Examples of Operation Commencement Date in a sentence
The Private Party recognises and acknowledges that SANParks, on the termination of this PPP Agreement after the Operation Commencement Date for whatever reason, requires continuity in the conducting of the Project.
The Private Party shall supply SANParks with an electrical certificate of compliance (CoC) within the month of the 9th anniversary of the Operation Commencement Date.
The Project shall commence on the Operation Commencement Date, and shall endure for the Project Term which is ten (10) years.
The Operation Period shall commence on the Operation Commencement Date and terminate on the earlier of the Expiry Date and the Termination Date.
With effect from the Scheduled Operation Commencement Date and for the duration of the Project Term, the Private Party shall pay to the Institution the PPP Fee, which will be higher of: the amount of R[insert amount] (indexed to CPIX), which amount shall be called the "Minimum PPP Fee"; and [x]% of the Gross Revenue earned in respect of the relevant Project Year, which amount shall be called the "Variable PPP Fee".