Scheduled COD definition

Scheduled COD or “Scheduled Commercial Operation Date” shall mean the date …………………. (Insert a date within 12 (twelve) months from the date of execution of the PPA.)

Scheduled COD in relation to an Element(s) shall mean the date(s) as mentioned in Schedule 3 as against such Element(s) and in relation to the Project, shall mean the date as mentioned in Schedule 3 as against such Project, subject to the provisions of Article 4.4 of this Agreement, or such date as may be mutually agreed among the Parties;

Scheduled COD means 12 months from the date of signing of this Agreement.

Examples of Scheduled COD in a sentence

• Further, any preponing of COD of any element prior to Scheduled COD must be approved by the Nodal Agency.

• Provided that, in case of failure of the TSP to achieve COD of the Element of the Project even after the expiry of six (6) months from its Scheduled COD, the provisions of Article 13 shall apply.

• The COD of each Element of the Project shall occur no later than the Scheduled COD or within such extended time to which the TSP shall be entitled under Article 4.4 hereto.

• Not later than 30 days prior to the Scheduled COD of the Generating Unit, DISCOM shall cause to put in place an irrevocable revolving Letter of Credit issued in favour of Solar Power Developer by a Scheduled Bank (the “Letter of Credit”) for one month’s billing value.

• In the event of delay in achieving Scheduled COD of any of the Elements by the TSP (otherwise than due to reasons as mentioned in Article 3.1.3 or Article 11) and consequent part invocation of the Contract Performance Guarantee by the Nodal Agency, Nodal Agency shall release the Contract Performance Guarantee, if any remaining unadjusted, after the satisfactory completion by the TSP of all the requirements regarding achieving the Scheduled COD of the remaining Elements of the Project.

More Definitions of Scheduled COD

Scheduled COD means the date stated to be the Scheduled COD for the Facility Unit in Schedule 1 Part 2 (Details of Facility Unit), as that date may be extended or amended in accordance with the terms of this Agreement;

Scheduled COD means for each Project listed on Schedule I attached hereto, the “Scheduled COD” set forth on Schedule I in respect of such Project.

Scheduled COD or “Scheduled Commercial Operation Date” means in respect of the Facility, the date falling on the last day of the expiry of 6 months from the Effective Date, as extended or pre-poned in accordance with the provisions of this Agreement;

Scheduled COD means the date defined in the Key Information Table, as such date may be extended or amended in accordance with the terms of this Agreement.

Scheduled COD means the date which corresponds to the stated Scheduled COD in Schedule 1, as extended in accordance with the terms of this Agreement provided that any extension shall not endure beyond the Expiry Date;

Scheduled COD or “Scheduled Commercial Operation Date”: means for Power Station, the proposed date of commissioning calculated on the basis of the number of months from the Effective Date, as provided or such other dates from time to time, specified in accordance with the provisions of this Agreement;

Scheduled COD means within Twenty Eight (28) months from the Effective Date where Delivery Voltage is 33 kV or 132 kV as defined in Clause 15.1 of Concession Agreement