Required Commercial Operation Date definition

Required Commercial Operation Date. – means the date that is fifteen (15) months following the Project Effective Date; provided, that such date shall be extended: (a) in accordance with the terms of this Agreement as a result of a Force Majeure Event or Political Event or Change in Law.
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Required Commercial Operation Date has the meaning assigned in Section 4 of Appendix A.
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Required Commercial Operation Date or “RCOD” means, in respect of the Zone, the date prescribed by the Transmission Administrator in Schedule 3 for each Required Capacity as the date by which each such Required Capacity is required to commence Commercial Operation.
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Examples of Required Commercial Operation Date in a sentence

  • He, indeed, in heaven, and we on earth; yet our life in Him a heavenly life because it is in Him who is in heaven.

  • Considering the effect of COVID-19 pandemic on many hydro projects under construction in the country, the Government through Nepal Electricity Authority had decided to grant a maximum of one-year extension of Required Commercial Operation Date on demand from projects that needed such time compensation.

  • In that case, it is evident that the contingency arrangement will not be in place before the current Required Commercial Operation Date (RCOD) of MTHP.

  • The Buyer and Seller shall agree to a mutually acceptable billing and payment process prior to the Required Commercial Operation Date.

  • Delay in start up following C.A.R. incidents: This insurance shall cover debt service and fixed operation and maintenance costs incurred following delays in reaching the Required Commercial Operation Date as a direct result of physical loss or damage to the works to the extent that such loss or damage is covered under the C.A.R. policy.


More Definitions of Required Commercial Operation Date

Required Commercial Operation Date means the final date by which the QF is required to be commissioned and shall be exactly eighteen (18) Months after the Contract Date.
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Required Commercial Operation Date means December 31, 2027, subject to adjustment as described in Section 4.1 and 4.3.
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Required Commercial Operation Date means , as such date may be extended pursuant to Section 3.3.7.
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Required Commercial Operation Date means the date falling twenty-seven (27) months from Financial Close, or such later date as may apply in accordance with the provisions of this Agreement.
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Required Commercial Operation Date means July 31, 2024, or such later date as may be agreed to by the Borrower and all Lenders.
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Required Commercial Operation Date means the date that is [] days after Financial Closing, as this may be extended in accordance with the terms of this Agreement.
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Required Commercial Operation Date. – means with respect to the Plant, the date which is [twenty four (24)] months after the Financial Closing, which date may be extended in accordance with the EPA.
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