Preconstruction Security definition

Preconstruction Security means the bank guarantee provided by the Company for the purpose of securing of fulfillment of Company’s obligations under Preconstruction Phase.

Examples of Preconstruction Security in a sentence

  • Once the Construction Security is provided by the Company, the Preconstruction Security shall be duly returned to the Company within 30 (thirty) days.

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  • Herewith, the Preconstruction Security shall be issued by one of the member country of the “Organization for the Economic Co-operation and Development” (OECD) and/or by a n y bank licensed in Georgia.

  • The amount of the Preconstruction Security is defined according to total installed capacity of a power plant and shall equal to 5,000.00 (five thousand) USD or its equivalent in Euro (in accordance with the exchange rate set by the National Bank of Georgia for the day of payment) per MW (hereinafter the “Preconstruction Security”).

  • The amount of the Preconstruction Security shall not exceed 15% of the share capital of the security issuing bank.

  • The Preconstruction Security provided by the Company shall remain in force until the date falling 2 (Two) months after the date of Commencement of Construction Phase.

  • An interested party shall, for the purposes of securing the application provided in terms of the Expression of Interest, conduction of technical and economic feasibility study, preparation of environmental impact assessment report and provision of the Construction Security, submit the Preconstruction Security to the Ministry in favour of the Government of Georgia, along with the application envisaged by subparagraph 2 of Article 2 of the Rule.

Related to Preconstruction Security

  • Preconstruction services means services and other activities during the design phase.

  • Transaction Security means the Security created or expressed to be created in favour of the Security Agent pursuant to the Transaction Security Documents.

  • Vessel means the vessel/craft belonging to the Contractor for carrying out the work.

  • Construction and Demolition Debris means and includes:

  • construction site means a workplace where construction work is being performed;

  • Corporation Security or “Corporation Securities” means (i) Common Shares, (ii) shares of preferred stock issued by the Corporation (other than preferred stock described in Section 1504(a)(4) of the Code), (iii) warrants, rights, or options (including options within the meaning of Treasury Regulation §§ 1.382-2T(h)(4)(v)) and 1.382-4 to purchase Securities of the Corporation, and (iv) any Shares.

  • Erection, construction, remodeling, repairing means all types of work done on a particular building or work at the site thereof in the construction or development of the project, including without limitation, erecting, construction, remodeling, repairing, altering, painting, and decorating, the transporting of materials and supplies to or from the building or work done by the employees of the Contractor, Subcontractor, or Agent thereof, and the manufacturing or furnishing of

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • Information Security (GSN GISN 5) is all the means and functions ensuring the accessibility, confidentiality or integrity of information or communications, excluding the means and functions intended to safeguard against malfunctions. This includes "cryptography", "cryptographic activation", 'cryptanalysis', protection against compromising emanations and computer security.

  • Mortgaged Ship means a Ship which is subject to a Mortgage at the relevant time and, in the plural, means all of them;

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Construction Party means a party to a Construction Service Agreement. “Construction Parties” shall mean all of the Parties to a Construction Service Agreement.

  • Construction Completion means physical construction of a cleanup action component is complete.

  • Construction sign means a sign which identifies the architect, engineers, contractors and other individuals or firms involved with the construction of a building, or announces the character of the building or enterprise, which is erected during the building construction period.

  • Construction Completion Date means the Completion Date of the Construction as specified in the Statutory Declaration of Completion for the Project;

  • Construction Services Agreement (CSA) means the Construction Services Agreement, together with any duly authorized and executed amendments hereto.

  • Construction and demolition waste means the waste building materials, packaging, and rubble resulting from construction, remodeling, repair, and demolition operations on pavements, houses, commercial buildings and other structures.

  • Scheme Property means the property of the Company required under the FCA Rules to be given for safe-keeping to the Depositary.

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

  • Construction Services means either of the following for construction-manager-at-risk, design-build and job-order-contracting project delivery methods:

  • Coupon Security means any Bearer Security authenticated and delivered with one or more Coupons appertaining thereto.

  • Project Facility means facility being one or more of the following facilities as specified in the Special Conditions of Contract, being developed in accordance with the Project and the Detailed Project Implementation Report and includes all its buildings, equipment, facilities, software and systems and includes without limitation, where the circumstances so require, any expansion thereof from time to time and may include any new location to be separately mentioned in the Special Conditions of Contract.

  • Mortgaged Vessel means, at any relevant time, any Vessel which is at such time subject to a Mortgage and a Vessel shall, for the purposes of this Agreement, be regarded as a Mortgaged Vessel as from the date on which the Mortgage of that Vessel has been executed and registered in accordance with this Agreement until whichever shall be the earlier of (i) the payment in full of the amount required to be paid to the Agent pursuant to clause 4.3 or 4.5 following the Total Loss or sale respectively of such Vessel and (ii) the end of the Facility Period;

  • Construction Service Agreement means either an Interconnection Construction Service Agreement or an Upgrade Construction Service Agreement.

  • The Vessel means the vessel named in Box 5 and with particulars as stated in Boxes 6 to 12.

  • CONSTRUCTION GUARANTEE means a guarantee at call obtained by the contractor from an institution approved by the employer in terms of the employer's construction guarantee form as selected in the schedule