Commercial Operations Period definition

Commercial Operations 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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Examples of Commercial Operations Period in a sentence

  • The designated resident agent shall present an authorization specifying his term of authority (i.e. during Proposal Validity Period, or up to the end of the Commercial Operations Period, or other period) and the extent of his authority to act on behalf of his principal (i.e. to attend meetings, to receive and/or submit documents under these Bidding Procedures or otherwise).

  • Applied Mineral inventory Estimation, by inclair A.J. & Blackwell G.

  • Finally, we have to keep in mind that worldwide the development of a nonprofit sector and the rapid growth of voluntary associations was a by- product of industrialization and urbanization in the 19th century.

  • The designated resident agent shall present an authorization specifying his term of authority (i.e. during Bid Opening, Proposal Validity Period, or up to the end of the Commercial Operations Period, or other period) and the extent of his authority to act on behalf of his principal (i.e. to attend meetings, to receive and/or submit documents under these Bidding Procedures or otherwise).

  • B) Shall keep such financial records as may be required by the Executive or Financial Control Committee and shall deliver them to the successor upon retirement from office.

  • As seen in the Rate Impact below, for the duration of the term of the EPPA between PEDC and GUIMELCO, the simulated delivered price thereunder would result in an overall savings of PhP1.98 per kWh, PhP1.66 per kWh, and PhP1.33 per kWh during Testing and Commissioning Period, Pre-Commercial Operations Period, and Commercial Operations Period, respectively.

Related to Commercial Operations Period

  • Operations Period means the period commencing from COD and ending at the expiry of the Concession or Termination.

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

  • 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).

  • 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.

  • 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.

  • 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;

  • 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:

  • Date of Commercial Operation or “COD” means

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

  • Revenue Operations Date (ROD) means the date of operation of Metro

  • 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.

  • Commercial Operator means the person appointed by MDL as commercial operator of the Maui Pipeline from time to time.

  • 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.

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • 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;

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.

  • Production Operations means all operations conducted for the purpose of producing Petroleum from the Development Area after the commencement of production from the Development Area including the operation and maintenance of all necessary facilities therefor.

  • Services Commencement Date means the date delivery of the Services shall commence as specified in the Key Provisions. If no date is specified in the Key Provisions this date shall be the Commencement Date;

  • 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.

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

  • Services Period refers to the period of time for which You have ordered Cloud Services as specified in Your order.

  • Operational Period means a period starting with the date and time a Certificate is issued (or on a later date and time certain if stated in the Certificate) and ending with a date and time at which the Certificate expires or is earlier revoked.

  • Project Term the period from the Operation Commencement Date to the Expiry Date or the Termination Date, whichever occurs first, which is further described in Clause 3;