Declaration of Commerciality formal and in writing notification of the Concessionaire to ANP declaring one or more Mines as commercial discovery in the Concession Area, in accordance with paragraph 8.1 8.1 of this Contract.
Declaration of Commerciality. It is the written communication sent by the CONTRACTOR to the XXX in which it declares that the discovery made in the Contracted Area is a Commercial Field.
Declaration of Commerciality. 5.6.1 With the submission of the evaluation reports pursuant to Article 5.5.4, the Contractor shall submit a written declaration to the Minister indicating one of the following:
a) that based on the results of its Appraisal Work Programme it has determined that the Discovery is a Commercial Discovery;
b) that based on the results of its Appraisal Work Programme it has determined that the Discovery is not a Commercial Discovery;
c) that based on the results of its Appraisal Work Programme it has determined that the Discovery is a significant Discovery which may become a Commercial Discovery conditional on the outcome of further work that the Contractor commits itself to carry out under a further Exploration or Appraisal Work Programme in specified areas within or outside the Appraisal Area.
Declaration of Commerciality. Upon its determination that the Ocean Energy Resource can generate power in Commercial Quantities, the RE DEVELOPER shall submit the DOC, along with supporting documents acceptable to the DEPARTMENT, e.g., Detailed Feasibility Study, Detailed Engineering Design, Financial Closing and acquired/secured permits/endorsements within the Pre- Development Stage.
Declaration of Commerciality. Upon determination that the Geothermal Resource can generate power of Commercial Quantities, the RE DEVELOPER shall submit the Declaration of Commerciality along with supporting documents which shall be made within the Pre-Development stage. Failure to submit Declaration of Commerciality and corresponding supporting documents to the DEPARTMENT within the Pre-Development Stage shall result in automatic termination of the RE Contract.
Declaration of Commerciality. Upon determination that the Wind Energy Resource can generate power of Commercial Quantities, the RE DEVELOPER shall submit the Declaration of Commerciality along with supporting documents which shall be made within the Pre-Development stage. Failure to submit Declaration of Commerciality and corresponding supporting documents to the DEPARTMENT within the Pre-Development Stage shall result in automatic termination of the RE Contract.
Declaration of Commerciality. Upon its determination that the Wind Energy Resource can generate power in Commercial Quantities, the RE DEVELOPER shall submit the DOC, along with supporting documents acceptable with the DEPARTMENT, e.g., Detailed Feasibility Study, Preliminary Engineering Design and acquired/secured permits/endorsements, within the Pre-Development stage.
Declaration of Commerciality. Within three (3) months after the expiration of the term stipulated for execution of the Evaluation Program or the expiration of the term agreed according to Paragraph 2 of Clause 14, if applicable, THE CONTRACTOR shall submit to the XXX a written declaration that clearly and accurately states its unconditional decision to commercially exploit or not the Discovery made. If the decision is affirmative, from the date of such declaration the area of the Discovery shall be considered a Commercial Field.
Declaration of Commerciality. Upon its determination that the Offshore Wind Energy Resource can generate power in Commercial Quantities, the RE DEVELOPER shall submit the Declaration of Commerciality along with supporting documents which shall be made within the Pre-Development stage.
Declaration of Commerciality. It has the meaning provided for in 0 hereunder;
