Decommissioning Date definition
Examples of Decommissioning Date in a sentence
Project Decommissioning Date the date when the final wind turbine for the Project is ‘decommissioned’ in accordance with the conditions of the Project Consent.
If the Decommissioning Process has not been completed within 120 days after the Substitute Premises Commencement Date (the “Outside Decommissioning Date”), then, during the period from the Outside Decommissioning Date to the date Tenant completes the Decommissioning Process, Tenant shall be required to pay Base Rent and Tenant’s Share of Direct Expenses for the Original Premises at the rate applicable immediately prior to the Substitute Premises Commencement Date.
Except as otherwise agreed upon by the Parties pursuant to a flare plan and interim gas collection system upgrade plan, until the earlier of (i) the Commercial Operation Date or (ii) the third anniversary of the Decommissioning Date, RGS shall not be required to take any action, to expend any funds or to incur any liabilities in excess of those contained in the Operating Plan and Budget.
Following the earlier of (i) the Commercial Operation Date or (ii) the third anniversary of the Decommissioning Date and for the remaining term of this Agreement, RGS shall provide at its expense expansions of or capital improvements to, or replacements of, all items comprising the Gas Collection Systems necessary to collect and process Landfill Gas produced at the Landfill and to convey such Landfill Gas to the Demarcation Point.
If the Participating Public Entities believe the Decommissioning Date has occurred and that TMPA has not timely given a Decommissioning Date Notice, the Participating Public Entities may give a Decommissioning Date Notice to the Escrow Agent and TMPA.
If the Full Decommissioning Date has not occurred by January 1, 2023, Landlord shall use commercially reasonable efforts promptly to remove any Hazardous Materials in the Expansion Storage Space and to obtain such written confirmation reasonably acceptable to Tenant from the County of San Mateo and any other applicable government authority.
Effective as of the Full Decommissioning Date, the Expansion Storage Space shall be deemed part of the Original Storage Space under the Original Lease and, except as set forth herein, the use and occupancy of the Expansion Storage Space will be subject to the same terms and conditions as the Original Storage Space under the Original Lease and the Expansion Storage Space and the Original Storage Space shall together constitute the “Storage Space” under the Lease.
The New LTO Spare Parts which have not been used in connection with or installed in the LTO Units on the Decommissioning Date, as adjusted by this Clause 5.3(A), will be the “New LTO Spare Part Residual Stock”.
In addition to the Storage Space (“Original Storage Space”) leased under the Original Lease, effective as of the Full Decommissioning Date (as defined below), Tenant shall, at no additional cost, lease form Landlord and Landlord shall lease to Tenant, that certain storage area (“Expansion Storage Space”) which shall be in the location depicted on Exhibit B.
The Tenant shall pay the Decommissioning Rent from the Decommissioning Date until the end of the term.