Subproject 2 definition

Subproject 2 has the meaning set forth in the Stage 1 EPC Agreement.

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Subproject 2 is comprised of LNG Train 2 of the Liquefaction Facility and all OSBL Facilities and modifications and improvements to the Existing Facility required for LNG Train 2 to receive Natural Gas, produce LNG and transfer LNG to all Tanks.

Subproject 2 means any study or research referred to in Part A.6 of the Project to be carried out by a Beneficiary utilizing the proceeds of a Grant and which meets the eligibility criteria set forth in the Operational Manual; and

Examples of Subproject 2 in a sentence

• In no event shall Owner have the right to issue a unilateral acceleration directive requiring Contractor to achieve Substantial Completion of Subproject 1 or Substantial Completion of Subproject 2 prior to the original Guaranteed Substantial Completion Dates specified in this Agreement as of the Contract Date, as applicable.

• Until Substantial Completion of Subproject 2, Owner shall be entitled to a Change Order upon request in accordance with this Section 6.1.

• Until Substantial Completion of Subproject 2, such personnel shall be under the direction and control of and supervised by Contractor.

• This shall include the telecommunications line rentals from Notice to Proceed until thirty (30) Days after Substantial Completion of Subproject 2.

• Until Substantial Completion of Subproject 2, Contractor shall provide all nitrogen as required for construction, testing, drying, purging and commissioning, including the Tanks.

• Contractor shall achieve Substantial Completion of Subproject 1 no later than the date specified in Attachment E (“Guaranteed Substantial Completion Date for Subproject 1”) and Substantial Completion of Subproject 2 no later than the date specified in Attachment E (“Guaranteed Substantial Completion Date for Subproject 2”), (each a “Guaranteed Substantial Completion Date” and collectively, the “Guaranteed Substantial Completion Dates”).

• 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”).

• Contractor shall provide lubricating oils, mDEA, and refrigerants from date of first fill, including changes and replenishments, until Substantial Completion of Subproject 2.

• Contractor shall be responsible for provision of construction power facilities and payment for electrical consumption during construction until Substantial Completion of Subproject 2.

• Until Substantial Completion of Subproject 2, Contractor shall provide all temporary facilities necessary for performance of the Work.

More Definitions of Subproject 2

Subproject 2 means the Kathmandu Valley water supply and sanitation subproject as more fully described in Part B of Schedule 1 to this Agreement;

Subproject 2 means Part B of Project, as described in paragraph 2 of Schedule 1 to this Loan Agreement;