Commercial Operation Date definition

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

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Commercial Operation Date means the date on which the Facility achieves Commercial Operation pursuant to the terms of this Agreement.

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

No later than (A) thirty (30) days prior to the anticipated Commercial Operation Date, and (B) at least sixty (60) days before May 1 of each calendar year throughout the Term, Seller shall provide Buyer with an annual forecast of Planned Outages (“Outage Schedule”).
Prior to the Commercial Operation Date, Buyer shall provide to Seller the following Delivery Term Security: for Index Supply quantities expressed in MW of Capacity, Delivery Term Security in the amount of [***] of Capacity (Buyer shall at all times have sufficient Delivery Term Security of at least [***] of Capacity subject to the Index Supply).
Buyer shall use Commercially Reasonable Efforts to energize Phase II of the Project within twelve (12) months of the Commercial Operation Date.

More Definitions of Commercial Operation Date

Commercial Operation Date or “COD” shall mean the date as per Article 6.2;

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.

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 means the date on which the Facility achieves Commercial Operation.

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 shall have the meaning set forth in Section 3.4.