Project Phase 1 definition
Examples of Project Phase 1 in a sentence
No later than 15 Business Days following the last day of each fiscal quarter following the First Repayment Date after the Project Phase 1 Completion Date, the Borrower shall calculate and deliver to the Collateral Agent its calculation of the Historical DSCR for the most recent 12-month period.
The Borrower reasonably believes that the Facility Debt Commitments and funds on deposit in the Construction Account, Contingency Reserve Account, the Phase 1 Pre-Completion Revenues Account, the Phase 2 Pre- Completion Revenues Account and the Permitted Finance Costs Reserve Account shall be sufficient to achieve the Project Phase 1 Completion Date by the Phase 1 LNG Facility Date Certain and the Project Phase 2 Completion Date by the Phase 2 LNG Facility Date Certain.
The purposes of the Company shall be to (a) own, manage, finance, refinance, sell, hold, rehabilitate, develop, reposition, pledge, hypothecate, hedge, exchange and otherwise deal in and with the real estate project commonly known as The Gravity Project, Phase 1 (the “Project”); and (b) conduct any and all activities related or incidental to the foregoing purposes.
City shall prepare and submit to APM a Title VI Report, documenting Project Phase 1 processes and outreach for all low income, race, gender, and age groups.
Concessionaire acknowledges that the term of this Agreement is dependent on a Port’s Central Terminal Infrastructure Upgrade Project Phase 1 completion and that the Port will provide 90 days advance written notice on the actual expiration date.
Any time after the Construction Loan is fully repaid to the applicable lenders, and the lenders’ charge on M2M Project Phase 1 land is discharged, the Vendor will have the option to sell all of M2M Development (other than M2M Project Phase 1 land and properties) (the “Relevant Assets”), to an entity designated by the Vendor for an aggregate purchase price of $1.00 (the “Roll Out Option”).
Receipt by the Intercreditor Agent of a Disbursement Endorsement meeting the requirements set forth in the definition thereof for the delivery of such endorsement on the Project Phase 1 Completion Date.
Either (a) the Project Phase 1 Completion Date does not occur by the Phase 1 LNG Facility Date Certain or (b) the Project Phase 2 Completion Date does not occur by the Phase 2 LNG Facility Date Certain.
On the Project Phase 1 Completion Date, amounts on deposit in the Phase 1 Pre- Completion Revenues Account shall be transferred to the Phase 2 Pre-Completion Revenues Account pursuant to Section 4.5(b)(iii) (Deposits and Withdrawals – Phase 1 Pre-Completion Revenues Account) of the Common Security and Account Agreement.
The District Department of Transportation (DDOT) is submitting this work plan to the Federal Highway Administration (FHWA) for review and approval to include a Local Labor Hiring Preference (LLHP) contract provision on the South Capitol Street Corridor Project, Phase 1 (the Project) to evaluate whether the local labor hiring preferences unduly restrict competition.