Examples of Project Development Schedule in a sentence
If Owner fails to complete a milestone activity specified in the Project Development Schedule by the associated milestone completion date, and if, in ISO’s reasonable judgment, such failure compromises Owner’s ability to Deliver Committed Capability commencing on April 1, 2001, ISO shall have the right to terminate this Agreement under Section 12.3 (Termination for Default).
Each such monthly report shall describe Owner’s progress with respect to each milestone activity specified in the Project Development Schedule and shall identify any event or circumstance that will affect, or may reasonably be expected to affect, Owner’s ability to successfully complete the activity by the associated milestone completion date.
Material obligations under this Agreement shall include, without limitation, Owner’s obligations to develop the Project in accordance with the Project Development Schedule under Article 3, to make refunds under Article 5 and to Deliver Committed Capability under Article 6.
In addition, Owner shall notify ISO in writing upon its successful completion of each milestone activity specified in the Project Development Schedule.