Operational Period Commencement Date definition

Operational Period Commencement Date. June 16, 2027; provided, however, that if the date upon which the Original Power Sales Contracts terminate is extended pursuant to Section 26.1 of the Original Power Sales Contracts, then the Operational Period Commencement Date shall be the date that is next succeeding the date upon which the Original Power Sales Contracts terminate in accordance with their terms.
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Operational Period Commencement Date has the meaning ascribed to such term in the Sale Agreement.
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Operational Period Commencement Date means January 6, 2023 or such earlier date that the Contractor assumes full accountability for the provision of the Work as may be agreed to by the Parties in writing.
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Examples of Operational Period Commencement Date in a sentence

  • Contractor will give SSS at least fifteen (15) days prior written notice of the anticipated Operational Period Commencement Date, and SSS agrees to acknowledge such date in writing.

  • For purposes of this Agreement, the period of time from the Mobilization Date to the Operational Period Commencement Date shall be referred to as the “Mobilization Period.” Any references in this Agreement to the “Term of the Agreement” or the “Term” shall mean the period of time from the Effective Date until the expiration of the Operational Period, as the same may be extended as provided herein.

  • The period beginning on the Operational Period Commencement Date and ending upon the date that all Renewal Power Sales Contracts shall terminate.

  • Effective from and after the Operational Period Commencement Date, each Seller hereby assigns and transfers to each California Purchaser, and each such California Purchaser hereby accepts such assignment and transfer of that portion of each such Seller’s entitlement to the Northern Transmission System under Section 10.2 of its Renewal Power Sales Contract that is equal to such California Purchaser’s Purchase Percentage of such Seller’s Assigned Northern Transmission System Entitlement.

  • Without limiting the generality of the foregoing, Contractor shall skillfully and competently carry out the Transition Activities to the satisfaction of Niagara Region during the Transition Period in order to achieve a state of readiness for the assumption of accountability for the Work on or before Operational Period Commencement Date.

  • In total, forty- four respondents answered our survey questionnaire.

  • In the case of the Operations Contract, the Transition Period (as defined therein) will commence as at the Effective Date (as defined therein) and expire as at the Operational Period Commencement Date (as defined therein).

  • The period commencing with the Operational Period Commencement Date and ending on the day before the fifth (5th) anniversary thereof shall be referred to herein as the “ Operational Period.” Each consecutive twelve (12) month period during the Operational Period which commences with the Operational Period Commencement Date or an anniversary thereof shall be referred to as an “ Operational Year.” 1.3 Title to Plant and Equipment During the Term.

  • For greater certainty, no payments will be due to the Contractor during the period from the start of the Term of this Contract and the Operational Period Commencement Date (i.e, during the Transition Period) it being understood that period of time exists to allow the Contractor to prepare for commencement of Work at Contractor’s expense.

  • June 16, 2027; provided, however, that if the date upon which the Original Power Sales Contracts terminate is extended pursuant to Section 26.1 of the Original Power Sales Contracts, then the Operational Period Commencement Date shall be the date that is next succeeding the date upon which the Original Power Sales Contracts terminate in accordance with their terms.

Related to Operational Period Commencement Date

  • Operational Period means a period starting with the date and time a Certificate is issued (or on a later date and time certain if stated in the Certificate) and ending with a date and time at which the Certificate expires or is earlier revoked.

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

  • Billing Commencement Date means the earlier of:

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

  • 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.

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • the commencement date means the date on which the Contract shall take effect, as notified by the Authority to the Contractor in a letter awarding the Contract.

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.

  • Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

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

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

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

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.

  • Commencement Date means the date of this Agreement.

  • Services Commencement Date means the date delivery of the Services shall commence as specified in the Key Provisions. If no date is specified in the Key Provisions this date shall be the Commencement Date;

  • Service Commencement Date in respect of a Service or a particular instance of a Service means the date on which that particular Service or particular instance of a Service is first provided to the Customer, or as otherwise explicitly set out in this Agreement;

  • Pay Out Commencement Date means the date on which a Trust Pay Out Event is deemed to occur pursuant to Section 9.01 of the Agreement or a Series 2001-D Pay Out Event is deemed to occur pursuant to Section 7 hereof.

  • Commencement Date or Handover Date means the date on which the Licensed Space of first lot of stations as per Annexure 1 is handed over by DMRC to the Selected Bidder, in accordance with the terms of this agreement.

  • Scheduled Commercial Operation Date shall have the meaning ascribed to it in Clause 5.4.1;

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

  • Interest Commencement Date means the Issue Date of the Notes or such other date as may be specified as the Interest Commencement Date in the relevant Final Terms;

  • Commencement Date of the Contract means the date of signing of the Contract between the Purchaser and the Contractor.

  • Policy Commencement Date means the date of commencement of the Policy as specified in the Schedule.