Commercial Operation Date Deadline definition

Commercial Operation Date Deadline. The date described as such in Section 3.2(A)(3) (Commercial Operation Date Deadline).
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Commercial Operation Date Deadline shall have the meaning provided in Section 4.4 hereof.
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Commercial Operation Date Deadline means December 31, 2027, which date may not be extended for any reason.
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Examples of Commercial Operation Date Deadline in a sentence

  • Seller may, but shall not be required to, achieve Commercial Operation on a date that is earlier than the Commercial Operation Date Deadline; provided, however, if Seller intends or expects to achieve Commercial Operation on a date that is earlier than three (3) months prior to the Commercial Operation Date Deadline, it must so notify Buyer in writing of such date by no later than one (1) month prior to when Seller intends or expects to achieve the Commercial Operation Date.

  • If Seller has reason to believe that the Facility is not likely to timely achieve any Condition Precedent, Milestone, the Completion Deadline, or the Commercial Operation Date Deadline, Seller shall provide written notice to Buyer with all relevant facts.

  • Seller must provide Notice to Buyer of such proposed adjustments to the quantities in Attachment C no less than six (6) months prior to the current Commercial Operation Date Deadline (based on the current Completion Deadline).

  • Notwithstanding the foregoing, this Article shall not limit the amount of damages payable to Buyer if this Agreement is terminated as a result of Seller’s failure to achieve the Completion Deadline and/or Commercial Operation Date Deadline, or otherwise.

  • The Commercial Operation Date shall occur within thirty (30) days after the Completion Deadline, as extended pursuant to Section 4.2 (the "Commercial Operation Date Deadline").

  • For purposes of this Section 5.3(c)(iii), pursuant to Section 4.6, the Commercial Operation Date Deadline shall be adjusted for any notification from Seller to Buyer of the expectation to achieve Commercial Operation on a date that is earlier than the Commercial Operation Date Deadline.

  • Seller may, but shall not be required to, achieve Commercial Operation on a date that is earlier than the Commercial Operation Date Deadline; provided, however, if Seller intends or expects to achieve Commercial Operation on a date that is earlier than three (3) months prior to the Commercial Operation Date Deadline, it must so notify Buyer in writing of such date by no later than six (6) months prior to the Commercial Operation Date.

  • Time is of the essence for this Agreement, and Seller shall achieve the Commercial Operation Date no later than the Commercial Operation Date Deadline.

  • A failure to achieve the Commercial Operation Date by the Commercial Operation Date Deadline shall be treated in accordance with the provisions of Section 2.4(B) (Failure to Meet Commercial Operation Date Deadline).

  • If Seller has not achieved the Commercial Operation Date within one hundred eighty (180) Days of the Commercial Operation Date Deadline, Company shall have the right, notwithstanding any other provision of this Agreement to the contrary, to terminate this Agreement with immediate effect by declaring an Event of Default pursuant to Section 8.1(A)(1) and issuing a written termination notice to Seller pursuant to Section 8.2(B) (Right to Terminate).


More Definitions of Commercial Operation Date Deadline

Commercial Operation Date Deadline means November 28, 2028.
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Commercial Operation Date Deadline has the meaning set forth on the Cover Sheet.
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Commercial Operation Date Deadline shall have the meaning provided in Section 4.4 hereof. ELECTRONICALLY FILED - 2019 September 20 5:06 PM - SCPSC - Docket # 2019-184-E - Page 5 of 66
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Related to Commercial Operation Date Deadline

  • Commercial Operation Date (COD) means 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 on which a Material Project is substantially complete and commercially operable.

  • 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.

  • Guaranteed Commercial Operation Date has the meaning set forth in Section 3.9(c)(i).

  • 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:

  • Initial Operation means the first integral operation of the complete equipment covered under the Contract with the sub-system and supporting equipment in service or available for service.

  • Milestone Date means the date set against the relevant Milestone in the Implementation Plan;

  • Construction Completion Date means the Completion Date of the Construction as specified in the Statutory Declaration of Completion for the Project;

  • Start Date for Term Calculation Purposes Only: Regardless of actual award/effective date of Contract, for Agreement “term” calculation purposes only, the Agreement “start date” is the last day of the month that Award Notifications are anticipated as published in the Solicitation. Example: If the anticipated award date published in the Solicitation is August 27, 2020 but extended negotiations delay award until September 24, 2020 the end date of the resulting initial “two-year” term Agreement, (which is subject to an extension(s)) will still be August 31, 2022 in this example

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

  • Billing Commencement Date means the earlier of:

  • Scheduled operation time means the scheduled operating hours of the System for the month. All planned downtime on the system would be deducted from the total operation time for the month to give the scheduled operation time.