Examples of Date of First Commercial Delivery in a sentence
This Agreement shall enter into force and effect as set forth in Section 2.2.1 and, subject to Section 20, shall continue in force and effect until the twentieth (20th) anniversary of the Date of First Commercial Delivery, unless extended pursuant to Section 4.1.2 (the “Term”).
A Party shall designate its bank by notice to the other Party initially not later than one hundred twenty (120) Days prior to the Date of First Commercial Delivery and thereafter not less than thirty (30) Days before any redesignation is to be effective.
Initial term commencing on the effective date, April 30, 2020, and ending on the twentieth (20th) anniversary of the Date of First Commercial Delivery, as defined in the contract.
Seller shall concurrently provide a non-binding good faith estimate of the ten (10) Day period falling within the Final Window Period during which the Date of First Commercial Delivery of the relevant Plant is expected to occur.
This Agreement shall enter into force and effect as set forth in Section 2.2.1 and, subject to Section 20, shall continue in force and effect until the twentieth (20th) anniversary of the Date of First Commercial Delivery, unless extended pursuant to Section 4.1.2 (the "Term").
Seller shall provide non-binding good faith estimates of each Date of First Commercial Delivery from time to time as credible and relevant information is available (but not less frequently than one (1) update every six (6) Months).
The failure of the Train 1 DFCD under and as defined in the BG FOB Sale and Purchase Agreement to occur on or before the BG DFCD Deadline or the failure of the Date of First Commercial Delivery under and as defined in the GN FOB Sale and Purchase Agreement to occur on or before the GN DFCD Deadline.
The obligations to sell and deliver, and to purchase and pay for, LNG under the contract become effective on the Date of First Commercial Delivery of the Delfin Project conditioned upon the start-up of the third LNG vessel at the Delfin Deepwater Port, provided that all conditions precedent are satisfied or waived.
The Day notified by Seller to Buyer on which Seller anticipates that the Designated Train will become commercially operable shall be the "Date of First Commercial Delivery", which Day shall be determined by taking into account development and construction schedules, as set forth below.