Actual Commercial Operation Date definition

Actual Commercial Operation Date means the commercial operation date established in the Final Completion Certificate executed by the Parties pursuant to Section 5.10(d).
Actual Commercial Operation Date in relation to a unit shall mean date declared by the generator after demonstration of the Maximum Continuous Rating (MCR) or Installed Capacity (IC) through a successful trial run. The date of commercial operation of the generating station shall be reckoned from the date of commercial operation of the last unit of coal-based/lignite-based generating station or block of a combined cycle generating station.
Actual Commercial Operation Date means the date on which Commercial Operation first occurs.

Examples of Actual Commercial Operation Date in a sentence

  • Seller warrants that, on and following the Actual Commercial Operation Date and throughout the Term, the System, its engineering, design, and installation, its components and related work, shall be free from material defects caused by errors or omissions in design, engineering, and installation.

  • Commencing with the first Billing Month and for each Billing Month thereafter, Purchaser shall pay to Seller the Monthly Fee for Services properly performed pursuant to the terms of this Agreement and in accordance with the calculation set forth in Section 10.2. During the period between the Contract Date and the Actual Commercial Operation Date, Seller shall receive no compensation hereunder, and no compensation shall accrue whatsoever.

  • Seller acknowledges and agrees that its pricing and amounts payable by Purchaser hereunder takes into account any and all Services performed, including any such services performed by its Subcontractors, and all liability incurred by Seller in satisfying all obligations during the period between the Contract Date and the Actual Commercial Operation Date.

  • In the event that WREGIS is not in operation as of the Actual Commercial Operation Date, Seller shall perform its obligations, as required under this Section as soon as WREGIS is in operation.

  • Beginning on the Actual Commercial Operation Date and during each Billing Year throughout the Term, Seller guarantees to deliver Output to Purchaser not less than ninety percent (90%) of the Annual Contract Quantity (in kWh) for such Billing Year, as adjusted by the Site Adjustment Factor (the “Output Guarantee”).

  • The Actual Commercial Operation Date for purposes of the Agreement shall be: .

  • Beginning on the Actual Commercial Operation Date and continuing throughout the Term, Seller shall sell and deliver at the Delivery Point, and Purchaser shall purchase and accept from Seller at the Delivery Point, all of the Output generated by the System and which is actually consumed by Purchaser at the Project Site; provided, however, in no event shall Purchaser be required to purchase Output in excess of the amount allowable under the PPA Pilot Program Requirements.

  • Beginning on the Actual Commercial Operation Date and during each Billing Year throughout the Term, Seller guarantees to deliver Output to Purchaser not less than [•] percent ([•]%) of the Annual Contract Quantity (in kWh) (the “Output Guarantee”).

  • On or before the Day that is [five (5)] Business Days after the Date on which Seller believes that Final Completion has been achieved, Seller shall submit to Purchaser a Final Completion Certificate, along with all documentation necessary for Purchaser to determine if Final Completion has been achieved and indicating Seller’s proposed Actual Commercial Operation Date.

  • Buyer may exercise this right on an annual basis by giving Seller notice at least ninety (90) days prior to the following anniversary of the Actual Commercial Operation Date and paying the Seller the Buyout Payment on or before the anniversary of the Actual Commercial Operation Date.


More Definitions of Actual Commercial Operation Date

Actual Commercial Operation Date shall have the meaning given such term in the Power Agreement.
Actual Commercial Operation Date. The date following the Day upon which Seller first successfully completes the Net Capability test of the Facility pursuant to Section 8.2 and has otherwise complied with all conditions set forth in Section 7.3.
Actual Commercial Operation Date. The date following the Day upon which Seller first successfully completes the Net Capability test of the Facility pursuant to Section 8.2 and has otherwise complied with all conditions set forth in Section 7.3.

Related to Actual Commercial Operation Date

  • Commercial Operation Date means the date on which the Facility achieves Commercial Operation.

  • Commercial Operation means the condition of operation in which the complete equipment covered under the Contract is officially declared by the Owner to be available for continuous operation at different loads up to and including rated capacity. Such declaration by the Owner, however, shall not relieve or prejudice the Contractor of any of his obligations under the Contract.

  • Commence commercial operation means, with regard to a unit that serves a generator, to have begun to produce steam, gas, or other heated medium used to generate electricity for sale or use, including test generation subject to the following:

  • Substantial Completion Date means the required date for Substantial Completion of the Project. The Substantial Completion Date can be adjusted only by written Change Order.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Construction Completion Date means date of the completion of the Construction Period, which shall be at the expiry of a period of 24 (Twenty Four) months from the Compliance Date or such other date (with the consent of the Authority) by which the overall development of the Project is completed in accordance with the provisions of this Concession Agreement and when the Construction Completion Certificate is issued by Authority as per Article 14.1.