Examples of Phase 2 in a sentence
Prior to the issuance of the Occupation Permit and execution of the Sub-Deed in respect of Phase 2, the Management Expenses shall only cover Phase 1 and the Manager’s Fee shall be calculated accordingly and paid only by the Owners of Phase 1.
All consents, way leaves and other intellectual property rights developed as a result of NGG undertaking the Phase 2 PARCA Works shall remain the exclusive property of NGG.
The Phase 1 Commercial Development (Right of Way) for Phase 1 and Phase 2 Area forms part of the Phase 1 Commercial Development.
Where NGG expects that completion of any Schedule of the Phase 2 PARCA Works will not take place in accordance with the indicative timetable in the Phase 1 PARCA Works Report (or such other timetable agreed with the Reservation Party) NGG shall inform the Reservation Party as soon as reasonably practicable.
NGG shall not be liable to the Reservation Party for any delay in completion of any Schedule of the Phase 2 PARCA Works.