QCiL Construction Event definition

QCiL Construction Event means a Qualifying Change in Law which is implemented, occurs or becomes effective after the Agreement Date and before the Start Date and which will permanently prevent the Generator, acting in accordance with a Reasonable and Prudent Standard, from Commissioning the whole of the Facility by virtue of the necessary construction, conversion, installation, testing, completion or commissioning of the Facility becoming illegal;
QCiL Construction Event means a Qualifying Change in Law which is implemented, occurs or becomes effective after the Agreement Date and before the Start Date and which will permanently prevent the Emitter, acting in accordance with the Reasonable and Prudent Standard, from Commissioning the Capture Plant by virtue of the necessary construction, testing, completion or commissioning of the Capture Plant becoming illegal;
QCiL Construction Event has the meaning given to that term in item 4.12 (Qualifying Change in Law Termination).

Examples of QCiL Construction Event in a sentence

  • Qualifying Shutdown Events: For shutdown events, BEIS intends to follow the AR3 CfD, providing a level of compensation for a Generator if a "QCiL Construction Event" (i.e. a change in law which by its nature prevents a Project which is still in construction from reaching the Start Date) or a "QCiL Operations Cessation Event" (i.e. a change in law which renders it illegal for a Project to continue operating) occurs.


More Definitions of QCiL Construction Event

QCiL Construction Event means a Qualifying Change in Law which is implemented, occurs or becomes effective after the date of the Agreement and before the Start Date and which will permanently prevent the Generator, acting in accordance with the Reasonable and Prudent Standard, from commissioning [the whole of the Facility] by virtue of the necessary construction, conversion, installation, testing, completion or commissioning of [the Facility] becoming illegal;

Related to QCiL Construction Event

  • Commenced Construction means (a) all of the following site preparation work is completed: ingress and egress routes exist; the site on which the Project will be located is cleared and graded; there is power service to the site; footings are prepared; and foundations have been poured consistent with purchased equipment specifications and project design; or (b) the following financial commitments have been made: (i) (A) an engineering, procurement, and construction contract (“EPC”) has been executed by all parties and is effective; or (B) contracts (collectively, “EPC Equivalents”) for all of the following have been executed by all parties and is effective: (1) project engineering, (2) procurement of all major equipment, and (3) construction of the Project, and (ii) the cumulative payments made by the Developer under the EPC or EPC Equivalents to the counterparties to those respective agreements is equal to at least thirty (30) percent of the total costs of the EPC or EPC Equivalents.

  • Completion of Construction means the date, as determined by the Division after consultation with the Recipient, that the work of building and erection of the Project is substantially complete.

  • Commencement of Construction means the initial disturbance of soils associated with clearing, grading, or excavating activities or other construction activities.

  • Commence Construction means that an owner or operator has either undertaken a continuous program of construction or has entered into a contractual obligation to undertake and complete, within a reasonable time, a continuous program of construction.

  • Pipeline Construction means a substantial disturbance to agricultural land associated with installation, replacement, removal, operation or maintenance of a pipeline, but shall not include work performed during an emergency. Emergency means a condition where there is clear and immediate danger to life or health, or essential services, or a potentially significant loss of property. When the emergency condition ends, pipeline construction will be in accordance with these rules.

  • Foreign construction material means a construction material other than a domestic construction material.