Required Commercial Operations Date definition

Required Commercial Operations 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 Operations Date bears the meaning ascribed thereto in the Power Purchase Agreement;

Required Commercial Operations Date. [JANUARY 2, 2013] or such date as may be equitably extended pursuant to: (a) Clause 13 upon one or more events of Force Majeure or (b) Clause 9.4.1.

Examples of Required Commercial Operations Date in a sentence

Developer shall complete construction of the Interconnection Facilities and any required new transmission line and associated equipment at least 30 days prior to the Required Commercial Operations Date.
Developer shall undertake and be obligated (a) to complete construction of the Project and (b) to achieve successful completion of the required test operations prescribed in Schedule 3 (Testing and Commissioning) no later than the Required Commercial Operations Date.
Unless, prior to the expiration of such 1-year period, Utility and Developer agree on the length, and terms and conditions of an extension of the Required Commercial Operations Date, at the expiration of the initial 1 year period Utility shall either declare a default or waive its right to declare a default pursuant to this Paragraph.
In the event that the Project does not successfully complete the required test operations prescribed in Schedule 3 (Testing and Commissioning) on or before the Required Commercial Operations Date, and Utility is in full compliance with all its material obligations under this Agreement, then Developer shall be liable to Utility in an amount to be determined in accordance with the liquidated damages provisions of Schedule 2 (Calculation of Payments).
At least 60 days prior to the Required Commercial Operations Date, Developer shall submit to Utility its desired Scheduled Outage periods for the first twelve months.

More Definitions of Required Commercial Operations Date

Required Commercial Operations Date means the date on which the Plant is required to be Commissioned as identified in Schedule 1 -.

Required Commercial Operations Date. The date that is [ ] ( ) months following the date on which Financial Closing occurs, as such date may be extended pursuant to Section 6.5 or Section 8.1(b) of the Power Purchase Agreement or by reason of a Force Majeure Event affecting the Company thereunder.

Required Commercial Operations Date. The meaning ascribed thereto in the Energy Purchase Agreement.

Required Commercial Operations Date means in respect of:

Required Commercial Operations Date. The date that is thirty six (36) months following the date on which Financial Closing occurs, as such date may be extended pursuant to Section 6.5 or Section 8.1(b) or by reason of a Force Majeure Event [or due to non-availability of water within Technical Limits]11.

Required Commercial Operations Date. The date that is [ten (10) months] following [the Effective Date], as such date may be extended by reason of a Force Majeure Event, any breach or default by the Purchaser of or under this Agreement or under the Site Lease, or any Non-Project Event.

Required Commercial Operations Date. – means the date falling 18 (Eighteen) months following the Project Effective Date.