Commercial Operation Date (COD. The development of Bus Terminal 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 Bus Terminal shall be the date on which such Completion Certificate or the Provisional Certificate is issued (the "COD of Bus Terminal"). Further, the commercial operation of the Commercial Complex shall be achieved on or before the expiry of 2555th days from the Appointed Date ("COD of Commercial Complex"). Further, notwithstanding anything mentioned in Article 15, the COD of Commercial Complex shall not be deemed to have been achieved until the Completion Certificate for Bus Terminal has been obtained by the Concessionaire. The Bus Terminal shall enter into commercial service post issuance of the Completion Certificate or the Provisional Certificate whereupon the Concessionaire shall be entitled to demand and collect charge(s) in accordance with provisions of Article 26 and that the entry of Bus Terminal or part thereof into commercial service shall always be subject to compliance with the provisions of Clause 26.1.
Appears in 16 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
