Examples of Project Segment in a sentence
As full and final consideration for fulfillment of all Contractor's obligations and all rights and licenses granted herein in connection with the Project Segment Company shall pay Contractor the amount of [to be completed in final draft in accordance with the Tender], to be paid in accordance with the milestones set forth in Exhibit K, subject to Acceptance.
During the said ten year term, unless agreed otherwise in writing between the parties hereto, the Optional Project Segment pricing and payment terms set forth in this Agreement shall remain fixed other than exchange rate linkage as set forth in Section 16.6 below.
The Borrower has not implemented any master installment purchase agreement or a similar agreement with CDOT relating to the I-25 North Express Lanes Project (Segment 3).
The Optional Project Segment Performance Guarantee shall be extended proportionally to any delay in the execution of the Works for any reason.
The Borrower will provide written notice to the Lender of the receipt of any funds in excess of $500,000 which are intended to be expended for the I-25 North Express Lanes Project (Segment 3) that are in excess of the amount budgeted as of the Closing Date to complete the I-25 North Express Lanes Project (Segment 3) on or before August 30, 2018.
The Borrower covenants that, as long as there are any outstanding Loan Obligations, it will not sell or otherwise dispose of the I-25 North Express Lanes Project (Segment 3) or any part or segment thereof without the prior written consent of the Lender.
The Optional Project Segment Performance Guarantee shall be renewed at least thirty (30) days prior the date on which it is scheduled to expire, and shall remain in full force and effect at least until the end of the Warranty Period (following the Final Post Warranty Acceptance of the Optional Project Segment).
The Borrower will not take or omit to take any action, which action or omission will in any way result in the proceeds from the Loan being applied in a manner other than to finance the I-25 North Express Lanes Project (Segment 3) or, under certain circumstances, to pay the Loan Obligations as set forth herein.
Any description of the Optional Project Segment Works included herein shall not be deemed as a binding commitment by Company to exercise the Optional Project Segment option above, in whole or in part, if any, and any Field Equipment quantities therein constitute only a non-binding forecast on behalf of Company.
The Optional Project Segment Performance Guarantee shall serve as security and a guarantee for all of the Contractor's obligations hereunder in connection with the Optional Project Segment including, but not limited to, material breach and liquidated damages for delays.