First Operational Year definition

First Operational Year means the period commencing from the Commissioning and expiring at the end of the Calendar Month in which Project completes twelve (12) Months from the COD of PPA Capacity;
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First Operational Year means the period commencing from the Initial Part Commissioning and expiring at the end of the Calendar Month in which Project completes twelve (12) Months from the COD;
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First Operational Year means the period commencing from the SCOD and expiring at the end of the Calendar Month in which Project completes twelve (12) Months from the SCOD;
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Examples of First Operational Year in a sentence

  • Quoted Tariff for First Operational Year shall be applicable for the period from Initial Part Commissioning till the end of 25th Operational year.

  • For the First Operational Year the Expected Performance Output for the combined locations is as set forth in the schedule below.

  • FY21 Budget (First Operational Year) 65FY21 Revenue 69FY21 Breakeven Budget 70FY21 Breakeven Budget Revenue 74FY20 Cash Flow Analysis (Planning Year) 75FY21 Cash Flow Analysis (First Operational Year) 81FY22 Cash Flow Analysis (Second Operational Year) 877B.

  • Positions will shift to salary at the beginning of the First Operational Year – in July of 2004.Consultant Salaries: Curriculum Development, evaluation, or other educational program consulting calculated at $2,000 in the preoperational year, and $2,000 in subsequent years.Benefit and Taxes.


More Definitions of First Operational Year

First Operational Year means one year from the commissioned date.
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First Operational Year means the period commencing from the Initial Part Commissioning and expiring at the end of the Calendar Month in which Project completes [insert number of months in words] (XX) Months from the COD of PPA Capacity;
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First Operational Year means the twelve (12) month period commencing from the Effective Date;
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Related to First Operational Year

  • 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.

  • Operational Plan means a Forest Stewardship Plan, Woodlot Licence Plan, a Range Use Plan, or Range Stewardship Plan, as those terms are defined in provincial forest and range legislation;

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

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

  • Annual Period has the meaning stated in Section 4.3(e).

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

  • Academy Financial Year means the academic year from 1st of September to 31st of August in any year;

  • 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.

  • Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.