Commencement of Commercial Production definition

Commencement of Commercial Production means the first occurrence of Commercial Production in an Area.

Commencement of Commercial Production means:

Commencement of Commercial Production means the first day after the Property has been in Commercial Production for at least 30 consecutive days;

Examples of Commencement of Commercial Production in a sentence

• Preliminary & Public Issue Expenses incurred by the Company will be charged to revenue on a deferred basis over a period of 10 Years on a Commencement of Commercial Production.

• Without limiting such terms, you may not currently make a payment of alimony, child support, taxes, or other governmental fees or court‐ordered payments through online banking.

• Two per cent (2%) of the total amount of capital expenditure for the Project from the Date of Commencement of Commercial Production to the end of the Term.

• Pursuant to the SEBI Regulations, an aggregate of 20% of the Post-Issue Equity Share Capital of our Company shall be locked up by our Promoters for a period of three years from the date of Commencement of Commercial Production or date of allotment in this Issue whichever is later.

• Date or expected date of Commencement of Commercial Production: The Company commenced its business from 4 October 1988.

More Definitions of Commencement of Commercial Production

Commencement of Commercial Production means (a) if a mill is located on the Property, the last calendar day of a period of 40 consecutive calendar days in which, for not less than 30 calendar days, the mill processed ore from the Property at 60% of its rated concentrating capacity, or (b) if a mill is not located on the Property, the last day of a period of 30 consecutive calendar days during which ore has been shipped from the Property on a reasonably regular basis for the purpose of earning revenues, but any period of time during which ore or concentrate is shipped from the Property for testing purposes, a bulk sample or during which milling operations are undertaken as initial tune-up, will not be taken into account in determining the date of Commencement of Commercial Production;

Commencement of Commercial Production means the last day of the first period of 30 consecutive days during which ore has been shipped from the Property on a reasonably regular basis for the purpose of earning revenues.

Commencement of Commercial Production means the date on which the Industrial Enterprise actually commences commercial production as certified by the Director /Deputy Director of Industries/ General Manager, District Industries Centre/ Member Secretary, Single Window Clearance Agency or any other officer authorized by the Director to do so.

Commencement of Commercial Production means and shall be deemed to have been achieved on the day on which the production facility to be developed at the Project (the "Production Facility") has operated [Redacted] (the "Minimum Annualized Production Rate").

Commencement of Commercial Production means the date upon which the production and processing facilities developed under this Agreement achieve an ore production and processing rate for a continuous thirty-day period equal to at least seventy percent (70%) of the design rate established in a Feasibility Study.

Commencement of Commercial Production means the first day of the period of thirty consecutive days during which production is not less than the level of regular production delivered for sale as determined by Government as part of the approval of, or amendment to a development plan, averaged over not less than twenty five days in the period;

Commencement of Commercial Production means the first day following the first period of ninety (90) consecutive days during which Products are produced from the Property at an average rate equal to at least fifty percent (50%) of the design capacity of the production facilities established for producing Products from the Property.