Schedule Bonus definition

Schedule Bonus has the meaning specified in Section 13.2B.

Schedule Bonus means an Interim Milestone Bonus, a Primary Milestone Bonus or a Super Primary Milestone Bonus, as applicable.

Schedule Bonus means each of the Schedule Bonus for SP1 and the Schedule Bonus for SP2.

Examples of Schedule Bonus in a sentence

• If Substantial Completion of Subproject 2 occurs before the date falling *** (***) Days after issuance of NTP (“Schedule Bonus Date for SP2”), Owner shall pay Contractor a bonus in the amount of *** (U.S.$***) per MMBtu of the LNG that is both (i) produced by Subproject 2 between the period of first production of LNG from Subproject 2 and the Schedule Bonus Date for SP2 and (ii) sold by Owner to one of its customers prior to the Schedule Bonus Date for SP1 (“Schedule Bonus for SP2”).

• If Substantial Completion of Subproject 1 occurs before the date falling *** (***) Days after issuance of NTP (“Schedule Bonus Date for SP1”), Owner shall pay Contractor a bonus in the amount of *** (U.S.$***) per MMBtu of the LNG that is both (i) produced by Subproject 1 between the period of first production of LNG from Subproject 1 and the Schedule Bonus Date for SP1 and (ii) sold by Owner to one of its customers prior to the Schedule Bonus Date for SP1 (“Schedule Bonus for SP1”).

• If Substantial Completion of Subproject 3 occurs before the date falling *** (***) Days after issuance of NTP (“Schedule Bonus Date for SP3”), Owner shall pay Contractor a bonus in the amount of *** (U.S.$***) per MMBtu of the LNG that is both (i) produced by Subproject 3 between the period of first production of LNG from Subproject 3 and the Schedule Bonus Date for SP3 and (ii) sold by Owner to one of its customers prior to the Schedule Bonus Date for SP3 (“Schedule Bonus for SP3”).

• If Substantial Completion of Subproject 4 occurs before the date falling *** (***) Days after issuance of NTP (“Schedule Bonus Date for SP4”), Owner shall pay Contractor a bonus in the amount of *** (U.S.$***) per MMBtu of the LNG that is both (i) produced by Subproject 4 between the period of first production of LNG from Subproject 4 and the Schedule Bonus Date for SP4 and (ii) sold by Owner to one of its customers prior to the Schedule Bonus Date for SP3 (“Schedule Bonus for SP4”).

• The Schedule Bonus Date shall be automatically adjusted to the extent the Guaranteed Substantial Completion Date is adjusted by Change Order.

More Definitions of Schedule Bonus

Schedule Bonus has the meaning given to it in Section 4.6.2.

Schedule Bonus means the Schedule Bonus for Train 1, the Schedule Bonus for Train 2, the Schedule Bonus for Train 3, the Schedule Bonus for Train 4, the Schedule Bonus for Train 5, the Schedule Bonus for Train 6 and the Schedule Bonus for Train 7.

Schedule Bonus means the bonus for early completion as described in Section 9.5 of the Pipeline Construction Contract and/or the delivery bonus as described in Section 6.7 of the LTS Purchase Order, as applicable

Schedule Bonus means the bonus for completion as described in Section 7 of the Phase 1 EPC Contract and Section 7 of the Phase 2 EPC Contract, the bonus for early completion as described in Section 6.9 of the Sunland Pipeline Construction Contract, the delivery bonus as described in Section 6.7 of Appendix A to the Phase 1 LTS Purchase Order or Section 6.7 of Appendix A to the Phase 2 LTS Purchase Order, the early delivery bonus as described in Section 13.1 of the Phase 1 Pretreatment Contract or Section 13.1 of the Phase 2 Pretreatment Contract, the early completion bonus as described in Section 19.4 of the Construction Dock and Marine Offloading Facilities Construction Agreement, the early completion bonus as described in Section 19.2 of the Phase 1 Marine Works Construction Agreement, the early completion bonus as described in Section 6.10 of the Storm Surge Wall Construction Agreement, and the delivery bonus as described in Section 6.7 of the PIS 2021 Purchase Order, as applicable.

Schedule Bonus has the meaning set forth in Section 11.9.

Schedule Bonus means each of the Schedule Bonus for Project 1 and the Schedule Bonus for Project 2.

Schedule Bonus shall have the meaning set forth in Section 5.5.1.