Commercial Operations Date definition

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

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Commercial Operations Date bears the meaning ascribed thereto in Section 1 of the Power Purchase Agreement;

Commercial Operations Date means the date on which a project becomes commercially operational.

Examples of Commercial Operations Date in a sentence

• Commencing on the Commercial Operations Date and ending on the last day of the Term, Buyer shall purchase the Buyer’s Percentage of all Net Metering Credits that are generated by the Solar Energy Facility.

• The term of this Sublease shall commence on the Effective Date and shall continue until the date that is twenty five (25) years after the first day of the first month following the month in which the Commercial Operations Date (as defined in the CPA) occurs (the "Sublease Term").

• The In-Service Date and Commercial Operations Date can only be extended in accordance with the requirements set forth in Attachment X of the NYISO OATT.

• In the event the Commercial Operations Date is, for any reason, not achieved within [XXX] days of the Effective Date, either Party may terminate this Agreement upon providing five (5) days prior written notice to the other Party of its intent to terminate.

• In addition to the termination provisions described in Section 25 (Revocation), before the Commercial Operations Date, Authorized Sublessee may terminate this Sublease Agreement by providing prior written notice to Primary Tenant.

More Definitions of Commercial Operations Date

Commercial Operations Date means the date falling one day after the day on which the Project is commissioned to operate on a commercial basis.

Commercial Operations Date or “COD” means the date when the Concessionaire begins commercial operations of the Processing Facility pursuant to issuance of Operational Acceptance Certificate by the Authority;

Commercial Operations Date means the date on which the COD Conditions for the Project are satisfied or waived by SFV in accordance with clause 8 (“COD Conditions”).

Commercial Operations Date means the date on which the Project Engineer has issued the Provisional Completion Certificate or the Completion Certificate for the Project Facility, in accordance with the provisions of this Agreement.

Commercial Operations Date. The Day immediately following the date on which the Complex is Commissioned; provided, that in no event shall the Commercial Operations Date occur earlier than ninety (90) Days prior to the Required Commercial Operations Date without the prior written approval of the Power Purchaser, which approval may be given or withheld in the sole discretion of the Power Purchaser.

Commercial Operations Date bears the meaning ascribed thereto in the Power Purchase Agreement; “Commissioned” bears the meaning ascribed thereto in the Power Purchase Agreement; “Commissioning” bears the meaning ascribed thereto in the Power Purchase Agreement;

Commercial Operations Date means the date on which the PV System is considered to have achieved Commercial Operations.