Commercial Operation means the condition of operation in which the complete equipment covered under the Contract is officially declared by the Owner to be available for continuous operation at different loads up to and including rated capacity. Such declaration by the Owner, however, shall not relieve or prejudice the Contractor of any of his obligations under the Contract.
Commercial Operation means the Conditions of Operation in which the complete equipment covered under the Contract is officially declared by TSECL to be available for continuous operation at different loads upto and including rated capacity. Such declaration by TSECL, however, shall not relieve or prejudice the Contractor of any of his obligations under the Contract.
Commercial Operation means the date on which the Project becomes commercially operational and placed into service such that all of the following events have occurred and remain simultaneously true and accurate:
Examples of Commercial Operation in a sentence
The Concessionaire shall provide transport along with driver for the Maha-Metro Officials and/or its Engineer starting from Effective Date and shall continue to provide till the end of 06 years from the Effective Date or the Commercial Operation Date of entire project, whichever is later.
More Definitions of Commercial Operation
Commercial Operation means any operation of an aircraft, in return for remuneration or other valuable consideration, which is available to the public or, when not made available to the public, which is performed under a contract between an operator and a customer, where the latter has no control over the operator;
Commercial Operation means the Facility is operating and able to produce and deliver the Product to Buyer pursuant to the terms of this Agreement.
Commercial Operation means, solely for purposes of this Agreement, the date on which a material portion of Qualified Property has been installed or constructed on the Land and is capable of generating electricity.
Commercial Operation has the meaning ascribed to it in Section 2.5.
Commercial Operation means the condition of operation in which the complete equipment covered under the Contract is officially declared by OPTCL to be available for continuous operation at different loads for periods mentioned in the specification so as to relieve the Contractor of his obligations for such operation under the Contract.
Commercial Operation means the date that the first electricity produced by a facility is delivered for commercial sale to the power grid.
Commercial Operation means the Project is operating and able to produce and deliver Energy to Buyer pursuant to the terms of this Agreement.