Examples of Target COD in a sentence
Liquidated Delay Damages shall begin to accrue on the Day after the Target COD (as it may be extended due to Force Majeure) until the first to occur of COD or termination of this PPA pursuant to Section 12.2(C) below.
Seller shall be in default under this PPA if the Facility fails to achieve COD by the Target COD (“COD Delay”).
Confronting these challenges will require honest discussion of tough choices and unprecedented cooperation at all levels of government and among stakeholders.
If FM delays the commencement of construction or the occurrence of commercial operation, then the CC Longstop Date, Target COD, and COD Longstop Date will be extended for such reasonable period of delay directly resulting from such FM event.
If Seller is the Affected Party, the Target COD shall be extended day for day for the duration of the effects of a Force Majeure Event.