Commercial Operations Date definition

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

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

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

Examples of Commercial Operations Date in a sentence

• In case of failure to achieve the Target Commercial Operations Date under the QSC because of delay caused by QTP in accordance with the terms Section of the QSC, the provisions of Section 5 of this Contract shall apply, subject to any payment adjustments required by the results of tests in accordance with Section of the QSC.

• If delay shall be due to an Event of Force Majeure not exceeding 90 days, then the Target Commercial Operations Date shall be adjusted, without need of further agreement or consent, by a period equal to the period of delay, subject to compliance of the procedure set out in Section 6 by the Party invoking Force Majeure.

• Nothing in this Contract shall preclude the Parties from commencing with the Commercial Operation Period at a date earlier than the Target Commercial Operations Date, provided that all the conditions in Section 4.3 have been satisfied.

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

• After Effective Date but prior to Commercial Operations Date, either party may terminate this Contract due to Extended Force Majeure.

More Definitions of Commercial Operations Date

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 Day following the Day upon which the Project is commissioned to operate.

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 following the Day on which the Facility is Commissioned at the Contracted Facility Capacity or, if Commissioned at less than the Contracted Facility Capacity, the date following the Date on which liquidated damages have been paid by the Company for the Initial Dependable Capacity less than the Contracted Facility Capacity as provided in Section 8.2;

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

Commercial Operations Date means the date on which the commercial operations of the advertisement on buses are commenced by the Agency which shall be 15 days signing the Advertisement Agreement