Full Commercial Operation definition

Full Commercial Operation means the date following the day upon which the latest of the following events occurs:
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Full Commercial Operation means the delivery by Seller to Buyer of a certification from an officer of Seller certifying that all of the following have occurred:
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Full Commercial Operation means the fulfillment, to Buyer’s reasonable satisfaction, of all of the following criteria:
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Examples of Full Commercial Operation in a sentence

  • This Proposal is for a contract term of twelve months from the expected Full Commercial Operation Date (as defined in the Draft TPPA).

  • At the end of all Ramp-Up Periods, Seller will notify Buyer in writing that the Full Commercial Operation Date has occurred.

  • Unless terminated in accordance with its terms, this Agreement shall come into force on the date of this Agreement and shall continue in force until the [  ] being the anniversary of the Full Commercial Operation Date.

  • In the Tables of Appendix B, we provide the values of the relative contributions of the reliability and the resolution components of the CRPS, based on the decomposition pro- posed by Hersbach in [56].

  • The Seller fails to complete, abandons or cancels construction of the Plant, or does not achieve the Long Stop Full Commercial Operation Date, unless such failure is attributable primarily to the failure of the government of the Republic of Kenya or instrumentalities of the government of the Republic of Kenya to issue necessary permits to the Plant.

  • The Lease commences on the Full Commercial Operation Date and unless terminated under Part 5, shall terminate on the Lease Expiry Date (the Lease Term).

  • From the Early Generation Commercial Operation Date and prior to the Full Commercial Operation Date and not less than once in every period of twelve (12) months the Seller shall conduct a Contracted Early Generation Capacity Test on the Early Generation Facility.

  • The Contractor shall begin the design, installation, completion, testing and commissioning of the Plant at the latest on the Effective Date to achieve the Full Commercial Operation Date.

  • Lease and Lease Term From the Full Commercial Operation Date, the Contractor leases the Plant to the Client.

  • NOIs and delegation letters for inspectors and/or operators will be submitted to the Agency, signed by an authorized officer of each company and sent certified mail.


More Definitions of Full Commercial Operation

Full Commercial Operation means the Project is operating and able to produce and deliver Energy to Buyer pursuant to the terms of this Agreement with not less than ninety- seven percent (97%) of the Contract Capacity.
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Full Commercial Operation means the condition existing when Seller has fulfilled all of the conditions precedent in Section 2.2 and Section 2.3 of the Agreement with respect to the Guaranteed Capacity and provided Notice to Buyer substantially in the form of Exhibit H (the “Full COD Certificate”). The “Full Commercial Operation
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Related to Full Commercial Operation

  • 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.

  • 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 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.

  • 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.

  • 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.

  • 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).

  • Commercial cannabis activity means the production, cultivation,

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

  • Clinical Director means an individual who meets the minimum requirements set forth in Title 9, CCR, and has at least two (2) years of full-time professional experience working in a mental health setting.

  • Radiopharmaceutical quality assurance means, but is not limited to, the performance of appropriate chemical, biological, and physical tests on potential radiopharmaceuticals and the interpretation of the resulting data to determine their suitability for use in humans and animals, including internal test assessment, authentication of product history, and the keeping of proper records.

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • 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 Manager means Top Tanker Management Inc. of Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MN 96960 or any other person appointed bx xxx Xxxxxxxxx xxxx xxx xxxxx written consent of the Agent as commercial manager of the Ship and includes its successors in title;

  • Commercial Launch means the initial First Commercial Sale of a Product in the Territory.

  • Clinical Development means the conduct of clinical trials in humans to assess the dosing, safety and/or efficacy of the Product, including but not limited to Phase I Clinical Trials, Phase II Clinical Trials, Phase Ill Clinical Trials and Phase IV Clinical Trials.

  • Regional Director means the Regional Director of the Southwestern Region of the Ministry;

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Medical Affairs Activities means, with respect to any country or other jurisdiction in the Territory, the coordination of medical information requests and field based medical scientific liaisons with respect to Licensed Compounds or Licensed Products, including activities of medical scientific liaisons and the provision of medical information services with respect to a Licensed Compound or Licensed Product.

  • In operation means engaged in activity related to the primary design function of the source.

  • 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;

  • First Commercial Sale means the first sale for use or consumption of any Licensed Product in a country after all required Regulatory Approvals for commercial sale of such Licensed Product have been obtained in such country.

  • Medical director means any physician licensed under Iowa Code chapter 148, 150, or 150A who shall be responsible for overall medical direction of the service program and who has completed a medical director workshop, sponsored by the department, within one year of assuming duties.