Penalties in case of Delayed Commissioning Sample Clauses

Penalties in case of Delayed Commissioning. Under normal circumstances the Project has to be commissioned within 12 months from the date of signing of this Agreement. In case of failing to achieve this milestone, DISCOM shall encash the Performance Bank Guarantee which was submitted by Solar Developer to the DISCOM at time of entering the PPA, in the following manner: Contracted Capacity commissioned but with delay:
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Penalties in case of Delayed Commissioning. 10.5.1 Under normal circumstances the Project has to be commissioned within nine months from the date of signing of this Agreement. In case of failing to achieve this milestone, Solar Power Procurer shall encash the Performance Bank Guarantee which was submitted by Solar Developer to the Solar Power Procurer at time of entering the PPA, in the following manner:
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Penalties in case of Delayed Commissioning. Under normal circumstances the Project has to be commissioned within Eighteen (18) months from the date of handover of Land to the Developer . In the possibility of any potential delay, the WtE Developer shall make such information available to the Lead ULB and APDISCOM at the earliest. In case of delay in commissioning of the WtE Project for reasons not attributable to DISCOMS, the Construction Performance Security shall be encashed by the Lead ULB as per the terms provided in Clauses 9.2 of the Concession Agreement. Provided that if COD is delayed beyond 120 days after the Scheduled COD, the Lead ULBs shall, subject to the provisions of Article 28 of the Concession Agreement, be entitled to terminate the Concession Agreement and to appropriate the Construction Performance Security. In case of delay in commissioning of the WtE Project due to non-availability of evacuation facilities, DISCOM shall be liable to pay the Developer payments as deemed generation computed at 80% PLF at the Payable Tariff for the first Financial Year , subject to a maximum of 50% of the total Construction Performance Security furnished by the Developer.
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Penalties in case of Delayed Commissioning. Under normal circumstances the Project has to be commissioned w ithin Twelve (12) months for the projects where Delivery Voltage is 33 kV and within Fifteen (15) months for the projects where Delivery Voltage is 132 KV and 220 kV - from the Effective Date. In case of failing to achieve this milestone, DISCOM shall encash the Performance Bank Guarantee which was submitted by Solar Developer to the DISCOM before signing of the PPA, in the following manner: Contracted Capacity commissioned but with delay:
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Penalties in case of Delayed Commissioning. Under normal circumstances the Project has to be commissioned within Twenty Four (24) months for the projects where inter-connection point is at 33 kV and 132 kV voltage level from the date of signing of this Agreement. In case of failing to achieve this milestone, DISCOM shall encash the Performance Bank Guarantee which was submitted by Mini Hydel Developer to the DISCOM at time of entering the PPA, in the following manner: Contracted Capacity commissioned but with delay:
Sample 1
Penalties in case of Delayed Commissioning. Under normal circumstances the Project has to be commissioned within 12 months from the date of signing of this Agreement. In case of failing to achieve this milestone, DISCOM shall encash the Bank Guarantee in the following manner:
Sample 1

Related to Penalties in case of Delayed Commissioning

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  • Termination for Changes in Budget or Law The JBE’s payment obligations under this Agreement are subject to annual appropriation and the availability of funds. Expected or actual funding may be withdrawn, reduced, or limited prior to the expiration or other termination of this Agreement. Funding beyond the current appropriation year is conditioned upon appropriation of sufficient funds to support the activities described in this Agreement. The JBE may terminate this Agreement or limit Contractor’s Services (and reduce proportionately Contractor’s fees) upon Notice to Contractor without prejudice to any right or remedy of the JBE if: (i) expected or actual funding to compensate Contractor is withdrawn, reduced or limited; or (ii) the JBE determines that Contractor’s performance under this Agreement has become infeasible due to changes in applicable laws.

  • Contract Renegotiation, Suspension, or Termination Due to Change in Funding If the funds DSHS relied upon to establish this Contract or Program Agreement are withdrawn, reduced or limited, or if additional or modified conditions are placed on such funding, after the effective date of this contract but prior to the normal completion of this Contract or Program Agreement:

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