Common use of Reassessment Tests Clause in Contracts

Reassessment Tests. The First Reassessment Test of the MGPR shall be performed, in accordance with the procedure described in Annex 10, 12 (twelve) months after the PAC. The Second Reassessment Test of the MGPR shall be performed 24 (twenty four) months after the PAC. The Contractor shall notify the Principal when the System is ready to be tested and both Parties will agree a date to carry out the Reassessment Tests for the corresponding annual period (such a date will not be later than the fifteen (15) working days following expiry of the 12 month period following the start of the Warranty Period or the date of the end of the Warranty Period as appropriate). The First and the Second Reassessment Test of the System shall be subject to the Technical Consultant’s consent.

Appears in 4 contracts

Samples: Incentive Agreement (Ellomay Capital Ltd.), Incentive Agreement (Ellomay Capital Ltd.), Incentive Agreement (Ellomay Capital Ltd.)

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Reassessment Tests. The First Reassessment Test of the MGPR shall be performed, in accordance with the procedure described in Annex 10, 12 (twelve) months after the PAC. The Second Reassessment Test of the MGPR shall be performed 24 (twenty four) months after the PAC. The Contractor shall notify the Principal when the System Plant is ready to be tested and both Parties will agree a date to carry out the Reassessment Tests for the corresponding annual period (such a date will not be later than the fifteen (15) working days Working Days following expiry of the 12 month period following the start of the Warranty Period or the date of the end of the Warranty Period as appropriate). The appropriate).The First and the Second Reassessment Test of the System Plant shall be subject to the Technical Consultant’s consent.

Appears in 1 contract

Samples: Incentive Agreement (Ellomay Capital Ltd.)

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