Examples of Commencement Date of Operation in a sentence
In addition, Seller shall provide-NEP with immediate written notice of any occurrences of which it is aware that are likely to substantially delay construction start date or the Commencement Date of Operation of the Facilities.
Seller shall provide NEP with a quarterly status report on its progress in meeting each of the milestones in its development plan until the Commencement Date of Operation.
The plan shall include, at a minimum, milestone dates for financial closing, permitting (including, without limitation, zoning, air quality, water quality, waste handling), construction start date, and Commencement Date of Operation.
If NEP does not complete construction of the interconnection facilities associated with Seller’s Facility on or before December 15, 1989, the December 31, 1989 deadline specified for the Commencement Date of Operation in Article VII D., paragraph (iii) on page 20, will be extended by the number of days beyond December 15, 1989 that the interconnection was completed.
Seller represents and warrants that it will secure exclusive rights to purchase the landfill gas produced at each of the currently permitted landfill sites on which the Facilities will be located prior to the Commencement Date of Operation.
Commencing on July 1, 1988, and extending until the later to occur of January 1, 1989 or the Commencement Date of Operation, NEP shall pay Seller monthly for quantities of such electricity, a price in cents per kilowatthour equal to four and eight-tenths cents ($.048) per kilowatthour delivered during On-Peak Periods and two and eight-tenth cents ($.028) per kilowatthour delivered during Off-Peak Periods.
As of the Commencement Date of Operation, the landfill gas electric generation project at the landfill located in Johnston, Rhode Island will be the only project which will be initially providing electricity to NEP under the Power Purchase Agreement.