Target Commercial Operation Date definition

Target Commercial Operation Date means July 1, 2017.

Target Commercial Operation Date means the intended Commercial Operation Date being the date falling two (2) months from the Scheduled Connection Date or as it may be extended in terms of this Agreement;

Target Commercial Operation Date means the date which falls 60 months after the Planning Consent Date, as such date may be extended in accordance with Clause 5.4 or Clause 7.2 of the Implementation Agreement.

Examples of Target Commercial Operation Date in a sentence

• A single extension may be granted by Buyer in its sole discretion pursuant to Section 12.2. In the event of Force Majeure, the Target Commercial Operation Date will be extended day for day for each day in which the Force Majeure event or circumstance is continuing.

• In addition, Monthly Generation Forecasts for the first three (3) months following Target Commercial Operation Date, shall be provided by the Seller to NamPower four (4) months prior to the Target Commercial Operation Date.

• Any time period specified in this Agreement for the performance of any obligation, including but not limited to the Long Stop Date, the Target Commercial Operation Date and the Commercial Operation Date, shall be extended on a day-for-day basis for each day that the relevant Force Majeure Event prevents, hinders or delays the Affected Party from performing that obligation within the time period, and the Term shall be extended in accordance with Clause 3.2 (Make-up Term).

• Subject to Section 12.2 and except in the event of Force Majeure, this PPA will terminate automatically without notice or opportunity to cure if Seller's Facility as described in Exhibit 2 of Attachment A is not fully completed and operational by the Target Commercial Operation Date defined in Section 1.2 unless Buyer grants an extension in writing.

• The Delay Liquidated Damages shall be paid at a rate of 0.25% of the total EPC cost (including all contractors, equipment suppliers and service providers), as included in the Base Case Financial Model, for every week or part thereof from the Target Commercial Operation Date to the Commercial Operation Date, such weekly sum to be applied pro rata for any portion of a week between the Target Commercial Operation Date and the Commercial Operation Date.

More Definitions of Target Commercial Operation Date

Target Commercial Operation Date means December 31, 2025.

Target Commercial Operation Date means [_____].

Target Commercial Operation Date means April 2022 or any date to which the Target Commercial Operation Date may be extended in accordance with the provisions of this Agreement.

Target Commercial Operation Date has the meaning set forth on the Cover Sheet. “Tax” or “Taxes” means all U.S. federal, state and local and any foreign taxes, levies, assessments, surcharges, duties and other fees and charges of any nature imposed by a Governmental Authority, whether currently in effect or adopted during the Contract Term, including ad valorem, excise, franchise, gross receipts, import/export, license, property, sales and use, stamp, transfer, payroll, unemployment, income, and any and all items of withholding, deficiency, penalty, additions, interest or assessment related thereto.

Target Commercial Operation Date have the meanings set forth in Article 7(a)

Target Commercial Operation Date means July 1, 2017. “Term” has the meaning set forth in article 2.

Target Commercial Operation Date means October 31, 2014.