Pre-Construction Period definition
Examples of Pre-Construction Period in a sentence
Pre-Construction Period which shall begin as of the effective date of the Contract (February 15, 2020) during which time Contractor shall obtain all necessary approvals and permits from appropriate federal, State and local government agencies to commence construction/reconstruction on the Sites Nos.
If during the Pre-Construction Period, Developer determines that, despite its diligent and good faith efforts, it will not be able satisfy one or more of the Pre-Construction Conditions, Developer may terminate this Agreement by providing written notice of termination in accordance with Section 601, and in the event of such termination, neither County nor Developer shall have any further remedies against the other for termination of this Agreement under this provision.
During any period when the Members are examining the feasibility of developing or acquiring a Prospective Project prior to the commencement of the PreConstruction Period, each Member shall contribute cash capital contributions in an amount sufficient to fund costs incurred by the Company and Approved in advance from time to time by the Members or contained in the Prospective Project Budget.
Within thirty (30) days after receipt of such information, Simon shall elect, on notice to Chelsea whether or not to have the Company proceed for a Pre-Construction Period with such a Prospective Project.
The budget of costs and expenses estimated to be incurred with respect to the Project during the Pre-Construction Period which shall be Approved by the General Partner by written resolution, subject to revision from time to time by Approval of the General Partner .