Common use of Deemed Commercial Operation Date Clause in Contracts

Deemed Commercial Operation Date. Notwithstanding the extension to the Target Commercial Operation Date contemplated by Clause 6.2.5 (Delay in Commercial Operation Date), if a delay, default or circumstance occurs as a result of an Event of Deemed Availability, and, as a consequence, the Seller is unable to conduct the Power Project Acceptance Tests on the date on which such Power Project Acceptance Tests would otherwise have occurred had such delay, default or circumstance not occurred, the Seller shall be entitled to enjoy certain rights as set out in this Clause 6.3 (Deemed Commercial Operation Date) with effect from the date on which the Commercial Operation Date would have occurred had such delay, default or circumstance not occurred (the "Deemed Commercial Operation Date"). In the case of a delay, default or circumstance as contemplated by Clause 6.3.1 (Deemed Commercial Operation Date):

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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