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Practical Completion Tranche Grant definition

Practical Completion Tranche Grant means subject to Clause 5.4 (Firm Schemes) (and any variation required or agreed pursuant to the terms of this Agreement) an amount equivalent to such per centum of the Firm Scheme Grant as is approved by Homes England on IMS as payable on achievement of Practical Completion with respect to the relevant Firm Scheme;
Practical Completion Tranche Grant means subject to Clause 4.3 (Capital Firm Schemes) and Clause 5.3.1(c) (Changes to Capital Firm Schemes) an amount equivalent to five per centum (5%) of the Capital Firm Scheme Grant (or such other per centum as is approved by Homes England on IMS as payable following achievement of Practical Completion with respect to the relevant Capital Firm Scheme) together with that amount of the Acquisition Tranche Grant and the Start on Site Tranche Grant (if any) that has not been claimed prior to Practical Completion; Pre-Start Change means a change to a Capital Firm Scheme proposed by the Grant Recipient pursuant to Clause 5.1 (Changes to Capital Firm Schemes) prior to the payment of the Acquisition Tranche Grant; Process has the meaning ascribed to it in the Data Protection Legislation and Processing shall be construed accordingly;
Practical Completion Tranche Grant means either:

Examples of Practical Completion Tranche Grant in a sentence

  • If Homes England exercises its rights under Clause 22.1.2 (Adjustments to Practical Completion Tranche Grant), the Relevant Consortium Member must repay Homes England all sums due thereunder in accordance with the provisions of Clause 24.6 (Repayment of grant).

  • Firm Scheme having reached Practical Completion (or in respect of a Single Claim Scheme, having reached Completion) by the Capital Firm Scheme Completion Date, the Grant Recipient may apply to Homes England for the Practical Completion Tranche Grant (or in respect of a Single Claim Scheme the Total Grant Tranche) payable in respect of that Capital Firm Scheme to be paid to it (the PC Claim).

  • If Homes England exercises its rights under Clause 21.1.2 (Adjustments to Practical Completion Tranche Grant), the Grant Recipient must repay Homes England all sums due thereunder in accordance with the provisions of Clause 23.5 (Repayment of Grant ).

  • If Homes England exercises its rights under Clause 21.1.2 (Adjustments to Practical Completion Tranche Grant), the Grant Recipient must repay Homes England all sums due thereunder in accordance with the provisions of Clause 23.5 (Repayment of grant).

  • If Homes England exercises its rights under Clause 21.1.2 (Adjustments to Practical Completion Tranche Grant), the Grant Recipient must repay Homes England all sums due thereunder in accordance with the provisions of Clause 23.5 (Repayment of Grant).

  • This term does not include a discharge in compliance with a NPDES Stormwater Discharge Permit or discharges resulting from fire fighting activities, which are exempt.INDUSTRIAL WASTE refers to any liquid wastes that result from any industrial manufacturing or cleaning processes, trade, or business.


More Definitions of Practical Completion Tranche Grant

Practical Completion Tranche Grant means subject to Condition 6.3 such sum as is equivalent to the percentage of the Named Project Grant recorded on and agreed by GLA through OPS; Process has the meaning ascribed to it in the Data Protection Legislation and Processing shall be construed accordingly;
Practical Completion Tranche Grant means subject to Condition 6.3 such sum as is equivalent to the percentage of the Named Project Grant recorded on and agreed by the GLA through OPS; Practical Completion Tranche Payment Date means in relation to a Named Project such date as the GLA may have accepted in OPS as the date on which a claim for Practical Completion Tranche Grant may be made; Previous AHP Programme means any capital grant funding programme administered by the GLA supporting the delivery of affordable housing other than AHP 2021/26;
Practical Completion Tranche Grant means subject to clause 5.4 (Firm Schemes) (and any variation required or agreed pursuant to the terms of this Agreement) an amount equivalent to such per centum of the Firm Scheme Grant as is approved by Homes England on IMS as payable on achievement of Practical Completion with respect to the relevant Firm Scheme; Pre-Final Claim Change means a change to a Firm Scheme proposed by the Lead Partner pursuant to clause 7.1 (Changes to Firm Schemes or the Consortium) in the period after the payment of the First Tranche but before the payment of the Final Tranche in relation to that Firm Scheme;

Related to Practical Completion Tranche Grant

  • Practical Completion means the completion of the Project where the building is fit for occupancy and/or purpose.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

  • Milestone Date means the target date set out against the relevant Milestone in the Implementation Plan by which the Milestone must be Achieved;

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • Final completion and acceptance means the stage in the progress of the work as determined by the Contracting Officer and confirmed in writing to the Contractor, at which all work required under the contract has been completed in a satisfactory manner, subject to the discovery of defects after final completion, and except for items specifically excluded in the notice of final acceptance.

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Successful Completion means that in the reasonable opinion of the Customer, Deliverables completed by the Supplier are fit for purpose, completed on time and otherwise meet all the criteria defined under this Contract;

  • Virtual Completion means the premise is in the opinion of the Employer fit for occupation.

  • Mechanical Completion means that (a) all components and systems of the Project have been properly constructed, installed and functionally tested according to EPC Contract requirements in a safe and prudent manner that does not void any equipment or system warranties or violate any permits, approvals or Laws; (b) the Project is ready for testing and commissioning, as applicable; (c) Seller has provided written acceptance to the EPC Contractor of mechanical completion as that term is specifically defined in the EPC Contract.

  • Time of Completion means the time for completing the execution of and passing the Tests on Completion of the Works of any section or part thereof as stated in the Contract (or as extended under Clause...) calculated from the Commencement Date