Common use of Commercial Operation Date (COD Clause in Contracts

Commercial Operation Date (COD. 15.1.1 The Project shall be deemed to be complete when the Completion Certificate or the Provisional Certificate, as the case may be, is issued under the provisions of Article 14, and accordingly the commercial operation date of the Project shall be the date on which such Completion Certificate or the Provisional Certificate is issued (the “COD”). The Project shall enter into commercial service on COD whereupon the Concessionaire shall be entitled to demand and collect Annuity Payments in accordance with the provisions of this Agreement.

Appears in 8 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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Commercial Operation Date (COD. 15.1.1 The Project shall be deemed to be complete when the Completion Certificate or the Provisional Certificate, as the case may be, is issued under the provisions of Article 14, and accordingly the commercial operation date of the Project shall be the date on which such Completion Certificate or the Provisional Certificate is issued (the “COD”). The Project shall enter into commercial service on COD whereupon the Concessionaire shall be entitled to demand and collect the Annuity Payments in accordance with the provisions of this Agreement.

Appears in 4 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

Commercial Operation Date (COD. 15.1.1 The Project shall be deemed to be complete when the Completion Certificate or the Provisional Certificate, as the case may be, is issued under the provisions of Article 1413, and accordingly the commercial operation date of the Project shall be the date on which such Completion Certificate or the Provisional Certificate is issued (the “COD” or the “Commercial Operation Date”). The Project shall enter into commercial service on COD whereupon the Concessionaire shall be entitled to demand and collect Annuity Payments the User Charges in accordance with the provisions of this AgreementArticle 23.

Appears in 4 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

Commercial Operation Date (COD. 15.1.1 The Project construction and commissioning shall be deemed to be complete when complete, upon the Completion Certificate or Authority issuing a certificate to the Provisional Certificate, as the case may be, is issued under the provisions of Article 14, Implementation Agency in accordance with Clause 12.2 and accordingly the commercial operation date of the Project shall be the date on which such Completion Certificate or the Provisional Certificate certificate is issued and the Implementation Agency shall have obtained the Applicable Permits to operate the Project (the COD”). The Project shall enter into commercial service on COD whereupon the Concessionaire Implementation Agency shall be entitled to demand and collect Annuity Payments Fee in accordance with the provisions of this AgreementArticle 18.

Appears in 3 contracts

Samples: Escrow Agreement, Escrow Agreement, Escrow Agreement

Commercial Operation Date (COD. 15.1.1 The Project Mandatory Development Obligations shall be deemed to be complete when the Construction Completion Certificate or the Provisional Certificate, as the case may be, is issued under the provisions of Article ARTICLE 14, and accordingly accordingly, the commercial operation operations date of the Project shall be the date on which such when Construction Completion Certificate or the Provisional Certificate is issued (the “COD”). The Project shall enter into commercial service operation on COD or on issue of Provisional Certificate, whereupon the Concessionaire shall be entitled to demand and collect Annuity Payments Commercial charges in accordance with the provisions of this AgreementARTICLE 20.

Appears in 2 contracts

Samples: Draft Concession Agreement, Draft Concession Agreement

Commercial Operation Date (COD. 15.1.1 The Project [Six-Laning] shall be deemed to be complete when the Completion Certificate or the Provisional Certificate, as the case may be, is issued under the provisions of Article 14, and accordingly the . The commercial operation date of the Project shall be the Appointed date on which such Completion Certificate or the Provisional Certificate is issued (the “COD”). The Project Highway shall enter into commercial service on COD whereupon the Concessionaire shall be entitled to demand and collect Annuity Payments Fee in accordance with the provisions of this AgreementArticle 27.

Appears in 2 contracts

Samples: Model Concession Agreement, Model Concession Agreement

Commercial Operation Date (COD. 15.1.1 The Project shall be deemed to be complete when the Construction Completion Certificate or the Provisional Certificate, as the case may be, is issued under the provisions of Article 14, and accordingly the commercial operation date of the Project shall be the date on which such Construction Completion Certificate or the Provisional Certificate is issued (the “COD”). The Project shall enter into commercial service on COD whereupon the Concessionaire shall be entitled to demand and collect Annuity Payments in accordance with the provisions of this AgreementUser Charges from COD.

