Conditions to Commercial Operation Sample Clauses

Conditions to Commercial Operation. Owner shall notify Utilities in writing when the System is ready for commercial production of Energy under this Agreement and interconnection with the Network. This notification is contingent upon verification of the satisfaction or occurrence of the all of the conditions set forth in this Section (“Conditions”) and Owner’s providing evidence of such satisfaction or occurrence reasonably acceptable to Utilities. The parties agree that review and approval of such Conditions may occur on an ongoing and incremental basis, pending resolution of any disputes, as such Conditions are satisfied.
Sample 1Sample 2
AutoNDA by SimpleDocs
Conditions to Commercial Operation. Twenty (20) Days prior to the date that Seller expects the Commercial Operation Date for each Facility to occur, Seller shall provide written notice thereof to Buyer. During the period between delivering such notice and the Commercial Operation Date, Seller shall provide Buyer evidence reasonably acceptable to Buyer of the satisfaction or occurrence of all of the conditions set forth in this Section 4.6 (“Conditions”), unless any such Conditions are waived by in writing by Xxxxx. The Parties agree that review and approval of such Conditions may occur on an ongoing and incremental basis, pending resolution of any dispute, as such Conditions are satisfied. The Conditions are:
Sample 1Sample 2
Conditions to Commercial Operation. Seller will (i) notify EPE when the Facility has achieved all of the conditions set forth in this Section 4.9 (“Conditions”), (ii) provide evidence reasonably acceptable to EPE of the satisfaction or occurrence of such Conditions, and (iii) designate the Commercial Operation Date for the Facility to occur no sooner than thirty (30) Days from the date that Seller provides such notification to EPE (“Notification Date”). EPE must accept or challenge Seller’s declaration that all Conditions have been satisfied or occurred within thirty (30) Days of the Notification Date, and any Condition that EPE does not challenge within thirty (30) Days of the Notification Date will be deemed satisfied. The Parties shall attempt to resolve any dispute that may arise regarding the satisfaction or occurrence of any Condition(s) through direct discussion or mediation, as set forth below in Sections 12.8 and 12.9 of this Agreement. Review and approval of the Conditions may occur on an ongoing and incremental basis, pending resolution of any dispute, as such Conditions are satisfied or occur. All costs and expenses necessary to meet the Conditions shall be borne solely by Seller. The Conditions, which must be met after the Agreement Approval Date has occurred, are: ****=Confidential treatment has been requested for the redacted portions of this exhibit. The copy filed herewith omits the information subject to the confidentiality request. Omissions are designated as ****. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission.
Sample 1Sample 2
Conditions to Commercial Operation. Commercial Operation shall not occur before , and all Contract Energy Delivered by prior to that date shall be Test Energy. After , Commercial Operation of the Facility shall commence the Day following MP’s acceptance (which shall not be unreasonably withheld) of Seller’s Notice that all conditions set forth in this Section have been successfully satisfied. An officer of Seller who has knowledge of the Facility must certify in written Notice to MP that all the conditions set forth in this Section have been satisfied. Thereafter, MP shall have ten (10) business Days to challenge the satisfaction of any condition set forth in this Section and in the event, MP raises any such challenge, Seller shall provide MP with additional information establishing satisfaction of the condition. In the event the Parties are unable to agree upon satisfaction of the conditions to Commercial Operation, the matter shall be referred to dispute resolution in accordance with this Agreement. Seller must certify:
Sample 1
Conditions to Commercial Operation. Twenty (20) Days prior to the date on which Seller reasonably anticipates that Commercial Operation will occur, Seller will notify Buyer of such anticipated Commercial Operation Date. Promptly following the delivery of such‌‌ notice, the Parties shall agree to a parameter list defining the Facility communications systems intended to interface with Buyer’s SCC (the “Parameter List”). When Seller reasonably believes that the Facility has achieved Commercial Operation, Seller shall notify Buyer thereof, which notice shall include evidence reasonably acceptable to Buyer of the satisfaction or occurrence of all of the conditions set forth in this Section 4.6 (“Conditions”) and shall include a declaration by Seller to that effect. The Parties agree that review and approval of the Conditions may occur on an ongoing and incremental basis, pending resolution of any dispute, as such Conditions are satisfied. The Conditions are:
Sample 1

Related to Conditions to Commercial Operation

  • Conditions to Completion 3.1. The obligation of the Seller to sell the Sale Shares and proceed with the Completion in terms of Clause 5 of this Agreement shall be conditional on the satisfaction of following conditions, other than those which by their very nature are to be satisfied at Completion, (to the extent that they have not been waived by the Seller (other than the condition set out in Clauses 3.1(ii) below which shall not be waived), in accordance with this Agreement):

  • Conditions to Close Escrow shall not close unless and until the following conditions precedent and contingencies have been satisfied or waived in writing by the party for whose benefit the conditions have been included:

  • Conditions for Advance and Conditions to Closing Section 7.1

  • Conditions to Closings Each Purchaser’s obligation to purchase and pay for the Notes to be sold to such Purchaser at each Closing is subject to the fulfillment to such Purchaser’s satisfaction, prior to or at such Closing, of the following conditions:

  • Additional Conditions to Closing (a) All necessary approvals under federal and state securities laws and other authorizations relating to the issuance of the Acquisition Shares and the transfer of the Shares shall have been received.

  • Conditions to Closing Date This Agreement shall become effective upon, and the obligation of each Lender to make the initial Extensions of Credit on the Closing Date is subject to, the satisfaction of the following conditions precedent:

  • Conditions to Xxxxx’x Obligations The obligations of Xxxxx hereunder with respect to a Placement will be subject to the continuing accuracy and completeness of the representations and warranties made by the Company herein, to the due performance by the Company of its obligations hereunder, to the completion by Xxxxx of a due diligence review satisfactory to Xxxxx in its reasonable judgment, and to the continuing satisfaction (or waiver by Xxxxx in its sole discretion) of the following additional conditions:

  • Conditions to Loan Section 3.1 Conditions to Funding of the Loan on the Closing Date......................................... 33

  • Conditions to Closing of the Company The Company’s obligation to sell the Securities at the Closing is subject to the fulfillment to its satisfaction on or prior to the Closing Date of each of the following conditions:

  • CONDITIONS TO GRANT TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, and the successors and assigns of Lender, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower shall well and truly pay to Lender the Debt at the time and in the manner provided in the Note and this Security Instrument, shall well and truly perform the Other Obligations as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the Note, these presents and the estate hereby granted shall cease, terminate and be void.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!