Guaranteed Commercial Operation Deadline definition

Guaranteed Commercial Operation Deadline has the meaning set forth in Section 2.06. “Guaranteed Ramp Rate” has the meaning set forth in Section 6.03(d).
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Guaranteed Commercial Operation Deadline has the meaning set forth in Section 2.6.
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Guaranteed Commercial Operation Deadline is December 31, [ ].
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Examples of Guaranteed Commercial Operation Deadline in a sentence

  • Failure to achieve Commercial Operation on or before the Guaranteed Commercial Operation Deadline shall constitute an Event of Default by Owner.

  • In no event will the Substantial Completion Deadline be extended beyond the Guaranteed Commercial Operation Deadline.

  • The “Substantial Completion Deadline” is September 1, 2022, which date may be extended due to Force Majeure up to the Guaranteed Commercial Operation Deadline.

  • Owner shall undertake such activities in sufficient time to achieve Commercial Operation of the Project by the Guaranteed Commercial Operation Deadline and CHGE will reasonably cooperate with Owner to meet such deadline.

  • This Agreement shall terminate automatically at midnight on the Guaranteed Commercial Operation Deadline if Commercial Operation has not occurred on or before the Guaranteed Commercial Operation Deadline, and Owner shall owe to CHGE a Termination Payment calculated in accordance with Section 10.3(a)(i).

  • Agreement execution timing subject to change depending on the Agreement modification requested and issues requiring negotiations but will not impact the Guaranteed Commercial Operation Deadline.

  • The “Substantial Completion Deadline” is September 1, 2025, which date may be extended due to Force Majeure up to the Guaranteed Commercial Operation Deadline.

  • Either Party shall be permitted to disclose the following terms with respect to this Agreement: (A) Party names, (B) technology type, (C) Delivery Period, (D) Project location, (E) Contract Capacity, (F) Guaranteed Commercial Operation Deadline, and (G) the Project’s expected electric energy deliveries.

  • Owner shall undertake such activities in sufficient time to achieve Commercial Operation of the Project by the Guaranteed Commercial Operation Deadline and RG&E will reasonably cooperate with Owner to meet such deadline.

  • Preference will be given to Offers that most closely adhere to the Agreement to ensure timely execution of the Agreement and the Commercial Operation of the Project prior to the Guaranteed Commercial Operation Deadline.


More Definitions of Guaranteed Commercial Operation Deadline

Guaranteed Commercial Operation Deadline is December 31, 2025.
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Guaranteed Commercial Operation Deadline. The guaranteed deadline for Commercial Operation for the Project is December 31, 2028, which date may not be extended. Failure to achieve Commercial Operation by such date constitutes an Event of Default by Owner and will result in the automatic termination of the ESSA.
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Related to Guaranteed Commercial Operation Deadline

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

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

  • 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 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