Commercial Operation Longstop Date definition

Commercial Operation Longstop Date means the date of expiry of the period identified in the Key Information Table commencing on Effective Date (as defined in and determined in accordance with the Implementation Agreement).
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Commercial Operation Longstop Date has the meaning given to it in the PPA.
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Commercial Operation Longstop Date means December 1, 2028.
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Examples of Commercial Operation Longstop Date in a sentence

  • If the Installation Contractor fails to complete the Installation Works to achieve the Commercial Operation Date by the Commercial Operation Longstop Date Due to any reason attributable to the Installation Contractor, Clause 24.1(a)(vii) (Installation Contractor Termination Events) shall apply.

  • On or before the Effective Date, the Project Company shall provide to the Buyer security (the "Construction Security") to ensure that the Commercial Operation Date (or Deemed Commercial Operation Date (if any)) is achieved by the Commercial Operation Longstop Date.

  • Delay Liquidated Damages Cap4 12.4 [●] Commercial Operation Longstop Date 12.5 [●] Minimum Guaranteed Capacity 15.2 [●] Default Rate 23.1(f) [●] Termination Fee 26.3 [●] Maximum Liability 24.1(a)(vi) [●] Cost or Savings Threshold 1.1 [●] Governing Law5 37.15 [●] Mediation Rules 38.2 [●] Expert Appointing Authority6 38.3(c) [●] Arbitration Language 38.4(b) [●] Arbitration Seat7 38.4(c) [●] Lender Direct Agreement 4.4(a) [Applicable] [Not Applicable].

  • The cancellation must not have a material adverse effect on the ability of the Borrower to fund the remaining expenditure required to achieve the Commercial Operation Date by the Commercial Operation Longstop Date.

  • Delay Liquidated Damages Cap4 12.4 [●] Commercial Operation Longstop Date 12.5 [●] Minimum Guaranteed Capacity 15.2 [●] Default Rate 23.1(f) [●] Termination Fee 26.3 [●] Maximum Liability 24.1(a)(vi) [●] Cost or Savings Threshold 1.1 [●] Governing Law5 37.14 [●] Mediation Rules 38.2 [●] Expert Appointing Authority6 38.3(c) [●] Arbitration Language 38.4(b) [●] Arbitration Seat7 38.4(c) [●] Lender Direct Agreement 4.4(a) [Applicable] [Not Applicable].


More Definitions of Commercial Operation Longstop Date

Commercial Operation Longstop Date means [twenty-four (24)] months from the Conditions Longstop Date or the Extended Longstop Date as maybe agreed in accordance with the Support Agreement;
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Commercial Operation Longstop Date has the meaning set forth in Section 8.6(B) (Commercial Operation Longstop Date Defined).
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