Common use of Changes to Project Characteristics Clause in Contracts

Changes to Project Characteristics. (a) Access Right Holder acknowledges that: (i) the Access Right has been granted on the basis that the Project complies with the Project Characteristics in all material respects on and from First Commissioning; and (ii) any material change to the Project Characteristics must be approved by EnergyCo at its discretion, in accordance with clause 12(6) of the Access Scheme Declaration. (b) All references under this agreement to the Project Characteristics will, at the relevant time, be read as the Project Characteristics recorded in the Access Rights Register at the relevant time. (c) Any change to the Project Characteristics proposed by Access Right Holder may only occur on and from the date on which the Access Rights Register is updated by EnergyCo to reflect the Project Characteristics in accordance with clause 12(10) of the Access Scheme Declaration.

Appears in 1 contract

Samples: Project Development Agreement

AutoNDA by SimpleDocs

Changes to Project Characteristics. (a) Access Right Holder acknowledges that: (i) the Access Right has been granted on the basis that the Project complies with the Project Characteristics in all material respects on and from First Commissioning; and (ii) any material change to the Project Characteristics must be approved by EnergyCo at inat its absolute discretion, in accordance with clause 12(6) of the Access Scheme Declaration. (b) All references under this agreement to the Project Characteristics will, at the relevant time, be read as the Project Characteristics recorded in the Access Rights Register at the relevant time. (c) Any change to the Project Characteristics proposed by Access Right Holder may only occur on and from the date on which the Access Rights Register is updated by EnergyCo to reflect the Project Characteristics in accordance with clause 12(10) of the Access Scheme Declaration.

Appears in 1 contract

Samples: Project Development Agreement

Changes to Project Characteristics. (a) Access Right Holder must ensure that the Project complies with the Project Characteristics at all times on and from First Commissioning. (b) Access Right Holder acknowledges that: (i) the Access Right has been granted on the basis that the Project complies will, from First Commissioning, comply with the Project Characteristics in all material respects on and from First CommissioningCharacteristics; and (ii) any material change to the Project Characteristics must be approved by EnergyCo at in its absolute discretion, in accordance with clause 12(6) of the Access Scheme Declaration. (bc) All references under this agreement to the Project Characteristics will, at the relevant time, be read as the Project Characteristics recorded in the Access Rights Register at the relevant time. (cd) Any change to the Project Characteristics proposed by Access Right Holder may only occur on and from the date on which the Access Rights Register is updated by EnergyCo to reflect the Project Characteristics in accordance with clause 12(10) of the Access Scheme Declaration.

Appears in 1 contract

Samples: Project Development Agreement

AutoNDA by SimpleDocs

Changes to Project Characteristics. (a) Access Right Holder acknowledges that: (i) the Access Right has been granted on the basis that the Project complies with the Project Characteristics in all material respects on and from First CommissioningCommissioning Readiness; and (ii) any material change to the Project Characteristics must be approved by EnergyCo at in its absolute discretion, in accordance with clause 12(6) of the Access Scheme Declaration.Declaration.‌ (b) All references under this agreement to the Project Characteristics will, at the relevant time, be read as the Project Characteristics recorded in the Access Rights Register at the relevant time. (c) Any change to the Project Characteristics proposed by Access Right Holder may only occur on and from the date on which the Access Rights Register is updated by EnergyCo to reflect the Project Characteristics in accordance with clause 12(10) of the Access Scheme Declaration.

Appears in 1 contract

Samples: Project Development Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!