Examples of Provisional Operations Start Date in a sentence
Except with respect to liquidated damages payable pursuant to this Agreement for non-occurrence of the Effective Date and for delay in achieving the Provisional Operations Start Date, no remedy or right herein conferred is intended to be exclusive of any other remedy or right, but every such remedy or right shall be cumulative and shall be in addition to every other remedy or right herein conferred or now or hereafter existing at law or in equity.
If the Facilities meet the Service Quality Requirements for a period of six (6) months from the Provisional Operations Start Date as certified by the Independent Verifier, the Agency shall issue a final acceptance certificate and the Facilities shall thereafter be operated by the Company in accordance with the Operating Procedures and Service Quality Requirements.
If a Force Majeure Event occurs prior to the Provisional Operations Start Date that results or will result in a delay in achieving that Project Milestone, then, immediately after the giving of the notice required under Section 13.2.1 (Notice of Force Majeure Event), the Project Milestone Schedule shall be equitably adjusted upon the written agreement of the Parties.
If a Force Majeure Event occurs on or after the Provisional Operations Start Date, the Operations Start Date may be equitably extended upon written agreement of the Parties.
Within five (5) Days from the Operations Start Date, the Company shall provide and deliver to the Agency a surety bond callable on demand in the form set out in Schedule E (Form of Performance Security) as security for the performance by the Company of its obligations under this Agreement from the Provisional Operations Start Date until the Termination Date (the “Operating Security”).
This bond is a penal bond callable on demand by AGENCY upon the failure of PRINCIPAL faithfully to perform its obligations under the Agreement from the Provisional Operations Start Date until the Termination Date.
If a Force Majeure Event occurs on or after the Provisional Operations Start Date, the Tipping Fee payable to the Company shall be reduced accordingly to correspond to the level of Services actually rendered to the LGU during the period that such Force Majeure Event was persisting.
As of the Signature Date, the Project Milestones and the required dates for achieving them are as follows: Required Effective Date [] months after Signing Date Required Continuous Construction Date [] months after Effective Date Required Provisional Operations Start Date [] months after Effective Date Required Operations Start Date [] months after Effective Date These dates shall be subject to amendment only in accordance with this Agreement.
If the Facilities meet the Operating Standards and Procedures after a period of six (6) months from the Provisional Operations Start Date as certified by the Independent Verifier, the LGU shall issue a final acceptance certificate and the Facilities shall thereafter be operated by the Company in accordance with the Operating Standards and Procedures.
Within five (5) Days from the Operations Start Date, the Company shall provide and deliver to the LGU a surety bond callable on demand in the form set out in Schedule D (Form of Performance Security) as security for the performance by the Company of its obligations under this Agreement from the Provisional Operations Start Date until the Termination Date (the “Operating Security”).