Commercial Operations Sample Clauses
The Commercial Operations clause defines the point at which a project, facility, or system is considered to be fully operational and capable of performing its intended commercial function. Typically, this clause outlines the criteria that must be met—such as successful completion of testing, regulatory approvals, or achievement of specified performance standards—before commercial operations are officially declared. For example, in a power plant contract, commercial operations might begin once the plant reliably generates electricity at agreed-upon levels. The core function of this clause is to establish a clear and objective milestone that triggers key contractual obligations, such as payment schedules, risk transfer, or warranty periods, thereby reducing ambiguity and potential disputes between parties.
Commercial Operations. Lessee shall not use or permit the Aircraft to be operated except (a) in commercial operation for which Lessee (or Lessee’s sublessee or operator) is duly authorized by the laws of the United States and any other jurisdiction(s) to whose laws the operation of the Aircraft is subject and (b) in jurisdictions which are not excluded from coverage by any insurance policy required by the terms of this Agreement in effect with respect to the Aircraft.
Commercial Operations. Nothing herein shall authorize the Lessee to conduct any business operations or to act as a Fixed Base Operator (FBO) on the premises leased herein. All such activities are prohibited without the prior written approval of the Lessor. However, nothing herein shall be construed to prohibit the Lessee from performing any services on its own aircraft with its own regular employees (including, but not limited to, maintenance and repair) that it may choose to perform.
Commercial Operations. A MDO shall have the right of first refusal to establish and operate any new commercial operation excluding commercial fisheries in the NMR involving:
Commercial Operations. 1. The Parties grant each other the rights set out in paragraphs 2 to 17 of this Article. Air carriers of the Parties shall not be required to retain a local partner for the purposes of this Article. Air carrier representatives
2. The air carriers of each Party shall be permitted to freely establish offices and facilities in the territory of another Party as necessary to provide services under this Agreement as far as practicable and without discrimination.
3. Without prejudice to safety and security regulations, where such facilities are located in an airport, they may be subject to limitations on grounds of availability of space.
4. The air carriers of each Party shall be permitted, in accordance with the laws and regulations of another Party relating to entry, residence, and employment, to bring into and maintain in the territory of that other Party managerial, sales, technical, operational, and other specialist staff who are required to support the provision of air transport. The Parties shall process expeditiously the granting of employment authorisations, where required, for personnel employed in the offices referred to in this paragraph, including those performing certain temporary duties, subject to the relevant laws and regulations in force. Ground handling
(a) Without prejudice to paragraph 5(b) of this Article, the air carriers of each Party shall, in relation to ground handling in the territory of another Party, be permitted to:
(i) perform their own ground handling (self-handling); or
(ii) select among competing suppliers, where such suppliers are providing ground handling services in whole or in part, in accordance with the laws and regulations of the Party concerned.
(b) Paragraph 5(a) of this Article shall be subject to considerations of safety, security, and physical or operational constraints. Where such considerations limit, prevent, or preclude self-handling and where there is no effective competition between suppliers that provide ground handling services, the relevant Party shall ensure that all such services are available on both an equal and an adequate basis to all air carriers, and that the prices of such services are determined according to relevant, objective, transparent, and non-discriminatory criteria. Allocation of slots at airports
6. Each Party shall ensure that its regulations, guidelines, and procedures for allocation of slots at the airports in its territory are applied in a transparent, effective, non-discriminatory, a...
Commercial Operations. (a) Access Right Holder must notify EnergyCo within 10 Business Days after achieving Commercial Operations.
(b) Access Right Holder must accompany the notice in paragraph (a) with a copy of:
(i) a report, which Access Right Holder has commissioned and received from an independent engineering firm nominated by Access Right Holder and approved by EnergyCo, and upon which EnergyCo may rely, confirming that Commercial Operations has been achieved; and
(ii) certification by a director or senior representative of Access Right Holder acceptable to EnergyCo (acting reasonably) that the information contained in the relevant notice from Access Right Holder to EnergyCo under paragraph (a) is true and correct.
Commercial Operations. (1) The designated airlines of each Contracting Party shall have the right, in accordance with the laws and regulations of the other Contracting Party relating to entry, residence and employment, to bring into and maintain in the area of that other Contracting Party those of their own managerial, technical, operational and other specialist staff who are required for the provision of air transportation.
(2) The designated airlines of each Contracting Party shall have the right to engage in the sale of air transportation in the area of the other Contracting Party, either directly or through agents. The designated airlines of each Contracting Party shall have the right to sell, and any person shall be free to purchase, such transportation in local currency or in any freely convertible other currency.
(3) Each Contracting Party agrees to use its best efforts to ensure that the designated airlines of the other Contracting Party are offered the choice, subject to reasonable limitations that may be imposed by airport authorities, of providing their own services for ground handling operations; of having such operations performed entirely or in part by another airline, an organization controlled by another airline, or a servicing agent, as authorized by the airport authority; or of having such operations performed by the airport authority.
Commercial Operations. Where it is determined by GLNG (acting as a Reasonable and Prudent Operator) that the Capacity 2025 Project is [either] Fully Operational [or (where applicable) Partially Operational], it shall serve a Commercial Operations Notice on the New Shipper, and the Commercial Operations Notice shall confirm the Commercial Operations Date which, except with the agreement in writing of the New Shipper, shall not be sooner than the date 30 days after service of the Commercial Operations Notice.
Commercial Operations. The words “Commercial Operations” mean the carriage by aircraft in air commerce of persons or property for compensation for hire. Commercial Operations do not include carriage by aircraft in air commerce of Grantor’s employees or invitees or Grantor’s own property.
Commercial Operations. Producer shall provide notice to Generator of the date that commercial operation of the Facility shall commence for purposes of the Refined Coal Supply Agreement (the “Notice of Commercial Operations”), and the date specified in such Notice of Commercial Operations to Generator shall be deemed to be the “Commercial Operations Date.”
Commercial Operations. 11.5.1 The Crees have a right of first refusal to establish and operate any new commercial operation in the EMR involving:
a) non-consumptive uses of Wildlife within Eeyou Istchee;
b) recreational fishing and other consumptive uses of Wildlife within Eeyou Istchee; and
c) marketing and processing of all Wildlife, Wildlife parts and Wildlife products within or outside Eeyou Istchee.
11.5.2 All Harvesting activities pursuant to commercial fishing licences or similar authorizations shall be subject to Laws of General Application.