Scheduled Operation Date definition

Scheduled Operation Date. The date specified in Appendix B when Seller anticipates achieving the Operation Date.
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Scheduled Operation Date. The date specified in Appendix B when Seller anticipates achieving the Operation Date. This date shall not be more than three (3) years after the date in which the Seller executes this Agreement or a later date only if both parties mutual consent to the later date.
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Scheduled Operation Date means the date set forth in Section 5.2.
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Examples of Scheduled Operation Date in a sentence

  • Before the Scheduled Operation Date, Seller shall grant Idaho Power a senior, unsubordinated lien on the Facility and its assets as security for performance of this Agreement by executing, acknowledging and delivering a security agreement and a deed of trust or a mortgage, in a recordable form (each in a form satisfactory to Idaho Power in the reasonable exercise of its discretion).

  • It is expected that the Scheduled Operation Date provided by the Seller shall be a reasonable estimate of the date that the Seller anticipates that the Seller’s Facility shall achieve the Operation Date.

  • For existing projects already delivering energy to Idaho Power under an existing energy sales agreement, the Operation Date will be at hour beginning 00:01 on the Scheduled Operation Date selected in Appendix B-3, provided the Commission approves the replacement Agreement and the Seller completes all of the Article IV and Article V requirements prior to the Scheduled Operation Date specified in Appendix B-3.

  • Seller shall cause the Facility to achieve Commercial Operation on or before the Scheduled Operation Date.

  • To the extent any delay is caused by (i) an event of Force Majeure, or (ii) solely by the action or inaction of Avista, the Scheduled Operation Date shall be extended one day for each day of such delay.

  • The Scheduled Operation Date provided by the Seller shall be a reasonable estimate of the date that the Seller anticipates that the Seller’s Facility shall achieve the Operation Date and complete Article V compliance items.

  • Delay Liquidated Damages will be calculated pursuant to Section 5.3.3 for a maximum of 365 days past the Scheduled Operation Date.

  • The Parties agree that Avista will incur substantial damages if the Facility fails to achieve Commercial Operation by the Scheduled Operation Date and that the damages Avista would incur due to such delay would be difficult or impossible to predict or calculate with certainty, and that the Delay Liquidated Damages are an appropriate approximation of such damages and are not a penalty.

  • Failure of the Facility to achieve Commercial Operation within three hundred and sixty five (365) days of the Scheduled Operation Date shall constitute a material breach of this Agreement and, in such event, Avista may, at its sole option, terminate this Agreement upon written notice to Seller.

  • If the Commercial Operation Date occurs after the Scheduled Operation Date, as may be extended pursuant to Section 5.3.1, Seller shall pay Avista Delay Liquidated Damages pursuant to Sections 5.3.3 through 5.3.6.


More Definitions of Scheduled Operation Date

Scheduled Operation Date means the date specified in Section 5.3.1 when Seller anticipates achieving Commercial Operation or the Initial Delivery Date, as applicable.
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Scheduled Operation Date. The date specified in Section 1.3 when the Generating Facility is, by Seller's estimate, expected to begin Initial Operation.
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Scheduled Operation Date means the Scheduled Open Cycle Operation Date or the
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Scheduled Operation Date means the date specified in Appendix B.
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Related to Scheduled Operation Date

  • Scheduled operation time means the scheduled operating hours of the System for the month. All planned downtime on the system would be deducted from the total operation time for the month to give the scheduled operation time.

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

  • Railway Operation Date means the date of the first carriage of iron ore, freight goods or other products over the relevant Railway (other than for construction or commissioning purposes);

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

  • Scheduled Valuation Date means any original date that, but for the occurrence of an event causing a Disrupted Day, would have been a Valuation Date.

  • 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.

  • Operational Period means the Certificate’s actual term of validity, beginning with the start of the Validity Period and ending on the earlier of: (i) the end of the Validity Period disclosed in the Certificate; or (ii) the revocation of the Certificate.

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

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

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

  • Billing Commencement Date means the earlier of:

  • Fiscal Month means any of the monthly accounting periods of Borrower.

  • Scheduled Castes means such castes, races or tribes or parts of, or groups within, such castes, races or tribes as are deemed to be Scheduled Castes, in relation to the State of Maharashtra under article 341 of the Constitution of India;

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.

  • Scheduled Termination Date means July 9, 2021 or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.02.

  • Scheduled Downtime has the meaning set forth in Section 5.2.

  • Scheduled Outage means the final outage plan as approved by the RPC as per the provisions of the Grid Code;

  • Scheduled Amount means the Day-Ahead Schedule comprised of the quantity (in MWh) of electric energy expected to be produced by the Generating Facility that is scheduled from Seller or Seller’s Scheduling Coordinator to Buyer in a Physical Trade in the IFM.

  • Scheduled Commissioning Date or “SCD” of the Project shall mean [Insert Date];

  • Performance Date means December 31, 2022. If the Locality, in consultation with the Authority and VEDP, deems that good faith and reasonable efforts have been made and are being made by the Company to achieve the Targets, the Locality may, prior to the then-current Performance Date, request an extension of the Performance Date by up to 15 months. Any extension of the Performance Date shall require the prior approval of the Board of Directors of VEDP (the “Board”). If the Performance Date is extended, the Locality shall send written notice of the extension to the Authority, the Company and VEDP and the date to which the Performance Date has been extended shall be the “Performance Date” for the purposes of this Agreement.

  • Commencement Date of the Contract means the date of signing of the Contract between the Purchaser and the Contractor.

  • Scheduled Airline means any civilian aircraft operated by a civilian scheduled air carrier holding a certificate, license or similar authorization for civilian scheduled air carrier transport issued by the country of the aircraft’s registry, and which in accordance therewith flies, maintains and publishes tariffs for regular passenger service between named cities at regular and specified times, on regular or chartered flights operated by such carrier.

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Pay Out Commencement Date means the date on which a Trust Pay Out Event is deemed to occur pursuant to Section 9.01 of the Agreement or a Series 2001-D Pay Out Event is deemed to occur pursuant to Section 7 hereof.