Trust Completion Date definition

Trust Completion Date means the date determined in accordance with Clause 3.5.1 (Dissolution of the Trust).
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Examples of Trust Completion Date in a sentence

  • LFSL agrees to act as a trustee for each Scheme Creditor in relation to the Trust Assets only in accordance with the terms of this Scheme and acknowledges that with effect from the Effective Time, it shall at all times hold the Trust Assets on trust for the Scheme Creditors for distribution in accordance with the terms of this Scheme until the Trust Completion Date.

  • The Buyer or his representative and a representative of the Seller will inspect the Residential Home at a reasonable time designated by the Seller by written notice or by telephone prior to the Trust Completion Date.

  • The Seller will use commercial reasonable efforts to rectify the Deficiencies within 30 days of the Trust Completion Date or if any such Deficiencies cannot be rectified within such 30-day period, to promptly begin to rectify the Deficiencies and diligently proceed to rectify the Deficiencies.

  • The Seller will make reasonable efforts to obtain, at the Seller's cost, from a title insurance provider a home ownership protection policy and, if applicable, a lender policy (collectively, "Title Insurance") for the assignment of the Sublease in favour of the Buyer and the Buyer's lender, if applicable, and provide evidence of such Title Insurance to the Buyer on the Trust Completion Date.

  • The Trust Completion Date, as provided for in the Trust Completion Date Notice, may be based on the Seller’s estimate as to when the Residential Home will be ready to be occupied.

  • If the Residential Home is not ready to be occupied on the Trust Completion Date so established, the Seller may extend the Trust Completion Date once, by providing a minimum of seven (7) days' written notice to the Buyer prior to the Trust Completion Date provided for in the Trust Completion Date Notice.

  • The Buyer covenants and agrees to complete the Transaction on the terms and conditions herein contained notwithstanding that the Deficiencies may be rectified subsequent to the Trust Completion Date or the Final Completion Date.

  • If the approval of a third party is required under the Lease as a condition to the sale of the Seller’s Leasehold Interest in the Property, then this Contract shall be subject to such approval being obtained on or before the 90th day following the Trust Completion Date (as defined in Clause 5).

  • The Buyer will assume and pay all taxes, rates, local improvements assessments, fuel, utilities, Homeowners’ Association (as defined in section 22) levies and other charges from, and including, the day following the Trust Completion Date (the “Adjustment Date”), and all adjustments both incoming and outgoing of whatsoever nature will be made as of the Adjustment Date.

  • The Seller represents that the Sublease and the Residential Home will be free and clear of all liens, charges, encumbrances and judgments on the Trust Completion Date, except for any encumbrances related to any Seller’s financing arranged in connection with the construction of the Residential Home, which the Seller will discharge within a reasonable period of time after the receipt of the balance of the Final Total Purchase Price pursuant to this Agreement.

Related to Trust Completion Date

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.

  • Construction Completion Date means the Completion Date of the Construction as specified in the Statutory Declaration of Completion for the Project;

  • Final Completion Date means the date on which Final Completion occurs.

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Substantial Completion Date means the date on which Substantial Completion occurs.

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • Commercial Operation Date (COD) means the date certified by the DISCOM’s committee upon successful commissioning (as per provisions of the PPA) of the project when all equipments as per rated capacity have been installed and energy has flown into the grid.

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • COMPLETION TIME means the period by ‘date/month’ specified in the ‘Letter of Intent/Award’ or date mutually agreed upon for handing over of the intended scope of work, the erected equipment/plant which are found acceptable by the Engineer, being of required standard and conforming to the specifications of the Contract.

  • Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Construction Completion Certificate means a certificate of the I-Bank to the effect that the construction of the Project is complete.

  • Installation Date means the date specified in the Statement of Work by which the Contractor must have the ordered Equipment ready (certified) for use by the State.

  • Outside Completion Date shall have the meaning assigned to such term in Section 6.3(d).

  • Construction Start Date means the later to occur of the date on which Seller delivers to Buyer (a) a copy of the Notice to Proceed that Seller has delivered to the EPC Contractor for the Project, and (b) a written Certification substantially in the form attached hereto as Appendix IV-1.

  • Final Completion Certificate has the meaning set forth in Section 11.6.

  • Completion Deadline means the date by which the Arrangement is to be completed, which date shall be April 30, 2014 or such later date as may be agreed to in writing by the Parties;

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Construction Completion means physical construction of a cleanup action component is complete.

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

  • Guaranteed Substantial Completion Date or “Guaranteed Substantial Completion Dates” has the meaning set forth in Section 5.3B.

  • Phase 2 means the phase of the ATP comprised of: (1) improvements to the State Street Substation to receive Rebuilt Line 972; (2) the rebuilding of NYSEG’s existing Line 972 not performed in Phase 1; (3) construction of Relocated Line 15; (4) the construction of Bused Line 5; (5) improvements to the Elbridge Substation to receive Relocated Line 15; and (6) improvements to the Elbridge Substation to receive Bused Line 5.

  • Handover Date means the date on which access to the Tower and Associated Tower Site is given to the Access Seeker for installation of the Equipment at that Site as stated in Clause 9(c) hereof. “Handover” shall be construed accordingly.

  • Mechanical Completion means that (a) all components and systems of the Project have been properly constructed, installed and functionally tested according to EPC Contract requirements in a safe and prudent manner that does not void any equipment or system warranties or violate any permits, approvals or Laws; (b) the Project is ready for testing and commissioning, as applicable; (c) Seller has provided written acceptance to the EPC Contractor of mechanical completion as that term is specifically defined in the EPC Contract.

  • Contract Date means the date set for bid opening or, if this is a negotiated contract or a modification, the effective date of this contract or modification.