Date of Initial Commercial Operation definition

Date of Initial Commercial Operation means the first day of the month which immediately follows the date Cogen designates in writing to Consolidated Edison as the initial date of Commercial Operation of its Cogeneration Facility.
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Date of Initial Commercial Operation means 12:01 a.m. on the day Cogen designates in writing as the initial date of commercial operation of the Cogeneration Facility.
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Date of Initial Commercial Operation means 12:01 A.M. on the date Seller designates in writing as the initial date of commercial operation of Seller's Facility, which date shall not precede the Initial Delivery Date.
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Examples of Date of Initial Commercial Operation in a sentence

  • Prior to the Date of Initial Commercial Operation of the Facility, Buyer shall have no obligation to reimburse Sellers [*] other than the amounts specified in paragraph 3.9 hereof.

  • Buyer shall have no obligation to maintain any balance under the letter(s) of credit [*] Days after the Date of Initial Commercial Operation of the Facility.

  • This Agreement shall become effective when fully executed and approved by the PSC and shall remain in full force and effect for a period of twenty-five (25) Annual Periods from the Date of Initial Commercial Operation ("Base Term") and any additional Annual Periods pursuant to Article 2.2, subject to termination in accordance with Articles 14 and 15 of this Agreement.

  • If, after the Date of Initial Commercial Operation, Cogen is excused from performing its obligations hereunder due to Force Majeure, and such Force Majeure continues in effect for a period of six (6) months after the initial event or condition of Force Majeure, subject to Article 10.6, Infineum may terminate this Agreement, effective on the last day of such six (6) month period or thereafter, by giving Cogen and the Financier identified in Article 11.4 at least thirty (30) days' prior written notice.

  • From the Initial Delivery Date until the Date of Initial Commercial Operation, Buyer shall pay Seller for the Electricity actually delivered to Buyer at a rate which is the Buyer's avoided energy costs (i) as may be specified in the applicable tariff in effect at the time of such deliveries, or (ii) if such tariff is not in effect, as may otherwise be available.

  • If Cogen triggers ECRA with respect to the Demised Premises more than fifteen years after the Date of Initial Commercial Operation, or if Exxon triggers ECRA, Cogen will not be obligated to reimburse Exxon for any of Exxon's expenses in complying with ECRA except to the extent that Cogen may be liable for such expenses under Sections 10.1 or 10.2 above.

  • Commencing with the Date of Initial Commercial Operation and thereafter during the term of this Agreement, Buyer shall give Seller its best estimate of its expected steam requirements for the next calendar year, at least by September 24 of the preceding calendar year.

  • The Base Term of this Backup Fuel Agreement will commence on the Date of Initial Commercial Operation and will continue for twenty-five (25) Annual Periods, unless sooner terminated in accordance with the terms hereof.

  • The term of this Lease shall commence on the date hereof and shall continue for an initial period of ten (10) Annual Periods from the Date of Initial Commercial Operation (the "Initial Term"); thereafter, the term of this Lease shall be automatically extended for so long as the Steam Sale Agreement shall remain in effect (the "Extended Term").

  • IMTT and Cogen have entered into the Steam Sale Agreement pursuant to which Cogen, commencing on the Date of Initial Commercial Operation, will be obligated to provide steam to IMTT and pursuant to which IMTT is obligated to purchase steam for use in the Bayonne Facility.


More Definitions of Date of Initial Commercial Operation

Date of Initial Commercial Operation means 12:01 A.M. on the day Lessee designates in writing as the initial date of commercial operation of the Cogeneration Facility.
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Date of Initial Commercial Operation. The definition of "Date of Initial Commercial Operation" in Article 3.9 is
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Date of Initial Commercial Operation means the date specified by the Seller and agreed to by JCP&L after the Seller has completed start-up and testing including the acceptance test of the Generating Facility by the engineering/construction firm, which date shall not precede the Initial Delivery Date. The Seller shall notify JCP&L of the proposed Date of Initial Commercial Operation upon not less than 30 days prior written notice. JCP&L's approval of such date shall not unreasonably be withheld.
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Date of Initial Commercial Operation. 6 1.10 "Demised Premises" 6 1.11 "Infineum's Complex" 6 1.12 "Infineum's External Steam Requirements" 6 1.13 "Infineum's Property" 6 1.14 "ExxonTurbo Oil" 7 1.15 "Financier" 7 1.16 "Force Majeure" 7 1.17 "Governmental Authorizations" 8 1.18 "Ground Lease" 8 1.19 "Ground Lease Agreement" 8 1.20 "Improvements Removal Period" 8 1.20A "Infineum's Technology Center" 8 1.21 "K lbs." 8 1.21A "Owner Trust" 8 1.22 "Party" 9 1.23 "Points of Delivery of Steam" 9 1.24 "psig" 9 1.25 "Steam" 9 1.26 "Steam Interconnection Facilities" 9 1.27 "Weighted Average Cost of Gas" 9
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Date of Initial Commercial Operation means the day which begins at 12:01 A.M. on the first day of the month which immediately follows the date Seller designates in writing as the initial date of Commercial Operation of the Plant.
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Related to Date of Initial Commercial Operation

  • Date of Commercial Operation or “COD” means

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

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

  • 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.

  • Scheduled Commercial Operation Date shall have the meaning ascribed to it in Clause 5.4.1;

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

  • Project Start Date means the first Milestone Start Date specified in Schedule B;

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • Service Commencement Date means the date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Tariff, Part II, section 15.3 or Tariff, Part III, section 29.1.

  • 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;

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.

  • Commissioning Period means, with respect to each Subproject, the period commencing upon the first delivery of Feed Gas to the Subproject in accordance with Sections 4.8 and 11.1 of the Agreement continuing through achievement of RFSU, commissioning, Start Up, Performance Testing and achievement of Substantial Completion for such Subproject.

  • Date of Completion with respect to a Project shall mean: (i) the date upon which such Project and all components thereof have been acquired or constructed and are capable of performing the functions for which they were intended, as evidenced by an Engineers’ Certificate filed with the Trustee and the Issuer; or (ii) the date on which the Issuer determines, upon the recommendation of or in consultation with the Consulting Engineer, that it cannot complete such Project in a sound and economical manner within a reasonable period of time as evidenced by an Engineers’ Certificate filed with the Trustee and the Issuer; provided that in each case such certificate of the Consulting Engineer shall set forth the amount of all Costs of such Project which have theretofore been incurred, but which on the Date of Completion is or will be unpaid or unreimbursed.

  • Final Completion Date means the date on which Final Completion occurs.

  • Phase 2 means the second implementation phase of this section, beginning June 1, 2022 and continuing thereafter.

  • Commissioning Date means that date when construction of the contemplated Project is complete, and the Maintenance Term commences;