LNTP Date definition

LNTP Date means the date on which Owner issues the Essential Team LNTP or the Ramp-Up LNTP.
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LNTP Date means the date of the Limited Notice to Proceed issued by the Owner under Article 4.1 (LNTP Works); "LNTP Topsides Works" shall have the meaning given to it in Article 4.2 (LNTP Works); "LNTP Works" shall have the meaning given to it in Article 4.2 (LNTP Works); "Localisation Plan" means the plan which shall be developed by the Lessee in accordance with the principles set out in Appendix 20 (Localisation Plan Principles) "Manuals and Protocols" means the Commissioning Protocol and Performance Test Protocol, in each case as developed by the Owner and the Lessee and provided to the Contractor pursuant to Article 20.4 (Manuals and Protocols); "Mechanical Completion" means that the Works and Sub-Contract Works are mechanically, electrically and structurally installed on the Vessel by the Contractor in accordance with the requirements of this Agreement and each sub-system thereof is mechanically, electrically and functionally complete and ready for Pre-Sailaway Commissioning; "Mechanical Completion Certificate" means a certificate in the form set out in Appendix 10 (Forms); "Milestone Achievement Certificate" shall have the meaning prescribed in the GIMI Topsides Agreement; 10 "Minimum Performance" means when the Equipment has achieved, in the aggregate (and, for the avoidance of doubt, not on an individual train basis), an average LNG output of at least [*****] of the Guaranteed LNG Output over a period of [*****] consecutive hours; "OFE" means all the equipment and other supplies specified in Appendix 4 (OFE And Owner Engineering Deliverables Ros Dates) to be furnished by the Owner to the Contractor in accordance with this Agreement; "Original Contract" shall have the meaning given to it in the Recitals to this Agreement; "Other FM Event" shall have the meaning given in Article 31.1 (Force Majeure); "Other FM Event Start Date" shall have the meaning given in Article 31.1 (Force Majeure); "Outstanding Works" shall have the meaning given in Article 18.2 (Mechanical Completion); "Owner Background Intellectual Property" means the pre-existing Intellectual Property Rights of the Owner and original drawings, specifications, reports, and other engineering documents which the Owner prepares and delivers pursuant to this Agreement and any Intellectual Property Rights of the Owner developed, used or modified by the Owner in the performance of its obligations in this Agreement; "Owner Guarantor" means Golar LNG Limited and any other shareholder (directly or indirectly h...
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LNTP Date means the date on which Owner issues the Ramp-Up LNTP or, if issued the February 2023 LNTP, as the context requires.
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Examples of LNTP Date in a sentence

  • The Owner shall, promptly following the LNTP Date or the Commencement Date (where no Owner's Limited Notice to Proceed is issued), appoint at its own cost and expense, to the extent required by Prudent Engineering and Construction Practice, a properly qualified, competent and experienced representative who shall be duly authorized for and on behalf of the Owner (the "Owner's Representative",which person may be replaced by written notice to the Contractor from time to time) to supervise the Works.

  • Owner shall designate the Site as a Foreign-Trade Zone, and shall similarly designate the off-Site laydown area located in Jefferson County, Texas, if any, identified by Contractor as of the Bridging LNTP Date, as part of the Foreign-Trade Zone.

  • Notwithstanding [***], or the provisions of Section 18.2.5, in no event will Contractor be entitled to any relief hereunder for any Claim Submission Event, or any other act or omission for which Contractor would otherwise be entitled to a Change Order hereunder, which occurs prior to the earlier to occur of the Bridging LNTP Date, the Non-Bridging LNTP Date or the FNTP Date, if this Agreement is terminated for any reason prior to such date.


More Definitions of LNTP Date

LNTP Date means the date of the Limited Notice to Proceed issued by the Owner under Article 4.1 (LNTP Works);
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LNTP Date means the date of the LNTP, if any, issued by the Owner.
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