the Owner Lessor, together with a corrective action plan the Contractor intends to adopt in order to achieve Provisional Acceptance as soon after the Guaranteed Provisional Acceptance Date as commercially practicable.
Should Owner fail to obtain such permission, then by Change Order pursuant to Sections 19.7 and 19.13, and subject to Section 19.16, the milestone identified in Exhibit 15 as “Ready for Flue Gas to Scrubber” and the Guaranteed Provisional Acceptance Date for such System shall each be extended day-for-day for each day of delay in obtaining such permission.
Owner and Contractor hereby acknowledge and agree that the terms, conditions and amounts fixed pursuant to Section 7.2 for Provisional Acceptance Late Completion Payments are reasonable, considering the reduction in value of the Project and the increased costs that it is anticipated Owner will incur in the event of Contractor's failure to achieve at least one of Provisional Acceptance or Final Acceptance of the Facility by the Guaranteed Provisional Acceptance Date.
Nothing contained in this Article shall relieve Contractor of its obligation to pay Schedule Liquidated Damages in the event that Provisional Acceptance is not achieved by the Guaranteed Provisional Acceptance Date.
The Parties agree that the terms, conditions and amounts fixed as liquidated damages pursuant to Section 8.2.3 for Late Provisional Acceptance Payments are reasonable, considering the actual losses that Owner will incur if Contractor fails to achieve Provisional Acceptance of a System by the Guaranteed Provisional Acceptance Date for such System.