Common use of Commercial Operation Date Clause in Contracts

Commercial Operation Date. The Phase-I and Phase-II or the Additional Capacity, as the case may be, shall be deemed to be complete when the Completion Certificate or Deemed Completion Certificate, as the case may be, is issued under the provisions of Article 14, and accordingly the commercial operation date of such Phase or the Additional Capacity, shall be the date on which such Completion Certificate or the Deemed Completion Certificate, as the case may be, is issued (the “COD”). The Phase-I, Phase-II, or any Additional Capacity, as the case may be, shall enter into commercial service on COD of each such Phase whereupon the Concessionaire shall be entitled to provide Healthcare Services, provided, however, that the entry of Phase-I, Phase-II or any Additional Capacity, into commercial service shall always be subject to compliance with Applicable Laws.

Commercial Operation Date. The Phase-0, Phase-I I, and Phase-II or the Additional CapacityOptional Development, as the case may be, shall be deemed to be complete when the Completion Certificate for the respective Phase 0, Phase I or Optional Development or Deemed Completion CertificateCertificate for the respective Phase 0, Phase I or Optional Development as the case may be, is issued under the provisions of Article 14, and accordingly the commercial operation date of such Phase or the Additional CapacityPhase, shall be the date on which such Completion Certificate for such Phase or the Deemed Completion CertificateCertificate for such Phase, as the case may be, is issued (the “"COD”" or "Commercial Operation Date"). The Phase- 0, Phase-I, Phase-II, or any Additional CapacityOptional Development, as the case may be, shall enter into commercial service on COD of each such Phase whereupon the Concessionaire shall be entitled to provide Healthcare Services, provided, however, that the entry of Phase-0, Phase-I, Phase-II or any Additional CapacityOptional Development, into commercial service shall always be subject to compliance with Applicable Laws.