In view of the change to the expected Completion Date
, the Company has also decided to change the Repayment Record Date, as defined in the circular to Shareholders issued by Sound Energy on 23 January 2018 (the "Circular") from 26 March 2018 to 3 April 2018.
According to the law it was essential to seek permission of projects completion date
extension from ministry of economic affairs especially on those projects that was completing with the foreign funding.
On the project's completion date
, A council spokesman said: "The bulk of the work will be done by Christmas with some possibly going into the new year.
1 of this agreement states the seller [developer], in its sole discretion, can extend the Anticipated Completion Date
by a period up to 12 months by giving written notice to the purchaser - not less than three months prior to the contract's anticipated completion date
These factors have already led to escalation of the project cost and extension of the scheduled completion date
The operators now are said to be the local IOEC, OIEC and Idro, with the completion date
now set for 2016.
Some investors in Laguna Tower in Jumeirah Lakes Towers are refusing to take handover, citing citing unjustified delay (actual completion date
as per sales agreement: October 2007), Emirates 24/7 reports.
The new body created with adopted amendments to the Roads Act will seek to accelerate the construction of "strategic infrastructure projects", namely the Struma Highway (running from Sofia to the border with Greece; expected completion date
- 2014), the Hemus Highway (running from Sofia to Varna through Northern Bulgaria; expected completion date
unknown), or the Cherno More (i.
The boiler has a substantial completion date
Eighth Street between Main Avenue and Phillips Avenue will remain closed to vehicular traffic until the overall project completion date
of October 22, 2010.
The Inland Revenue guidance on the date which will determine whether or not the tax is payable states that it is predominantly the completion date
which will determine whether it is payable.
However, due to the completion date
being pushed from 2009 to the third quarter of 2011, investors were sent a letter in March highlighting five options of how they wanted to proceed with their investments.