Phase 2 Commercial Operation Date definition

Phase 2 Commercial Operation Date means the Commercial Operation Date for Phase 2.
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Examples of Phase 2 Commercial Operation Date in a sentence

  • This finding denotes that HRIS learning process has resulted in KCB becoming more attractive in the job market.With an aggregate of 79.7%, majority of the respondents agreed that HRIS learning process in their bank has resulted in more cost and resources effectiveness in the organization.

  • With respect to any day after the Required Phase 2 Commercial Operation Date, Project Company will not be liable for Phase 1 delay liquidated damages to the extent it is paying Phase 2 delay liquidated damages for such day.

  • If the Phase 2 Commercial Operation Date has not occurred by the Required Phase 2 Commercial Operation Date, the Project Company shall pay GPA, as liquidated damages, for the delay in Phase 2 Commissioning a sum equal to US$240,000 for each Day of delay or fraction thereof.

  • If the Phase 2 Commercial Operation Date has not occurred by the Required Phase 2 Commercial Operation Date, the Project Company shall pay GPA, as liquidated damages, for the delay in Phase 2 Commissioning a sum equal to US$ [ TBD ] for each Day of delay or fraction thereof.

  • Project Company shall submit its desired schedule of Scheduled Outage periods (including the duration of each such period) to GPA six (6) months before the Required Phase 2 Commercial Operation Date and thereafter on [ ] 1st of each calendar year.

  • The Phase 1 Commercial Operation Date and the Phase 2 Commercial Operation Date shall occur and payment for Capacity Charges shall commence as of the first Day after the Day the relevant Phase is Commissioned.

  • Not less than sixty (60) Days prior to each of the Expected Phase 1 Commercial Operation Date and Phase 2 Commercial Operation Date, Project Company will deliver to GPA in writing the final program for testing, including the expected duration of Project Company's start-up and testing program and a tentative schedule for conducting all tests required by Schedule 4.

  • Facility after the Commercial Operation Date The following provisions with respect to Testing the Facility after the Phase 2 Commercial Operation Date shall apply: Dependable Capacity shall be tested annually (at Project Company’s cost) after the Phase 2 Commercial Operation Date at times mutually agreed upon by Project Company and GPA.

  • Facility after the Commercial Operation Date The following provisions with respect to Testing the Facility after the Phase 2 Commercial Operation Date shall apply: Dependable Capacity shall be tested annually after the Phase 2 Commercial Operation Date at times mutually agreed upon by Project Company and GPA.

Related to Phase 2 Commercial Operation Date

  • Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

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

  • Commercial Operation means the condition of operation in which the complete equipment covered under the Contract is officially declared by the Owner to be available for continuous operation at different loads up to and including rated capacity. Such declaration by the Owner, however, shall not relieve or prejudice the Contractor of any of his obligations under the Contract.

  • Date of Commercial Operation or “COD” means

  • Commercial Operations Date or "COD": The date on which Facility first achieves Commercial Operations.

  • Commence commercial operation means, with regard to a unit that serves a generator, to have begun to produce steam, gas, or other heated medium used to generate electricity for sale or use, including test generation subject to the following:

  • Guaranteed Commercial Operation Date has the meaning set forth in Section 3.9(c)(i).

  • Commercial Operation Date (COD) means the date certified by the DISCOM’s committee upon successful commissioning (as per provisions of the PPA) of the project when all equipments as per rated capacity have been installed and energy has flown into the grid.

  • Commercial Operations Upon satisfaction of the following conditions, the Facility shall be considered to have achieved Commercial Operations on the Day specified in Seller's written notice described below: (i) the Acceptance Test has been passed, (ii) all generating units have passed Control System Acceptance Tests, (iii) the Transfer Date has occurred, (iv) Seller has (1) provided to Company the Required Models (as defined in Section 6(a) (Seller's Obligation to Provide Models) of Attachment B (Facility Owned by Seller)) in the form of Source Code, (2) placed the current version of the Source Code for the Required Models with the Source Code Escrow Agent as required in Section 6(b)(i)(A) (Establishment of Source Code Escrow) of Attachment B (Facility Owned by Seller), or (3) if Seller is unable to arrange for the placement of the appropriate Source Code into the Source Code Escrow account, placed the required funds with the Monetary Escrow Agent as required in Section 6(b)(ii)(A) (Establishment of Monetary Escrow) of Attachment B (Facility Owned by Seller), and (v) Seller provides Company with written notice that (aa) Seller is ready to declare the Commercial Operations Date and (bb) the Commercial Operations Date will occur within 24 hours (i.e., the next Day).

  • Commercial Operator means the person appointed by MDL as commercial operator of the Maui Pipeline from time to time.

  • Initial Operation means the first integral operation of the complete equipment covered under the Contract with the sub-system and supporting equipment in service or available for service.

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

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

  • 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;

  • Billing Commencement Date means the earlier of:

  • 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.

  • Substantial Completion Date means the date on which Substantial Completion occurs.

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Project Start Date means the first Milestone Start Date specified in Schedule B;

  • 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.

  • 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.

  • Final Completion Date means the date on which Final Completion occurs.

  • 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;

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

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • 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;