Maximum Construction Period definition

Maximum Construction Period means the later of
Maximum Construction Period for a Development Project, including an Expansion Project, means the construction period indicate in the original projected construction schedule set forth in such Development Project's Construction Contract plus three (3) months.
Maximum Construction Period means construction has been on-going for not longer than the applicable period for the Facility model type as set forth in Section 7.2.2 hereof.

Examples of Maximum Construction Period in a sentence

  • The Construction Period shall be from the approval of ▇▇▇▇▇▇’s Production Plan by the Lessor until the Production Commencement Date, which shall not exceed the Maximum Construction Period.

  • If the Maximum Construction Period has expired, and the Lessee has not commenced Commercial Production of wind-generated electricity, this Lease shall terminate.


More Definitions of Maximum Construction Period

Maximum Construction Period means, with respect to an Undeveloped Site, the period commencing on the Document Closing Date and ending on the earliest of (i) October 7, 1998, (ii) the Completion Date of the Facility on such Undeveloped Site, and (iii) an early termination of the Construction Period as to such Undeveloped Site pursuant to Section 5.1 of the Construction Agency Agreement.
Maximum Construction Period means the maximum period from the beginning of Phase II that Lessee has to finish construction and/or installation of the Improvements, as more particularly described in Section 3.2 of this Lease.