Phase II Completion Date as defined in the Disbursement Agreement.
Phase II Completion Date means the date on which the Construction Supervisor issues a written notice (the "Phase II Completion Notice") to TEC certifying that for a period of at least 72 uninterrupted hours, TransContinental's refinery has sustained (i) an average feedstock throughput level of at least 180,000 barrels per day and (ii) average production yields (measured as the liquid volume percent of feedstock throughput) of refined products with a specific gravity of gasoline or lighter of at least 40% and of middle distillates or lighter of at least 60%, when using a combined Crude Unit feedstock slate with an average API Gravity of 22 degrees or less.
Phase II Completion Date is hereby amended to read as follows:
Examples of Phase II Completion Date in a sentence
Such early entry will be at Tenant’s sole risk and subject to all the terms and provisions of this Lease as though the Initial Fixed Term Commencement Date or the Phase II Completion Date had occurred, except for the payment of Rent, which will commence on the Initial Fixed Term Commencement Date and the Phase II Completion Date, respectively, and except that Tenant shall be responsible for all utility services required in connection with Tenant’s early entry rights.
Landlord shall deliver the Leased Property with Phase II completed to Tenant, and Tenant shall accept delivery of the Leased Property with Phase II completed from Landlord, on the Phase II Completion Date (“Phase II Delivery Date”).
More Definitions of Phase II Completion Date
Phase II Completion Date means the date on which Bakex & X'Brxxx, Xxc., as construction supervisor, issues a written notice (the "Phase II Completion Notice") to TARC certifying that (a) the process units and supporting facilities included in the definition of "Phase II" have reached mechanical completion, and (b) for a period of at least 72 uninterrupted hours, the TARC Refinery has sustained (i) the successful performance of all of the Phase I facilities plus the Fluid Catalytic Cracking (FCC) Unit, the FCC Flue Gas Scrubber and the Alkylation Unit, (ii)an average feedstock throughput level of at least 180,000 barrels per day, and (iii) average production yields (measured as the liquid volume percent of feedstock throughput) of refined products with a specific gravity of gasoline or lighter of at least 40% and of middle distillates or lighter of at least 70%, when using as input a combined Crude Unit feedstock slate with an average API Gravity of 22 degrees or less.
Phase II Completion Date shall have the meaning set forth in Section 9.3(a).
Phase II Completion Date means the date of the first commercial production of iron ore flux pellets by the Pellet Plant for sale.
Phase II Completion Date means the date on which the Construction Supervisor issues a written notice (the "Phase II Completion Notice") to the Borrower and the Disbursement Agent certifying that (a) the process units and supporting facilities included in the definition of "Phase II" have reached Mechanical Completion in accordance with the Plans, as defined in the Disbursement Agreement and (b) for a period of at least 72 uninterrupted hours, the Refinery has sustained (i) the successful performance of all of the Phase I facilities plus the Fluid Catalytic Cracking (FCC) Unit, the FCC Flue Gas Scrubber and the Alkylation Unit, (ii)an average feedstock throughput level of at least 180,000 barrels per day, and (iii) average production yields (measured as the liquid volume percent of feedstock throughput) of refined products with a specific gravity of gasoline or lighter of at least 40% and of middle distillates or lighter
Phase II Completion Date means sixty (60) days after the completion of statistical analyses of the final results of those Phase II clinical studies which BUKWANG or its sublicensee considers reasonably necessary for the purpose of inclusion in a New Drug Application, “NDA”, or other such application submitted to the regulatory authorities in a given country, requesting marketing approval for Licensed Product(s). As used in the preceding sentence, “Phase II clinical trials shall mean those well-controlled clinical trials sponsored by BUKWANG or its sublicensee, the primary objective of which (as reasonably determined by BUKWANG or its sublicensee) is to ascertain additional data regarding the safety Certain portions of this Exhibit have been omitted pursuant to a request for confidentiality. Such omitted portions, which are marked with brackets and asterisks [***], have been separately filed with the Commission. and tolerance of Licensed Product(s)and preliminary data regarding the efficacy of such Licensed Product(s).
Phase II Completion Date means sixty (60) days after the completion of statistical analyses of the final results of those Phase II clinical studies which Triangle considers reasonably necessary for purposes of inclusion in an NDA for a Licensed Product for HBV. As
Phase II Completion Date means the date by which GENENTECH, in its reasonable judgement, has clinical trial data and other information sufficient to undertake a Phase III Trial in the USA.