Commercial Operation Period definition

Commercial Operation Period means, with respect to the Facility, the period of time commencing on the Phase 1 COD and ending on (but including) the last day of the Term.
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Commercial Operation Period means the period from the Commercial Operation Date of the Power Plant to the date of termination of the Joint Venture Contract.
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Commercial Operation Period means, with respect to the Facility, the period of time commencing on the COD and ending on (but including) the last Day of the Term.
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Examples of Commercial Operation Period in a sentence

  • NamPower shall pay to the Seller: for each Billing Period during the Term (including the Billing Period in which the Commercial Operation Date occurs), the Energy Payment (as per Annexure C (Energy Payment)); and for the duration of the Deemed Commercial Operation Period, if it occurs, the Deemed Energy Payment.

  • Subcontractor shall install a monitoring system that will allow DCSEU and DOEE staff and their authorized designees to monitor and analyze the historic and real-time electricity output and performance of each CREF for the Minimum CREF Commercial Operation Period.

  • The CREF(s) installed under this Subcontract must produce on an annual basis a minimum of 90 percent of projected electricity output (as verified by the online PVWatts (or comparable Solar forecasting) tool) for the Minimum CREF Commercial Operation Period for each CREF, adjusted for degradation of module efficiency over time and adjusted to account for sporadic weather activity.

  • Evidence of Site Control: Subcontractor shall furnish evidence of site control for the Minimum CREF Commercial Operation Period set forth in Attachment C, which may be in the form of a signed lease, power purchase agreement (PPA), or other contract between Subcontractor and the owner(s) of the property where the CREF(s) will be installed under this Subcontract.

  • We all know too well how untimely notification played a role in the tragedy at Virginia Tech last in 2007.

  • The Subcontract Operating Period shall commence on the date the first CREF achieves Commercial Operation and continue until all CREFs that receive funding under this Subcontract have achieved the Minimum CREF Commercial Operation Period listed in Attachment C.

  • Each operating period shall commence as of the Commercial Operation Date of the CREF and continue until each CREF authorized in Attachment C has achieved the Minimum CREF Commercial Operation Period listed in Attachment C.

  • Subcontractor shall be responsible for the operation, maintenance, and repair of each CREF for the Minimum CREF Commercial Operation Period.

  • The primary objective of this RFP is for bidders to identify, design, permit, construct, operate, and maintain fully integrated and operational CREFs for the Minimum CREF Commercial Operation Period and commit to a performance guarantee or pay a penalty.

  • The DCSEU’s baseline calculations of solar production will be “Weather-Adjusted” to remove the uncertainty related to weather variability in a given production year during the Minimum CREF Commercial Operation Period.


More Definitions of Commercial Operation Period

Commercial Operation Period means for the Project, the period of time between its 1st day of 1st contract year and the last day of the Term.
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Commercial Operation Period means the period from the Commercial Operation Date until the end of the Term;
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Related to Commercial Operation Period

  • 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.

  • Commercial Operations Date or "COD": The date on which Facility first achieves Commercial Operations.

  • 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:

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Scheduled Commercial Operation Date shall have the meaning ascribed to it in Clause 5.4.1;

  • 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 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).

  • Date of Commercial Operation means the date on which the (nuclear or non-nuclear) power plant has successfully passed all performance and operational tests required by the end customer for commercial operation. In all other cases the warranty shall apply for twenty-four (24) months from delivery of the goods or performance of the services, or such longer period of time as customarily provided by Supplier, plus delays such as those due to non-conforming goods and services. The warranties shall apply to Buyer, its successors, assigns and the users of goods and services covered by this Order.

  • 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.

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

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Exploration Period means the period mentioned in Article 3 during which Exploration Operations may be carried out by the Contractor as provided in Article 3 hereof.

  • Normal operation means all periods of operation except start-up and shutdown operations and maintenance of equipment;

  • Operational Period means the Certificate’s actual term of validity, beginning with the start of the Validity Period and ending on the earlier of: (i) the end of the Validity Period disclosed in the Certificate; or (ii) the revocation of the Certificate.

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Construction Period means the period commencing from the Appointed Date and ending on the date of the Completion Certificate;

  • Railway Operation Date means the date of the first carriage of iron ore, freight goods or other products over the relevant Railway (other than for construction or commissioning purposes);

  • Evaluation Period bears the meaning ascribed thereto in Section 7.4(d)(i);

  • Promotion Period means the period the Promotion is open, as specified in clause 5.1.

  • Examination Period means the last ten reporting cycles including the reporting cycle in which the involuntary examination is commenced except for instruments evidencing ownership, or rights to them or funds paid toward the purchase of them, or any dividend, capital credit, profit, distribution, interest, or payment on principal or other sum, held or owed by a holder, including funds deposited with a fiscal agent or fiduciary for payment of them, or pertaining to debt of a publicly traded corporation.

  • Rectification Period means the period of time set out in Section 4.3 of this RFP during which a Proponent will be permitted to rectify its Proposal to satisfy the mandatory submission requirements of this RFP.

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • Transition Period means the period beginning with the Registration Date and ending as of the earlier of: (i) the date of the first annual meeting of stockholders of the Company at which directors are to be elected that occurs after the close of the third calendar year following the calendar year in which the Registration Date occurs; and (ii) the expiration of the “reliance period” under Treasury Regulation Section 1.162-27(f)(2).