Guaranteed Initial Delivery Date definition

Guaranteed Initial Delivery Date means March 31, 2013 for a minimum of 5 MW; and September 30, 2014 for a total of up to 30 MW; provided however, that the Guaranteed Initial Delivery Date shall be extended on a day-for-day basis for up to twelve (12) months to the extent that the Initial Delivery Date is delayed as a result of Force Majeure Event or an action or inaction of Company that would reasonably cause a delay in the ability of the QFCP Generator to achieve the dates and respective MW requirements set forth in this definition.

Guaranteed Initial Delivery Date is the date set forth in Section 2.7 for the Project.

Guaranteed Initial Delivery Date has the meaning set forth in the QFCP-RC Tariff.

Examples of Guaranteed Initial Delivery Date in a sentence

• In order to meet each Guaranteed Initial Delivery Date, Seller shall use reasonable efforts to meet the construction milestones set forth on Appendix 6.1(a) (“Milestone Schedule”) and avoid or minimize any delays in meeting such Milestone Schedule.

• The Guaranteed Initial Delivery Date for the Project is [insert date] (“Guaranteed Initial Delivery Date”).

• If Seller satisfies the conditions precedent for the Initial Delivery Date prior to the applicable Guaranteed Initial Delivery Date, then such earlier date shall be the Initial Delivery Date under this Agreement.

• If Seller has not satisfied the conditions precedent for the Initial Delivery Date of the Project by the applicable Guaranteed Initial Delivery Date, Seller shall owe to Buyer the applicable Daily Delay Damages for each day of delay, up to a maximum of one hundred and eighty (180) days of delay (the “Cure Period”).

• Notwithstanding Section 27.1.1 of this Agreement, at any time on or after the date on which the Buyer makes its filing seeking CPUC Approval of this Agreement, either Party shall be permitted to disclose the following terms with respect to this Agreement: Party names, resource type, Delivery Period, Project location, Contract Capacity, Guaranteed Initial Delivery Date and Energy Delivery Point.

More Definitions of Guaranteed Initial Delivery Date

Guaranteed Initial Delivery Date means the date six (6) months after the Expected Initial Delivery Date, as set forth in Section 2.3(b).

Guaranteed Initial Delivery Date has the meaning set forth in the QFCP-RC Tariff. “Guidance” means the guidance issued on July 9, 2009, by the Treasury for payments for specified energy property in lieu of tax credits under the American Recovery and Reinvestment Act of 2009 (as updated on March 15, 2010 and in April 2011), the Frequently Asked Questions and Answers issued by the Treasury on January 8, 2010 and June 25, 2010, as updated in April 2011, and any other guidance or clarification, addition or supplement thereto issued by the Treasury or any other Governmental Authority.

Guaranteed Initial Delivery Date means December 1, 2014.

Guaranteed Initial Delivery Date means June 1, 2024; provided, however, that the Guaranteed Initial Delivery Date shall be extended on a day-for-day basis for up to six (6) months to the extent that the Initial Delivery Date is delayed as a result of a Force Majeure Event.

Guaranteed Initial Delivery Date means April 30, 2010; provided however, that the Guaranteed Initial Delivery Date shall be extended on a day-for-day basis for up to twelve (12) months to the extent that the Initial Delivery Date is delayed as a result of Force Majeure Event.

Guaranteed Initial Delivery Date means June 1, 2014.

Guaranteed Initial Delivery Date means the Initial Delivery Date as included in Attachment 2, Facility Information; provided however, that the Guaranteed Initial Delivery Date shall be extended on a day-for day basis for up to six (6) months to the extent that the seller compensates the Buyer Delay Damages.