Phase 2 definition

Phase 2 means the phase of the ATP comprised of: (1) improvements to the State Street Substation to receive Rebuilt Line 972; (2) the rebuilding of NYSEG’s existing Line 972 not performed in Phase 1; (3) construction of Relocated Line 15; (4) the construction of Bused Line 5; (5) improvements to the Elbridge Substation to receive Relocated Line 15; and (6) improvements to the Elbridge Substation to receive Bused Line 5.

Phase 2 means the second implementation phase of this section, beginning June 1, 2022 and continuing thereafter.

Phase 2 means a human clinical trial of a Licensed Compound or Licensed Product, the principal purpose of which is a determination of safety and efficacy in the target patient population, which is prospectively designed to generate sufficient data that may permit commencement of pivotal clinical trials, or a similar clinical study prescribed by the Regulatory Authorities, from time to time, pursuant to Applicable Law or otherwise, including the trials referred to in 21 C.F.R. §312.21(b), as amended.

Examples of Phase 2 in a sentence

• The term of this Agreement will be from the Effective Date until the earlier of (i) termination in accordance with the terms and conditions contained herein, and (ii) Final Completion of Phase 2.

• At the Phase 1 Closing (and the Phase 2 Closing, as applicable), City shall convey to Developer fee simple title to the Phase 1 Residential Site (and the Phase 2 Residential Site) and a leasehold interest in the Leased Site, “AS IS, WHERE IS, WITH ALL FAULTS” and subject to the Permitted Exceptions.

• If an Event of Default by Developer with respect to its Phase 2 obligations occurs prior to the Phase 2 Closing, City shall have, as its sole and exclusive remedy, the right to terminate Developer’s rights with respect to the Phase 2 development.

• The Phase 2 Access Easement shall be in substantially in the form attached hereto as Exhibit H and executed and delivered by City at the Phase 1 Closing.

• At each Closing, the Phase 1 or Phase 2 Leased Site shall be leased to Developer pursuant to separate unsubordinated, “triple net” ground leases as set forth below.

More Definitions of Phase 2

Phase 2 means the time period beginning the date a Facility is turned over to Owner and ending on the date of Substantial Completion of Subproject 1.

Phase 2 means the period commencing on the day after the Phase 1 implementation date and ending on the Phase 2 implementation date (as defined below); and

Phase 2 means Phase 2A and Phase 2B;

Phase 2 means a controlled human clinical trial of a compound or product that would satisfy the requirements of 21 CFR 312.21(b) or its foreign equivalents.

Phase 2 means all elements of the Development relating to the Island Site, proposed Class A1 (retail use), Class C3 (residential use) and Class D1 (community use); “Occupation of Phase 1” means ‘residential occupation’;

Phase 2 means a research contract to deliver the full CRACK IT Challenge;

Phase 2 means the second phase of the Corporation’s Christina Lake Project which commenced production in 2009 with an initial bitumen production design capacity of approximately 22,000 bbls/d which utilized existing central processing facilities associated with Phase 1, and primarily expanded well pad drilling and tie-ins to increase production.