Project Commercial Operation definition

Project Commercial Operation means Commercial Operation with respect to the Project.
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Project Commercial Operation means the achievement of Project Substantial Completion (as such term is defined in the TEPC).
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Project Commercial Operation shall have the meaning ascribed to such term in Section 7.4(D) of the Supply Agreement.
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Examples of Project Commercial Operation in a sentence

  • Seller shall provide Buyer with monthly progress reports, including projected time to the Project Commercial Operation Date and each Unit Group Commercial Operation Date, and Buyer shall have the right, during business hours and upon reasonable Notice, to inspect the construction site and monitor construction of the Project.

  • In this third request, TBE requested the Project Commercial Operation Date be extended another two years to June 2023.

  • A year later, in December 2017, TBE requested a subsequent 3-year extension of the Project Commercial Operation Date from April 15, 2018 to April 15, 2021.

  • At least three (3) months prior to issuance of the EPC Notice to Proceed by Seller to the EPC Contractor, Seller shall provide Buyer a construction schedule detailing the schedule and construction milestones for completing the Project and each of the Units and reaching the Project Commercial Operation Date, the Initial Delivery Date and each Unit Group Commercial Operation Date.

  • Its competence shall embrace the programme measures within the limits of the Community aid granted.

  • Section 30.4.4.5.2 of Attachment X to the OATT.determined that TBE had demonstrated a sufficient amount of progress to allow extension of the Project Commercial Operation Date under the “reasonable progress” standard in Section 30.4.4.5.2 of Attachment X to the OATT.

  • In connection with the sale of Pre-Initial Delivery Date Products, Seller shall provide Buyer with a schedule (which shall be non-binding but shall be prepared in good faith) of the projected Project Commercial Operation Date and Unit Group Commercial Operation Dates for all Units and the projected quantities of Products to be delivered from such Units on and after their Unit Group Commercial Operation Dates no later than thirty (30) days after the first of the Turbine Contracts are executed.

  • No later than sixty (60) days prior to the earlier of the first Unit Group Commercial Operation Date and the Project Commercial Operation Date, if the Seller shall not be the operator of the Project, Seller shall notify Buyer of such operator, and shall confirm that the agreement between Seller and such operator shall require the operator to operate the Project in accordance with the terms of this Agreement.

  • The Contract Fee shall be paid on the following schedule:• 50% of Contract Fee paid upon execution of a Net Meter Credit Agreement, Purchase & Sales Agreement (“PNS”), or whatever other similar agreement is entered into between East Providence and Respondent.• 50% of Contract Fee paid upon Project Commercial Operation Date (“COD”).

  • The schedule of work for the Interconnection Customer is: Initial Back-feed through Project Substation Date 09/01/2022 Project Commercial Operation Date 12/31/2022 “EKPC Facility Connection Requirements” rev.

Related to Project Commercial Operation

  • 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.

  • 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).

  • 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:

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

  • 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.

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

  • Date of Commercial Operation means the date on which the (nuclear or non-nuclear) power plant has successfully passed all performance and operational tests required by the end customer for commercial operation. In all other cases the warranty shall apply for twenty-four (24) months from delivery of the goods or performance of the services, or such longer period of time as customarily provided by Supplier, plus delays such as those due to non-conforming goods and services. The warranties shall apply to Buyer, its successors, assigns and the users of goods and services covered by this Order.

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

  • Project Commissioning means the Project will be considered as commissioned if all equipment as per rated project capacity has been installed and energy has flown into grid, in line with the Commissioning procedures defined in the RfS/PPA.

  • Development Project means a project for the development of land within a project area.

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

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

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

  • 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.

  • Project Completion means the date, as determined by the Division after consultation with the Recipient, that operation of the Project is initiated or is capable of being initiated, whichever comes first.

  • Normal operation means all periods of operation except start-up and shutdown operations and maintenance of equipment;

  • 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.

  • Development Phase means the period before a vehicle type is type approved.

  • 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;

  • 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.

  • Development Area means that area to which a development plan is applicable.

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Testson Completion means the tests which are specified in the Contractor agreed by both Parties or instructed as a Variation, and which are carried out under Clause 9 [Tests on Completion] before the Works or a Section (as the case may be) are taken over by the Procuring Entity.

  • Redevelopment project means a specific construction project

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.