Commercial Operation Date definition

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

Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

Commercial Operation Date means the date on which the conditions set forth in Section 3.4(b) have been satisfied, as set out in a written notice from Seller to Buyer.

Examples of Commercial Operation Date in a sentence

• 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.

• 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”).

• 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.

• 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.

• For any delay in Purchaser’s review of any applicable document beyond Purchaser’s thirty (30) Business Day review period pursuant to this Section 4.1(f), the Project Schedule (including the Expected Commercial Operation Date) shall be extended on a Day-for-Day basis.

More Definitions of Commercial Operation Date

Commercial Operation Date means the date on which a Qualified Project is substantially complete and commercially operable.

Commercial Operation Date means the date stated in Seller’s Notice, substantially in the form of Appendix VI-A, upon which the Project became Commercially Operable.

Commercial Operation Date means the date on which the Project Completion Certificate is issued by the Authority in accordance with Clause 5.4.6 upon procuring of the Completion Certificate with respect to all the Project Facilities by the Developer.

Commercial Operation Date shall have the meaning set forth in Section 3.4.

Commercial Operation Date. (COD) shall mean the date certified by the DISCOM’s committee upon successful commissioning (as per provisions of the PPA) of the project when all equipments as per rated capacity have been installed and energy has flown into the grid.

Commercial Operation Date means the date that the Facility is deemed by PGE to be fully operational and reliable. PGE may, at its discretion, require, among other things, that all of the following events have occurred:

Commercial Operation Date means the date on which the Project is commercially operational, placed into service, and interconnection operations have commenced. The Commercial Operation Date cannot be before the date as stated on the Certificate of Completion or other written permission to operate or authority to interconnect the Facility provided by the T&D Utility.