Examples of Unit Group in a sentence
The obligation of Seller to deliver the Pre-Initial Delivery Date Products from Unit Groups that have reached their respective Unit Group Commercial Operation Dates in accordance with this Section 3.1(a)(ii) shall be secured by the Development Period Security, the Buyer’s Lien, and the pro-rata percentage of the Services Term Security as described in Section 8.1(b).
The Pre-Services Term Period Security shall be maintained (or increased to the extent additional Unit Group Commercial Operation Dates shall occur) throughout the Pre-Services Term Period in full force and effect by Seller, and shall be in addition to, and not in replacement of, the Development Period Security.
Seller shall notify Buyer and PJM of its proposed Maintenance Outages for the Unit, Unit Group or the Project by submitting to Buyer and PJM a completed Outage/Availability Notification Form with no less than the advance notice required under the PJM Agreements (or if not specified in the PJM Agreements, no less than forty-eight (48) hours) in advance of the requested start of the Maintenance Outage.
No later than sixty (60) days prior to the earlier of the first Unit Group Commercial Operation Date and the Project Commercial Operation Date, if the Seller shall not be the operator of the Project, Seller shall notify Buyer of such operator, and shall confirm that the agreement between Seller and such operator shall require the operator to operate the Project in accordance with the terms of this Agreement.
Each reference in such Sections to the “Initial Delivery Date” shall be changed for purposes of this Section only to “applicable Unit Group Commercial Operation Date”.
At least three (3) months prior to issuance of the EPC Notice to Proceed by Seller to the EPC Contractor, Seller shall provide Buyer a construction schedule detailing the schedule and construction milestones for completing the Project and each of the Units and reaching the Project Commercial Operation Date, the Initial Delivery Date and each Unit Group Commercial Operation Date.
This schedule will be promptly provided by Seller to Buyer when available and shall be updated by Seller on a monthly basis after the later of the issuance of the Turbine Notice to Proceed or the EPC Notice to Proceed, and shall be updated on a weekly basis during the ninety (90) day Notice period for the Unit Group Commercial Operation Dates of any Unit Groups delivering Pre-Initial Delivery Date Products.
Seller shall provide Buyer with monthly progress reports, including projected time to the Project Commercial Operation Date and each Unit Group Commercial Operation Date, and Buyer shall have the right, during business hours and upon reasonable Notice, to inspect the construction site and monitor construction of the Project.
In connection with the sale of Pre-Initial Delivery Date Products, Seller shall provide Buyer with a schedule (which shall be non-binding but shall be prepared in good faith) of the projected Project Commercial Operation Date and Unit Group Commercial Operation Dates for all Units and the projected quantities of Products to be delivered from such Units on and after their Unit Group Commercial Operation Dates no later than thirty (30) days after the first of the Turbine Contracts are executed.
Seller shall conduct an Initial Performance Test for purposes of establishing the Unit Group Commercial Operation Date or Project Commercial Operation Date for each Unit, and Subsequent Performance Tests during the term of, and the extent provided for in, the Turbine Supply Agreement after the achievement of such Commercial Operation Dates.