solvent, well known, rated by Standard & Poors or AM Best as or higher, and ‘A-’ otherwise acceptable to the Principal, in accordance with clause 6. Security Interest means a mortgage, charge, lien, pledge, Security Interest, title retention, preferential right, trust arrangement, encumbrance and contractual right of set off and includes a Security Interest within the meaning of the PPS Act. Separable Portion means a portion of the Works which the Principal's Representative has determined to be a Separable Portion in accordance with clause 12 of this Contract. Senior Executives means the representatives nominated by the relevant Party. Site means the site for the Works described in Item 7 and includes other lands and places made available to the Contractor by the Principal for the purpose of this Contract. Site Management Plan means the , if required under Item 11, prepared by the and finalised under clause 3.3, which must set out in adequate detail all procedures the will implement to manage the Works on and near the including: the matters specified in the ontract Details; and any other matters required by the . Special Conditions means the special conditions, if any, set out in Schedule 1. Standards Australia means the not-for-profit which, organisation ‘Standards Australia’ amongst other things, develops and adopts standards in Australia. Statutory Requirements means all: Legislative Requirements; ; and Laws, except for those exceptions specified under Item 13. Survey Mark means a survey peg, benchmark, reference mark, signal, alignment, level mark or any other mark for the purpose of setting out, checking or measuring the Works. Suspension means a suspension of the Activities directed by the Principal Contractor’s under clause 33 of this Contract. Third Party Material means any material in respect of which the Contractor does not own the Intellectual Property Rights. Undertaking means an unconditional undertaking (duly stamped, if necessary) in the form, and otherwise on terms, and given by a financial institution, approved by the. Utility means any utility service, including water, electricity, gas, telecommunication and electronic communications (including voice and data), drainage and sewerage, and supply of all supporting structures and media necessary for such services. Variation means any:
solvent, well known, rated by Standard & Poors or AM Best as ‘A-’ or higher, and otherwise acceptable to the Principal, in accordance with clause 6. Security Interest means a mortgage, charge, lien, pledge, Security Interest, title retention, preferential right, trust arrangement, encumbrance and contractual right of set off and includes a Security Interest within the meaning of the PPS Act. Separable Portion means a portion of the Works which the Principal's Representative has determined to be a Separable Portion in accordance with clause 12 of this Contract. Senior Executives means the representatives nominated by the relevant Party. Site means the site for the Works described in Item 7 and includes other lands and places made available to the Contractor by the Principal for the purpose of this Contract. Site Management Plan means the , if required under Item 11, prepared by the and finalised under clause 3.3, which must set out in adequate detail all procedures the will implement to manage the Works on and near the including: the matters specified in the ontract Details; and any other matters required by the . Special Conditions means the special conditions, if any, set out in Schedule 1. Standards Australia means the not-for-profit organisation ‘Standards Australia’ which, amongst other things, develops and adopts standards in Australia. Statutory Requirements means all: Legislative Requirements; ; and Laws, except for those exceptions specified under Item 13. Survey Mark means a survey peg, benchmark, reference mark, signal, alignment, level mark or any other mark for the purpose of setting out, checking or measuring the Works. Suspension means a suspension of the Contractor’s Activities directed by the Principal under clause 33 of this Contract. Third Party Material means any material in respect of which the Contractor does not own the Intellectual Property Rights. Undertaking means an unconditional undertaking (duly stamped, if necessary) in the form, and otherwise on terms, and given by a financial institution, approved by the. Utility means any utility service, including water, electricity, gas, telecommunication and electronic communications (including voice and data), drainage and sewerage, and supply of all supporting structures and media necessary for such services. Variation means any: