Operations Year definition

Operations Year means a twelve month period beginning at 12:00 am on an anniversary of the Commercial Operations Date and ending at 11:59 pm on the day immediately preceding the next anniversary of the Commercial Operations Date, provided that the first Operations Year shall begin on the Commercial Operations Date.

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Operations Year means October 1 through September 30 of each year.

Operations Year means January 1 through December 31 annually.

Examples of Operations Year in a sentence

• Determination of the amount of energy that would have been produced following the Relocation Event shall be based, during the first Operations Year, on the estimated levels of production and, after the first Operations Year, based on actual operation of the Project in the same period in the previous Operations Year, or based on reasonable data offered by Provider if the Project was offline for any reason during such previous Operations Year.

• Determination of the amount of energy that would have been produced during the period of the shutdown shall be based, during the first Operations Year, on reasonably estimated levels of production and, after the first Operations Year, based on actual operation of the Project during the same period in the previous Operations Year, or based on reasonable data offered by Provider if the Project was offline for any reason during such previous Operations Year.

More Definitions of Operations Year

Operations Year means each 12-month period beginning on the Commercial Operation Date of each System and each anniversary thereof.

Operations Year means May 1 through April 30 of each year.

Operations Year means a twelve month period beginning at 12:00 am on an anniversary of the Commercial Operation Date and ending at 11:59 pm on the day immediately preceding the next anniversary of the Commercial Operation Date, provided that the first Operations Year shall begin on the Commercial Operation Date.

Operations Year means: for the first Operations Year, the period commencing at the start of the Trading Day that starts on the Commercial Operations Date and ending at the end of the Trading Day ending on the next 1 October; subject to paragraph (c) of this definition, each subsequent 12 Month period during the Operations Period commencing at the start of the Trading Day which commences on 1 October and ending at the end of the Trading Day ending on 1 October of the following calendar year; and for the final Operations Year, the period commencing at the end of the last full Operations Year (as identified in paragraph (b) of this definition) and ending on the end of the last Trading Day of the Term.

Operations Year means: for the first Operations Year, the period commencing on the first day after the Commercial Operations Date until the next 30 June; subject to paragraph (c), each subsequent Financial Year; and for the final Operations Year, the period from the end of the last full Financial Year (as identified in paragraph (b) of this definition) to the end of the Term. Opt-Out Year means each: Financial Year (if any) for which an Annual Floor, Annual Ceiling and Annual Payment Cap of “Nil” or “zero” is specified in items 21 to 23 of the Reference Details respectively; and Operations Year of each Opt-Out Period the subject of an Option exercised under clause 14.2. Option has the meaning given in clause 14.2.

Operations Year means a [NUMBER OF MONTHS 6] period beginning at [START TIME] on an anniversary of the Commercial Operations Date and ending at [END TIME] on the day immediately preceding the next anniversary of the Commercial Operations Date, provided that the first Operations Year shall begin on the Commercial Operations Date.

Operations Year means March 1 through February 28 or 29 of each year.