Operational Project definition

Operational Project means any Project that has: (i) achieved commercial operations in accordance with the terms of its applicable construction agreement, power sales agreement or interconnection agreement, as the case may be; and (ii) generated operating revenue from the sale of electricity or transmission services under its applicable power sales agreement or transmission services agreement.
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Operational Project shall have the meaning set forth in Section 11.3 of Schedule A-11.3.
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Operational Project means any Project which is operational as defined under the terms of the agreement with the relevant Client;
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Examples of Operational Project in a sentence

  • Risk Management will form part of the Strategic, Operational, Project and Line Management responsibilities and where possible, be incorporated within the Shire’s Integrated Planning Framework.

  • Vendor's appointment of any Vendor Operational Project manager will be subject to review by Prudential and mutually agreed upon by the parties in writing.

  • Vendor’s appointment of any Vendor Operational Project Manager will be subject to review by Prudential and mutually agreed upon by the parties in writing.

  • For this purpose, an Operational Project Implementation Unit (OPIU) has been set up at the Commissionerate of Industries and Commerce, Bamunimaidam, Guwahati.

  • Work began in 2015, when the oppor- tunity to finance the project from the funds of the Regional Operational Project of the Pomeranian Voivodeship for 2014–2020 appeared.

  • Where the Approved Project is an Operational Project, the final report must be submitted within sixty (60) days of completion of the project.

  • Mr. Xxxxxxxx xxx Ms. Xxxxxx, Xxpublic National Bank and AT&T shall have executed their respective side letters as set forth in Exhibit H hereto.

  • This Manual for Strategic and Operational Project Cycle Management (PCM) aims at im- proving Accountability for Results in SDC Financial Sector Development (FSD) cooperation projects.

  • Detailed implementation modalities will be described insubsequent Operational Project Documentation, and will be dependent on practical realities in the field, as presented in the detailed Inception Report, due within 4 months of start-up.

  • PolicyIt is the Shire’s Policy to achieve best practice (aligned with AS/NZS ISO 31000:2009 Risk management), in the management of all risks that may affect the Shire, its customers, people, assets, functions, objectives, operations or members of the public.Risk Management will form part of the Strategic, Operational, Project and Line Management responsibilities and where possible, be incorporated within the Shire’s Integrated Planning Framework.

Related to Operational Project

  • Operational Plan means a Forest Stewardship Plan, Woodlot Licence Plan, a Range Use Plan, or Range Stewardship Plan, as those terms are defined in provincial forest and range legislation;

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • Project area budget means a multiyear projection of annual or cumulative

  • Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following:

  • Constructional Plant means all appliances or things whatever nature required in or about the execution, completion or maintenance of the works or temporary works (as hereinafter defined) but does not include materials or other things intended to form or forming part of the permanent work or temporary housing, hutting, office, stores, etc.,

  • Ongoing Project means a multi-year project undertaken by a Company in fulfilment of its CSR obligation having timelines not exceeding three years excluding the financial year in which it was commenced, and shall include such project that was initially not approved as a multi-year project but whose duration has been extended beyond one year by the board based on reasonable justification;

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Production Operations means all operations conducted for the purpose of producing Petroleum from the Development Area after the commencement of production from the Development Area including the operation and maintenance of all necessary facilities therefor.

  • Original Project means the Project described in the Original Financing Agreement.

  • The Project Site, where applicable, means the place or places named in the SCC.

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Operating Budget has the meaning given in Section 3.11(a).

  • Redevelopment project means a specific construction project

  • Project Site(s) means the place(s) specified in the SCC for the supply and installation of the System.

  • generating plant means the generating facility described in Schedule 1 as amended from time to time;

  • The Works/Project means the works to be executed or done under this contract.

  • Project area plan means a written plan that, after its effective date, guides and controls the development within a project area.

  • The Works/ Project means the works to be executed or done under this contract.

  • operating site means a site, other than an aerodrome, selected by the operator or pilot-in-command or commander for landing, take-off and/or external load operations;

  • Pilot project means an innovative environmental project that covers one or more designated facilities, designed and implemented in the form of an EMSA. (See Section 52.3 of the Act.)

  • NCZ Examined Project means any Generator or UDR project that is not exempt pursuant to 23.4.5.7.8 and either (i) is in a Class Year on the date the Commission accepts the first ICAP Demand Curve to apply to a Mitigated Capacity Zone or (ii) meets the criteria specified in 23.4.5.7.3(II). An NCZ Examined Project may be at any phase of development or in operation or an Installed Capacity Supplier.For purposes of Section 23.4.5 of this Attachment H, “Net CONE” shall mean the localized levelized embedded costs of a peaking unit in a Mitigated Capacity Zone, net of the likely projected annual Energy and Ancillary Services revenues of such unit, as determined in connection with establishing the Demand Curve for a Mitigated Capacity Zone pursuant to Section 5.14.1.2 of the Services Tariff, or as escalated as specified in Section 23.4.5.7 of Attachment H.