Subject to the provisions of this Agreement, Owner shall promptly notify and represent to User when the System has achieved Commercial Operation ("Notice of Commercial Operation"), and shall in such notice certify to User the Commercial Operation Date.
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 Date means the date on which a Material Project is substantially complete and commercially operable.
Commercial Operations Date or "COD": The date on which Facility first achieves Commercial Operations.
Commercial Operator means the person appointed by MDL as commercial operator of the Maui Pipeline from time to time.
Commercial Operations Upon satisfaction of the following conditions, the Facility shall be considered to have achieved Commercial Operations on the Day specified in Seller's written notice described below: (i) the Acceptance Test has been passed, (ii) all generating units have passed Control System Acceptance Tests, (iii) the Transfer Date has occurred, (iv) Seller has (1) provided to Company the Required Models (as defined in Section 6(a) (Seller's Obligation to Provide Models) of Attachment B (Facility Owned by Seller)) in the form of Source Code, (2) placed the current version of the Source Code for the Required Models with the Source Code Escrow Agent as required in Section 6(b)(i)(A) (Establishment of Source Code Escrow) of Attachment B (Facility Owned by Seller), or (3) if Seller is unable to arrange for the placement of the appropriate Source Code into the Source Code Escrow account, placed the required funds with the Monetary Escrow Agent as required in Section 6(b)(ii)(A) (Establishment of Monetary Escrow) of Attachment B (Facility Owned by Seller), and (v) Seller provides Company with written notice that (aa) Seller is ready to declare the Commercial Operations Date and (bb) the Commercial Operations Date will occur within 24 hours (i.e., the next Day).
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.
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.
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:
Completion Notice means a notice issued by the Developer in accordance with clause 6.1.
Date of Commercial Operation or “COD” means
Scheduled Commercial Operation Date shall have the meaning ascribed to it in Clause 5.4.1;
Escalation Notice has the meaning set forth in Section 8.02.
Rectification Notice means a notice in writing that identifies a defect in a work and requires rectification of the defect within a specified period of time.
Guaranteed Commercial Operation Date has the meaning set forth in Section 3.9(c)(i).
Mediation Notice is defined in Section 6.2(b).
Normal operation means all periods of operation except start-up and shutdown operations and maintenance of equipment;
Reduction Notice has the meaning set forth in Section 1.3.
Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.
Acquisition Notice has the meaning ascribed to such term in Section 2.1(a).
Activation Notice have the meanings ascribed thereto in Annex C.
Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;
Retraction Notice has the meaning set forth in Section 11.01(c).
Response Period has the meaning set forth in Section 9.6(a).
Auction Notice has the meaning assigned to such term in the definition of “Dutch Auction”.
improvement notice means the notice issued by the Authority to the Supplier pursuant to Clause 32.1.3 (Authority Remedies) which will detail how the Supplier shall improve the provision of the Goods and/or Services;
Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.