Operation Period. In respect of the Drawings and Documents received by the Independent Engineer for its review and comments during the Operation Period, the provisions of Paragraph 4 shall apply, mutatis mutandis.
Operation Period. 6.1 In respect of the Drawings, Documents and reports (including safety report) received by the Independent Engineer for its review and comments during the Operation Period, the provisions of Paragraph 4 shall apply, mutatis mutandis.
Operation Period. The Operation Period shall commence on the Effective Date and shall continue until the date that is the last day of the fiscal month of April 2022, which is, as of the Effective Date, May 8, 2022 (the “Initial Term”). Unless Retailers, acting collectively, shall provide written notice of non-extension to Bank or Bank shall provide written notice of non-extension to Retailers, in each case, at least twelve (12) months prior to the expiration of the Initial Term (or, where applicable, the expiration of any extension term) the Operation Period shall thereafter be extended automatically for successive 1-year periods, each of which shall expire on the date that is the last day of the fiscal month of Bank that is closest to the end of any such twelve (12) month extension period.
Operation Period. As a result of Change in Law, the compensation for any increase/decrease in revenues or cost to the Seller shall be determined and effective from such date, as decided by the Karnataka Electricity Regulatory Commission whose decision shall be final and binding on both the Parties, subject to rights of appeal provided under applicable Law.
Operation Period. The PERFORMING PARTY will perform the Subtasks below and operate the FACILITY at the SITE LOCATION for at least a three-year period, starting from the later of either the payment of the final request for reimbursement and release of claims or TCEQ’s written approval of the final implementation report. The PERFORMING PARTY will annually report to TCEQ on the status of FACILITY operation.
Operation Period. 6.1 The Independent Health Consultant shall review the Service Quality Manual furnished by the Concessionaire and send its comments thereon to the Authority and the Concessionaire within 15 (fifteen) days of receipt of the Service Quality Manual.
Operation Period. (Post the initial 36 (thirty six) months term of this Agreement)
Operation Period. 22.1.1 The Operation Period will commence following the issue of the Completion Certificate. The Project Company will operate and maintain the Project throughout the Operation Period in accordance with the provisions of this Agreement.
Operation Period. 4.1 Operator shall, at its expense, acquire, and maintain in effect, from the FERC and from any and all other federal, state and local agencies, commissions and authorities with jurisdiction over Operator and/or the Facility, all permits, licenses, and approvals, and complete or have completed all environmental impact studies necessary (a) for the construction, operation and maintenance of the Facility and (b) for Operator to perform its obligations under this Agreement. In addition Operator shall, at its expense, acquire from the FERC, certification as a Qualifying Facility and shall operate and maintain the Facility in a manner consistent with the minimum requirements for such certification in effect at the Commercial Operations Date: except, however that if the Operator's steam host should discontinue its purchases of steam from Operator, Operator shall use its best efforts to acquire another host which would cause compliance with the requirements for QF certification. If Operator, for any reason, loses its QF certification, Operator agrees to obtain approval of any state or federal agencies needed for this Agreement to continue in effect if it is deemed a wholesale electric contract (for example under Section 205 of the Federal Power Act). If such approval is not obtained within twelve (12) months of the Facility's loss of QF certification then North Carolina Power may terminate this Agreement.
Operation Period. 5.1 During the period starting from COD till the end of the Agreement Period, the Independent Engineer shall review the report submitted by Project Company in order to determine the conformity of the Project with the Operational requirements as per Schedule E and shall report to the Authority if it is found that the Operational requirements have not been fulfilled.
