Commercial Operations Notice definition

Commercial Operations Notice has the meaning given such term in Section 5.3(b)
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Commercial Operations Notice means a notice issued by GLNG to a New Shipper confirming its Commercial Operations Date and specifying that the Capacity 2025 Project is [either] Fully Operational [or (where applicable) Partially Operational];
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Examples of Commercial Operations Notice in a sentence

  • Where it is determined by GLNG (acting as a Reasonable and Prudent Operator) that the Capacity 2029 Project is Fully Operational, it shall serve a Commercial Operations Notice on the New Shipper, and the Commercial Operations Notice shall confirm the Commercial Operations Date which, except with the agreement in writing of the New Shipper, shall not be sooner than the date 30 days after service of the Commercial Operations Notice.

Related to Commercial Operations Notice

  • 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.

  • Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

  • 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.

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

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