Commercial Operation definition

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.

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

Commercial Operation means the Facility is operating and able to produce and deliver the Product to Buyer pursuant to the terms of this Agreement.

Examples of Commercial Operation in a sentence

• Commercial Operation shall mean the status of a Large Generating Facility that has commenced generating electricity for sale, excluding electricity generated during Trial Operation.

• Commercial Operation shall mean the status of the Small Generating Facility that has commenced generating electricity for sale, excluding electricity generated during Trial Operation, notice of which must be provided to the NYISO in the form of Attachment 9 to this Agreement.

• The term of this Agreement shall commence on the Effective Date and shall remain in effect until December 31 of the year in which the twentieth (20th) anniversary of the Commercial Operation Date occurs, or such earlier date provided herein (“Term”).

• Subject to Seller’s rights under Section 4.1(a), Seller shall commence selling the Contract Products, and Buyer shall commence purchasing the Contract Products, beginning on the Commercial Operation Date, and Seller shall continue selling the Contract Products, and Buyer shall continue purchasing the Contract Products, as provided herein, through the earlier of (a) the expiration of the Term or (b) the occurrence of an Early Termination Date.

• Appendix D sets out a schedule of certain milestones for the Project through the Commercial Operation Date (each such milestone, a “Milestone”) and dates associated with each Milestone (each such date, a “Milestone Date”), including the Guaranteed Commercial Operation Date and Outside Commercial Operation Date.

More Definitions of Commercial Operation

Commercial Operation means any operation of an aircraft, in return for remuneration or other valuable consideration, which is available to the public or, when not made available to the public, which is performed under a contract between an operator and a customer, where the latter has no control over the operator;

Commercial Operation means, solely for purposes of this Agreement, the date on which a material portion of Qualified Property has been installed or constructed on the Land and is capable of generating electricity.

Commercial Operation means the Project is operating and able to produce and deliver the Product to Buyer pursuant to the terms of this Agreement and in the case of Baseload Product, as further provided in Appendix IV-3.

Commercial Operation means the date on which the Project becomes commercially operational and placed into service such that all of the following events have occurred and remain simultaneously true and accurate:

Commercial Operation means the condition of operation in which the complete equipment covered under the Contract is officially declared by OPTCL to be available for continuous operation at different loads for periods mentioned in the specification so as to relieve the Contractor of his obligations for such operation under the Contract.

Commercial Operation has the meaning ascribed to it in Section 2.5.

Commercial Operation means the date on which the Project becomes commercially operational and placed into service, such that all of the following events have occurred and remain simultaneously true and accurate: