Energized Date Sample Clauses

Energized Date. The Energized Date shall not be earlier than the Earliest Energized Date as indicated in the System Identification Form. The System must be completely Installed, Energized and registered with PJM-EIS GATS or M-RETS by the Guaranteed Energized Date as set forth in the System Identification Form or any extension approved by the Buyer at its sole discretion. Seller may request a six-month extension of the Guaranteed Energized Date upon demonstration of project delays that do not otherwise jeopardize the successful completion of the System; any such extension will be granted at Buyer’s sole discretion. Any such requests will be determined by Xxxxx on a case by case basis, but will be limited to circumstances outside the bidder’s control. Such circumstances may include delays in approval of interconnection requests, issuing of permits, and other events driven by delays in third- party processes.
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Energized Date. The Energized Date shall not be earlier than the Earliest Energized Date as indicated in the System Identification Form. The System must be completely Installed, Energized and registered with PJM-EIS GATS or M-RETS by the Guaranteed Energized Date as set forth in the System Identification Form or any extension approved by the Buyer at its sole discretion., which shall be exercised reasonably. Seller may request a six-month extension of the Guaranteed Energized Date upon demonstration of project delays that do not otherwise jeopardize the successful completion of the System; any such extension will be granted at Buyer’s sole discretion., which shall be exercised reasonably. Any such requests will be determined by Buyer on a case by case basis, but will be limited to circumstances outside the bidder’s control. Such circumstances may include delays in approval of interconnection requests, issuing of permits, and other events driven by delays in third- party processes.
Sample 1
Energized Date. The Energized Date shall not be earlier than the Earliest Energized Date as indicated in the System Identification Form. The System must be completely Installed, Energized and registered with PJM-EIS GATS or M-RETS by the Guaranteed Energized Date as set forth in the System Identification Form or any extension approved by the Buyer at its sole discretion. Seller may request a six-month extension of the Guaranteed Energized Date upon demonstration of project delays that do not otherwise jeopardize the successful completion of the System; any such extension will be granted at Buyer’s sole discretion. Any such requests will be determined by Buyer on a case by case basis, but will be limited to circumstances outside the bidder’s control. Such circumstances may include delays in approval of interconnection requests, issuing of permits, and other events driven by delays in third-party processes. Forfeiture of Performance Assurance. Should a System not be completely Installed, Energized and registered with PJM-EIS GATS or M-RETS by the Guaranteed Energized Date or any extension approved by the Buyer at its sole discretion, the Performance Assurance associated with the System under this Agreement will be forfeited.
Sample 1

Related to Energized Date

  • Date Whenever any payment due hereunder shall fall due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time shall be included in the computation of interest or fees, as the case may be.

  • Vesting Commencement Date Exercise Price per Share: Total Number of Shares Subject to the Option: Total Exercise Price: Expiration Date:

  • Service Commencement Date The date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Section 15.3 or Section 29.1 under the Tariff.

  • Working Day Working Day means a day other than a Saturday, Sunday, or a holiday which is observed by the construction industry in the area of the Place of the Work.

  • Monday morning The employee should not work more than 16 hours without an 8 hour break.

  • Non-Business Day If any payment of principal or interest on any Loan or of any other Obligation shall fall due on a day which is not a Business Day, interest or fees (as applicable) at the rate, if any, such Loan or other Obligation bears for the period prior to maturity shall continue to accrue on such Obligation from the stated due date thereof to and including the next succeeding Business Day, on which the same shall be payable.

  • Commercial Operation Date 6.4.1 The SPV shall ensure that the Project Commercial Operation Date is achieved on or prior to the Scheduled Commercial Operation Date. The SPV shall provide a written notice to MSEDCL at least 30 (thirty) days in advance intimating MSEDCL of the proposed date on which the Commercial Operation Date of a Unit or the Project is proposed to be achieved. 6.4.2 If the Commercial Operation Date for the Units having a capacity equivalent to at least 75% (seventy five percent) of the Contracted Capacity is achieved before the Scheduled Commercial Operation Date, then all Units in respect of which the Commercial Operation Date has been achieved prior to the Scheduled Commercial Operation Date would be eligible for incentives as follows: (a) the Unit(s) injecting energy at 11 kV /22 kV shall be given an incentive of Rs. 0.25/ kWh; and (b) the Unit(s) injecting energy at 33 kV shall be given an incentive of Rs. 0.15/ kWh, for the power sold to MSEDCL for the first 3 (three) years from the Commercial Operation Date. To receive such incentives from MSAPL, which shall be over and above the Tariff, the SPV shall follow the process agreed to by the SPV under the Implementation Agreement. 6.4.3 It is hereby clarified that the aforementioned incentive shall not be available: (i) in respect of any Unit if the Commercial Operation Date for such Unit has not been achieved prior to the Scheduled Commercial Operation Date; and (ii) if the aggregate capacity of the Units for which the Commercial Operation Date has been achieved prior to Scheduled Commercial Operation Date is less than 75% (seventy five percent) of the Contracted Capacity. 6.4.4 In the event that Commercial Operation Date for any of the Units is achieved after the Scheduled Commercial Operation Date, the SPV shall be liable to pay Liquidated Damages as per the provisions set out below. 6.4.5 Without prejudice to any other rights of MSEDCL under this PPA, in case one or more Units of the SPV are unable to achieve Commercial Operation Date within a period of 2 (two) months from the Scheduled Commercial Operation Date, the capacity of such Units shall be annulled, and the Contracted Capacity shall be reduced to that extent. For Illustration: The Project has a Contracted Capacity of 100 MW and comprises of 10 Units of 10 MW each. If at the end of the aforementioned period of 14 (fourteen) months from the Effective Date, the SPV has achieved Commissioning for only 8 out of 10 Units, then the Contracted Capacity of the Project will stand reduced for the capacity of the 2 Units which have not been Commissioned, i.e. the Contracted Capacity will be 80 (100 (original Contracted Capacity)) – 10 (capacity of each Unit)*2 (number of Units not Commissioned).

  • Public Employees Retirement System “PERS”) Members.

  • ACADEMY OPENING DATE The Academy shall open as a school on 1 April 2011 replacing Xxxxxxx School which shall cease to be maintained by the Local Authority on that date, which date shall be the conversion date within the meaning of the Academies Xxx 0000.

  • Break Time For daily work assignments of six or more hours, permanent and probationary employees (except bus drivers and bus aides) shall be entitled to one 15-minute break for each half of the work assignment. For work assignments of less than six hours, such employees shall be entitled to one 15-minute break. Employees who spend a majority of the workday working with a Video Display Terminal (VDT) shall be permitted to perform other job-related duties (i.e., work not involving use of a VDT) 10 continuous minutes out of each hour. Such time shall not be cumulative and shall be in addition to break time established above.

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