We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

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 9 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: Public Private Partnership Agreement, Public Private Partnership Agreement, Public Private Partnership 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: 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 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 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

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

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 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: Model Concession Agreement