Commercial Operation Date definition

Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

Commercial Operation Date means the date on which the Facility achieves Commercial Operation.

Commercial Operation Date means the date on which the conditions set forth in Section 3.4(b) have been satisfied, as set out in a written notice from Seller to Buyer.

Examples of Commercial Operation Date in a sentence

• As of the Effective Date and the Commercial Operation Date, Seller has not made any changes in its ownership, control or management that would cause the Facility to fail to satisfy the eligibility requirements for entering into the standard power purchase agreement or receipt of standard pricing under Utility’s Schedule 201, as applicable.

• Upon the request of Seller, and provided that the existence or duration of any Excused Delay is not the subject of a good faith dispute between the Parties and no Seller Event of Default has occurred and is continuing, Utility agrees to provide reasonable assurances to Seller’s Lenders and other financial institutions that the Scheduled Commercial Operation Date has been extended under this Section 2.7.

• Commercial Operation Date of a unit shall mean the date on which the Large Generating Facility commences Commercial Operation.

• Provided, however, that in the event of a change in Applicable Law that occurs after the Commercial Operation Date and results in a loss of NEM 2.0 grandfathering, Purchaser shall have no such termination right.

• The term of this Agreement (the “Term”) commences on the Effective Date of this Agreement and ends at the earlier of 11:59 PM on the day preceding the twentieth (20th) anniversary of the Commercial Operation Date (the “Termination Date”) or such date as of which this Agreement may be earlier terminated pursuant to the provisions of this Agreement.

More Definitions of Commercial Operation Date

Commercial Operation Date means the date stated in Seller’s Notice, substantially in the form of Appendix VI-A, upon which the Project became Commercially Operable.

Commercial Operation Date means the date on which the Project Completion Certificate is issued by the Authority in accordance with Clause 5.4.6 upon procuring of the Completion Certificate with respect to all the Project Facilities by the Developer.

Commercial Operation Date. (COD) shall mean the date certified by the DISCOM’s committee upon successful commissioning (as per provisions of the PPA) of the project when all equipments as per rated capacity have been installed and energy has flown into the grid.

Commercial Operation Date means the date that the Facility is deemed by PGE to be fully operational and reliable. PGE may, at its discretion, require, among other things, that all of the following events have occurred:

Commercial Operation Date means the date on which the Project is commercially operational, placed into service, and interconnection operations have commenced. The Commercial Operation Date cannot be before the date as stated on the Certificate of Completion or other written permission to operate or authority to interconnect the Facility provided by the T&D Utility.

Commercial Operation Date shall have the meaning set forth in Section 3.4.

Commercial Operation Date has the meaning set forth in Section 2.03(b).