Appears in 2 contracts

Samples: Maharashtra Metro, Maharashtra Metro

Commercial Operation Date (COD. 15.1.1 The Project shall be deemed to be complete when the Completion Certificate or the Provisional Certificate, as the case may be, is issued under the provisions of Article 14, and accordingly the commercial operation date of the Project shall be the date on which such Completion Certificate or the Provisional Certificate is issued (the “COD”). The Project shall enter into commercial service on COD whereupon the Concessionaire shall be entitled to demand and collect Annuity Payments in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Draft Concession Agreement

Commercial Operation Date (COD. 15.1.1 The Project shall be deemed to be complete when the Completion Certificate or the Provisional Certificate, as the case may be, is issued under the provisions of Article 14, and accordingly the commercial operation date of the Project shall be the date on which such Completion Certificate or the Provisional Certificate is issued (the “COD”). The Project shall enter into commercial service on COD whereupon the Concessionaire shall be entitled to demand and collect Annuity Payments Fee in accordance with the provisions of this AgreementArticle 27.

Appears in 1 contract

Samples: Concession Agreement

Commercial Operation Date (COD. 15.1.1 The Project Facilities shall be deemed to be complete when the Completion Certificate or the Provisional Certificate, as the case may be, is issued under the provisions of Article 14, and accordingly the commercial operation date of the Project shall be the date on which such Completion Certificate or the Provisional Certificate is issued (the "COD"). The Project shall enter into commercial service on COD whereupon the Concessionaire shall be entitled to demand and collect Annuity Payments Fee in accordance with the provisions of this AgreementArticle 27.

Appears in 1 contract

Samples: Concession Agreement

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Commercial Operation Date (COD. 15.1.1 The Project Facility shall be deemed to be complete when the Completion Certificate or the Provisional Certificate, as the case may be, is issued under the provisions of Article 14, and accordingly the commercial operation date of the Project shall be the date on which such Completion Certificate or the Provisional Certificate is issued (the “COD” or the “Commercial Operation Date”). The Project shall enter into commercial service on COD whereupon the Concessionaire shall be entitled to demand and collect Annuity Payments receive the Testing Charges in accordance with Article 27, provided, however, that the entry of Project into commercial service shall always be subject to compliance with the provisions of this AgreementClause 14.5.

Appears in 1 contract

Samples: niti.gov.in

Commercial Operation Date (COD. 15.1.1 The Project shall be deemed to be complete when the Completion Certificate or the Provisional Certificate, as the case may be, is issued under the provisions of Article 14, 14 and accordingly the commercial operation date of the Project shall be the date on which such Completion Certificate or the Provisional Certificate is issued (the "COD"). The Project Bus Port shall enter into commercial service on COD whereupon the Concessionaire shall be entitled to demand and collect Annuity Payments Fee in accordance with the provisions of this AgreementArticle 27.

Appears in 1 contract

Samples: Concession Agreement

Commercial Operation Date (COD. 15.1.1 The Project Four-Laning shall be deemed to be complete when the Completion Certificate or the Provisional Certificate, as the case may be, is issued under the provisions provision of Article 14, and accordingly the commercial operation date of the Project shall be the date on which such Completion Certificate or the Provisional Certificate is issued (the “COD”). The COD”).The Project Highway shall enter into commercial service on COD whereupon the Concessionaire shall be entitled to demand and collect Annuity Payments Fee in accordance with the provisions provision of this AgreementArticle 27.

Appears in 1 contract

Samples: Concession Agreement

Commercial Operation Date (COD. 15.1.1 [The Project shall be deemed to be complete when the Completion Certificate or the Provisional Certificate, as the case may be, is issued under the provisions of Article 14, and accordingly the commercial operation date of the Project shall be the date on which such Completion Certificate or the Provisional Certificate is issued issued] (the “COD”). The Project shall enter into commercial service on COD whereupon the Concessionaire shall be entitled to demand and collect Annuity Payments Fee in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Concession Agreement

Commercial Operation Date (COD. 15.1.1 The Construction Works of the Project shall be deemed to be complete when the Completion Certificate or the Provisional Certificate, as the case may be, is issued under the provisions of Article 14, and accordingly the commercial operation date of the Project shall be the date which is notified on which such Completion Certificate or the Provisional Certificate is issued by the Independent Engineer (the “COD”). The Project shall enter into commercial service on COD COD, whereupon the Concessionaire shall be entitled to demand and collect Annuity Payments receive Tipping Fee in accordance with the provisions of this AgreementArticle 17.

Appears in 1 contract

Samples: Concession Agreement

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