Final Commercial Operations Date definition

Final Commercial Operations Date means June 1, 2002, as such date may be extended pursuant to Section 19, in which case such date shall be extended by the period during which a Force Majeure Event impairs or precludes the performance by a Party of its obligations hereunder, but in no event beyond June 1, 2003.
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Final Commercial Operations Date means the first Business Day upon which the Commercial Operations Dates for all Sub Projects (excluding any Sub Project for which the relevant Concession has been terminated, the Associated Infrastructure Project and the Umbrella Project) have occurred (whether on that date or previously);
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Examples of Final Commercial Operations Date in a sentence

  • The Company shall be afforded a reasonable time, but not less than three (3) Months following the earlier of (i) the Final Commercial Operations Date or (ii) the permanent cessation of construction of the second Unit, to re-export any such items or equipment required to be re-exported by the GOL.

Related to Final Commercial Operations Date

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

  • 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.

  • Date of Commercial Operation or “COD” means

  • 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.

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.