Initial Operation Date definition

Initial Operation Date means the date on which operation of the Project begins for the purposes for which it was planned, designed and constructed.

Initial Operation Date means the date on which Initial Operation is achieved.

Initial Operation Date has the meaning set forth in Section 2.03(b).

Examples of Initial Operation Date in a sentence

• A subsidiary has commitment to pay royalty fees to the Government of the Lao People’s Democratic Republic commencing from the Initial Operation Date to the end of the concession period of the Nam Ngum 2 Hydroelectric Power Project, which will be calculated by multiplying revenue from sales of electricity by the royalty rate for each period as specified under the Concession Agreement.

• Commencing with the Initial Operation Date and continuing for the term of this Agreement, Seller shall pay Buyer, for each hour that the Incidental Energy Price is a negative value, the product of such Incidental Energy Price and the Incidental Energy delivered for each such hour.

• Customer shall provide the Utility reasonable opportunity to inspect the Generation Facility prior to its interconnection and Initial Operation Date and to witness initial testing and commissioning of the Generation Facility.

• The Firm Operation Date shall be the date that is six (6) months after the Initial Operation Date, plus any additional days for Force Majeure as provided in Section 5.04, or as may be agreed to in a writing signed by both Parties.

• This power plant has an installed capacity of 615 MW and achieved its Initial Operation Date (IOD) on March 26, 2011, and thereafter the Commercial Operation Date (COD) on January 1, 2013.

More Definitions of Initial Operation Date

Initial Operation Date. Defined in Subsection 4.3, Start Date.

Initial Operation Date means the date on which the Contractor demonstrates that the Facility has sustained 70% of the steam turbine generator MCR and full Emissions Compliance for a period of 120 consecutive hours;

Initial Operation Date has the meaning set forth in Section 2.03(b). The contents of this document are subject to restrictions on disclosure as set forth herein. Exhibit A Definitions

Initial Operation Date means the date that the Generating Facility starts producing and delivering the Contract Capacity to the Delivery Point.

Initial Operation Date means the date on which the Operator demonstrates that the Utility Plant has sustained 70% of the MCR and full emissions compliance for a period of 120 consecutive hours;

Initial Operation Date means the date selected by Seller to begin Forecasting and delivering the Power Product to Buyer.

Initial Operation Date. Means the date upon which Test Energy deliveries begin.