Initial Delivery Term definition

Initial Delivery Term has the meaning set forth in Section 2.2.
Initial Delivery Term means the number of years specified on Schedule “A” for which Transporter will deliver Shipper’s Gas under the terms of this Agreement;
Initial Delivery Term has the meaning set forth in the Cover Sheet.

Examples of Initial Delivery Term in a sentence

  • If Seller wishes to exercise the Optional Extension Term, Seller must submit a request for extension of the Initial Delivery Term to LADWP in writing, between one hundred and eighty (180) days and sixty (60) days prior to the tenth (10th) anniversary of the Commercial Operation Date.

  • The Parties acknowledge and agree that because of the unique nature of the System and the potential unavailability of a substitute customer for the System, it is difficult or impossible to determine with precision the amount of damages that would or might be incurred by Supplier as a result of Customer’s failure to perform its obligations hereunder for the full Initial Delivery Term.

  • The Delivery Term (“Delivery Term”) under this Agreement shall mean the Initial Delivery Term of 20 years from the In-Service Date and, each successive twelve (12) month period thereafter (each an “Extended Delivery Term”); provided, however, that either Party may terminate the Delivery Term by giving written notice to the other Party at least ninety (90) days prior to the end of the Initial Delivery Term or any Extended Delivery Term, and thereafter the Agreement shall terminate at the end of such term.

  • At the conclusion of the Initial Delivery Term, the Agreement shall automatically renew each year, unless a Party notifies the other Party at least 60 days prior to the expiration of the Initial Delivery Term or each extended year thereafter that it does not wish to renew the Agreement.


More Definitions of Initial Delivery Term

Initial Delivery Term has the meaning ascribed in the TSA;
Initial Delivery Term means the Interconnecting Transportation Reservation Agreement dated, 2014, entered into by Transporter and Shipper in contemplationnumber of entering into this Agreement;

Related to Initial Delivery Term

  • Initial Delivery Date has the meaning set forth in Section 1.1(d).

  • Delivery Term has the meaning set forth in Section 1.1(b).

  • Final Delivery Date means the date the Supplier is entitled to deliver the Products form the Purchaser even if the Products have not been called off as agreed in any Sales Agreement.

  • Contractual Delivery Date means the stipulated date on which the contractor shall attain

  • Locational Deliverability Area or “LDA” shall mean a geographic area within the PJM Region that has limited transmission capability to import capacity to satisfy such area’s reliability requirement, as determined by the Office of the Interconnection in connection with preparation of the Regional Transmission Expansion Plan, and as specified in Reliability Assurance Agreement, Schedule 10.1.

  • Delivery Terms as defined in Section 10.1;

  • Notice Delivery Period means the period from and including the Trade Date to and including the fifth Business Day following the date that is fourteen (14) calendar days after the Extension Date.

  • Final delivery certificate means the document issued by the COE confirming that all the known defects have been rectified and that the works, goods or services appear in good order and have been accepted;

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

  • Delivery Time means the time for Delivery stated in the Purchase Order.

  • Calling Name Delivery Service (CNDS) means a service that enables a terminating End User to identify the calling Party by a displayed name before a call is answered. The calling Party’s name is retrieved from a calling name database and delivered to the End User’s premise between the first and second ring for display on compatible End User premises equipment.

  • Delivery Notice Has the meaning specified in the NPA.

  • Delivery Year means the Planning Period for which a Capacity Resource is committed pursuant to the auction procedures specified in Tariff, Attachment DD, or pursuant to an FRR Capacity Plan under Reliability Assurance Agreement, Schedule 8.

  • Order Form Term means the duration of an Order Form.

  • Delivery Period means that period agreed in writing between the Parties in relation to Delivery of the Product or parts thereof by the Contractor, any delay in which shall be deemed a breach of this Agreement and entitle JOBURG MARKET to exercise its remedies in terms of this Agreement or at law.

  • First Delivery Date means the first date by which the commodity for a Futures Contract can be delivered in order for the terms of the Futures Contract to be fulfilled.

  • Delivery service means the providing of electric transmission or distribution to a retail customer.

  • Delivery Period Expiry Date “Downgraded Facility”, “Downgrade Event”, “Equipment Notes”, “Fee Letter”, “Final Legal Distribution Date”, “Financing Agreement”, “Investment Earnings”, “Liquidity Facility”, “Liquidity Obligations”, “Loan Trustee”, “Non-Extended Facility”, “Note Purchase Agreement”, “Operative Agreements”, “Participation Agreement”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Scheduled Payment”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, and “Underwriting Agreement”.

  • Notice of Completion means a document issued by the Department or Delegated Agency at the end of project construction when all items and conditions of the approved Sediment and Stormwater Management Plan have been satisfied, post construction verification documents demonstrate that the stormwater management systems have been constructed in accordance with the approved Sediment and Stormwater Management Plan, and final stabilization of disturbed areas on the site has been achieved.

  • Mailing Date has the meaning set forth in Section 2.1(a).

  • Delivery Schedule means the schedule for the delivery of Services as set forth in attached Annex 3.

  • Escalation Notice has the meaning set forth in Section 8.02.

  • Final Acceptance Certificate means the certificate that shall be issued by the Engineer to the Contractor upon the satisfactory completion of the contract by the Contractor.

  • Prospectus Delivery Period means such period of time after the first date of the public offering of the Shares as in the opinion of counsel for the Underwriters a prospectus relating to the Shares is required by law to be delivered (or required to be delivered but for Rule 172 under the Securities Act) in connection with sales of the Shares by any Underwriter or dealer.

  • Locational Deliverability Area Reliability Requirement means the projected internal capacity in the Locational Deliverability Area plus the Capacity Emergency Transfer Objective for the Delivery Year, as determined by the Office of the Interconnection in connection with preparation of the Regional Transmission Expansion Plan, less the minimum internal resources required for all FRR Entities in such Locational Deliverability Area.

  • Xxxxx Notice means the Notice of Grant of Stock Option accompanying the Agreement, pursuant to which Optionee has been informed of the basic terms of the option evidenced hereby.