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).
Guaranteed Commercial Operation Deadline has the meaning set forth in Section 2.6.
Guaranteed Commercial Operation Deadline is December 31, [ ].

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.

  • 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).

  • 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.

  • 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.

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

  • Guaranteed Commercial Operation Deadline: The guaranteed deadline for Commercial Operation for the Project is December 31, 2025, which date may not be extended.

  • No later than ninety (90) Calendar Days prior to the Guaranteed Commercial Operation Deadline, and no later than May 15th in each calendar year during the Contract Term, Owner shall submit to CHGE the Project’s proposed schedule of Outages planned for maintenance of the Project (“Planned Outage”), for the thirty-six (36) month period following the date such schedule is provided (“Outage Schedule”).


More Definitions of Guaranteed Commercial Operation Deadline

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.
Guaranteed Commercial Operation Deadline is December 31, 2025.

Related to Guaranteed Commercial Operation Deadline

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

  • 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.

  • 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.

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

  • 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.

  • Completion Deadline means the date by which the Arrangement is to be completed, which date shall be April 30, 2014 or such later date as may be agreed to in writing by the Parties;

  • Guaranteed Substantial Completion Date or “Guaranteed Substantial Completion Dates” has the meaning set forth in Section 5.3B.

  • 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).

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.

  • 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.

  • Offering Commencement Date means the first day of each Offering Period.

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

  • 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.

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Billing Commencement Date means the earlier of:

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Phase II Study means a study in humans of the safety, dose ranging or efficacy of a product, as further defined in 21 C.F.R. § 312.21(b) (or the equivalent thereof outside the United States).

  • Offer Commencement Date means the date on which Purchaser commences the Offer, within the meaning of Rule 14d-2 under the Exchange Act.

  • Substantial Completion Date means the required date for Substantial Completion of the Project. The Substantial Completion Date can be adjusted only by written Change Order.

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

  • Guaranteed Construction Start Date means the Expected Construction Start Date, as such date may be extended by the Development Cure Period.

  • Phase III Study means a human clinical trial that is prospectively designed to demonstrate statistically whether a product is safe and effective for use in humans in a manner sufficient to obtain regulatory approval to market such product in patients having the disease or condition being studied as described in 21 C.F.R. § 312.21(c) (FDCA), as amended from time to time, and the foreign equivalent thereof.

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);