Common use of Commercial Operation Milestone Date Clause in Contracts

Commercial Operation Milestone Date. NYSERDA’s obligations to purchase Tier-1 Renewable Energy Certificates and to make payment under this Agreement are conditional on the commencement by the Bid Facility of Commercial Operation at a minimum of 80% of the Bid Capacity on or before the Commercial Operation Milestone Date. The Commercial Operation Milestone Date shall be November 30, 2021. Seller may elect to extend the Commercial Operation Milestone Date; See Article XV.

Commercial Operation Milestone Date. NYSERDA’s obligations to purchase Tier-1 Renewable Energy Certificates and to make payment under this Agreement are conditional on the commencement by the Bid Facility of Commercial Operation at a minimum of 80% of the Bid Capacity on or before the Commercial Operation Milestone Date. The Commercial Operation Milestone Date date shall be November 30, 20212020. Seller may elect to extend the Commercial Operation Milestone Date; See Article XV.

Commercial Operation Milestone Date. NYSERDA’s obligations to purchase Tier-1 Renewable Energy Certificates and to make payment under this Agreement are conditional on the commencement by the Bid Facility of Commercial Operation at a minimum of 80% of the Bid Capacity on or before the Commercial Operation Milestone Date. The Commercial Operation Milestone Date date shall be November 30, 20212019. Seller may elect to extend the Commercial Operation Milestone Date; See Article XV.