Deemed Commercial Operation Date definition

Deemed Commercial Operation Date has the meaning given to it in Clause 6.3 (Deemed Commercial Operation Date);
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Deemed Commercial Operation Date has the meaning given to it in Clause 5.5 (Deemed Commissioning).
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Deemed Commercial Operation Date has the meaning given to it in the PPA.
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Examples of Deemed Commercial Operation Date in a sentence

  • NamPower shall pay the Energy Payment to the Seller in respect of the aggregate amount of Net Energy based on the Monthly Generation Forecast (as per 12.1.1) in respect of the Net Energy that was available deemed to be delivered to NamPower commencing from the Deemed Commercial Operation Date, which output shall be measured in kWh at the end of each month of delay or part thereof thereafter.

  • Subject to and in accordance with the terms and conditions of this Agreement, the Seller commits to sell and supply at the Delivery Point and NamPower commits to take and purchase at the Delivery Point all Net Energy generated (or deemed to have been generated) by the Power Plant as from the Commercial Operation Date (or the Deemed Commercial Operation Date).

  • On and from the Commercial Operation Date or if earlier, the Deemed Commercial Operation Date: the Project Company shall in good faith provide declarations of the Available Capacity and Energy forecasts to the Buyer each day; and the Buyer shall respond with Dispatch Instructions, in each case in accordance with the Codes and Operating and Dispatch Procedures.

  • The Parties acknowledge that on and from the Commercial Operation Date or if earlier, the Deemed Commercial Operation Date, property in and title to the Check Meter shall transfer to the Buyer free from liens and other encumbrances.

  • Prior to the Commercial Operation Date or if earlier, the Deemed Commercial Operation Date, the Project Company shall at its sole cost and expense install, test and calibrate the Main Meter and the Check Meter at the Delivery Point.

  • On or before the Effective Date, the Project Company shall provide to the Buyer security (the "Construction Security") to ensure that the Commercial Operation Date (or Deemed Commercial Operation Date (if any)) is achieved by the Commercial Operation Longstop Date.

  • On and from the Commercial Operation Date (or if earlier, the Deemed Commercial Operation Date) and subject to and in accordance with this Agreement, the Project Company shall sell exclusively to the Buyer and the Buyer shall purchase all Energy produced by the Facility up to the Contracted Capacity, save that nothing in this Agreement shall oblige the Project Company to Operate or Maintain the Facility outside of the Technical Limits.

  • Billing and Payment2 On or before the fifth (5th) day of each month following the month in which the Commercial Operation Date or Deemed Commercial Operation Date occurs, the Project Company shall prepare and deliver to the Buyer an Invoice showing the Energy Charges and any Deemed Energy Payments (in the Nominated Currency) payable to the Project Company for the preceding month.

  • On and from the Commercial Operation Date or if earlier the Deemed Commercial Operation Date: the Project Company shall own, Maintain, replace, test and calibrate the Main Meter; and the Buyer shall own, Maintain, replace, test and calibrate the Check Meter.

  • Balachowski (2006) showed that by applying stress from both top and bottom relatively small boundary effects were obtained for Rd = 15 in a clean quartz sand (with moderate compressibility) at a medium dense state (relative density 50 %).To conclude, the boundary effects in the loose and relatively compressible tailings will be closely analyzed in the LTU calibration chamber research.

Related to Deemed Commercial Operation Date

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

  • 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.

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

  • 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.

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

  • 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:

  • 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.

  • 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).

  • 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.

  • Railway Operation Date means the date of the first carriage of iron ore, freight goods or other products over the relevant Railway (other than for construction or commissioning purposes);

  • Operational Period means the Certificate’s actual term of validity, beginning with the start of the Validity Period and ending on the earlier of: (i) the end of the Validity Period disclosed in the Certificate; or (ii) the revocation of the Certificate.

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Billing Commencement Date means the earlier of:

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

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

  • Operational Date means the date on which a union school district

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

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

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • 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.

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

  • Service Date or "SD" means the date service is made available to the End User Customer. This also is referred to as the "Due Date."