Common use of Entry Into Commercial Service Clause in Contracts

Entry Into Commercial Service. 15.1. Commercial Operation Date (COD) Project shall be deemed to be complete when the Completion Certificate or the Provisional Certificate, as the case may be, is issued under the provisions of Article 14, and accordingly the commercial operation date of the Project shall be the date on which such Completion Certificate or the Provisional Certificate is issued (the “COD”). The Project shall enter into commercial service on COD whereupon the Concessionaire shall have to make the Payment Obligations to the Authority in accordance with the provisions of Article 25.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

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Entry Into Commercial Service. 15.1. 15.1 Commercial Operation Date (COD) Project shall be deemed to be complete when the Completion Certificate or the Provisional Certificate, as the case may be, is issued under the provisions of Article 14, and accordingly whereas the commercial operation date of the Project shall be the date on which such Completion Certificate or the Provisional Certificate is issued (the COD). The Project shall enter into commercial service on COD whereupon the Concessionaire shall have to make the Payment Obligations to the Authority in accordance with the provisions of Article 25.

Appears in 1 contract

Samples: Concession Agreement

Entry Into Commercial Service. 15.115. Commercial 1.Commercial Operation Date (COD) Project Four-Laning shall be deemed to be complete when the Completion Certificate or the Provisional Certificate, as the case may be, is issued under the provisions provision of Article 14, and accordingly the commercial operation date of the Project shall be the date on which such Completion Certificate or the Provisional Certificate is issued (the “COD”). The COD”).The Project Highway shall enter into commercial service on COD whereupon the Concessionaire shall have be entitled to make the Payment Obligations to the Authority demand and collect Fee in accordance with the provisions provision of Article 2527.

Appears in 1 contract

Samples: Concession Agreement

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Entry Into Commercial Service. 15.1. Commercial Operation Date (COD) Project Two-Laning shall be deemed to be complete when the Completion Certificate or the Provisional Certificate, as the case may be, is issued under the provisions of Article 14, and accordingly the commercial operation date of the Project shall be the date on which such Completion Certificate or the Provisional Certificate is issued (the "COD"). The Project Highway shall enter into commercial service on COD whereupon the Concessionaire shall have be entitled to make the Payment Obligations to the Authority demand and collect Fee in accordance with the provisions of Article 2527.

Appears in 1 contract

Samples: Concession Agreement

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